The largest this week:
🇬🇧 UK-based batterytech developer, Britishvolt, received £100M funding from the Advanced Propulsion Centre’s Automotive Transformation Fund (ATF). ATF funding will support Britishvolt’s plans to build a £3.8b advanced technology battery cell Gigaplant in Northumberland.
💸 This marks one of the UK’s biggest-ever industrial investments and the largest in the North East of England since Nissan’s arrival in 1984.
🇺🇸 Terabase Energy raised $44M in Series B financing. The funding will be used to support the company's mission to reduce the cost and increase the scalability of solar by building a digital and robotic automation platform for the development, construction, and operation of utility-scale PV power plants.
🇩🇪 Vanadium flow battery storage system developer VoltStorage has raised €24M in a Series C funding round, part of which will go to developing a new iron salt-based battery.
🇺🇸 Blue Frontier, the leading innovator in ultra-efficient sustainable air conditioning technology, raised a $20M Series A equity investment led by Bill Gates-founded Breakthrough Energy Ventures and others.
Other promising impact deals:
🇳🇱 Utrecht-based Leap24, a company that facilitates hyper charging stations for electric delivery vans and trucks, raised €15M in its latest funding round.
🇺🇸 TherapeuticsMD, an innovative, leading women’s healthcare company, has received $15M in a private investment.
🇨🇦 BrainBox AI, a leader in autonomous building technology, raised $30M in a Series A funding round to further expand its global footprint and impact.
🇺🇸 Proof of Impact, a San Diego, CA-based platform for ESG and impact data intelligence, raised $6M in Pre-Series A funding.
Read up on all the latest impact deals in Dealroom.co
