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BorgWarner acquires Rhombus Energy Solutions

Charged

Rhombus supplies its patented technology to EV OEMs, including Proterra, as well as charging and grid service providers. The technology that Rhombus brings expands BorgWarner’s electric vehicle portfolio in North America and complements our existing European charging business,” said Frédéric Lissalde, President and CEO of BorgWarner.

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Greentown Labs and Browning the Green Space Announce Second Cohort for ACCEL, an Accelerator for BIPOC-led Climatetech Startups

Greentown Labs

These early-stage startups are working on innovations from vertical-axis wind turbines to carbon-negative concrete. AtmoSpark Technologies (Houston, Texas) is an atmospheric water generation company with a patented electro-condensation technology, which has a lower energy footprint than that of current water-generation methods.

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Eavor completes $182 million equity round to advance closed-loop geothermal

ThinkGeoEnergy

(Eavor) has announced the successful completion of $182 million in funding following an equity round led by OMV AG , with participation from Canada Growth Fund (CGF), Japan Energy Fund, Monaco Asset Management and Microsoft’s Climate Innovation Fund. The CGF contributed $90 million to the equity round.

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Greentown Go Move 2022 with BASF and Magna Announces Startup Cohort Focused on Automotive Industry Decarbonization

Greentown Labs

The accelerator program, which specializes in advancing startup-corporate partnerships with BASF and Magna, welcomes five startups working on emissions-reducing innovations for automotive manufacturing. MITO’s patented platform technology creates hybrid additives with unique attributes—and limitless possibilities. . Somerville, Mass.

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GreenFire, Stoic to combine technologies for improved closed-loop geothermal

ThinkGeoEnergy

The partnership involves a cross-license agreement that includes patented GreenFire’s GreenLoop® (“GreenLoop”) and Stoic’s patent-pending Flux Crossover technology. “Our commitment extends beyond innovation to fostering sustainable partnerships and empowering communities. GreenFire Energy Inc.

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Building a Cleantech Innovation Community – Together

Greentown Labs

In the Northeast cleantech ecosystem, we talk a lot about the many ways the members of our community intersect, collaborate, and partner to drive innovation and tackle our world’s biggest climate, clean energy, and environmental challenges. About Greentown Labs.

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Greentown Labs Member Milestones — July 2022

Greentown Labs

Cleartrace announced a $20M financing round , from several strategic investors, including Greentown partner EDF Energy North America. Carbfix , a Carbon to Value Initiative Year 1 participant, received a grant from the European Innovation Fund to build the Coda Terminal , a large-scale CO 2 transport and storage hub in Iceland.