Rebellyous, a startup that’s striving to build “a better chicken,” has raised at least $20 million in fresh funding, TechCrunch has learned. Based in Seattle, the venture-backed company calls its production tech the “most advanced plant-based meat manufacturing system on the planet.” Rebellyous aims to raise as much as $30.7 million in total, according to
GreenTech
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Natasha Mascarenhas and Becca Szkutak took to their mics to sing a duet about this week’s startup news. Just kidding! But we did highlight some fun companies raising capital and talked
SunFi, the Nigerian clean tech startup that connects people and businesses who want solar energy access to payment plans that match their needs, has raised $2.325 million in seed funding. The self-described energy financial tech platform received backing from lead investors Nairobi-based Factor[e] and SCM Capital Asset Management and participating investors such as Voltron Capital,
Buy an electric car. Invest in a heat pump. Install an induction stove. They’re all measures that people can take to reduce their daily carbon emissions, and they’re all pretty significant cash outlays. Over the next three decades, as the world lurches toward net zero emissions, expenditures like these will be unavoidable. For many people,
Risilience, a SaaS-based analytics platform that helps companies assess their climate risk and plan their transition toward net-zero carbon emissions, has raised $26 million in a Series B round of funding. Spun out of the University of Cambridge’s Centre for Risk Studies (CCRS) back in 2021, Risilience says it has already amassed a number of high-profile
Battery startup Our Next Energy announced this morning that it closed a massive $300 million Series B in an effort to get its $1.6 billion gigafactory up and running. The new round values the company at $1.2 billion post-money, marking a stunning rise for the two-and-a-half-year-old company, which closed a $25 million Series A in
Countries worldwide have pledged to reduce their energy usage and reach net-zero energy targets by 2050. To get there, they will need to find clever ways to decarbonize especially dirty businesses, including the buildings sector. The push to clean up the built environment has spawned a lot of policy, as well as overlapping acronyms, including
Dutch social enterprise Fairphone, which makes modular and — the claim is — more sustainable and ethical consumer electronics, has nabbed a chunk of funding to continue scaling a circular-economy-aligned smartphone business. The €49 million (~$53 million) “growth capital” investment — from an international consortium of impact investors, led by new shareholders Invest-NL, the ABN
Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over
Brendan Wallace’s ambition is beginning to seem almost limitless. The L.A.-based venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which argues there are massive financial returns at the intersection of real estate and tech, isn’t worried
Here comes the hockey stick. After years of bumbling along, investment in the energy transition appears to be taking off. Businesses, financial institutions, governments and end users around the world sunk $1.11 trillion into low-carbon technologies, according to a new report from BloombergNEF. It was just over 30% more than 2021 and the second year
Smart home energy startup Tado has raised €43 million ($46.9 million) in a round of funding led by Trill Impact Ventures, as the company pursues plans to become profitable in 2023. The raise comes a year after the German company announced plans to go public (“deSPAC”) via a special purpose acquisition company (SPAC), plans that
What is automation good for? Harvesting more broccoli than human laborers can, according to Upp, a Shropshire, U.K.-based agtech startup that’s using computer vision AI plus farm-sized proprietary machinery to expand crop yields. Its pitch is not only that its specialist, AI-driven harvester will make it more efficient to pick a familiar crop but also
The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 2022, calling it “by far the highest level of deployments we have achieved.” That’s up from about 4 GWh in 2021. For context, the average American home
Chances are you used a toilet at some point today, and you didn’t think much of it. But if you used a port-a-potty, you probably did think about it. Maybe a lot. And it probably wasn’t pleasant. “No one likes the port-a-potty,” said Brophy Tyree, co-founder and CEO of Wasted. “It’s embedded into a really
Karthee Madasamy Contributor Karthee Madasamy is the managing partner at MFV Partners, a deep tech-focused venture firm. Like nearly every other sector, deep tech faced significant headwinds in 2022. As interest rates skyrocketed, deep tech deals, which inherently take more capital than other kinds of software businesses, became less attractive to many VCs and their
