Breakthrough Energy

Airbus, Barclays Sustainable Impact Capital and NEOM co-lead ZeroAvia's latest financing round

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星期一, 九月 18, 2023
Private sector, Breakthrough Energy, Zero-emissions vehicle, Hydrogen, Electronics, Aviation, Electricity, Dash, ZeroAvia, Certification, PEM, Climate change, Al-Faris 8-400, Li Ka-shing, Water, Airbus, Alaska Airlines, Growth, Aircraft, NEOM, Barclays, Renewable energy, Jet fuel, Airline

KEMBLE, United Kingdom and HOLLISTER, Calif., Sept. 18, 2023 /PRNewswire/ -- ZeroAvia today announced that Airbus, Barclays Sustainable Impact Capital and NEOM have co-led the company's latest financing round. 

Key Points: 
  • KEMBLE, United Kingdom and HOLLISTER, Calif., Sept. 18, 2023 /PRNewswire/ -- ZeroAvia today announced that Airbus , Barclays Sustainable Impact Capital and NEOM have co-led the company's latest financing round.
  • In conjunction with the investment, Airbus and ZeroAvia have agreed to collaborate on certification approaches for hydrogen power systems.
  • ZeroAvia is pursuing hydrogen-electric propulsion systems as the most environmentally friendly and economically attractive solution to aviation's growing climate change impact.
  • Majid Mufti, Managing Director NEOM Investment Fund, said: "At NEOM, we are committed to identifying and implementing sustainable solutions that pave the way for a greener future.

Antora Energy Launches Ready-to-Scale Industrial Decarbonization Technology & Establishes New Ultra-High-Temperature Record

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星期二, 九月 12, 2023
Hardware, Oil, Gas, Alternative Energy, Batteries, Energy, Technology, Other Manufacturing, Construction & Property, Environment, Green Technology, Building Systems, Other Technology, Manufacturing, Carbon, Temperature, Breakthrough Energy, California Energy Commission, U.S. Department of Defense Strategy for Operating in Cyberspace, Electricity, NSF, TPV, Natural gas, National Science Foundation, Light, Overture, Climate change mitigation, Modularity, Steel, Wind, Antora, Sunlight, Nature, Lean, Glass, CEC, Geography, Lithium, Renewable energy, Electric battery

Antora Energy , a leader in zero-carbon heat and power for the industrial sector, has launched its proven, ready-to-scale thermal battery.

Key Points: 
  • Antora Energy , a leader in zero-carbon heat and power for the industrial sector, has launched its proven, ready-to-scale thermal battery.
  • The majority of industrial energy emissions stem from burning fossil fuels to create heat and power, which costs manufacturers over $1T globally every year and is used in nearly every industrial process.
  • With TPV, Antora has pioneered the first energy storage technology capable of cost-effectively addressing the entire industrial energy equation—on-demand heat and on-demand power.
  • “Antora’s thermal battery is the fastest and lowest-cost path to electrifying the industrial sector,” said Andrew Ponec, co-founder and CEO, Antora Energy.

Boston Metal Closes $262M Series C Funding Round to Decarbonize Steelmaking and Disrupt the Metals Industry

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星期三, 九月 6, 2023
Environment, Steel, Finance, Professional Services, Manufacturing, Sustainability, Green Technology, Mining, Minerals, Natural Resources, Metal, M&G, Breakthrough Energy, Investment, Jens Ulltveit-Moe, Electricity, ArcelorMittal, Microsoft, World Bank, Carbon, Chevrolet Series C Classic Six, MOE, Venture round, Alloy, CO2, Catalysis, Renewable energy, Saudi Aramco

Boston Metal, a global metals technology solutions company, today announced the close of its Series C fundraising, bringing the series total to $262 million.

Key Points: 
  • Boston Metal, a global metals technology solutions company, today announced the close of its Series C fundraising, bringing the series total to $262 million.
  • Existing investor Breakthrough Energy Ventures also joined the round, and several others made additional investments in the Series C, including Microsoft’s Climate Innovation Fund, BHP Ventures and Prelude Ventures.
  • “Boston Metal is working to decarbonize the steelmaking and metals industries,” said Thierry Masson, head of Catalyst – Americas at M&G Investments.
  • “Boston Metal’s MOE technology paired with an experienced leadership team provides a major opportunity to reduce emissions in hard-to-abate industries worldwide.

Sortera Technologies Attends IAA Mobility 2023 Conference in Munich

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星期二, 九月 5, 2023
IAA, Breakthrough Energy, Commercialization, Road, Metal, Mitsubishi Corporation, Intelligence, Movement, Artificial intelligence, Satellite navigation device, Recycling, Messe

MARKLE, Ind., Sept. 5, 2023 /PRNewswire/ -- Sortera Technologies, Inc., an innovative material sorting company with an upcycling platform powered by artificial intelligence, data analytics, and advanced sensors, will be at IAA Mobility 2023 at the Messe München exhibition center in downtown Munich.

