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ClearFlame Engine Technologies secures $17M in Series A financing

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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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million in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. As part of ARPA-E’s REACT program, the University of Minnesota (UMN) developed an early stage prototype of an iron-nitride permanent magnet material. Background. 2019.165962.

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Pennsylvania awards $3M+ in 33 incentive grants for alternative fuel vehicles

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Pennsylvania has awarded more than $3 million in Fuel Incentive Grants (AFIG) to 33 companies, counties and organizations making the switch to compressed natural gas (CNG), liquefied natural gas (LNG), or propane for medium to light-weight fleet vehicles. This year, AFIG grants focused on medium- to light-weight vehicles.

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Archer Aviation selects site in Georgia for eVTOL manufacturing facility

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Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.

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Syzygy raises $5.8M in Series A to develop photocatalytic platform for clean chemical and fuel manufacturing

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The financing was co-led by The Engine and by The GOOSE Society of Texas. Licensed from Rice University, the “antenna-reactor” plasmonic photocatalyst has been published in leading academic journals such as Science , Nature , and PNAS. million in Series A funding.

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Electric transit bus maker Proterra enters university market with order from ASUM

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Battery-electric transit bus manufacturer Proterra has entered the university market with its first order from the Associated Students of the University of Montana ( ASUM ) Transportation for two Proterra 40-foot Catalyst Fast Charge buses and one semi-autonomous fast charger for its UDASH routes.

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ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

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

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