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ClearFlame Engine Technologies raises $30M in Series B

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ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

Engine 150
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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

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Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board.

Financing 291
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Mazda2 Hybrid to be introduced in Europe; OEM model supplied by Toyota

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Mazda Motor Corporation will introduce the Mazda2 Hybrid in Europe from the spring of 2022. The Mazda2 Hybrid will be an OEM model supplied by Toyota Motor Europe, a wholly owned subsidiary of Toyota Motor Corporation, and will be added to the Mazda2 lineup in Europe and sold as Mazda's own brand vehicle.

Europe 395
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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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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. The engineered carbons at the heart of Group14’s technology already outperform all other carbons available in Li-ion batteries, the company says.

Financing 243
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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

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Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds. Merriman Capital, Inc.

Financing 236
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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2 million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Diesel Engines'

Financing 236
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Chemrec enters into cooperation agreement with China Tianchen Engineering Corporation on advanced biofuel plants

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Chemrec signed a cooperation agreement with China Tianchen Engineering Corporation, TCC, to provide an integrated offering of Chemrec plants on a global lump-sum turn-key basis and co-market the Chemrec black liquor gasification technology—a route to second-generation biofuels or green power.