๐ŸŒณ Last Week in Climate #134 - "Drill, baby, drill": Trump is Back

Your weekly climate(-tech) digest + a note on Trump's return.

Hey there, happy Tuesday!

๐Ÿ“ฉ Here is your weekly digest of everything that happened in Climate last week.

๐Ÿ˜ I wanted to address the elephant in the room and left a little note about Trumpโ€™s comeback in todayโ€™s newsletter.

We cover last weekโ€™s:

๐Ÿ’š Community updates,
๐Ÿ‡ช๐Ÿ‡บ 15 closed rounds,
๐Ÿš€ Deal of the week,
๐Ÿ—“ Events & meetups,
๐Ÿ“ฐ News, and
๐Ÿ’ผ Climate jobs.

Community Updates

๐Ÿ’› You can now request to join our new community space. Hereโ€™s the link to join.

๐Ÿ‘‹ 200 professionals joined inClimate last week. You can filter and connect with all 15,540 members via the members directory and via the new community space.

โ˜•๏ธ Tomorrow at 13:30 I host the 19th edition of Climate Coffee Break. If you want to casually connect with climate professionals from across the globe - feel free to join a coffee break here.

๐Ÿ—“๏ธ Weโ€™re finally putting together an event hosting guide to let you all host climate meetups and events that we promote for you (for free) - weโ€™ll share it in next weekโ€™s newsletter.

Drill, baby, drill: Trump is Back

I know, I know, last week was a frustrating one for all of us with Trump taking over, dropping out of the Paris agreement (again), and announcing his plans for oil and gas.

What I donโ€™t know is how exactly this will affect the climate-tech ecosystem.

For me personally, this is pure motivation to double down on our mission - to make climate action accessible to anyoneโ€ฆ through the inClimate community, through our job platform, and through insights such as this newsletter and our deep dives.

Every crisis is an opportunity, soโ€ฆ

Letโ€™s focus on the incredible climate solutions that are being built around the world; and letโ€™s figure out how we can best support, build, and scale them together, no matter the political environment we find ourselves in. ๐ŸŒณ

Closed Rounds

The Green Flexibility team takes the crown for the largest funding round last week.

๐Ÿ‡ฉ๐Ÿ‡ช Green Flexibility - โ‚ฌ400M Private Equity

๐Ÿ“ Kempten, Germany

โšก๏ธ Manufacturer of extensive battery storage systems.

Investors: Partners Group

๐Ÿ‡ซ๐Ÿ‡ฎ Hycamite TCD Technologies - โ‚ฌ44M Series A

๐Ÿ“ Kokkola, Finland

โšก๏ธ Decarbonizing industry via low-carbon hydrogen & high-quality carbon products.

Investors: Holdix Oy Ab, MOL PLUS, OMV Petrom, Sojitz, Stephen Industries, Turret Oy

๐Ÿ‡ช๐Ÿ‡ธ H2SITE - โ‚ฌ36M Series B

๐Ÿ“ Derio, Spain

โšก๏ธ On-site high-quality hydrogen production.

Investors: Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten Venture Capital Fund, Hy24, MassMutual Ventures, Suma Capital

๐Ÿ‡ฉ๐Ÿ‡ช Formo - โ‚ฌ35M Debt Financing

๐Ÿ“ Berlin, Germany

๐Ÿด Dairy alternatives.

Investors: European Investment Bank

๐Ÿ‡ฌ๐Ÿ‡ง BeZero Carbon - $32M Series C

๐Ÿ“ London, United Kingdom

๐Ÿ’ธ Global carbon ratings agency.

Investors: EDF Pulse Ventures, GenZero, Hitachi Ventures, Illuminate Financial, Intercontinental Exchange, Japan Airlines Innovation Fund, Molten Ventures

๐Ÿ‡ซ๐Ÿ‡ท Shippeo - โ‚ฌ29M Venture

๐Ÿ“ Paris, France

๐Ÿš— Real-time transportation visibility.

Investors: Battery Ventures, Bpifrance Digital Venture, LFX Venture Partners, NGP Capital, Partech, Shift4Good, Woven Capital, Yamaha Motor Ventures

๐Ÿ‡ฌ๐Ÿ‡ง NatureMetrics - $25M Series B

๐Ÿ“ Egham, United Kingdom

DNA-based biodiversity monitoring company.

Investors: Just Climate, EDF Pulse Ventures, Monaco ReOcean Fund, 2150, BNP Paribas, Ananda Impact Ventures, SWEN Blue Ocean

๐Ÿ‡ฉ๐Ÿ‡ช ecoplanet - โ‚ฌ16M Series A

๐Ÿ“ Munich, Germany

โšก๏ธ Energy management for industrial companies.

Investors: EQT Ventures, HV Capital

๐Ÿ‡ฌ๐Ÿ‡ง Origen - $13M Series A

๐Ÿ“ Long Ashton, United Kingdom

๐Ÿ’จ Limestone-based direct air capture.

Investors: Barclays, Elemental Impact, Exascale Fund, Hatch, Shell Ventures

๐Ÿ‡จ๐Ÿ‡ญ Metafuels - $9M Venture

๐Ÿ“ Zรผrich, Switzerland

๐Ÿš— Sustainable aviation fuel.

