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Cleantech Sector Thrives as CarbonCure and Orennia Secure Significant Investments

July 11, 2023 by Newsdesk

Halifax-based CarbonCure has closed an $80 million USD investment round, with Swiss firm Blue Earth Capital as the lead investor. CarbonCure’s technology stores captured carbon emissions in concrete.

Investors such as Amazon’s Climate Pledge Fund and Microsoft’s Climate Innovation Fund participated. Concrete producers, architects, and engineers are among the partners CarbonCure plans to collaborate with.

Calgary analytics startup Orennia raised $25 million USD in a Series B round, attracting investors like Wellington Management and Quantum Energy Partners.

Orennia provides commercial analytics for businesses in their energy transition journey, expanding its market presence in the US battery-storage sector.

Want to know more? Check out the source code on BetaKit.

Filed Under: News Tagged With: CarbonCure, Orennia

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