Berlin‑based energy platform Cloover, founded in 2023, announced it has become profitable with a $350 million revenue run rate and secured a $100 million financing facility backed by a €350 million European Investment Fund guarantee, expanding its capacity to fund residential solar, heat‑pump and home‑electrification projects in Germany, the UK, France and Poland.
Swiss construction‑tech startup Foldcast received €160k from Venture Kick to scale its recyclable paper mould system that reduces concrete use, aiming to launch pilots and commercial partnerships across Europe.
Swedish industrial decarbonisation startup Stegra raised the largest round in H1 2026, obtaining €1.4 billion to finish its Boden steel plant, marking a landmark financing for European green‑steel initiatives
Verkor, the unicorn specialized in electric batteries, will change its CEO on 1 September.
Icelandic energy‑software startup SnerpaPower secured €3.4 million in a seed round led by Encevo, with participation from Crowberry Capital, BackingMinds and a grant from the Icelandic Technology Development Fund. The funding will be used to scale its AI‑driven platform that forecasts electricity demand and automates procurement for power‑intensive industries, expanding the solution across Europe.
UK‑based startup Boldr secured $5 million in a pre‑Series A round led by Unconventional Ventures, with participation from several venture funds and strategic HVAC investors, to scale its platform that connects home heating, cooling, batteries, EV chargers and solar assets, enabling them to provide flexible grid capacity.
UK‑based EcoNomad Solutions secured a £400k funding round, led by the British Design Fund with support from Innovate UK and existing investor Beeches Group, to expand its BioNomad waste‑to‑energy technology for small livestock farms, aiming to cut methane emissions and lower energy and fertiliser costs across the UK and Europe.
BioCircular Fiber, a Spanish startup, has started operating the country’s first industrial hemp fiber plant in Sevilla, producing locally sourced, traceable hemp fiber for textiles, construction, and animal bedding, aiming to replace imported fiber with sustainable domestic supply.
UK‑based water‑tech startup Metal Morph secured £700k in pre‑seed funding, co‑led by Sustainable Ventures and Green Angel Ventures, to scale its infrastructure‑as‑a‑service solution that recovers aluminium and iron‑based chemicals from municipal and industrial wastewater, aiming to create a circular supply chain and reduce costs and emissions.
Spanish biotech startup Entomonorte, which develops R&D and consulting services for converting bio‑waste into high‑value raw materials, secured a €100,000 grant from the public agency SRP via the Asturias Startup Fund to expand its operations in the region.