Startup

According to reporting by The Wall Street Journal, an energy startup has raised $750 million to advance so-called rust-powered batteries. The funding targets the commercialization of iron-based storage systems intended for long-duration grid applications. Overview Rust-powered batteries, commonly described as iron-based or iron-air systems, rely on the reversible oxidation and reduction of iron to store […]

Family offices maintained active support for clean energy and sustainability startups in July, helping to sustain dealmaking momentum in the climate technology space. Overview Private wealth vehicles known as family offices have continued to deploy capital into startups focused on energy transition, circular economy solutions and sustainability services. This activity in July reflected a broader […]