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Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

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Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 Our products have four times higher power density (80Wh/L), and almost double the energy density (14Wh/L) compared to current industry standards. million (US$5.4 —Taavi Madiberk.

Financing 247
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Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

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The investment is intended to allow Hyundai Motor to expand its portfolio in the value chain of the hydrogen industry and strengthen the establishment of the hydrogen ecosystem. Based in Albuquerque, New Mexico, Pajarito Powder develops and commercializes advanced electrocatalysts for fuel cells and electrolyzers.

Hyundai 186
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Motor vehicle taxation brings in €440.4B for governments in major European markets

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New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motor 284
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UP Catalyst offering carbon-negative graphite for European battery supply chain

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UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 Every battery manufacturer is challenged by insufficient raw materials. tons of CO 2 per ton of graphite material produced.

Carbon 186
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. Skeleton Technologies Group has three main locations: its manufacturing in Großröhrsdorf, Saxony, Germany, materials development in Bitterfeld-Wolfen, Saxony-Anhalt and electrical engineering in Tallinn, Estonia.

Estonia 186
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Supercap company Skeleton closes €37.6M in Round D3; total D round funding at €108M

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This new funding is one of the milestones allowing us to execute our long-term strategy and not to lose any speed in scaling up our manufacturing to service the rapidly growing customer demand. Although our focus is on scaling up, we continue to invest strongly into R&D. —Taavi Madiberk, CEO and co-founder of Skeleton Technologies.

Companies 150
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EEA says industrial air pollution cost Europe up to €169 billion in 2009; some 37% attributed to CO2

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—Revealing the costs of air pollution from industrial facilities in Europe. The recognized benefits of industrial facilities, including manufacturing products, employment and tax revenues, are not addressed in the report. Half of the total damage cost (between €51–85 billion) was caused by just 191 facilities.

Pollution 268