Green Car Congress

MARCH 14, 2021

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position in the electrification of commercial vehicles while funding its backlog and facilitating more pilot programs with operators.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

OCTOBER 13, 2021

Gevo and Axens North America have entered into an agreement that establishes a strategic alliance aimed at accelerating the commercialization of sustainable ethanol-to-jet (ETJ) projects in the United States. Axens would also provide process guarantees for commercial ETJ projects. 30 years of commercial operation.

Commercial 170

Commercial Fuel North America Renewable 170

Green Car Congress

JANUARY 20, 2021

PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions.

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Peterbilt Kenworth Commercial North America 397

Green Car Congress

JUNE 2, 2022

Qmerit, the leading provider of implementation solutions for EV charging and other electrification technologies, has launched turnkey EV charging solutions for commercial properties. Qmerit then conducts an on-site evaluation using the foundational information from the Commercial Assessment. —Tracy K.

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Commercial Charging North America Financing 199

Green Car Congress

NOVEMBER 28, 2021

million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. According to the IEA, by 2050 the world will make 200 million tons of blue hydrogen, all of which will need better capture technology. Start-up DiviGas has announced a $3.6-million Source: DiviGas.

Commercial 418

Commercial Hydrogen New York Polymer 418

Green Car Congress

SEPTEMBER 19, 2014

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR). Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles.

Financing 236

Financing Tesla Motors Motor Motors 236

Green Car Congress

JULY 30, 2021

million in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Fusion Power Powered Companies 250

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. and Shanghai Ronghe Electric Technology Financial Leasing Co., Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. Shanghai Sunwise New Energy System Co.,

Hyundai 356

Hyundai Commercial China Motor 356

Green Car Congress

AUGUST 14, 2021

The study, sponsored by the DOE’s Office of Energy Efficiency and Renewable Energy’s Vehicle Technologies Office, is the result of a collaboration between Argonne and four other DOE national labs: Lawrence Berkeley National Laboratory, National Renewable Energy Laboratory, Oak Ridge National Laboratory, and Sandia National Laboratories.

Transportation 435

Transportation Alternative Fuels Maintenance Chad 435

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. —Rick Luebbe, Co-Founder and CEO, Group14 Technologies. It is innovative materials that will create the greatest impact.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

OCTOBER 15, 2021

The proprietary modular capsule technology is significantly lighter than the current state of the art in hydrogen storage and is designed from first principles for flight and ground transport safety certification. There is no known alternative technology to get there. —Paul Eremenko, co-founder and CEO of Universal Hydrogen.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

MAY 18, 2022

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. Mangrove’s patent-pending, proprietary technology uses electrochemical processes to convert lithium chloride and lithium sulfate directly into lithium hydroxide. —Kasper Sage, Managing Partner at BMW i Ventures.

BMW 243

BMW Green Carbon Convert 243

Green Car Congress

OCTOBER 25, 2022

AM Batteries (AMB), a developer of lithium-ion dry-electrode technology, closed its Series A financing. AMB’s solvent-free, dry-electrode manufacturing technology allows for the coating of lithium-ion battery electrodes without the need for any harmful solvents or energy-intensive evaporation.

Lithium Ion 150

Lithium Ion Manufacturer Batteries Battery 150

Green Car Congress

SEPTEMBER 2, 2022

a startup developing innovative solid-state battery systems for use in future electric vehicles (EVs) that would fully charge in minutes, announced the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 Adden Energy, Inc., —Xin Li.

Energy 186

Energy Batteries Battery Climate Change 186

Green Car Congress

JUNE 18, 2021

ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5 million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. In fact, it increases power by 25%.

Diesel 321

Diesel Engine Fuel Iowa 321

Green Car Congress

OCTOBER 4, 2020

Soteria Battery Innovation Group (BIG) has exclusively licensed and optioned a technology developed by the Department of Energy’s Oak Ridge National Laboratory designed to eliminate thermal runaway in lithium ion batteries due to mechanical damage. The technology complements Soteria’s existing battery safety technology.

