Irvine, California-based firm Newlight Technologies pocketed $9.2 million in its third funding round to create low-costs plastics from greenhouse gases in a bid to help address climate change.
Clean Technology
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.
Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.
GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.
The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.
The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.
Brooklyn, US-based incubator Urban Future Lab has opened in partnership with NYU Polytechnic School of Engineering and The New York City Economic Development Corp (NYCEDC) to support cleantech startups around the world.
Oregon, US-based electric motorcycle manufacturer Brammo Inc landed $9.5 million in an on-going Series D funding round from Terracap Ventures and Aviva Investors amid efforts to cut cost and increase profitability.
The government of Quebec approved a $10-million equity investment in Montreal, Canada-based alumina producer Orbite Alumniae Inc, with the funds coming from the government's financing arm Investissement Quebec.
An undisclosed investment amount was given to Germany-based Sunfire from Electranova Capital, the clean technology venture capital fund of Idinvest Partners sponsored by EDF, and Total's venture capital arm Total Energy Ventures.
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
Berlin, Germany-based solar energy startup Changers closed $1.5 million in a Series A funding round led by state-backed fund BFB Frühphasenfonds Brandenburg to turn solar power creation into a rewarding game.
Fayetteville, US-based startup CycleWood Solutions Inc secured $1.45 million in funding from Dallas-based venture capital firm Trailblazer Capital LLC for the commercialization of its biodegradable grocery bags.
Columbus, US-based natural gas compression startup Simple-Fill received an undisclosed amount of technology grant from the Technology Concept Fund, an investment fund backed by Ohio State University.