Investors: Celsius Industries, RockCreek, Fortescue Ventures, Verve Ventures, Energy Impact Partners, Contrarian Ventures

๐Ÿ‡ฌ๐Ÿ‡ง Beams - $9M Series A

๐Ÿ“ London, United Kingdom

๐Ÿ  Home renovation marketplace

Investors: Borusan Ventures, ETF Partners, Firstminute Capital, Giant Ventures

๐Ÿ‡ฉ๐Ÿ‡ฐ Donkey Republic - $8.4M Post-IPO Debt

๐Ÿ“ Copenhagen, Denmark

๐Ÿš— Bike and e-bike sharing service.

Investors: Export and Investment Fund, Nefco, Sydbank

๐Ÿ‡ช๐Ÿ‡ช Elcogen - $5M Venture

๐Ÿ“ Tallinn, Estonia

โšก๏ธ Fuel cells.

Investors: SmartCap

๐Ÿ‡ฑ๐Ÿ‡ป Naco Technologies - Venture

๐Ÿ“ Riga, Latvia

โšก๏ธ Nano coating technologies.

Investors: Radix Ventures, Impact Ventures Hungary, The Untitled Ventures

๐Ÿ‡ธ๐Ÿ‡ช Heliospectra - SEK 10M Post-IPO Debt

๐Ÿ“ Vรคstra Gรถtaland, Sweden

๐Ÿ  Intelligent LED lighting systems for plant science and horticulture applications.

Investors: Weland Stรฅl

Deal of the Week

 ๐Ÿ‡บ๐Ÿ‡ธ Bryan at Contract Power is raising an Angel round:

โ€œContractPower is a document intelligence platform revolutionizing contract management for the renewable energy sector. Our platform leverages advanced AI technologies, including Retrieval-Augmented Generation (RAG) and Large Language Models (LLMs), to drastically simplify the time-consuming and error-prone process of reviewing and managing complex contracts..โ€

Know someone who Bryan should talk to?

๐Ÿ‘‹ Important: If you read this on Gmail you might not see the full email. Iโ€™d recommend reading it online.

Upcoming Events

๐Ÿ‡บ๐Ÿ‡ธ International Conference on Environmental, Cultural, Economic & Social Sustainability (Jan 23)
๐Ÿ‡บ๐Ÿ‡ธ Cleantech Forum North America (Jan 27)
๐Ÿ‡ธ๐Ÿ‡ฆ World ESG Summit (Feb 10)
๐Ÿ‡บ๐Ÿ‡ธ Greenbiz25 (Feb 10)
๐Ÿ‡จ๐Ÿ‡ฆ Globe x Change (Feb 11)
๐Ÿ‡ฎ๐Ÿ‡น Resumed UN Biodiversity Conference (Feb 25)
๐Ÿ‡ฌ๐Ÿ‡ง Net Zero & Scope 3 (Mar 5)
๐Ÿ‡จ๐Ÿ‡ญ Verbier Summit (Mar 7)
๐Ÿ‡ฌ๐Ÿ‡ง The Economist Sustainability Week (Mar 10)
๐Ÿ‡ฏ๐Ÿ‡ต World Ocean Summit & Expo (Mar 12)
๐Ÿ‡บ๐Ÿ‡ธ Wall Street Green Summit (Mar 18)
๐Ÿ‡จ๐Ÿ‡ญ Villars Institute Summit (Mar 19)
๐Ÿ‡ซ๐Ÿ‡ท Climate Reality Leadership Training (Mar 28)
๐Ÿ‡ซ๐Ÿ‡ท Climate Chance Europe Africa (Mar 31)
โ€ฆ more on inClimate.com/events

Got any events or conferences planned for 2025 or attending an event that we should all know about?

Just add it via the button below ๐Ÿ‘‡๏ธ 

Climate News

Iโ€™m looking for someone to curate European climate news here weekly - shoot me an email ([email protected]) if you want to put together this section for our 30k readers.

New Climate Jobs

The weekly job recommendations went out yesterday via email.

Below, youโ€™ll find all featured jobs (from companies on our premium access). You can head to the job board to explore all posted opportunities.

Aeco develops and finances peatland restoration projects across Europe. Combining restoration expertise and access to capital, we aim at substantially contributing towards climate change mitigation and ecosystem restoration.

๐Ÿ‡ช๐Ÿ‡บ Biodiversity Project Developer for Peatland Restoration (Germany, Hybrid)
๐ŸŒ Junior Peatland Specialist (Germany, Hybrid)

autarc is building the operating system for heat pump installers. They are part of Y Combinator and are hiring for their office in Berlin-Mitte.

๐Ÿ‡ฉ๐Ÿ‡ช Energieberater:in (zertifizierter EEE)
๐Ÿ‡ฉ๐Ÿ‡ช Sales Manager:in
๐Ÿ‡ฉ๐Ÿ‡ช Senior Fullstack Engineer (React, Supabase)

InPlanet removes CO2 from the atmosphere through Enhanced Rock Weathering in the tropics. This CDR method applies rock powder on agricultural land, thereby fertilizing soils and permanently locking carbon in a way that is scalable, affordable and safe.

๐ŸŒŽ Head of Finance (CFO) (Remote)
๐Ÿ‡ง๐Ÿ‡ท Farmer Community Manager (Sรฃo Paulo, Hybrid)
๐Ÿ‡ง๐Ÿ‡ท ERW Operations Manager (Sรฃo Paulo, On-site)

Final Note

If you enjoy these weekly updates, please take a second to join the platform and the community space as well, so that you can connect with people across the climate ecosystem and share your updates, questions, jobs, or funding news with the community.

Big hug,

PS: Feel free to send feedback, ideas, companies, funding rounds, etc. directly to me: [email protected]

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