Dutch battery startup LeydenJar’s silicon anode tech could pose a challenge to China
LeydenJar raised €13 million along with €10 million from a U.S. consumer electronics company to scale production of its silicon anode material.
Tesla revamps the Megapack in attempt to reverse its declining storage business
Tesla’s energy storage business could use a boost after reporting two consecutive quarters of declining installations.
Geothermal is too expensive, but Dig Energy’s impossibly small drill rig might fix that
Dig Energy’s water-jet drilling right promises to cut drilling costs by up to 80%, helping geothermal heating hit price parity with fossil fuel furnaces.
Nuclearn gets $10.5M to help the nuclear industry embrace AI
Nuclearn has developed AI tools to help reactor operators automate routine paperwork. “Think of it as the junior employee,” the company tells customers.
Nuclear startup Deep Fission goes public in a curious SPAC
Deep Fission had been seeking to raise $15 million in a seed round as recently as April. The reverse merger will raise twice that amount.
Natron’s liquidation shows why the US isn’t ready to make its own batteries
The sodium-ion battery startup went from announcing a $1.4 billion factory to filing for liquidation in just over a year. Natron’s troubled journey illustrates the challenges in making batteries in the U.S.
TED leader’s $300M ‘valley of death’ fund might be just what later-stage climate tech needs
The new fund hopes to send a “Seqouia-like” signal to other investors that there are promising later-stage climate tech startups waiting to be funded.
Advanced geothermal startups are just getting warmed up
Geothermal energy startups including Fervo Energy and Sage Geosystems are signing key deals that bring their technology closer to broader commercial deployment.
Judges side with Trump EPA over canceled Inflation Reduction Act grants to nonprofits
An appellate court found that the Trump administration was within its rights to cancel billions of dollars in grants. The nonprofits that had their grants cancelled are expected to appeal.
Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M
Commonwealth Fusion Systems has raised nearly $3 billion to commercialize its fusion power plant. It hopes to send electricity to the grid in the early 2030s.