Private Equity & Private Capital News

Bill Gates-Backed Climate Solutions Fund Invests $40 Million in Canadian Carbon Removal Startup Deep Sky

Bill Gates-Backed Climate Solutions Fund Invests $40 Million in Canadian Carbon Removal Startup Deep Sky

Carbon removal project developer Deep Sky announced that it has secured a USD $40 million grant commitment from Breakthrough Energy Catalyst, a climate solutions-focused initiative founded by Bill Gates, with proceeds aimed at supporting the construction of the company’s first Direct Air Capture Facility, Deep Sky Alpha. Founded in 2022, Montreal-based Deep Sky was established […]

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Accenture Acquires IQT Group to Target Net Zero Infrastructure Opportunities

Accenture Acquires IQT Group to Target Net Zero Infrastructure Opportunities

Global professional services firm Accenture announced today an agreement to acquire Italian engineering services provider IQT Group, in a move aimed at strengthening Accenture’s capabilities for net zero infrastructure projects. IQT Group, based in Rovigo, Italy, focuses on designing and supervising net-zero infrastructure projects for electricity generation and transmission. The company works closely with utility […]

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Nanoramic Raises $44 Million for Technology to Build More Sustainable Batteries

Nanoramic Raises $44 Million for Technology to Build More Sustainable Batteries

Boston-based Nanoramic, which develops advanced sustainable battery technology, announced that it had secured $44 million in financing. The company plans on using the funds to further efforts to commercialize its technology to improve lithium-ion batteries across a broad range of industries and applications. Founded in 2009 out of MIT, Nanoramic works with some of the […]

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Toyota Leads $28 Million Investment in EV Charging Software Startup WeaveGrid

Toyota Leads $28 Million Investment in EV Charging Software Startup WeaveGrid

EV charging software platform provider WeaveGrid announced that it has raised $28 million in a funding round led by Toyota’s growth fund, Woven Capital, with proceeds aimed at supporting the expansion of WeaveGrid’s platform, capabilities and relationships with automakers and utilities. Founded in 2018 by CEO Apoorv Bhargava and President John Taggart, California-based WeaveGrid provides […]

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