Sustainability

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The Wallenberg family rescues Europe’s flagship green steel project with a €1.4 billion financing round

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Stegra,  formerly H2 Green Steel,  has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant had slowed during months of fundraising. The Wallenbergs will become the company’s largest shareholder. Stegra, the Swedish green steel company formerly known as H2 Green Steel, has agreed […]

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Maeconomy raises €1.5M to give building materials a digital identity

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The Dutch startup is tackling one of construction’s most stubborn problems: the fact that most building materials lack traceability, making them impossible to reuse when a structure is demolished or renovated. Maeconomy, a Dutch startup, has raised €1.5 million to build a platform that turns building materials into auditable, monetisable circular assets. The Netherlands has […]

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Austrian food-waste startup Afreshed acquires German rival Etepetete in DACH consolidation play

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German consumers throw away 4.4 million tonnes of food every year, worth roughly €6 billion. Austrian startup Afreshed just bet that the solution is consolidation, not competition, acquiring Munich-based rival Etepetete and raising a mid-seven-figure sum to take its organic rescue-box model across the border. The deal, announced on Monday, unites the two largest “ugly […]

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Enkei raises a pre-seed round to scale a material made from construction waste that replaces marble and concrete

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ReCeramix™, made from over 90% recovered ceramic and construction waste, is already in use at Stockholm boutique hotel Ett Hem, members’ club Angel House, and Fotografiska. The round was valued at €3M; the raise amount was not disclosed. Stockholm startup Enkei has closed a pre-seed round at a €3 million valuation to commercialise ReCeramix™, its […]

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tozero launches Europe’s first industrial battery recycling plant

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The Munich startup’s demo plant at Chemical Park Gendorf in Bavaria processes 1,500 tonnes of battery waste a year and produces 100 tonnes of high-purity lithium carbonate, at costs the company says are twice as competitive as conventional miners. A full-scale facility capable of 45,000 tonnes per year is planned for 2030. Europe has a […]

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Epoch Biodesign closes $12M to prove its nylon recycling enzymes can work at scale

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The London startup uses AI-engineered enzymes to break nylon 6,6 waste, from leggings to airbags to carpets, back into the monomers it was made from, recovering more than 90% and removing the need for virgin petroleum feedstock. Total funding now exceeds $50M. Nylon 6,6 is one of the most useful materials humanity has ever made. […]

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Halter raises $220M at $2 billion valuation as virtual fencing for cattle goes global

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A cow wearing a GPS collar doesn’t sound like a $2 billion idea. But for the ranchers who have strung virtual fences across 60,000 miles of American pastureland in under two years, it apparently is. Halter, the New Zealand-born agtech company, announced on Monday that it has raised $220 million in Series E funding at […]

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Zevero raises $7M as sustainability reporting shifts from annual obligation to continuous data infrastructure

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The London-based carbon management platform, which has doubled its customer base and grown ARR 400% year-on-year, now has $14M in total funding and is pushing into Asia-Pacific and continental Europe,  backed by Spiral Capital, Gazelle Capital, and Deep 30. For most companies, carbon reporting has been an annual exercise: gather data, produce a number, file […]

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eternal.ag raises €8M to put autonomous harvesting robots into greenhouses

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The Cologne startup’s simulation-first approach trains robots in virtual greenhouses before deploying them in real ones, aiming to crack a deployment problem that has frustrated the industry for years. The market for greenhouse automation has accumulated a graveyard of credible-sounding startups. The engineering problem is genuinely hard: harvesting tomatoes or cucumbers requires handling irregular, delicate, […]

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Homaio raises €3.6M to bring carbon allowance investing to retail

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The Paris startup opened the EU’s emissions trading market to private investors in 2024. Now it has the backing to expand into energy, electrification, and other markets shaping the industrial transition. Valentin Lautier says he got the idea for Homaio on the Eurostar. He was reading a Financial Times article about European Union Allowances, the […]

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