Climentum Capital, a Danish VC firm, raised €60 million for its second climate tech fund, supported by the European Investment Fund, Denmark’s EIFO, and the Danish Society of Engineers. The fund targets Seed and Series A investments in climate hardware and deep tech startups across Europe.
Webuild’s subsidiary Fisia Italimpianti has initiated operations of a new water treatment plant for Saudi Aramco’s Zuluf oil field. The facility treats high-salinity groundwater for reinjection into offshore wells, supporting oil production. The project marks Webuild’s entry into the high-value Oil & Gas sector and includes 25 years of operational management by Fisia Italimpianti.
Fuse Energy, a London-based startup founded in 2022, announced the hiring of a workplace performance manager to enhance employee productivity and wellness. The role includes managing workplace standards, employee health initiatives, and supplier relationships. The decision sparked debate about balancing performance optimization with employee privacy and burnout risks.
Index Ventures is negotiating to lead a €5 million funding round for Berlin-based energy management startup Nomos Energy, according to sources. The company previously raised €0.1 million in 2021 and has grown to €7 million in valuation by 2023.
Archimede, a Sicilian deeptech startup, raised 1.5 million euros in a seed round led by Primo Capital. The company develops ArchMesh, a modular off-grid infrastructure management solution integrating predictive energy management, satellite connectivity, and low-code software. Funds will support scaling and international expansion.
Spanish cleantech company H2SITE, specializing in hydrogen production and separation technologies, has expanded its Series B funding round to over 42 million euros after securing an additional 6 million euros from EIC Fund and a new private investor.
embee’s intelligent measurement data evaluation enables power suppliers to understand customer ownership and usage of electric vehicles, heat pumps, and solar panels.
LivingFilters, a Lund University spinout, raised €420K in pre-seed funding led by Turbine Capital to advance AI-designed protein technology for removing PFAS and micropollutants from water. The funds will support pilot projects and product development aligned with EU regulatory mandates.
Project Enki and Vattenfall, with partner ABB, are investigating offshore data centers connected to wind farms to operate on renewable energy. The initiative aims to address growing demand for computing power while reducing grid strain and utilizing seawater cooling.
RarEarth, an Italian startup specializing in recycling rare earths from electronic waste, secured a 2.5 million euro grant from the European Innovation Council (EIC) and potential equity investment of up to 6 million euros. The funding will support the construction of its first production facility and advance its patented technology for producing high-performance magnets in Europe. The company, founded in 2023, aims to reduce reliance on imported rare earths and promote sustainable manufacturing.