The largest this week:
๐บ๐ธ Rivian Automotive went public with an IPO at a $77B valuation, raising $12B in new capital. Today it is already the 2nd most valuable US automaker.
๐ฌ๐ง Plastic Energy - a chemical recycling company - raised โฌ145M in Growth Equity funding from LetterOne, Axens, and M&G.
๐บ๐ธ The EVERY Company - an enabler of alternative protein - raised a $8M funding from Agronomics at a $200M valuation. We mapped other 160+ companies that like The EVERY Company focus on the upstream of the value chain, which includes sourcing, processing, product development and distribution solutions for B2C alt protein brands.
Other notable impact deals:
๐ฆ๐บ Zoomo - a provider of utility electric bikes and aftermarket service - raised a $60M Series B round, half in equity funding led by Grok Ventures and the other half in asset-backed debt from Viola Credit.
๐ธ๐ฌ Treedots - a food surplus marketplace - raised a $11M Series A round led by Amasia and East Ventures. It is the most valuable food waste startup in Asia.
๐ณ๐ฑ 30MHz - a data platform for crop-level insights - raised a โฌ6.5M Series B round from Rubio Impact Ventures, SHIFT Invest, Rabobank and other investors.
๐ฌ๐ง Abatable - a B2B carbon offset startup - raised a $3M Seed round from Global Founders Capital, Y Combinator, Blue Bear Capital and other investors.
๐ช๐ธ SolarMente - a residential solar startup - raised a โฌ1.8M Seed round from YCombinator, Global Founders Capital, and Soma Capital.
Read up on all the latest impact deals in Dealroom.co