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Electrified Thermal: Heating And Thermal Energy Storage Company Raises $19 Million

By Amit Chowdhry ● Dec 14, 2024

Electrified Thermal Solutions - a leader in electrified heating and thermal energy storage solutions - announced it has raised $19 million to accelerate the commercial demonstration and growth of its MIT-developed Joule Hive Thermal Battery (JHTB) system. The round is backed by Holcim MAQER Ventures, Vale Ventures, TechEnergy Ventures, EDP Ventures, and Tupras Ventures alongside financial investor GVP Climate and follow-on investors Clean Energy Ventures and Starlight Ventures, with participation from Mass Ventures and Clean Energy Venture Group.

Koantek Raises Funding From Databricks Ventures To Accelerate Data + AI Journeys

By Amit Chowdhry ● Dec 14, 2024

Koantek - a leading Databricks technology partner and trusted advisor - announced that it has raised funding from Databricks Ventures to accelerate its mission of empowering customers on their data + AI journeys. This funding reflects Databricks' confidence in Koantek's value-driven approach, technical depth, and proven ability to deliver transformative solutions.

Syncell: Subcellular Protein Purification Company Raises $15 Million (Series A)

By Amit Chowdhry ● Dec 14, 2024

Syncell - a leader in next-generation subcellular protein purification and spatial proteomics analysis - announced the closing of a $15 million Series A funding round, bringing the total raised to $30 million. The funding will be used to expand and accelerate the global commercialization and commercial support for the company’s groundbreaking Microscoop platform. The round was led by Taiwania Capital, with participation from new and existing investors.

Albert Invent: $22.5 Million (Series A) Closed To Accelerate Materials Science Innovation

By Amit Chowdhry ● Dec 14, 2024

Albert Invent, an end-to-end R&D platform that accelerates chemical innovation in materials science using AI, today announced a $22.5 million Series A funding round led by Coatue, with TCV, Index Ventures, F-Prime, and Homebrew participation. The funding will expand the engineering team, enhance the platform's capabilities, and scale operations to meet growing demand.

Players Health: Athlete Safety And Sports Insurance Solutions Company Raises $60 Million (Series C)

By Amit Chowdhry ● Dec 14, 2024

Players Health, a leading provider of athlete safety and sports insurance solutions, announced the closing of its $60 million Series C funding round. Bluestone Equity Partners led the round, which included Mosaic General Partners, RPM Ventures, SiriusPoint, and TriplePoint Capital.

Capstan Medical: $110 Million (Series C) Raised To Advance Robotic-Enabled Minimally Invasive Solutions For Addressing Heart Valve Disease

By Amit Chowdhry ● Dec 14, 2024

Capstan Medical - a developer of robotic-enabled minimally invasive solutions to address heart valve disease - announced the closing of an oversubscribed $110 million Series C to advance its mission of bringing its innovative structural heart solution to patients. The funding round was led by Eclipse, with participation from existing investors Yu Galaxy and Intuitive Ventures, as well as new investment from Gideon Strategic Partners.

Halogen Ventures And Innovate Alabama Investing $10 Million In Local Female Founders

By Amit Chowdhry ● Dec 14, 2024

Halogen Ventures, which is Jesse Draper's venture capital fund focused on early-stage startups with a woman on the founding team, announced a $10 million investment to build the pipeline of female founders in Alabama.

Apollo And Santander Partnering On $370 Million Infrastructure Portfolio Financing

By Amit Chowdhry ● Dec 14, 2024

Apollo and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. Apterra, an Apollo affiliate founded in 2023, led the deal. Apterra specializes in innovative financing solutions for infrastructure projects.

Bloom Energy: $125 Million Project Financing Deal Signed

By Amit Chowdhry ● Dec 14, 2024

Bloom Energy, a leader in stationary fuel cell power generation, announced that it has formed a project financing partnership with certain funds managed by HPS Investment Partners (HPS) and Industrial Development Funding (IDF), two leading global providers of infrastructure capital.

Convergent Signs $150 Million Financing Deal For Distributed Energy Storage Project Pipeline

By Amit Chowdhry ● Dec 14, 2024

Convergent Energy and Power, a leading provider of distributed energy storage solutions in North America, announced that it has closed a programmatic construction-to-term loan, tax equity bridge loan, and letter of credit facility with Mitsubishi UFJ Financial Group (MUFG). The funding will provide capital for Convergent to accelerate the construction of its energy storage and solar PV portfolio across North America.

Molten Salt Solutions: $3 Million (Seed) Closed To Drive Adoption Of Nuclear Energy

By Amit Chowdhry ● Dec 14, 2024

Molten Salt Solutions announced the closing of its Seed funding, securing $3 million from Silicon Valley firms Future Ventures and True Ventures. This funding will support the development of the company's first commercial-scale lithium isotope enrichment process.