This week saw significant funding announcements in electric mobility and deeptech, with Rivian spinoff Also securing $200 million for micromobility solutions and partnerships, Via Separations raising $36 million for energy-efficient industrial processes, Emerald AI receiving $25 million to optimize data centers as grid assets, and ThinkLabs AI obtaining $28 million for advanced grid modeling. Additionally, Starcloud raised $170 million to develop space-based data centers, highlighting continued interest in innovative tech solutions.
For someone tracking sustainable investing and climate tech advancements, the most actionable insight is the significant investment in micromobility startup Also, which secured a $200 million Series C round and a strategic partnership with DoorDash. This underscores the growing market potential for micromobility solutions addressing last-mile delivery challenges, suggesting a ripe opportunity for further investment or partnership exploration in this sector, especially as cities seek to reduce carbon emissions and traffic congestion.