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bp leads $12.5M Series A investment in water vapor electrolyzer innovator Advanced Ionics

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million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment of its water vapor electrolyzer technology for heavy industry.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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million) in another financing round. Synhelion has developed a solar thermal process for the production of syngas, which is then used in standard industrial processes to synthesize liquid fuels, such as kerosene, gasoline, or diesel, that are compatible with conventional jet engines and internal combustion engines. Solar Upgrading.

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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

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It will provide key information about the site where the aluminum was responsibly produced, covering ten criteria: carbon footprint; water use; recycled content; energy sources; community investment; safety performance; diversity in leadership; business integrity; regulatory compliance; and transparency.

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Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

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a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. Most specialty chemicals manufactured from oil today can also be made using Lygos’ technology of engineered microbes with sugar and water. This is the Industrial Revolution of synthetic biology. Lygos , Inc.,

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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

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The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. SVX continues to collaborate with battery industry experts and collaborators at the Lawrence Berkeley National Laboratory and Argonne National Laboratory. SVX recently closed a Series A funding of $8.4

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NREL and Electric Hydrogen partner to develop high-performance electrolyzer components

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In June, Electric Hydrogen closed a $24-million Series A financing to support continued product development and expansion of its operations in the Greater Boston and San Francisco Bay areas. Electric Hydrogen is engineering a high-performance product for water electrolysis—something that could scale up to significant commercial applications.

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