The largest this week:
🇩🇪 Infarm - a vertical farming unicorn - raised a $200M Series D round from Atomico, Qatar Investment Authority, Bonnier, Lightrock and Partners in Equity. This is Infarm’s largest fundraise to date. Vertical farming startups raised $700M in 2021, slightly more compared to 2020 ($556M) and 2019 ($593M).
🇬🇧 Octopus Energy - the green energy provider - raise $300M in Growth Equity funding from CPP Investments at a $5.0B valuation, slightly higher compared to the last fundraise in September when the company was valued $4.6B. The Guardian points out how: “More than 20 UK energy companies have gone bust in a little over 12 weeks after a record rise in energy market prices, including the biggest, Bulb Energy, which was unable to raise funds from investors to keep supplying its 1.7 million customers.”
Other notable impact deals:
🇩🇪 Clue App - a cycle tracking app - raised a €16M round from Balderton Capital and Future Positive Capital at a €91M valuation. In addition, Clue App’s digital contraceptive device got FDA clearance early this year. FemTech Startups raised a record $2.1B in 2021.
🇺🇸 Carbon America - a vertically-integrated carbon capture startup - raised a $30M Series A round from ArcTern Ventures, Energy Impact Partners, Golden Properties, and the Canada Pension Plan Investment Board. US-based carbon capture companies raised a record $273M in venture funding this year.
🇺🇸 Proof of Impact - a data intelligence platform for impact and ESG data - raised a $2.3M Seed round from Chadd Evans, Working Capital Fund, Oxford Angels and Blufolio and other angel investors.
🇮🇹 Wiseair - an outdoor air quality monitoring startup - raised a €1M Seed round from Novum Capital. As we illustrated in the Urban Tech report, air quality startups are significantly underfunded.
🇩🇰 Electricitymap - an open-source data platform that computes the origin of electricity associated with carbon emissions - was awarded with a €1M grant from Google.
Read up on all the latest impact deals in Dealroom.co
