climate tech 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.

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.

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.

MIT Technology Review has published its list of climate tech companies to watch in 2026, highlighting startups expected to shape emissions reduction and clean technology over the coming year. The roundup is drawing attention among technology and startup circles as investors and policymakers look for which clean energy and carbon solutions will gain traction next.

HisWay Labs has secured early-stage funding to develop climate-resilient rail travel, with an initial focus on Africa and plans to expand beyond the continent. The startup aims to make rail infrastructure and services better able to withstand climate impacts such as extreme heat and flooding. The investment was reported by ImpactAlpha, which covers impact-driven businesses.

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.

MIT Technology Review has released its list of climate technology companies to watch in 2026. The annual round-up highlights firms working on emissions-cutting technologies expected to make a significant impact in the coming year, spanning areas such as clean energy, carbon removal and industrial decarbonisation. It is closely followed by investors and industry watchers as a signal of where climate innovation is heading next.

Munich-based robotics firm RobCo has reached a $1 billion valuation, making it Europe's newest unicorn in the robotics sector. The company, known for modular robot arms aimed at automating small and mid-sized manufacturers, is being held up as a sign that European industrial robotics startups can still attract major investment despite a cautious funding climate.

Moment Energy, a climate tech startup, is repurposing used electric vehicle batteries into storage units housed in shipping containers, giving retired packs a second life supporting the power grid. The company has been highlighted among climate tech companies to watch, drawing attention for its approach to battery reuse and sustainable energy storage.

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.

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.