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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

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Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide.

Sodium 221
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Clean water company Ostara raises $14.5M for major expansion

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a clean water company that recovers phosphorus and nitrogen from industrial and municipal wastewaters to create premium fertilizers, completed a US$14.5-million million private equity financing. Ostara Nutrient Recovery Technologies Inc., a fund managed by FourWinds Capital Management.

Water 225
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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel.

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IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

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The obstacles to more rapid nuclear growth in the short- to medium-term are primarily policy-related, industrial and financial. The roadmap sets out an action plan with steps that will need to be taken by governments, industry and others to overcome these. Sodium-cooled fast reactor (SFR). Concepts for Gen IV Systems.

Global 210
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CalSEED awards $4.2M to early-stage clean energy innovations

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Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

Clean 371