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Tracxn - Top Business Models in Sustainability Tech - 24 Aug 2022

  1. TRACXN TOP BUSINESS MODELS REPORT August 24, 2022 SUSTAINABILITY TECH
  2. Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Contents Sustainability Tech Funding Overview 3 Top Funded Business Models 4 One Pagers 9 Appendix 59 2
  3. Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Funding in last 1 year 3 Energy Efficiency Tech $3.7B Renewable Energy Tech $3.5B Air Pollution Management Tech $3.1B Smart Grid $3.0B Infectious Diseases $2.9B Solid Waste Management Tech $2.0B Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Y Combinator Global Founders Capital We Founder Circle 37 11 10 Early Stage Breakthrough Energy S2G Ventures Temasek 21 12 10 Late Stage Baillie Gifford SoftBank Vision Fund Temasek 7 7 6 Funding by Geography Top Feeds by $ Funding Top Funding Rounds United States (42%) United Kingdom (9%) China (6%) France (6%) Germany (5%) Sweden (4%) India (4%) Others (23%) $ Funding # Rounds ACC (2020, France) $1.2B - Series D Northvolt (2016, Sweden) $1.1B - Series C IONITY (2017, Germany) $791M - Series B Octopus Energy (2015, United Kingdom) $655M - Series E Climeworks (2009, Switzerland) $650M - Series E Nuro (2016, United States) $600M - Series D Octopus Energy (2015, United Kingdom) $550M - Series F Rimac Automobili (2009, Croatia) $536M - Series D Xiaopeng Huitian (2013, China) $500M - Series A EcoVadis (2007, France) $500M - Series D Impossible Foods (2011, United States) $500M - Series H Shanshan Lithium Batte.. (undefined, 477645250) $NaNK - shanshanlithiumb atterymaterials.vd trxn
  4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▲70 Carbon Sequestration through Adsorption $753M 8 Climeworks | $650M | Series E Link 2▲33 Carbon Footprint Awareness $389M 34 Persefoni | $101M | Series B Link 3<> 0 COVID-19 Drugs $385M 7 RVAC Medicines | $140M | Series B Link 4▲7 Commercial Building Energy Management System $312M 33 OfficeSpace Software | $150M | PE Link 5▲79 Waste To Fuel $305M 8 Enerkem | $255M | Series H Link 6▲16 Carbon Offset Trading $304M 32 Watershed | $70.0M | Series B Link 7▲6 Distributed Energy Resources Management Software $291M 11 Span.IO | $90.0M | Series B Link 8▼3 Drug Resistant Infections $266M 14 TenNor Thera.. | $41.5M | Series D Link 9▼2 Affordable Housing Developers $266M 9 BRIDGE | $250M | Series D Link 10▲29 Energy Demand Response Management Solutions $259M 9 Lancium | $150M | Series D Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11▲51 Compressed Air Renewable Energy Storage System $258M 4 Hydrostor | $250M | Series D Link 12▼11 Lithium Battery Recyclers $241M 7 Ascend Elements | $101M | Series D Link 13▼7 Microfinance Providers $218M 10 Muthoot Micr.. | $49.8M | Series B Link 14▲1 Hepatitis Drugs $216M 5 Brii Bioscien.. | $100M | Series D Link 15▼6 Commercial Building Energy Monitoring System $205M 4 Deepki | $166M | Series C Link 16▲74 Plastic Waste Recyclers $168M 2 Plastic Energy | $168M | Series A Link 17▲25 Water Grid Distribution Intelligence $159M 3 H2O Securities | $150M | Series D Link 18-- Affordable Housing Loans $158M 5 Shubham | $112M | Series D Link 19▲3 Robotic Solid Waste Sorting $139M 7 AMP Robotics | $71.2M | Series C Link 20▼5 Home Energy Management System $138M 4 Tibber | $100M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details 21▼14 Microgrid Operators $136M 