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Search resuls for: "Climentum Capital"


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Take a peek inside the 19-slide redacted pitch deck it used to raise the fresh funds. A Barcelona-based startup hoping to make hydrogen power cheaper, more efficient, and durable, just nabbed 6 million euros (around $6.4 million) in Series A funding. Jolt, founded in 2022 as a spin-out of the Catalan Institute of Chemical Research, makes electrodes for electrolyzers and hydrogen fuel cells. Electrodes are the "heart" of hydrogen, Jolt cofounder and CEO Leon Rizzi told Insider, but they are "genuinely not fit for purpose." Jolt makes an alternative coating, which requires 80 degree-heat for up to 60 seconds and can be done in an oven or via an infrared lamp.
Persons: Leon Rizzi, we've, Rizzi, it's, Jolt Organizations: Catalan Institute of Chemical Research, McKinsey, Climentum Capital, Ship2B Ventures, Partners, NET, Rizzi Locations: Barcelona, headcount
Insect protein could displace 20% of the UK's annual soy imports for animal feed by 2050. We got an exclusive look at the 15-slide deck Entocycle used to raise the Series A round. A Y Combinator-backed startup that has developed insect farming technology to help scale the nascent sector has just nabbed $5 million from European climate tech fund Climentum Capital. Insect protein has long been tipped as a way to alleviate pressure on the food system amid a growing population that is also grappling with climate change. Global insect protein startups raised just $146 million in venture capital in 2022, compared with $200 million the year prior, according to PitchBook.
Climate tech was a clear green shoot in a tumultuous 2022 but there will be a delayed correction. But there has been one green shoot: Climate tech. "We've just gotten started when it comes to climate tech," Emitwise's Cozzi said. Many climate tech companies have raised at high valuations, said Magda Lukaszewicz, principal at Balderton Capital. Energy and infrastructure companies are tipped as winners, while pure software plays may see some consolidation, climate tech investors and founders said.
A startup cofounded by former execs from vertical farming unicorn Infarm has raised $10 million. Hamburg-based One Point Five is designing "litter-proof" materials for sauce and shampoo sachets. We got an exclusive look at the 10-slide pitch deck it used to raise the cash. A startup designing and developing "litter-proof" material to replace single-use packaging has raised 10.5 million euros (around $1.1 million). While designed to be recyclable, One Point Five's materials will also be "litter-proof," Weber said.
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