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.
The World Economic Forum’s report highlights emerging technologies like smart energy systems and post-quantum cryptography. Romanian startups such as ADEX Energy (energy optimization platform) and BlueSpace Technology (cybersecurity solutions) are positioning themselves in these growing markets, with BlueSpace securing 19 million EUR NATO contracts.
Wrocław’s Politechnika Wrocławska and Kogeneracja partner to utilize waste heat from supercomputers to power city heating
UK-based startup LabCycle secures £430K to commercialize lab plastic recycling system