3 VoltaGrid | $100M | Series C Link 22▲36 Smart Energy Meters $134M 3 Sense | $105M | Series C Link 23-- Fibre Waste Recyclers $130M 2 Recover | $100M | Series D Link 24▼1 Prenatal Diagnostic Tests $126M 3 BillionToOne | $125M | Series C Link 25▲22 Waterbody Inspection Services $120M 2 Saildrone | $100M | Series C Link 26▲2 Solar Project Development Services Marketplace $100M 2 Solfácil | $100M | Series C Link 27-- Data Center Energy Management Systems $100M 2 Liqid | $100M | Series C Link 28-- Thermal Renewable Energy Storage System $97.1M 3 Antora Energy | $50.0M | Series A Link 29▲22 Blockchain Based Carbon Trading Platform $89.7M 5 Flow Carbon | $70.0M | Series A Link 30-- Anti Fungal Drugs $79.4M 2 F2g | $70.0M | Series E Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details 31▼20 Weather Analytics Software $73.7M 3 Jupiter | $54.0M | Series C Link 32▼33 Smart Glass Windows $60.4M 3 Gauzy | $60.0M | Series D Link 33-- Monitoring of Industrial Emission $60.3M 3 Kayrros | $44.1M | Series C Link 34-- HVAC as a Service $59.5M 2 BlocPower | $30.0M | Series B Link 35-- Software for Solid Waste Management $57.2M 4 ServiceCore | $54.0M | Series B Link 36-- Reproductive Diseases Drugs $56.6M 3 Sprout Pharm.. | $25.1M | Series D Link 37▼3 Commercial HVAC Management System $55.8M 8 BrainBox AI | $30.0M | Series A Link 38▲5 Data Intelligence for Emissions $52.2M 5 Circulor | $25.0M | Series B Link 39-- Electric Utility Customer Consumption Analytics $50.5M 7 Bidgely | $26.0M | Series C Link 40▲12 Satellite Based Power Line Inspection $50.3M 3 AiDash | $27.0M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details 41-- Smart LED Lights $47.1M 3 Yeelight | $47.1M | Series E Link 42▲4 Flexibility Services Marketplace $41.3M 2 Sympower | $22.3M | Series C Link 43-- Industrial Emission Control System $40.2M 4 FUELSAVE | $33.8M | Series C Link 44▲37 Textile Waste Recycling Technologies $36.6M 2 Ambercycle | $21.6M | Series A Link 45-- Solar Sales and Design Software $36.2M 4 Aurora Solar | $200M | Series D Link 46▲39 Flywheel Renewable Energy Storage System $36.1M 4 Chakratec | $30.0M | Series C Link 47▼25 Green Building Developers $33.6M 5 Nolithe | $20.3M | Series B Link 48▲10 Industrial Wastewater Treatment Nano Membranes $33.4M 1 ZwitterCo | $33.4M | Series C Link 49▼18 Smart Street Lighting Control System $31.3M 1 Ubicquia | $31.3M | Series C Link 50-- OLED Lighting Products $30.5M 2 Zhejiang Zho.. | $15.6M | Series A Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Carbon Sequestration through Adsorption 01 9 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $753M (▲ >10K%) 8(▲33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $1.1B 22 - 25 4 Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Carbon Management (LanzaTech) (# Cos: 671 | $4.5B) Carbon Capture (Carbon Clean) (# Cos: 174 | $3.2B) Carbon Sequestration (Solugen) (# Cos: 39 | $1.5B) Adsorption (Climeworks) (# Cos: 25 | $1.1B) Climeworks (2009, Switzerland, $762M) Svante (2007, Canada, $175M) Heirloom (2020, United States, $53.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Climeworks (2009, Switzerland) $650M - Series E - Apr 2022 Heirloom (2020, United States) $53.0M - Series A - Mar 2022 CarbonCapture (2000, United States) $35.0M - Series A - Oct 2021 Sustaera (2021, United States) $10.0M - Series A - Dec 2021 Seabound (2021, United Kingdom) $4.4M - Seed - May 2022 $125K - Seed - Apr 2022 AirMyne (2022, United States) $125K - Seed - Mar 2022 View all 8 Funding Rounds on Tracxn Platform
