- 21
- August
2021
Alantra’s new Klima fund invests in Mainspring
Smart green energy startups in Europe raising Series B or later rounds now have one more financial VC to go to in Madrid. The new late stage VC fund is called Klima (climate in German), focuses on hardware and software startups accelerating the energy transition and achieved its first closing at €80M on 7 June 2021. Klima’s capital is committed by powerful Spanish LPs including the listed investment bank and asset manager Alantra (€18M commitment), the gas corporate Enagás (€30M), the state-owned bank Instituto de Crédito Oficial (€15M), the renewable energy developer Capital Energy (€2M), the German family office Blueworld Group and other undisclosed institutional investors. On 12 July 2021, Klima announced its first investment in Sillicon Valley-based Mainspring, expanding their $95M Series D to $108M together with other investors entering the massive round at the last minute. GP Lucille Bonnet will pitch Klima at Ecosummit Berlin 8-9 September 2021.
Read more- 6
- February
2015
Nils Aldag pitches Sunfire
Ecosummit TV: Nils Aldag pitches Sunfire at ECO14 Berlin. The Dresden-based late stage startup makes very efficient solid oxide electrolysers and fuel cells using the same technology platform. Last year Sunfire won Ecosummit Award 2014 Silver and entered Cleantech Group’s 2014 Global Cleantech 100. Sunfire has got 80 employees and is backed by Electranova Capital, Total Energy Ventures, Bilfinger Venture Capital and KfW. Their impressive list of customers includes ThyssenKrupp and Vaillant. Upon request Nils will share more customers that prove Sunfire’s enormous market traction that may lead to €10M revenues in 2015. Nils currently raises their next financing round and welcomes new strategic and financial investors that believe in Sunfire’s growth potential in the global hydrogen market.
Read more- 27
- August
2012
Pascal Mauberger pitches the hydrogen storage startup McPhy Energy from France
Ecosummit TV: CEO Pascal Mauberger pitches the French hydrogen storage startup at ECO12 Berlin. Founded in 2008, MyPhy Energy raised €15.2M in 2 rounds from Emertec, Sofinnova Partners and Gimv. They are now 35 people and want to grow to over 100 in a few years. McPhy’s technology is able to store large amounts of hydrogen at low pressure and enables onsite production and storage of hydrogen. If you take renewable energy as a source, you can create green hydrogen using an electrolyser from one of McPhy’s partners. McPhy Energy is on a promising growth path and if you need large-scale hydrogen storage, please get in touch with Pascal.
Read more- 8
- July
2012
Stephan Rieke presents power to gas startup Solarfuel
Ecosummit TV: Stephan Rieke presents Etogas (ex-SolarFuel) which is the global first mover commercialising Power to Gas (P2G) technology. The German startup converts renewable energy to renewable methane (synthetic natural gas) by integrating electrolysis and methanation into one solution. Power to Gas is useful for storing and transporting huge amounts of energy and enables the coupling of the electricity and gas networks to create the smart green super grid. The motivation for developing the new P2G technology is driven by the volatility of wind and solar – the wind doesn’t always blow and the sun doesn’t always shine – and the resulting need for huge long-term energy storage. The potential storage capacity of Germany’s gas network could power the country for several months.
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