Funding · 30 Jul · EUR 1.0M
Granarium Technologies has raised one million euros in seed funding to commercialize its supercapacitor technology made from renewable materials.
Funding · 28 Jul · EUR 3.6M
Reduciner has raised 3.6 million euros in funding to build a research center and pilot plant for its technology that converts captured carbon dioxide into fuel.
Launch · 28 Jul · —
Sunly plans to build the largest data center in the Baltics in Risti, with an initial capacity of 180 megawatts, potentially increasing to 400 megawatts.
Funding · 23 Jul · EUR 5.3M
Norwegian climate tech startup EQON has raised a $6 million seed round led by Azolla Ventures and co-led by Wilstar Innovate.
Exit · 22 Jul · —
Safegrid, a Finnish technology company, was sold to G&W Electric, an American company, for millions of euros.
Launch · 22 Jul · —
Monil is targeting the American market with its virtual fencing technology for monitoring cows.
Launch · 22 Jul · —
Corpower Ocean has received the world's first official certification for its wave power plant, marking a significant milestone for the company and the wave power industry.
Funding · 21 Jul · EUR 5.0M
ORiS has secured €5M in funding to advance its laser-based wireless power transmission technology.
Launch · 20 Jul · —
Terra Labs has signed agreements with Sweden's three largest forestry owner associations and is aiming for global expansion.
Launch · 17 Jul · —
Steady Energy is launching a project to develop a small nuclear power plant in Jyväskylä, Finland, with a partnership to explore its suitability for district heating.
Hire · 17 Jul · —
Algiecel has appointed Mette Ingeman Pedersen as chief financial officer, strengthening its leadership team.
Funding · 15 Jul · EUR 1.5M
Donut Lab Development OÜ received nearly 1.5 million euros in grants from the Estonian government for drone development projects.
Launch · 15 Jul · —
Ekoda launches battery storage systems built from surplus batteries sourced from Mercedes-Benz.
Launch · 12 Jul · —
Monil launches grazing collars that function as virtual fences and smartwatches for cows, targeting the American market.
Launch · 10 Jul · —
SIEMAS has developed a software system that uses industrial freezers as a flexible energy storage solution, shifting energy consumption to times when electricity is cheaper and produced with a lower carbon footprint.
Funding · 02 Jul · EUR 4.0M
Oktogrid has raised an investment of approximately 30 million Danish kroner to expand into Southern Europe, the UK, Ireland, and North America.
Launch · 01 Jul · EUR 8.0M
Merus Power will deliver an energy storage system worth over €8 million to Exilion at the Varevaara wind farm in Tervola.
Funding · 01 Jul · EUR 2.5M
Swedish startup Digiclean secures €2.5 million seed for manufacturing process optimisation
Launch · 26 Jun · —
Perfat Technologies unveiled a high-fibre oleogel made from sunflower oil as a solid-fat alternative for food manufacturers.
Funding · 24 Jun · EUR 1.4B
Stegra closed a €1.4 billion financing round led by a Wallenberg Investments consortium, with broad support from existing shareholders and lenders, to complete its Boden plant.
Launch · 01 Jun · —
Energy Balancing began providing balancing services using its own virtual power plant, allowing it to purchase electricity from producers and trade it on the exchange while participating in balancing markets.
Funding · 08 May · EUR 15.0M
Copenhagen’s Reel raises €15 million to make renewable energy predictable for businesses and profitable for producers.
Hire · 07 May · —
Stella Energy appoints Peter Bardenfleth-Hansen as the new CEO to lead the company into its next growth phase.
Funding · 07 May · EUR 3.0M
Skogsdrönare from Uppsala has raised 33 million SEK in funding.
Funding · 04 May · EUR 3.6M
Finland’s TheStorage raises €3.6 million seed to commercialise sand-based energy storage.
Funding · 04 Mar · EUR 15.0M
Photoncycle raised EUR 15.0M in Series A.
Funding · 26 Feb · EUR 18.0M
Reykjavik Geothermal raised EUR 18.0M in Series B, led by Innviðir fjárfestingar II.
Funding · 20 Feb · EUR 4.0M
REDUCED raised EUR 4.0M in Series A, led by Delphinus Venture Capital.
Funding · 18 Dec · EUR 6.8M
Cordulus raised EUR 6.8M in Series A, led by Delphinus Venture Capital.
Funding · 11 Dec · EUR 8.0M
Spoor raised EUR 8.0M in Series A, led by SET Ventures.
Exit · 12 Nov · —
Einride, merger by Legato Merger Corp III.
Funding · 01 Oct · EUR 90.0M
Einride raised EUR 90.0M in Series D, led by Northzone.
Funding · 24 Sep · EUR 2.3M
Cetasol raised EUR 2.3M in seed.
