The largest this week:
🇺🇸 Helion Energy - a startup developing a nuclear fusion reactor - raised a $500M Series E round at a $3.0B valuation from Sam Altman, Dustin Moskovitz, Mithril Capital Management, and Capricorn Investment Group. This funding includes the commitment for an additional $1.7B if some milestones are reached. Helion Energy is now the most valuable nuclear energy startup globally.
🇺🇸 Rad Power Bikes - an e-bikes manufacturer - raised a $154M Series D round from Fidelity, T. Rowe Price associates, Morgan Stanley, Vulcan Capital and other investors. Rad Power Bikes is now the most capitalized e-bike startup globally, followed by Dutch company VanMoof.
Other notable impact deals:
🇧🇷 Fazenda Futuro - a plant-based meat replacement startup - raised $58M Series C at a $393M valuation, to fuel Fazenda Futuro’s expansion in the US.
🇳🇱 Overstory - that provides forest intelligence via remote sensing - raised a $3.9M Seed round led by CapitalT and Moxxie Ventures. There are many startups working on remote sensing technologies, but just a handful applying this technique to forest monitoring with Overstory being the #2 most capitalized startup in the space, after SeeTree.
🇩🇪 Plan A - a carbon accounting startup - raised a $10M Series A round from HV Capital, Demeter Partners, Keen Venture Partners, and Coparion. This makes of Plan A the #3 most capitalized carbon accounting startup in Europe.
🇰🇪 Opibus - a startup converting combustion engine powered vehicles into electric ones - raised $5M Seed from Factor[e] Ventures and At One Ventures.
🇵🇭 WTH Foods - a plant-based meat product startup - raised a $1.2M Seed round from Big Idea Ventures and Henry Soesanto.
Read up on all the latest impact deals in Dealroom.co
