Enkei secures pre-seed funding to develop circular design materials

Stockholm-based Enkei, a company developing circularmaterials for architecture and interior design, has closed a pre-seed fundinground at a €3 million valuation. The round includes investors such as a…

TerraSpark advances space-based solar power with €5M funding

TerraSpark, a developer of space-based solar energysystems, has raised over €5 million in a pre-seed financing round. Investorsinclude Daphni, better ventures, the Hans(wo)men Group, and a group ofstr…

Epoch Biodesign raises $12M to bring recycled nylon to scale

Epoch Biodesign, a London-based company developingenzymatic recycling technology, has closed a $12 million strategic fundinground with participation from lululemon, KOMPAS VC, Happiness Capital,Extant…

Homaio lands €3.6M to extend access to energy transition assets

Paris-based Homaio has raised €3.6 million in a fundinground led by RAISE Ventures, with participation from Groupe Eren, businessangels, and existing investors XAnge and Redstone, bringing its total f…

Elea & Lili raises €2.5M to scale fossil-free absorbent materials

Elea & Lili, a deeptech startup spun out of VTT Technical Research Centre ofFinland, has raised €2.5 million in seed funding to industrialise itscellulose-based superabsorbent material, a fossil-f…

Level Nine raises €4M to unlock local feedstocks for chemicals

Berlin-based Level Nine, adeeptech company developing next-generation catalysts for more sustainablechemical production, has raised €4 million in a seed round led by Visionaries Tomorrow, bringing its…

Mantle8 awarded €2.06M EU grant for natural hydrogen platform

Mantle8,a European natural hydrogen exploration company, has received a €2.06 milliongrant from the European Union’s Just Transition Fund to support the developmentof its natural hydrogen exploration …

Swiss CLIMATEX secures €3.5M in round led by Collateral Good

CLIMATEX AG, a Swiss textile technology companyfocused on circular textile technologies and patented solutions, has closed a€3.5 million (CHF 3.2 million) financing round led by the Collateral GoodTex…

Kinnevik slashes valuation of stake in Swedish green startup Stegra

Swedish VC Kinnevik has written down the value of its stake in Swedish green steel startup Stegra by half, citing the higher anticipated costs of a plant it’s building as it looks to become a major pl…

The tech gender gap in the UK will not be equal until 2060

The UK loves to congratulate itself on innovation. We have world-class universities, globally admired research and a spinout ecosystem that, compared to many other countries, does a respectable job of…