Key Points: 
  • MARKLE, Ind., Sept. 5, 2023 /PRNewswire/ -- Sortera Technologies, Inc., an innovative material sorting company with an upcycling platform powered by artificial intelligence, data analytics, and advanced sensors, will be at IAA Mobility 2023 at the Messe München exhibition center in downtown Munich.
  • will focus on when vehicles reaches its end-of-life cycle, how can aluminum become part of a truly circular supply chain?
  • For more information on IAA Mobility 2023, please visit .
  • To watch Mr. Siemer's keynote (12:15pm GMT+2), Mr. Pope's panel discussion (12:30pm GMT+2), or Assembly Ventures entire Assembly Summit sessions at IAA 2023, please click here .

Sortera Technologies Closes $30.5 Million in New Funding to Fully Commercialize Its State-of-the-Art Upcycling Facility

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星期三, 八月 30, 2023
Breakthrough Energy, Metal, Mitsubishi Corporation, Planetary health, Aluminium, Overalls, T. Rowe Price, Research, Recycling, Movement, Running, Series, Artificial intelligence, Growth, Copper, Renewable energy

MARKLE, Ind., Aug. 30, 2023 /PRNewswire/ -- Sortera Technologies, Inc., an innovative material sorting company with a recycling platform powered by artificial intelligence, data analytics, and advanced sensors, today announced the close of a $30.5 million Series C funding round led by RA Capital Management-Planetary Health with participation from certain funds and accounts advised by T. Rowe Price Associates, Inc., the Mineral Resources Group, which is a part of Mitsubishi Corporation's Business Incubation Unit, and Macquarie GIG Energy Transition Solutions ("MGETS"). Additional existing investors include Assembly Ventures, Breakthrough Energy Ventures, and Chrysalix. This funding will fuel Sortera's growth as a major player in the domestic upcycling space. Additionally, it will help to affirm the company's commitment to solutions that create new upcycling streams, enable a circular economy, and contribute to a more sustainable future.

Key Points: 
  • This funding will fuel Sortera's growth as a major player in the domestic upcycling space.
  • Sortera's first full-scale facility, located in Markle, Indiana, is currently being commissioned to sort up to 220 million pounds of mixed metals per year.
  • Sortera is committed to leading the charge in revolutionizing the recycling industry and creating a more sustainable future for all.
  • Recently, the Company changed its name from Sortera Alloys to Sortera Technologies to reflect its intentions to work with upcyclable materials beyond just metal alloys.

Prelude Ventures Welcomes Matt Eggers as Managing Director

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星期三, 八月 23, 2023
Molecular biology, Duke University, Breakthrough Energy, Life, Marketing, Stanford University, Global Environment Facility, GHG, MBA, Dependent and independent variables, Genentech, Civilization, Development, Climate change, Partner, Duke University Center for Child and Family Policy, Investment, SAN, Bloom Energy, Tesla, Renewable energy, Sunrun, Prelude

SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Prelude Ventures, a venture capital firm which invests in and supports early-stage startups with the greatest potential to mitigate climate change, today announced that Matt Eggers has joined the firm as a Managing Director. With extensive experience working with early-stage companies, Eggers will focus on growing the firm's investment portfolio and building companies that will mitigate climate impact.

Key Points: 
  • SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Prelude Ventures, a venture capital firm which invests in and supports early-stage startups with the greatest potential to mitigate climate change, today announced that Matt Eggers has joined the firm as a Managing Director.
  • Prior to joining Prelude Ventures, Mr. Eggers was a Partner at Breakthrough Energy Ventures where he led investments in early stage climatetech companies.
  • I am excited to join Prelude, with its decades-long history of building amazing climatetech companies and its dynamic and strong team," said Mr. Eggers.
  • "We are thrilled to welcome Matt to Prelude," said Gabriel Kra, co-founder and managing director at Prelude Ventures.

Rondo Energy Secures $60 Million from Global Giants and Leading Climate Investors to Speed Industrial Decarbonization

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星期三, 八月 16, 2023
Partnership, Breakthrough Energy, EIP, Investment, Carbon footprint, SDCL Energy Efficiency Income Trust, Electricity, Corporate Technology Directory, Microsoft, Energy, Innovation, Research, Temperature, Carbon, DOE, SCG, Titan, Rancho Bernardo High School, Wind, SABIC, Climate change, SDCL, Growth, Heat, SIAB, Siam Cement Group, Sustainable development, Safety, Mining, Renewable energy, Electric battery, Rondo, TITAN

ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. 

