Battolyser Systems and Matr Foods Secure Millions in Funding

Battolyser Systems, based in Schiedam, Netherlands, is an innovative company specializing in hydrogen electrolysers who has secured €30 million in Series A funding. The investment comes from notable firms including Global Cleantech Capital, Innovation Industries, and Invest-NL. In the latest wave of investments, the spotlight shines on groundbreaking developments in climate technology and sustainable food alternatives. Here’s a quick overview of recent highlights:

• Matr Foods: A plant-based meat alternative company based in Copenhagen has raised €20 million in debt funding from the European Investment Bank (EIB). This injection of capital will help drive their mission of sustainable food solutions.

• Heura Foods: This Spanish plant-based meat company has raised €40 million in Series B funding, highlighting the growing interest and investment in alternative proteins.

• THIS: A UK-based plant-based meat company, secured £20 million in Series C funding, further emphasizing the momentum in the plant-based sector.

• Tau Group: Based in Turin, Italy, this company focuses on electrification technologies for mobility and has raised €11 million in Series B extension funding. The round was led by CDP Venture Capital and Santander Alternative Investments.

• Purple Transform: Located in Oxford, UK, this AI-driven company, which focuses on preventing railway theft and trespassing, raised £4.5 million. The funding was led by Mercia Ventures and Sure Valley Ventures.

• Wingbits: Stockholm-based Wingbits, a community-driven flight tracking network, raised $3.5 million. The round was led by Borderless Capital and Tribe Capital, with Antler also participating

These investments showcase the growing support for innovative technologies and sustainable solutions across various sectors.