Clean energy and technology sector funding

The clean energy technology sector has seen significant capital inflows through various funding rounds. Voltus, a distributed energy resource platform, secured $225 million in an oversubscribed Series D round led by Generation Investment Management, with Activate Capital and Vitol as co-leads. The company aims to reach a 20 GW goal by 2030, specifically targeting the PJM and MISO electricity markets in the United States and Canada.

Other notable investments include:

• Optivolt: The power electronics company raised $32 million in a Series A round led by VXI Capital to expand manufacturing of its Power Balancer technology, which manages energy among solar cell groups to mitigate power loss. The company is targeting applications ranging from residential use to utility-scale projects for AI data centers.

• VECKTA: Secured $11 million in an oversubscribed Series A led by Origin Ventures to expand its planning and procurement platform for onsite solar and battery storage.

• Peak Energy: Raised $108 million in a Series B round led by General Motors Ventures to expand sodium-ion battery manufacturing and fulfill over $1 billion in customer orders.

• Pivot Energy: Obtained a $500 million three-year corporate credit facility from Nuveen Energy Infrastructure Capital for project development and equipment procurement.

• Holyvolt: Raised $45 million to support its Discovery Engine, which uses AI models and automated laboratories for battery materials research.

• 1KOMMA5°: The Hamburg-based solar installer raised approximately €70 million for its Heartbeat AI energy intelligence platform.

• NEU Battery Materials: Secured $7.6 million to scale lithium iron phosphate recycling operations.

• Ionage: Raised $1.3 million in pre-series A funding to expand its AI-based electric vehicle charging and energy management network in India.