Key Points: 
  • ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market.
  • The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial leaders including Microsoft's Climate Innovation Fund, Rio Tinto, SABIC, Aramco Ventures, and climate investors SDCL Energy Efficiency Income Trust (SEEIT) and John Doerr.
  • "To tackle our climate challenge, we need tools to build big, low-cost, clean energy infrastructure fast.
  • U.S. Secretary of Energy Jennifer Granholm outlined DOE's vision to cut 85% of industrial heat in its Industrial Heat Shot Initiative .

Rondo Energy Secures $60 Million from Global Giants and Leading Climate Investors to Speed Industrial Decarbonization

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星期三, 八月 16, 2023
Partnership, Breakthrough Energy, EIP, Investment, Carbon footprint, SDCL Energy Efficiency Income Trust, Electricity, Corporate Technology Directory, Microsoft, Energy, Innovation, Research, Temperature, Carbon, DOE, SCG, Titan, Rancho Bernardo High School, Wind, SABIC, Climate change, SDCL, Growth, Heat, SIAB, Siam Cement Group, Sustainable development, Safety, Mining, Renewable energy, Electric battery, Rondo, TITAN

ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. 

Key Points: 
  • ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market.
  • The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial leaders including Microsoft's Climate Innovation Fund, Rio Tinto, SABIC, Aramco Ventures, and climate investors SDCL Energy Efficiency Income Trust (SEEIT) and John Doerr.
  • "To tackle our climate challenge, we need tools to build big, low-cost, clean energy infrastructure fast.
  • U.S. Secretary of Energy Jennifer Granholm outlined DOE's vision to cut 85% of industrial heat in its Industrial Heat Shot Initiative .

CNRC TO ACQUIRE INTEREST IN COPPER MINING COMPANY

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星期一, 八月 14, 2023
Executive, Breakthrough Energy, CNRC, Life, Metal, T. Rowe Price, Regional Power (Canadian company), Sale, Vale Canada, Silicon, KCC, Copper, Mining, BOND, OTC, Kobold, Artificial intelligence, S&P Global Commodity Insights, AI, Kingdom, Cobalt, Lithium, HNRC

CHARLESTON, W.Va., Aug. 14, 2023 /PRNewswire/ -- Houston Natural Resources Corp (OTC: HNRC) ("HNRC or the Company"), now known as Cunningham Natural Resources Corp ("CNRC"), announced today that it is acquiring a 10% interest in Kharrouba Copper Company, Inc ("KCC" or "Company") with the potential to increase its position over time.

Key Points: 
  • CHARLESTON, W.Va., Aug. 14, 2023 /PRNewswire/ -- Houston Natural Resources Corp (OTC: HNRC) ("HNRC or the Company"), now known as Cunningham Natural Resources Corp ("CNRC"), announced today that it is acquiring a 10% interest in Kharrouba Copper Company, Inc ("KCC" or "Company") with the potential to increase its position over time.
  • KCC is a Canadian Company, with growing copper mining and processing operations in the Kingdom of Morocco.
  • KCC is led by Scott M. Hand, the Executive Chairman of the Company, with over 49 years of experience in the mining industry.
  • A Bill Gates backed mining company is Silicon Valley's newest unicorn, with a recent investment of US$200 million, to dig for copper and lithium using AI.

Equilibrium Energy Launches as Climate Generation Power Company

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星期二, 八月 1, 2023
Environment, Technology, Other Energy, Utilities, Software, Sustainability, Alternative Energy, Green Technology, Energy, Batteries, Climate, Partnership, Breakthrough Energy, Policy, Electricity, Carbon, Wind, BEV, Digital technology, Climate change, Weather, PPA, Renewable energy, Electric battery, Equilibrium

Equilibrium Energy, a next-generation clean power company, today officially emerged from stealth backed with $33M in venture funding from top tier institutional investors including Breakthrough Energy Ventures, Global Founders Capital, NJP Ventures, and a prominent university endowment.

Key Points: 
  • Equilibrium Energy, a next-generation clean power company, today officially emerged from stealth backed with $33M in venture funding from top tier institutional investors including Breakthrough Energy Ventures, Global Founders Capital, NJP Ventures, and a prominent university endowment.
  • Founded in 2021, Equilibrium is combining its deep energy expertise and cutting-edge technology to build a Climate Generation power company, one that aims to accelerate society’s transition to clean energy.
  • Equilibrium is confronting these existential challenges by building a Climate Generation power company, one dedicated to the fight against climate change and tailor made to navigate the complexities ahead.
  • To do so, Equilibrium is leveraging its unique combination of deep energy expertise, AI-centric technology, power grid fundamentals, and an innovation-obsessed culture.