Swedish water recycling tech start-up Orbital Systems has raised £15M in Series B funding. Series B backers include Skype founder Niklas Zennström, H&M CEO Karl-Johan Persson, the af Jochnick family (Oriflame), Stena Ventures, and Nils Idoff.
Swedish tidal power developer Minesto has completed its programme of stock warrants with 91 percent of outstanding warrants being exercised, This means that Minesto will add approximately 75 SEK million (€7.8m) in proceeds to the further development of the unique tidal energy technology Deep Green.
Finnish smart waste management start-up Enevo receives €2.3m funding from the European Commission’s Horizon 2020 project. The funding will enable Enevo to accelerate its expansion in a number of European countries and expand the number of cities the company can service.
The European Investment Bank (EIB), will invest up to EUR 10m in AW Energy, a wave energy technology start-up company from Finland. The investment will support and speed up the commercial roll-out of European wave energy technology.
The European Investment Bank (EIB) supports Canatu with a EUR 12 million loan for the development and capacity increase of its Carbon NanoBud based conductive film and touch sensor production in Finland.
Advanced materials start-up Sol Voltaics has raised a record round of $17 million in new equity investment and grant funding to accelerate commercialization of its nanowire solar film tandem-layer technology.
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