Post by Net Zero Insights

We tracked over 80 global Climate Tech deals last week. Here are the 7 most notable ones 🌍 🔧 Treviso, Italy-based Enex Technologies secured a $40.5M ESG-linked refinancing facility from BancoBPM, CDP Cassa Depositi e Prestiti (CDP), Deutsche Bank, and Banca Sella to expand production of natural refrigerant-based cooling systems, accelerate technology development, expand across European markets, and strengthen its presence in the data center cooling segment. ⚡ Antananarivo, Madagascar-based WeLightAfrica closed a $30.7M funding round from the IFC - International Finance Corporation (IFC), AXIAN Group, SAGEMCOM, and Norfund to accelerate the deployment of solar mini-grids across Africa, expand into Nigeria and the Democratic Republic of the Congo, and strengthen its rural electrification operations. 🧪 Bristol, UK-based Astral Systems closed a $30M Series A first close led by Mercia Ventures, with participation from daphni, Blast Club, Speedinvest, Playfair, and others to commercialize its compact multi-state fusion technology for medical isotope production, accelerate clinical deployment, and expand advanced neutron applications. 🏡 Berlin, Germany-based VARM closed a $20M Series A round led by ABN AMRO Sustainable Impact Fund, GET Fund, and others to expand its AI-enabled home insulation platform, grow its installer network, and scale residential energy-efficiency retrofits across Europe. 💡 Grenoble, France based AlpSemi raised a $19.3M funding round led by Yotta Capital Partners, with participation from SE Ventures, Navitas Semiconductor, and Cycle Group, to scale its next-generation solid-state circuit breaker (SSCB) power switch technology for buildings and 800V DC AI data center power systems, enabling more efficient and digitally controlled electrical infrastructure. 🐶 London-based Omni Pet | B Corp™ raised $14.5M in funding led by IW Capital and Redrice Ventures, RootBridge Capital, Digitalis Ventures, and Lever VC to expand its pet obesity treatment platform, including a GLP-1-based weight management solution for dogs and broader pet health products aimed at tackling rising obesity in companion animals. 🔋 Finland-based Cactos raised $14M in a round led by Union Square Ventures, with participation from Tesi, Hyundai Motor Group, Silence VC, FJ Labs, and others to accelerate expansion of its battery energy storage systems across Europe, scale its next-generation product offering, and strengthen deployment of grid flexibility solutions as electricity systems increasingly integrate renewables. #netzeroinsights #climatetech #climateinnovation #investments #funding #venturecapital #startups