Energy Companies
Latest Deals in Energy
Strataphy, a Dammam-based deep-tech company, raised $6 million in seed funding led by Outliers VC and Shorooq, with participation from PlusVC. The company focuses on enhancing AI and industrial infrastructure cooling solutions, aiming to advance its technology and expand its services.
Investors: Outliers VC, Shorooq, PlusVC
Amperesand has secured an $80 million Series A funding round co-led by Walden Catalyst Ventures and Temasek. The company develops medium voltage solid state transformer technology to alleviate power bottlenecks for AI data centers and other high-density electrified systems, addressing growing demand in the sector.
Investors: Walden Catalyst Ventures, Temasek
Copenhagen-based Nordic Salt Cycle has raised โฌ3.5 million in pre-seed funding, led by Eifo Denmarkโs green transition fund, Footprint Firm, and Ananda Impact Ventures. The company develops molten salt technology to recover critical minerals from end-of-life products, offering a scalable and cost-effective solution for sustainable mineral recovery.
Investors: Eifo Denmarkโs green transition fund, Footprint Firm, Ananda Impact Ventures
Hammerhead AI has raised a $10 million seed round, led by Buoyant Ventures, to enhance AI factory deployment and optimize power utilization for AI workloads. The funding round saw participation from several investors, including SE Ventures and Aina Climate AI Ventures.
Investors: Buoyant Ventures, SE Ventures, Aina Climate AI Ventures
Hammerhead AI Inc. raised $10 million in seed funding to address the energy demands of artificial intelligence in data centers. The round was led by Buoyant Ventures, with participation from SE Ventures. The company aims to alleviate the bottleneck caused by AI's extensive energy consumption.
Investors: Buoyant Ventures, SE Ventures
Firmus Technologies Pty Ltd. has raised $327 million to establish a network of AI centers in Australia, addressing the growing demand for AI infrastructure. The funding round included investments from Nvidia Corp. and Ellerston Capital, valuing the company at $3.9 billion.
Investors: Nvidia Corp., Ellerston Capital