Li-ion 286

Li-ion Lithium Ion Batteries Battery 286

Green Car Congress

JULY 22, 2022

After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its fifth-generation fusion research reactor, Norman, TAE Technologies has secured strategic and institutional investments to fund the construction of its next research reactor, the sixth-generation Copernicus.

Fusion 243

Fusion Companies Google Chevron 243

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Terms of the transaction were not disclosed.

Financing 210

Financing District of Columbia Commercial Energy 210

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

MARCH 25, 2020

Funds from the strategic financing will be used to further accelerate the company’s product development activities, project deployments, and growth plans as the Company expands its technical leadership in medium and heavy-duty hydrogen fuel cell bus and trucking applications. — Ewald, Vice President of Strategy and New Power, Cummins.

Transportation 276

Transportation Commercial Fuel Energy 276

Green Car Congress

FEBRUARY 6, 2014

UQM Technologies, a developer of and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck, bus and military markets, completed a $5.3-million million capital raise through institutional investors.

Financing 218

Financing Corporation Plug-in Hybrid 218

Green Car Congress

SEPTEMBER 22, 2013

The US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) has issued a Request for Information (RFI) (DE-FOA-0001001) to gain public input on its efforts to facilitate the commercialization of energy efficiency and renewable energy technologies. National Laboratory Technology Transfer.

Commercial 210

Commercial Renewable Energy Financing 210

Green Car Congress

OCTOBER 21, 2021

As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx. Established in 2008, JJE is an electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers.

North America 186

North America China Michigan 2008 186

Green Car Congress

MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. Skeleton Technologies partnered with the Karlsruhe Institute of Technology to complete the development of the SuperBattery.( Earlier post.) Enabling carbon-neutral electrification is a key priority for Marubeni Corporation.

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

AUGUST 12, 2021

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations. Goldman Sachs & Co.

Fleet 218

Fleet Commercial North America San Francisco 218

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

Financing 231

Financing Convert Renewable Price 231

Green Car Congress

JUNE 15, 2023

million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

Carbon 418

Carbon Fuel Financing Hydrogen 418

Green Car Congress

MARCH 9, 2017

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

Financing 150

Financing Companies Italy 2016 150

Green Car Congress

NOVEMBER 4, 2020

European ultracapacitor leader Skeleton Technologies completed a €41.3-million million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. The total commercial backlog is currently more than €150 million (US$176 million).

Lithium Ion 170

Lithium Ion Financing Legal Hydrogen 170

Green Car Congress

JUNE 23, 2021

Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s battery technology systems.

Miami 284

Miami Fleet North America United States 284

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. The technology converts non-recyclable, non-compostable municipal solid waste into methanol, ethanol and other widely-used chemicals. Canada-based Enerkem Inc., Earlier post.).

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

DECEMBER 13, 2011

which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology. Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. Waste Management and EB Investments are investing C$15 million (US$14.6 Earlier post.)

Financing 218

Financing Waste Commercial North America 218

Green Car Congress

JULY 1, 2023

Nikola is granted the IVECO S-Way technology license for North America and related component supply from Iveco Group, and gains joint ownership of the intellectual property of Generation 1 eAxles, technology developed together with Iveco Group’s powertrain brand, FPT Industrial.

Europe 395

Europe North America Financing America 395

Green Car Congress

DECEMBER 21, 2020

Group14 Technologies, a developer of a micronized silicon-carbon powder, tunable by design and drop-in ready, has secured $17 million in Series B funding led by SK Materials, one of the world’s top manufacturers of special gases and industrial gases, with participation from returning investor OVP Venture Partners.

Lithium Ion 170

Lithium Ion Li-ion Production Washington 170

Green Car Congress

JUNE 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

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Hydrogen Emissions Financing USA 370