Welcome back, climate tech readers! Like last week, we’ve got a full slate once more, from food waste to wastewater and more. Let’s dive in. Image Credits: Mill Industries After selling Nest to Google for $3.2 billion, Matt Rogers is no stranger to scaling fast. But unlike last time, Rogers isn’t interested in selling so
Though investment in food technology has slowed in line with the rest of the venture capital world, the industry recently achieved some milestones that suggest the sector and the government are moving into alignment. In fact, some investors feel that 2023 will be the year when alternative seafood companies and products make notable strides. More
In an industry obsessed with making everything huge (at least here in the U.S.), you may not’ve expected GM to show interest in an electric baby pickup, but here we are. GM is considering a pickup design that’s “smaller than the Ford Maverick and the Hyundai Santa Cruz,” with a “low roofline” and a 4
Britishvolt, a battery manufacturer startup, announced Tuesday that it was declaring bankruptcy, dealing a punishing blow to the United Kingdom’s automotive sector. The company had been championed by U.K. leaders, who had hoped it would provide a laundry list of benefits: good paying jobs, advanced manufacturing know-how and homegrown battery packs to support the domestic
The clock is ticking for Uber to electrify its fleet, and the rideshare company wants automakers to help by designing cheaper electric vehicles for its drivers. Lawmakers are setting deadlines for rideshare companies to ditch fossil fuels (California‘s Air Resources Board among them), and Uber has its own electrification deadlines, which range from 2025 to
Understanding the biodiversity of forests is crucial to their conservation or restoration. Collecting “external DNA” left behind by animals is a good way to find out what lives there without having to spot them or even be there at the same time — and this drone from Swiss researchers makes taking samples from tree limbs
PureTerra, a venture firm that aims to fund “disruptive water technologies,” is pumping millions into Membrion so the Seattle startup can mass-produce its wastewater treatment tech. Membrion claims its ceramic membranes can filter out problematic heavy metals (not the genre, but toxic stuff like lead, arsenic and lithium) for around a twelfth of the cost of
The starry-eyed founder story usually goes something like this: Start an earthbound company, make lots of money, launch a rocket company to go to Mars. If that’s the stereotypical narrative, then Chris Graves has it all backward. Graves started with the Red Planet, helping to develop a key instrument for NASA’s Perseverance rover that’s currently
“This is the next 20 years of my life. This is not like, build the company in four or five years and sell to Google. This is a big, long journey.” Matt Rogers, who co-founded Nest with Tony Fadell back in 2010, was talking about his new startup, and he thinks it’ll be big. He’s
Hello, climate tech readers! Even without a milestone fusion announcement this week, plenty happened in the climate tech world that’s worth catching up on. From massive solar investments to plant-based steaks and small, modular batteries to back up your home, there’s something for everyone. Let’s dive in. Image Credits: Elijah Nouvelage/Bloomberg / Getty Images Last
Sealed built a business around predicting energy use and getting homeowners to ditch fossil fuels. So, naturally, the company’s first acquisition is a startup that tracks energy on a granular level. Sealed did not disclose the terms of the deal, but said in a statement that scooping up Burlington, Vermont-based InfiSense would help it “cut
The Inflation Reduction Act has clearly kickstarted investment in U.S. clean energy manufacturing. Last year, automakers and battery manufacturers announced that they’d spend tens of billions of dollars to ramp up EV production in the U.S. Now it’s solar’s turn. Today, Korean solar manufacturer Hanwha Qcells announced that it’ll spend $2.5 billion to build a
I can’t get it out of my head: A honkingly big Caterpillar sign that read, “JOIN US AS WE BUILD A BETTER WORLD.” The digital recruitment billboard at CES 2023 followed promos for an autonomous compactor and excavator, and proceeded another callout: “CHECK OUT OUR BIG AUTONOMOUS TRUCK ⬇.” I did, and boy was it
Gas stoves might be on the chopping block soon. The U.S. Consumer Product Safety Commission is considering banning the appliances in an effort to reduce harmful indoor air pollution, according to a tweet by commissioner Rich Trumka Jr. and comments he gave to Bloomberg. “This is a hidden hazard,” Trumka told the news organization. “Any
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