Charm Industrial, a San Francisco-based carbon removal technology startup, scored $100 million in Series B funding. General Catalyst led the round, which included participation from Lowercarbon Capital and others. Hemant Taneja, General Catalyst’s chief executive and managing director, will join the company’s board. Charm removes CO₂ permanently from the atmosphere by converting biomass into a stable, carbon-rich liquid, which it then pumps underground.
PayNearMe, a Santa Clara, Calif.-based payments platform, completed a $45 million Series D round from investors including Costanoa Ventures.
Curri, a startup focused on last-mile logistics for construction and industrial supplies, collected $42 million in Series B funding led by Bessemer Venture Partners.
Ecovative Design, a Green Island, N.Y.-based mycelium technology company, raised more than $30 million in Series E funding led by Viking Global Investors, with about half of the money going to its MyForest Foods subsidiary. The investment will support Ecovative's plans to scale its Forager business, which supplies sustainable textile and foam products, and will also help grow the retail footprint of MyForest Foods’ flagship product, MyBacon.
Oxccu, a U.K.-based climate tech startup, landed $22.7 million in Series A funding led by Clean Energy Ventures. The company’s technology converts carbon dioxide and hydrogen into sustainable aviation fuel.
Hubble Network, a Seattle-based startup creating a global satellite network that any bluetooth enabled device can connect to, closed a $20 million Series A round led by Transpose Platform.
Sourcemap, a New York-based supply chain mapping and monitoring software provider, secured $20 million in Series B financing led by Energize Ventures.
Amogy, a Brooklyn, N.Y.-based ammonia power startup, landed $11 million in Series B2 funding from Marunouchi Climate Tech Growth Fund and others. To date, the company’s scalable ammonia-powered, zero-emissions energy system has been demonstrated successfully in a drone, heavy-duty tractor and semi truck.
Boom, an Austin, Texas-based startup enabling users to improve their credit through rental reporting, was seeded with a $4.5 million seed investment led by Starting Line.
Togai, a startup that helps businesses price their products, raised a $3.1 million seed round led by Together Fund.
|