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Electric aircraft maker Lilium completes $240-million funding round

Charged

The company recently completed a $240-million funding round led by Tencent, with participation from other existing investors, including Atomico, Freigeist and LGT. This additional funding underscores the deep confidence our investors have in both our physical product and our business case,” said Lilium CFO Christopher Delbrück.

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$650 million investment is the biggest so far in direct air capture

Envirotec Magazine

Swiss direct air capture (DAC) start-up firm Climeworks announced on 5 April that it has signed an equity round of $650 million (CHF 600 million), an apparent milestone in the financing of the carbon removal industry. Climeworks unveiled its Orca facility in Iceland in September 2021.

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This VC has a message for climate-tech entrepreneurs: Prove it

GreenBiz

million round of funding with CEV in early April, and SERC was a "succinct and easy way" for the team to assess its impact, said Megan O’Connor, founder and CEO of the Boston-based firm, which emerged from Harvard University. The company closed a $3.2 Practical Magic. Sponsored Article.

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Comment: Technology will be crucial to the success of vertical farms

Envirotec Magazine

Case Study – large commercial vertical farm in the UK: JFC2 JFC was established in 2016 to exploit the advantages of vertical farming to provide fresh local produce all year round. Christoph utilises Vaisala sensors as standard, following previous experience with them in a grain dryer control system. Justin explains.

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'Tech revolution': Low carbon construction pioneer secures €10m funding boost

Business Green

Vestack completes funding round, as it seeks to accelerate roll out of modular building technology. "A A tech revolution is necessary to reconcile sustainable construction with affordable housing", according to the founders of Vestack, a tech company that specialises in the design and construction of low carbon buildings.

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Fabrum to supply Obayashi Corporation with a 1MW hydrogen refuelling station in Auckland

Hydrogen Fuel News

This is the first project we’ve collaborated on with Obayashi Corporation, which participated in Fabrum’s $23M Series A financing round in February 2023. It’s fantastic to work together to advance hydrogen technologies to enable a lower-carbon economy.”

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'Mammoth': Climeworks breaks ground on latest direct air capture and storage plant

Business Green

In April, the company completed a $650m equity round, which it said would be used to implement large modular direct air capture and storage facilities, invest in technological development, and grow its organisation globally.