The Bristol-based company secured backing from a syndicate of investors to scale its graphene-enhanced battery production processes.
"It’s been a pleasure to get to know Alex, Sam, and the Anaphite team. The advancement of lithium-ion battery technology is an essential part of the green energy transition and Anaphite’s technology has the potential to accelerate the already rapidly growing EV market."
The financing was led by OGCI Climate Investments and Capricorn Sustainable Chemistry Fund.
"It is an exciting time for Econic! We are delighted to have the funds to commercialise our technology and thank our existing and new investors for their support to complete this raise. With record high temperatures and soaring oil prices, the timing is right for Econic Technologies."
The funding package from HSBC UK will help the renewable energy startup bypass supply chain hurdles and accelerate vaccine delivery.
"The continued rollout of vaccination programmes across the globe are critical to our emergence from the pandemic, and to save lives. Our cold storage units provide WHO-accredited refrigeration for these vital vaccines, and this funding will allow us to navigate potential supply chain challenges to ensure delivery without delay."
The photonics company has raised £12m in a Series A round led by Schlumberger to scale manufacturing of its greenhouse gas imaging technology.
"The technology is unique in the emissions monitoring marketplace in its potential to achieve the greatest amount of GHG abatement at the lowest cost of ownership,"
Agronomics led the seed financing round to help fund a large-scale pilot plant and secure regulatory approvals.
"Our dependence on palm oil comes at a great environmental cost. We’ve worked over many years to create robust palm oil alternatives that give us a real chance to cut the impact of a range of products that until now have only been possible to produce with palm oil and the deforestation, pollution and emissions that come with it."