MENLO TIMES

Mantle8, unearthing natural hydrogen, led by Emmanuel Masini, has raised €31M in Series A funding led by Sandwater and includes Breakthrough Energy Ventures, Ecotechnologies 2 fund managed on behalf of the French government by Bpifrance, IP Group, Wind Capital, and Calderion (an Audacia-backed investment platform). This capital will fund the next two years of advanced natural hydrogen exploration and drilling. Mantle8 will deploy its technology platform to identify and rank p

Moment Energy, developing a new standard for commercial-scale energy storage, led by Edward Chiang and the team, announced it is building the world’s largest battery repurposing facility in Vancouver, British Columbia, over the next 6 weeks, marking a major step forward in scaling domestic energy storage infrastructure and the fastest in the world to scale battery manufacturing. The announcement follows the company’s $40M Series B, bringing total funding to over $100M and ref

Proxima Fusion, building stellarators to power the future, led by Francesco Sciortino, Lucio Milanese, Jorrit Lion, Martin Kubie, and the team, has announced the creation of its Industrial Development Board (IDB), bringing together some of Europe's most experienced industrial and energy leaders to accelerate the shift from fusion science to large-scale industrial deployment. The IDB members include Luc Rémont, former CEO of EDF and Schneider Electric, Dr. Michael Bolle, forme

Moment Energy, building a new standard for commercial-scale energy storage, led by Edward Chiang, Sumreen Rattan, Gabriel Soares, and Gurmesh Sidhu, has raised a $40 million Series B funding round, bringing its total capital raised to over $100 million. The Series B round was led by Evok Innovations, with participation from Liberty Mutual Investments, W23 Global Fund, and Acario (the corporate venture capital arm of Tokyo Gas), joining the company’s major investors, Amazon’s

Decade Energy, making electric the most reliable and competitive transportation choice for road transport operators, led by Casper Norden, Alexandre Cleret, Carl-Magnus Norden, and Alejandro Ortega, has raised €22 million to scale deployment across France, expand its product offering, and enter new international markets. The financing is led by Eiffel Investment Groups and SET Ventures, along with existing investors. Powering Truck Electrification As truck electrification acc

Blue Energy , designing power plants that can be mass-produced, led by Jake Jurewicz and the team, has raised $380 million in financing led by VXI Capital with significant backing from Engine Ventures and participation from other existing investors, including At One Ventures and Tamarack Global . Proceeds will support procurement of long-lead equipment, project development activities, and general corporate purposes. Blue Energy is developing prefabricated nuclear power pl

Arbor , delivering clean, reliable baseload electricity with zero operating emissions, led by Brad Hartwig, Andres Garcia-Clark, and the team, has announced an agreement with GridMarket , an energy and infrastructure project facilitator, led by Nick Davis, to deliver up to 5 gigawatts (GW) of zero-emission power starting in 2029. GridMarket helps large energy users, such as data centers, manufacturers, and logistics providers, secure reliable and cost-effective power. Arbor

Entrix , an energy trader and market leader for trading flexible energy systems in Europe, led by Steffen Schülzchen and the team, has reached 3 GW / 8.5 GWh of contracted battery storage capacity with final investment decisions across Europe, marking a defining milestone in the company’s evolution into the European leader in flexible energy trading and optimization at scale. A consortium of investors has committed an additional 43m€ capital, consisting of BNP Paribas via i

Photoncycle , the year-round solar energy system for heating and electricity for your home, led by Bjorn Brandtzaeg, Per Hjalmarsson, Sebastian Gutterød, Elina Koivisto, and Koray Abatay, has raised €15M in Series A funding led by NordicNinja and Voima Ventures , Nordic's leading deep-tech and energy transition investors, with participation from existing investors Lifeline Ventures , Eviny Ventures , Luminar Ventures , and Momentum . The funds will support the commercial rol

Heron Power , built for the grid ahead, led by Drew Baglino and the team, has announced the closing of $140 million in Series B financing co-led by Andreessen Horowitz’s ( a16z ) American Dynamism Fund and Breakthrough Energy Ventures , with participation from existing investors  Capricorn Investment Group ,  Energy Impact Partners , Valor Atreides AI Fund, and  Gigascale Capital . With the new financing, Heron Power will build a 40-gigawatt automated U.S. manufacturing faci

