Current Offers – 12 December 2023

Grid scale thermal vitality storage, AI pushed water loss administration, and edible protein derived from fermented biomass – Current offers value : 

Agriculture & Meals 

Farmless (2021) is a developer of a biomass fermentation platform utilizing carbon dioxide and hydrogen to create edible protein. 

Farmless raised $5.1M in Seed funding on December 5th through undisclosed traders.  

The funding will likely be put in the direction of constructing a pilot brewery in Amsterdam, the place Farmless can start growing its first merchandise to switch meat, dairy and eggs.  

Vitality & Energy  

Hyme (2021) is a supplier of grid-scale thermal vitality storage based mostly on molten hydroxide salts, storing as much as 700 °C.  

On November 30th, Eliq efficiently raised $8.6M in Sequence A funding. Heartland Advisors, Nordic Makers, and Northeast Ventures Company participated on this spherical.  

This funding will used to proceed setting up its pilot plant in addition to sustaining the tempo of its know-how and product growth whereas preparing for full market entry.  

Supplies & Chemical substances 

PragmatIC (2010) is a developer of ultra-low-cost versatile built-in circuits, enabling the potential for trillions of sensible objects.  

PragmatIC secured $203M in Progress Fairness funding on December 7th.  

This funding will speed up PragmatIC’s growth plans within the UK, together with constructing their third and fourth fabrication strains on the PragmatIC Park facility in Durham. A restricted second shut for key traders can also be within the works, of which an extra funding of £20M is already allotted.  

Sources & Atmosphere 

Carbon Maps (2020) is a supplier of a local weather methods platform monitoring firms’ carbon footprint, biodiversity influence, water use, and animal welfare information.  

On December 5th, Carbon Maps raised $3.2M in Seed funding from Breega, Samaipata Ventures, Again Market and HCVC.  

This spherical follows a earlier one in February of 2023, as the corporate continues its efforts in additional growing its product, rising its crew, and increasing into different EU international locations.  

Transportation & Logistics 

Wakeo (2016) is a supplier of a SaaS platform for provide chain visibility.  

Wakeo raised $19.4M in Progress Fairness funding on December fifth to assist worldwide growth and the execution of its product roadmap. The funding spherical, led by Statkraft Ventures with participation from Promus Ventures, 360 Capital, 50 Companions, and Techstars, will proceed its efforts to facilitate multimodal intercontinental transport flows by leveraging predictive analytics.    

Enabling Applied sciences 

HULO.ai (2021) is a developer of AI algorithm-driven options to deal with water loss and administration. 

HULO.ai’s Seed funding spherical on November 30th raised $800K through Lumo Labs and the Dutch Ministry of International Affairs.  

The spinoff from Westus Analysis Institute will put the funding in the direction of increasing into new markets, concentrating on vital areas with water shortage points.