Funding · 10 Sep · EUR 2.5M
Perfat Technologies raised EUR 2.5M in Series A.
Launch · 12 Aug · —
Ambient Carbon announced the first large-scale dairy-barn field validation of its MEPS methane-eradication system after tests destroyed up to 90% of inlet-air methane.
Funding · 11 Aug · EUR 150.0M
Aira raised EUR 150.0M in Series C.
Funding · 12 Jun · EUR 2.5M
Engrate raised EUR 2.5M in seed, led by Maniv.
Funding · 03 Jun · EUR 54.0M
Aerones raised EUR 54.0M in Series B.
Funding · 16 Oct · EUR 63.0M
Aira added EUR 63M to its Series B from existing investors Temasek, Statkraft Ventures, Kinnevik and Altor.
Funding · 18 Sep · EUR 106.0M
The Swedish Energy Agency granted Stegra SEK 1.2 billion in state aid through the Industrial Leap programme to build its integrated low-carbon steel plant; the aid had European Commission approval.
Funding · 17 Sep · —
Ambient Carbon raised an undisclosed seed investment from Exascale Fund.
Funding · 12 Jun · EUR 200.0M
Aira secured a EUR 200M debt-financing facility from BNP Paribas to finance heat-pump installations in Germany.
Funding · 29 Apr · EUR 2.0M
Cetasol closed a EUR 2M seed round from Sarsia, ShipsFocus and Impact X Capital to expand its maritime energy-efficiency software and double R&D.
Funding · 05 Apr · EUR 5.0M
Photoncycle closed a EUR 5M seed round led by Lifeline Ventures to develop seasonal residential energy storage.
Funding · 04 Apr · EUR 6.0M
REDUCED secured EUR 6M in financing led by Novo Holdings to scale its natural food-ingredients business.
Funding · 23 Feb · EUR 2.0M
Thermal-energy-storage spinout Cartesian raised NOK 23 million in a funding round and separately received NOK 8 million in R&D funds from the Research Council of Norway and Innovation Norway.
Funding · 22 Jan · EUR 250.0M
H2 Green Steel announced a €250 million EU Innovation Fund grant for its large-scale green-steel plant as part of its January 2024 financing package.
Funding · 16 Jan · EUR 145.0M
Aira raised an upsized EUR 145M Series B co-led by Altor, Kinnevik and Temasek to accelerate residential-heating electrification in Europe.
Funding · 08 Jan · EUR 4.4M
Aerones secured a EUR 4.416M grant from the EU Innovation Fund to produce and deploy wind-turbine blade repair robots.
Funding · 18 Oct · EUR 86.5M
Aira raised SEK 1B in equity funding from climate- and innovation-focused investors including Altor, Collaborative Fund, Creades, Kinnevik, and Lingotto.
Funding · 07 Sep · EUR 1.5B
H2 Green Steel raised about €1.5 billion in a private equity placement co-led by Altor, GIC, Hy24, and Just Climate to finance its Boden green-steel plant.
Funding · 19 Jul · —
Big Idea Ventures announced an early-stage investment of undisclosed size in Perfat Technologies through its New Protein Fund II.
Funding · 27 Dec · EUR 36.6M
Aerones raised USD 38.9M in growth funding co-led by Lightrock and Haniel to scale robotic wind-turbine maintenance.
Funding · 12 Dec · EUR 3.0M
OKTO GRID (now Oktogrid) raised a EUR 3 million seed round led by ABB with participation from Rockstart, EMD Fonden and Elewit to accelerate the digitisation of grid transformer assets. This predates the company's July 2026 growth round already on record.
Funding · 19 Oct · EUR 70.0M
H2 Green Steel added €70 million at the final close of its Series B from investors including Hitachi Energy, Kobe Steel, and Kinnevik, taking the full Series B to €260 million.
Funding · 29 Aug · EUR 190.0M
H2 Green Steel secured €190 million in the first close of its Series B equity financing, co-led by AMF, GIC, Schaeffler, and Altor Fund V.
Funding · 09 Jun · EUR 2.9M
REDUCED raised EUR 2.9M in a seed round co-led by Vækstfonden and VÅR Ventures to scale ingredients made from food-industry side streams.
Funding · 23 May · EUR 86.2M
H2 Green Steel, now Stegra, closed a $105 million Series A equity round backed by strategic industrial partners and long-term investors to accelerate its green-steel plans.
Funding · 16 Jun · EUR 1.4M
Aerones raised USD 1.6M while pivoting its robotic technology toward wind-turbine maintenance.
Hire · 23 Apr · —
Mari Koivisto has been appointed as the new CEO of Metsän Woima, aiming to ensure future growth.