Category: Climate-tech

• 44.01 secures $37M investment in Series A funding for mineralisation technology to eliminate CO2 safely and at scale
• Funding to refine technology, develop commercial-scale projects, and expand deployment internationally
• Technology converts CO2 into rock for permanent removal in less than twelve months
• Investors include Equinor Ventures, Shorooq Partners, Amazon’s Climate Pledge Fund, and others
• Company believes in mineralisation’s role in climate protection and repair, with a focus on global scalability

Climate Tech Company 44.01 Secures $37M Investment in Series A Funding

In the realm of climate technology, the key to combating climate change lies in innovative solutions that can effectively capture and eliminate CO2 emissions. Read more

• Spain’s Seaya closes €300M climate-tech fund, Seaya Andromeda, under EU’s Sustainable Finance Disclosures Regulation Act
• Fund focuses on energy transition, decarbonization, sustainable food value chains, and circular economy
• Plans to make 25 investments by 2027, with €7M-€40M as first check and follow-on capital retention
• Seaya’s expertise in climate tech investments includes engineers and access to knowledge from European Union banks
• Previous investments include companies like Biome Makers, Clarity.ai,

• Climate Tech leads African startup funding in 2024 with $325 million, representing 45% of total investments
• Climate technology encompasses renewable energy sources, energy efficiency measures, and more to address climate change
• Fintech sector experiences a significant drop in investments, with only 22% of funding raised in Africa so far in 2024
• Logistics & Transport sector attracts the most funding in 2024 with 29%, followed by Energy & Water with 18%
• Climate Tech funding in Africa has seen consistent growth over the past five years, reaching an all-time high of $325 million in 2024

Climate Tech Leads African Startup Funding in 2024

In the dynamic landscape of African startup funding, Climate Tech has emerged as a frontrunner in attracting investments, with a staggering $325 million raised in 2024. Read more

• World Fund, a European climate tech investor, has closed its first fund at €300 million to back climate tech start-ups.
• The fund has received investments from various sources including the European Investment Fund, KfW Capital, BPI France, and PwC Germany.
• World Fund will focus on investing in companies that can significantly reduce carbon emissions across various sectors.
• The fund will target start-ups at seed and Series A stages, with provisions for follow-on investments and addressing the “Series B valley of death.”

• Funding disparity exists in India’s climate-tech industry, with high-emitting sectors receiving disproportionately low investments.
• Mobility and transport sector attracts 29% of total investments despite contributing only 9-10% to GHG emissions.
• Energy sector, the largest emitter, secures 74% of climate-tech investments, leaving other emissions-intensive sectors underfunded.
• Building and urban planning sector, responsible for 4% of emissions, receives only 0.82% of climate-tech investments, but this is increasing.