附近上门

Clean energy and decarbonization are buzzwords everywhere right now, as energy prices start to rise and folks take note of climate change.

The venture capital world seems no different, as Boston-based closed a $198 million Series B鈥攁 mix of equity and venture debt鈥攍ed by Climate Tech.

The round also featured investments from , lenders and and strategic investors , Cosan, , , and .

Previous investors , , and also participated.

Electric Hydrogen has created its own patented approach to electrolysis鈥攖he process of producing hydrogen from electricity and water鈥攄esigned for industrial applications like steel, fertilizer and intercontinental energy transport. Those industrial industries account for more than a third of global GHG emissions, .

The company just announced its $24 million Series A last June.

Growing interest

The round is just the latest large raise in the cleantech and clean energy sectors, which have seen increased investor interest for some time now. After those industries saw about $2.1 billion invested into VC-backed companies in 2020, last year saw a record $10.1 billion, .

Already this year, VCs have poured about $5.3 billion into startups in both cleantech and clean energy sectors.

More money could be on the way. On Wednesday, London-based Kiko Ventures launched with a new $450 million fund to invest in 鈥渢he next generation of climate tech visionaries and create new possibilities for a regenerative future.鈥�

Kiko is an evergreen fund created by investment firm . It will invest in seed and Series A/B rounds, as well as look for opportunities in the public markets, according to a .

滨濒濒耻蝉迟谤补迟颈辞苍:听