HOUSE of CLIMATE | N°64

1. GENERAL FUNDING OVERVIEW

1.1 ROUNDs COUNTER

Since the beginning of the year, the total climate tech fundraising (cumulative) across European Union is:

• Money Counter: $74.4 Billion;
• Funding Counter: 602 round of financing.

1.2 WEEKLY ROUNDs

The previous weeks closed with a total of:

• 16 funding?rounds;
• 9 M&A;
• $2.5 billion invested.

2. ROUND DEEP DIVE

Here you will find a list of the most interesting deals of the last weeks:

Hubcycle | Series A 15M

Hubcycle converts fruit and vegetable waste into raw materials for the hygiene and food industries.

Flower | Series A 20M

Developing knowledge and AI to efficiently deploy electricity flexibility

GOVECS | Round 1.6M

GOVECS is focused on creating zero emission electric vehicles, designed according to the requirements of modern electric mobility.?

?rsted | PE round 1.75B

?rsted develops and maintains offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants.

Tebrio | Debt 30M

Industrially transforming rich amino acids mealworms into biofertilizer and protein for sustainable fish and animal feed.

Skarta Energy | Debt 50M

Skarta Energy develops and produces renewable energy, specializing in industrial-scale solar power projects.

GridBeyond | Grant 7.8M

GridBeyond provides wireless energy management and control systems for retail, commercial and industrial users.

NetZero | Corporate Round 7M

NetZero? is a climate venture specializing in long-term carbon removal from the atmosphere.

Fastned | Post-ipo Debt 21.5M

Fastned is a fast-charging network for electric vehicles to charge with renewable energy from the sun and wind.

Spinnova | Post-ipo Debt 12.7M

Spinnova is a textile manufacturer that uses wood and waste without the use of harmful chemicals.

Junnikkala acquired by Stora Enso

Junnikkala is a paper and forest manufacturing company that specializes in wood and timber flooring products.

Greensun acquired by S.E.S.A. Spa

Greensun is a B2B distribution company that specializes in providing solutions in the energy-saving, photovoltaic, and heating sectors.