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climate tech startups
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- 1Sofinnova closes oversubscribed €82 million MedTech startup fund●Sofinnova Partners closes oversubscribed €82 million MD Start IV fund to build new MedTech startups
Sofinnova Partners, the Paris-based venture capital firm, has closed its MD Start IV fund at €82 million, exceeding its original target. The fund will be used to found and back new MedTech startups, following Sofinnova's model of building companies from scratch alongside inventors and clinicians. The oversubscribed close signals continued investor appetite for early-stage medical technology despite a tougher funding climate.
- 2Vessev unveils electric hydrofoil ferry that almost flies●Vessev built an electric ferry that almost flies Vessev hopes its electric hydrofoil ferry will change the way people an
New Zealand startup Vessev has built an electric hydrofoil ferry that lifts its hull above the water as it moves, cutting drag and energy use. The company hopes the design will change how people and cities think about boats and urban water transport, positioning hydrofoils as a cleaner alternative to conventional ferries.
- 3
Remedium, a Saudi Arabian startup providing carbon accounting services, has raised $1.5 million in a pre-seed funding round. The company helps businesses measure and manage their carbon emissions, a growing area of interest as Gulf economies push sustainability agendas. The funding will support the young company's early development, though details on investors and planned use of the capital have not been widely reported.
- 4Washington climate tech founders land funding despite AI investment squeeze▼Washington climate tech founders score funding as AI boom drains investor cash
Climate technology startups in Washington state are securing investment even as venture capital dollars flow heavily toward artificial intelligence companies. The news highlights that founders working on clean energy and sustainability ventures can still raise funds, though the broader market is increasingly competitive as AI startups absorb a large share of available investor cash this year.
- 5
Axios has published its weekly roundup of energy and climate-related deals, covering the latest funding, mergers and investment activity in the sector. The roundup tracks which clean energy and climate startups and companies secured capital or struck agreements over the past week, offering a snapshot of where investor money is flowing in the energy transition.
- 6Las Vegas startup turns desert air into water▼Las Vegas startup turns desert air into water, targeting data-center demand
A Las Vegas startup is developing technology that extracts water from desert air, aiming its product at data centers that need reliable water for cooling in the arid Southwest. The venture highlights growing concern over water supply as data-center construction expands across Nevada, and it has drawn local news coverage as an example of climate-adapted innovation serving the tech industry.
- 7Kevin Mandia's security startup Armadin raises $255.5 million▼Kevin Mandia's new 'agent swarm' security startup Armadin raises $255.5M at $2.5B valuation
FireEye founder Kevin Mandia has raised $255.5 million for his new cybersecurity startup Armadin, valuing the company at $2.5 billion. The company is building what it calls an 'agent swarm' approach to security, using multiple AI agents to defend networks. The large round so soon after launch has drawn attention across the tech and venture press.
- 8Devoted Health raises $1.2 billion to fuel expansion▼Insurer startup Devoted Health raises $1.2B as it revs up growth
Health insurance startup Devoted Health has raised $1.2 billion in new funding as it pushes to grow its business. The Massachusetts-based insurer, which sells Medicare Advantage plans, is one of the larger private fundraises in the sector this year. The round signals continued investor appetite for tech-driven healthcare companies despite a tougher funding climate for startups.
- 9
A new venture fund of more than €70 million has been announced to invest in startups across Central and Eastern Europe, according to The Recursive's CEE Startup & Tech Weekly. The fund is the standout item in this week's regional roundup, highlighting continued investor interest in the CEE tech ecosystem despite a challenging funding climate for early-stage companies in Europe.
- 10Six climate tech startups win funding as AI draws investors●6 climate tech startups win funding as AI draws investors
Six climate technology startups have secured new funding, according to The News. The report comes as artificial intelligence continues to attract investor attention, with venture capital flowing toward startups that combine climate solutions with AI capabilities. The companies' names and funding amounts were not detailed in the available coverage.
- 11MIT Technology Review to release 2026 Climate Tech Companies to Watch list▼Coming soon: Our 2026 list of Climate Tech Companies to Watch
MIT Technology Review has announced it will soon publish its 2026 list of Climate Tech Companies to Watch. The annual roundup highlights startups and emerging firms seen as the most promising in climate technology, spanning areas such as clean energy, carbon removal and industrial decarbonisation. Readers in the climate and investment communities are anticipating which companies will make the cut this year.
- 12
SeaAhead, a venture firm focused on ocean technology, has closed its debut fund, which it will use to invest in startups working on ocean-related innovations such as sustainable fisheries, marine renewables and blue-economy solutions. The closure signals growing investor interest in ocean technology, though details on fund size and backers have not been widely reported.