Italian Cleantech Startup Nlcomp Secures €1.15 Million to Scale Sustainable Maritime Manufacturing

Nlcomp, a Cleantech startup focused on sustainable maritime solutions, secured €1.15 million in funding led by Ocean to expand into the workboat sector. The investment will support the launch of its new rFactory in Monfalcone and the development of recyclable composite materials for low-impact maritime vessels.

Spanish Bio-Based Chemicals Firm Catalyxx Secures €20 Million EU Grant for Commercial Plant

Catalyxx, a Spain-based developer of bio-based chemicals, has received a €20 million EU grant to build its first commercial plant in Europe. The funding supports the transition from technology demonstration to commercial-scale production of bio-based alcohols, aiming to reduce reliance on fossil-based feedstocks.

French Cleantech Startup Bohr Energie Secures €10 Million Series A to Expand AI-Powered Energy Platform Across Europe

Toulouse-based Bohr Energie, a renewable energy aggregation platform, raised €10 million in Series A funding led by Suma Capital. The company uses AI to optimize distributed renewable and flexible assets, aiming to expand its technology and enter new European markets.

Munich-based Proxima Fusion raises €411 million to accelerate nuclear fusion technology development

Munich-based Proxima Fusion secured €411 million in a €2.5 billion valuation round led by XTX Ventures and East X Ventures, with Google as a notable investor. The funding will accelerate development of its nuclear fusion technology, including the Alpha stellarator project. The company aims to secure additional €1.2 billion from the German federal government for commercialization.

German Deeptech Startup Porelio Raises €2.4M to Scale Industrial Water Treatment Materials

Porelio, a Germany-based deeptech startup developing advanced materials for industrial separation and water treatment, raised €2.4 million in a pre-seed round led by Faber. The funding will scale its patented continuous-flow manufacturing process for Functionalized Ordered Mesoporous Silicas (FOMS), which capture pollutants like PFAS and recover precious metals more efficiently than existing methods.