Inertia , the commercial fusion energy company, led by Jeff Lawson, Annie Kritcher, and Mike Dunne, has raised $450 million in investment to bring limitless clean energy to the world. The Series A round was led by Bessemer Venture Partners , with participation from additional firms including GV (Google Ventures), Modern Capital , Threshold Ventures , and more. Founded in 2024, Inertia is developing a fusion pilot plant using physics proven at LLNL’s National Ignition Facili

Lunar Energy , the leader in integrated home battery systems and Virtual Power Plant software, led by Kunal Girotra, and others, announced it raised $102 million in an oversubscribed Series D round led by B Capital and Prelude Ventures . This round follows a previously unannounced Series C financing of $130 million led by Activate Capital . These commitments will accelerate Lunar’s mission of powering every home with clean, reliable, and affordable energy with its suite of h

Avalanche Energy , a Seattle-based start-up developing enormously energy-dense compact fusion machines for clean power generation, led by Robin Langtry, Brian Riordan, Kate Kelly, Michael Prato, and others, has announced $29 million in new funding led by RA Capital Management . New investors include 8090 Industries , Overlay Capital , and others, with full participation from existing investors Congruent Ventures , Founders Fund , Lowercarbon Capital , and Toyota Ventures . T

Redwood Materials , securing U.S. critical materials, powering America’s energy future, led by JB Straubel, Chris Lister, Colin Campbell, and others, has announced Series E financing, bringing the total raise to $425 million, with continued participation from existing investors, Capricorn and Goldman Sachs Alternatives , and welcomes Google as a new investor. Driven by strong demand, the increase from the previously announced $350 million underscores confidence in the lon

Standard Nuclear , establishing the backbone of the advanced nuclear fuel cycle, led by Kurt Terrani, Keeley Marrocco, and others, has announced it has secured $140M in Series A funding from investors led by Decisive Point with participation from new investors Chevron Technology Ventures , StepStone Group , XTX Ventures , and existing investors Welara, Fundomo , Andreessen Horowitz , Washington Harbour Partners , and Crucible Capital , among many others. This funding will

Commonwealth Fusion Systems , an MIT spin-out fusion energy company, led by Bob Mumgaard, Dan Brunner, Brandon Sorbom, and Zach Hartwig, has completed and delivered its first cutting-edge, superstrong magnet — a culmination of years of work to develop and manufacture the foundational technology to bring fusion energy to the grid . A 24-ton steel-clad toroidal field magnet was transported to the SPARC facility in Devens, Massachusetts, marking the first of 18 magnets neede

Enlightra , building scalable, extreme-bandwidth, and low-power optical interconnects for the future of computing and communications, led by John Jost and Maxim Karpov, has announced it has raised a total of $15 million in funding to tackle the biggest bottleneck in AI infrastructure: fast and energy-efficient data transfer. The company’s investors include Y Combinator , Runa Capital , Pegasus Tech Ventures , Protocol Labs , Halo Labs, Asymmetry Ventures , and TRAC VC , among

Radiant , a clean energy startup building a nuclear microreactor, led by Doug Bernauer , Dr. Rita Baranwal, Dr. Mike Starrett, and others, has raised more than $300 million in a new round of funding led by Draper Associates and Boost VC , with additional financial commitments from current investors, reinforcing their continued confidence in Radiant’s positioning in the microreactor space. As part of this latest capital raise, Radiant also received additional investment from

Fervo Energy , delivering 24/7 carbon-free geothermal energy, led by Tim Latimer, Jack Norbeck, PhD, David Ulrey, Christian Gradl, Sarah Jewett, and others, has announced the closing of its oversubscribed $462 million Series E funding round, led by new investor B Capital , with participation from new investors, including AllianceBernstein, Atacama Ventures, Carbon Equity, Climate First, Google, Mitsui & Co., Dr. Kris Singh (Founder of Holtec International), and JB Straubel.

Orbital Marine Power , the future of clean, predictable power solutions, led by Andrew Scott, Chris Milne, and Oliver Wragg, has secured £7 million in investment. PXN Ventures – the combined VC arm of Praetura Ventures and Par Equity- joined existing shareholders, including Scottish Enterprise, to invest in Orbital. The investment follows strong momentum in Canada, where Nova Scotia recently awarded Orbital and Eauclaire Tidal Ltd major new tidal energy licenses through its