At Net Zero Insights, we track real-time Climate Tech funding and investment trends, helping you stay ahead of market movements. Over the past two weeks, we’ve recorded 160+ funding rounds and the launch of 5 new climate-focused investment funds.
New Climate Tech Investment Funds
Here’s a look at new funds driving progress across nuclear energy, AI, automation, and clean tech.
- USA, New York City–based Reveille Venture Capital has launched its debut venture fund with a $25M target, focused on early-stage investments in startups spanning nuclear energy, and productivity-driven technologies.
- India, Jaipur-based Rajasthan Venture Capital Fund (RVCF) has launched its fourth fund, India Growth Fund IV, with a ₹150 Cr fund size and an additional ₹100 Cr Green Shoe option, to back early-stage tech startups with scalable business models and strong job-creation potential.
- taly-based Radical Fund of Funds launched a €400M target fund-of-funds (with a €80M first close) to invest in venture capital funds across climate tech, AI, deep tech, healthcare, space technologies, and creative industries.
- Paris-based makesense launched makesense Seed II, a €25M pre-seed impact fund (first close at €15M) to back early-stage circular economy startups building a more resilient and inclusive economy across Europe.
- Germany-based U2V (University 2 Venture) launched an independent €60M-target debut fund to back European deeptech university spinouts at pre-seed and seed stages, focusing on AI & computing, industrial tech, and clean tech.
Top Climate Tech Funding Rounds
The past two weeks saw major funding flow into geothermal, nuclear reactors, data intelligence, batteries, and more.
- 🌋 US, Houston-based Fervo Energy closed a $462M Series E round from B Capital, Google, Carbon Equity, Climate First, and others to support construction of its Cape Station geothermal project in Utah and scale next-generation geothermal power delivery to the grid.
- ☢️US-based Radiant raised over $300M in a late VC round from Draper Associates, Boost VC, Ark Venture Fund, Chevron Technology Ventures, Founders Fund, and others to advance development of its transportable 1-MW helium-cooled microreactors aimed at replacing diesel generation for data centers, commercial, and military sites.
- ✈️ US, Denver-based Boom Supersonic raised an additional $300M in funding from Darsana Capital Partners LP, Altimeter Capital, ARK Investment Management LLC, Bessemer Venture Partners, Robinhood Ventures, Y Combinator, and others to expand operations and advance development of its Symphony supersonic engine and Superpower natural gas turbines for aviation and AI power applications.
- 🛰️ Finland, Helsinki-based ICEYE closed a $175M Series E round from General Catalyst, A.P. Moller Holding, Bpifrance, RiO Family Office, and others, to scale its synthetic aperture radar (SAR) satellite constellation and expand advanced sensing and data intelligence services.
- 🔋 Germany, Weinheim-based Green Energy Origin (GEO) closed a $110M Series B round from BlueCrest Capital Management, Qiming Venture Partners, Sofina, NIO Capital, and others to strengthen R&D and manufacturing of battery electrolytes and CNT slurries, accelerate its global supply-chain buildout, and scale commercialization across Europe and North America.
- ☢️USA, Austin-based Last Energy closed a $100M Series C round from Astera Institute, JAM Fund, Gigafund, The Haskell Company, AE Ventures, Ultranative, Galaxy Interactive and others to scale deployment of its modular 20-MW nuclear reactors for clean, reliable industrial power.
- ⚡UK, London-based Fuse Energy closed a $70M funding round from Lowercarbon Capital, Balderton Capital, Ribbit Capital, QuantumLight, Future Positive Capital, and others to accelerate international expansion, scale its vertically integrated energy operations across generation, trading and supply, and fast-track new consumer energy hardware products.
- 🔌Australia, Melbourne-based IND Technology closed a $50M funding round from Angeleno Group, Energy Impact Partners, Virescent Ventures, and Edison International, to accelerate global deployment of its early fault detection technology for power grids, improving reliability and preventing wildfire risks.
- ⛵ Spain-based bound4blue closed a $44M funding round from OCTAVE Capital, Katapult Ocean, Motion Ventures, ReOcean Fund, Shift4Good, GTT Strategic Ventures, KAI Capital, and others to industrialize and scale its wind-powered suction sail systems for immediate and scalable decarbonization of global shipping.
- 🌿 Finland, Tampere-based Ren-Gas closed a $18.7M funding round from Taaleri, Tesi, Allianz, and others to advance construction of its Power-to-Gas facilities and scale renewable e-methane production for heavy transport and shipping.
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