News & Press

Norwegian startup raises $6M to fix this sneaky source of energy waste

Norwegian startup raises $6M to fix this sneaky source of energy waste

Eqon makes devices that can ​“dim” the power consumed by electric heating cables, which factories and cities use — often inefficiently — to keep surfaces warm.
Water: The common overlooked area in the AI boom and venture capital

Water: The common overlooked area in the AI boom and venture capital

While AI's energy demands receive most of the attention, its rapidly growing water footprint may be an equally important constraint.
Noon Energy and Meta Announce Plans for Up to 1 GW of 100+ Hour Energy Storage for Data Centers

Noon Energy and Meta Announce Plans for Up to 1 GW of 100+ Hour Energy Storage for Data Centers

Meta reserves 100 GWh of ultra-long duration energy storage capacity from Noon Energy to provide continuous reliable power for its next-generation AI data center infrastructure
Geothermal Wildcatter Zanskar, Which Uses AI to Find Heat, Raises $115 Million

Geothermal Wildcatter Zanskar, Which Uses AI to Find Heat, Raises $115 Million

Zanskar uses AI to find overlooked geothermal fields and says its discoveries can help sate the U.S.’s thirst for electricity.
EQON Closes $6M Seed Round to Globally Scale Industrial Heating Cable Technology

EQON Closes $6M Seed Round to Globally Scale Industrial Heating Cable Technology

The Norwegian startup will use the funding to rapidly accelerate commercialization for its patented technology that drastically reduces energy consumption associated with industrial heating cables.
A new push to deploy multi-chemistry storage in microgrids

A new push to deploy multi-chemistry storage in microgrids

Gridscape and Scalvy are partnering to deploy sodium-ion and lithium-ion battery packs within the same storage system.
How a Rhode Island apartment building for seniors installed 277 heat pumps in just 12 days

How a Rhode Island apartment building for seniors installed 277 heat pumps in just 12 days

Gradient retrofitted Carroll Tower, an over 50-year-old public housing development in Providence, Rhode Island, with a modern HVAC system in under two weeks... without displacing a single resident.
What the US science and technology council reveals about the country’s industrial playbook

What the US science and technology council reveals about the country’s industrial playbook

The President’s Council of Advisors on Science and Technology (PCAST) appointments highlight the growing alignment between government priorities and where private capital is already flowing.
‘Hybrid organ’: how a union of trees and fungi could revolutionise forest management

‘Hybrid organ’: how a union of trees and fungi could revolutionise forest management

A US startup supplies spray for fast-growing loblolly pines with the hope of increasing biodiversity – and reducing the need for artificial fertiliser
How the Iran War Could Scramble the Climate Tech Capital Stack

How the Iran War Could Scramble the Climate Tech Capital Stack

Disruptions in the Strait of Hormuz could ripple beyond oil markets by putting pressure on a key source of climate tech funding, particularly for early-stage companies already facing limited access to risk-tolerant capital.
Exclusive: Via Separations raises $36M for industrial membranes

Exclusive: Via Separations raises $36M for industrial membranes

Prime Impact Fund portfolio company Via Separations has raised $36MM of new capital enabling the continued momentum toward scaling more efficient and sustainable industrial processes.
The most innovative energy companies of 2026

The most innovative energy companies of 2026

Prime Impact Fund portfolio companies Zanskar and Lilac Solutions named among Fast Company’s 15 Most Innovative Energy Companies of 2026!
Scalvy Confirms Breakthrough Modular Battery Solution for Electric Vehicles

Scalvy Confirms Breakthrough Modular Battery Solution for Electric Vehicles

A joint study by Scalvy and Valeo demonstrates that Scalvy’s modular Power Neuron architecture enables efficient, thermally stable, and battery-friendly operation under automotive driving conditions, showing potential for faster charging and up to 15% longer battery life.
USTDA Funds Pilot of U.S. Critical Mineral Recovery Technology in Indonesia

USTDA Funds Pilot of U.S. Critical Mineral Recovery Technology in Indonesia

The U.S. Trade and Development Agency (USTDA) is funding a pilot in Indonesia to deploy Lilac Solutions’ ion exchange lithium recovery technology at PT Geo Dipa Energi’s geothermal facilities. This project, Indonesia’s first to extract lithium from geothermal brine, aims…