Here’s a recap of current funding developments from Australia, India, the US and past.
KC8 Capture Technologies Raises AU $10 Million
KC8 Capture Technologies, an Australian startup specializing in superior carbon seize know-how, has raised AU $10 million to speed up the deployment of its revolutionary options throughout essential and hard-to-abate industries. The funding spherical was led by business leaders together with Woodside Energy (Woodside), Cemex Ventures (Cemex), and a serious petrochemical firm. Founded in 2021, KC8 goals to revolutionize CO2 seize with a lower-cost, environmentally pleasant various to conventional strategies.
Fugu Raises Seed Round for Carbon Removal Technology
Fugu, primarily based in Sydney, has secured seed funding to scale its operations and deploy CO2 removing machines from its Glebe-based R&D facility. The funding, led by APAC-based VC Investible and supported by Australian traders Jelix and Electrifi Ventures, together with vital backing from Counteract in London, positions Fugu on the forefront of rising carbon removing options.
EVOS Seeks $6 Million to Expand EV Charging Solutions
EVOS, specializing in fleet power administration and electrical car (EV) charging, is in search of a further $6 million after elevating $4 million to satisfy growing demand for regionally designed and manufactured EV chargers. Founded by CEO Marcelo Salgado, EVOS goals to boost sustainability in transportation with revolutionary charging applied sciences.
Sircel Secures $5 Million to Advance Solar Panel Recycling
Sircel, Australia’s largest e-waste processor, has secured $5 million to advance its photo voltaic panel recycling initiatives following a strategic acquisition. Established in 2018 and headquartered in Sydney, Sircel is dedicated to sustainable e-waste administration and increasing its capabilities in renewable power restoration.
Gelomics Raises $2.2 Million for Pharmaceutical Innovation
Brisbane-based Gelomics has raised $2.2 million in pre-Seed funding to broaden its animal-free pharmaceutical drug improvement. Supported by Sydney VC Jelix Ventures, the Queensland Investment Corporation (QIC) Enterprise Acceleration Fund, and Angelloop, Gelomics goals to revolutionize drug testing strategies with its revolutionary know-how.
Hayden AI Raises $90 Million to Expand AI Solutions
Hayden AI Technologies has raised $90 million in Series C funding to speed up its AI-driven options for city mobility. Led by The Rise Fund, with participation from Drawdown Fund and Autotech Ventures, Hayden AI goals to remodel transportation infrastructure with its superior AI know-how.
Octagos Health Secures Over $43 Million for AI-Driven Healthcare
Octagos Health has raised over $43 million in Series B funding to boost its AI platform for steady affected person monitoring. Led by Morgan Stanley Expansion Capital, the funding will assist Octagos Health in scaling its operations and bettering healthcare outcomes by revolutionary AI functions.
X-Bow Raises More Than $70 Million to Advance Hypersonic Vehicles
X-Bow has raised over $70 million in Series B funding to speed up the event of hypersonic-capable automobiles and stable rocket motor packages. Led by Razor’s Edge and backed by Lockheed Martin Ventures, Boeing Ventures, Crosslink Capital, and Balerion Space Ventures, X-Bow goals to revolutionize aerospace know-how with its cutting-edge capabilities.
Keep updated with our tales on LinkedIn, Twitter, Facebook and Instagram.
