Funding

A climate tech startup, inspired by shark skin to reduce drag on planes, bags $5.6 million Seed round

- June 15, 2022 2 MIN READ

A manufacturing startup taking inspiration from the streamlined design of shark skin to reduce drag on plans has raised $5.6 million in a Seed round. The raise for MicroTau was led by the Clean Energy Finance Corporation (CEFC), chipping in $2 million, supported by Bill Tai and Amanda Terry of ACTAI Ventures and Bandera Capital. The… Read more »

Novalith, Steven Vassiloudis
Other tech

Lithium extraction startup Novalith raises $2.5 million seed round

- October 26, 2021 2 MIN READ

Novalith Technologies, a climate technology startup that’s developed a more environmentally friendly extraction process for lithium, has raised $2.5 million in a seed round. The raise was led by the CEFC’s Clean Energy Innovation Fund, which contributed $1.5 million. The US-based Jeremy and Hannelore Grantham Environmental Trust’s Neglected Climate Opportunities LLC also joined the round. Novalith… Read more »

Jan Pacas
Other tech

Clean Energy Finance Corp chips $5 million into $16m seed raise for a new alt-meat contender

- September 6, 2021 2 MIN READ

A new, Sydney-based alternative proteins startup has joined the race for fake meat market share in Australia, raising $16 million in a seed round. Leading the investment in All G Foods was the federal government’s Clean Energy Finance Corporation (CEFC), which chipped in $5 million through its Clean Energy Innovation Fund alongside several prominent angel investors. The… Read more »