In the Netherlands’ dynamic entrepreneurial landscape, a revolutionary wave is sweeping across the world of energy innovation. As 2023 draws to a close, a group of Dutch energy startups have already emerged as leaders in sustainable technology, reaching fundraising goals and setting new standards. From Amsterdam to Utrecht, and beyond, each startup has a unique … Read more
In the Netherlands’ dynamic entrepreneurial landscape, a revolutionary wave is sweeping across the world of energy innovation. As 2023 draws to a close, a group of Dutch energy startups have already emerged as leaders in sustainable technology, reaching fundraising goals and setting new standards. From Amsterdam to Utrecht, and beyond, each startup has a unique … Read more
Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, announced on Wednesday, December 13 that it has secured debt capital from BNP Paribas, Deutsche Bank, and LBBW. As an initial step, the three banks will provide a total of €52.5M. However, the German company plans to expand this financing … Read more
Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, announced on Wednesday, December 13 that it has secured debt capital from BNP Paribas, Deutsche Bank, and LBBW. As an initial step, the three banks will provide a total of €52.5M. However, the German company plans to expand this financing … Read more
London-based Statera Energy, an energy storage and flexible generation developer and operator, announced recently that it has secured up to £300M (approximately €346M) of debt financing through a syndicate led by Lloyds Bank. Managing Director, Head of Infrastructure and Project Finance at Lloyds Bank, James Taylor, says, “By storing excess energy, Statera’s technology ensures the … Read more
Bordeaux, France-based Newheat, a renewable heat supplier, announced that it has secured €30M led by SWEN Capital Partners via its SWIFT 2 (SWEN Impact Fund for Transition 2) strategy. The company’s long-term partners, including Noria, Bpifrance, via its France Investissement Energie Environnement (FIEE) sector fund, the Etchart group, and the Holdheat holding company, also participated … Read more
Stockholm-based Northvolt, a lithium-ion battery manufacturer, announced on Thursday, November 16, that it has raised $150M (approximately €138M) funding from CDPQ (Caisse de dépôt et placement du Québec), a Canadian global investment group. The funding, in the form of convertible debt in the parent company located in Sweden, will contribute to the fund the Northvolt … Read more
Oslo-based Otovo, a marketplace for solar and battery storage, announced on Friday, November 10, that it has secured €40M (approximately NOK 450M) in a fresh funding round. The round was led by the existing investors Å Energy, Axel Johnson Group, and Nysnø (The Norwegian Government Climate Investment Fund). Otovo’s top investors, who previously owned 44 … Read more
Delft-based Tarnoc, the manufacturer of fully electric Turbine Heat Pump, announced on Thursday, November 2, that it has raised €800K in the initial phase of its seed round. Two new shareholders, including BarUni and other family funds, have joined the company, showing immense confidence in Arnoc’s mission. The Dutch startup will utilise the capital infusion … Read more
Lithuanian energy company Green Genius raises €6.9M to construct renewable energy-based power plants.