Sustainable tech startups raise over $600M in latest funding rounds
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Ascend Elements, a sustainable battery materials manufacturer, raised a $162M round led by Decarbonization Partners and others. This comes just 5 months after a $460M round.
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Abridge, an AI-powered clinical documentation startup, raised a $150M Series C led by Lightspeed and Redpoint at an $850M valuation.
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Antora Energy, which uses renewable electricity to heat carbon blocks for industrial use, raised a $150M Series B led by Decarbonization Partners.
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Strategic Value Partners acquired a majority stake in travel experience company Hornblower Group, also investing $121M along with Crestview Partners.
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Recogni, an AI chip startup for autonomous vehicles and generative AI, bucked the slowing semiconductor funding trend by raising a $102M Series C led by Celesta Capital.