article thumbnail

Direct lithium extraction company EnergyX secures $20M in funding commitments

Green Car Congress

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. EnergyX) has secured commitments of $20 million in financing. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market.

Companies 448
article thumbnail

Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
article thumbnail

Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014.

Financing 225
article thumbnail

Nesscap completes US$1M convertible note financing

Green Car Congress

Ultracapacitor company Nesscap Energy Inc. The offering constituted the second tranche of the bridge financing previously announced on 8 April 2014. Nesscap products range from 3 farads to 6,200 farads with industry-recognized alternative organic electrolytes. The proceeds will be used for working capital.

Financing 186
article thumbnail

Shipping industry companies launch new zero-carbon shipping research center

Green Car Congress

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

article thumbnail

LanzaTech secures $15M debt financing from Western Technology Investment

Green Car Congress

Waste gases-to-fuels and -chemicals technology company LanzaTech has closed on $15 million in debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. Earlier this year, LanzaTech closed a $55.8-million

Financing 231
article thumbnail

Digitally Transform Your Company with These 5 Courses

Cars That Think

To continue operating during pandemic-related shutdowns, organizations around the world underwent digital transformations. Now, as the world tries to determine the new normal, many companies are expanding the use of digital transformation as a tool for growth. How can you ensure your organization is prepared for a digital society?