  10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Persefoni (2020, United States) $101M - Series B - Oct 2021 Sweep (2020, France) $73.0M - Series B - Apr 2022 $22.0M - Series A - Dec 2021 ClimeCo Green (2009, United States) $50.0M - PE - Apr 2022 ZeroNorth (2014, Denmark) $50.0M - Series B - Jun 2022 Normative (2014, Sweden) $31.7M - Series B - Jul 2022 Greenly (2019, France) $23.0M - Series A - Apr 2022 View all 34 Funding Rounds on Tracxn Platform Carbon Footprint Awareness 02 10 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Carbon Management (Carbon Clean) (# Cos: 671 | $4.5B) Carbon Footprint Awareness (ZeroNorth) (# Cos: 262 | $575M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $389M (▲1108%) 34(▲278%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $575M 81 - 262 10 ZeroNorth (2014, Denmark, $60.5M) PlanA (2016, Germany, $13.0M) Sweep (2020, France, $100M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds COVID-19 Drugs 03 11 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $385M (▼44.5%) 7(▼46.2%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $1.7B 51 9 97 13 Infectious Diseases (Cepheid) (# Cos: 2070 | $31.0B) Drugs (Adaptive Biotechnologies) (# Cos: 1145 | $26.1B) Viral (Moderna) (# Cos: 538 | $13.9B) COVID-19 (NantKwest) (# Cos: 97 | $1.7B) NantKwest (2002, United States, $147M) GigaGen (2011, United States, $36.1M) Adagio (2020, United States, $466M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. RVAC Medicines (2021, United States) $140M - Series B - Apr 2022 Shenxin Bio (2019, China) $120M - Series B - Mar 2022 Ashvattha The.. (2019, United States) $69.0M - Series B - Apr 2022 Apogenix (2005, Germany) $29.4M - Series B - Dec 2021 Ethris (2009, Germany) $26.3M - Series B - Feb 2022 Aerium Therap.. (2022, United States) Undisclosed - Series A - Mar 2022 Touchlight (2008, United Kingdom) Undisclosed - Series B - Sep 2021
  12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial Building Energy Management System 04 12 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $312M (▲132%) 33(▲10%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 86 $3.3B 332 10 1025 36 Energy Efficiency Tech (Octopus Energy) (# Cos: 6472 | $22.6B) Energy Management System (Schneider Electric) (# Cos: 2751 | $8.1B) Building Automation Systems (Alarm.com) (# Cos: 1737 | $5.5B) BEMS (MRI Software) (# Cos: 1025 | $3.3B) MRI Software (1971, United States, $125M) Landis+Gyr (1896, Switzerland, $1.0B) GridPoint (2003, United States, $539M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. OfficeSpace S.. (2004, United States) $150M - PE - Jan 2022 GridPoint (2003, United States) $75.0M - Series G - Mar 2022 TMA Systems (1998, United States) $68.0M - Series C - Oct 2021 Measurabl (2013, United States) $50.0M - Series C - Sep 2021 Willow (2017, Australia) $43.0M - Series A - Sep 2021 Cohesion (2018, United States) $15.0M - Series A - Nov 2021 Operto (2005, Canada) $12.0M - Series A - Feb 2022 View all 33 Funding Rounds on Tracxn Platform
  13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Enerkem (2000, Canada) $255M - Series H - Apr 2022 LanzaTech (2005, United States) $30.0M - Series E - Dec 2021 Sistema (2009, Kenya) $15.6M - Series B - Jan 2022 Cetogenix (2022, New Zealand) $4.5M - Seed - Jul 2022 Bio-bean (2013, United Kingdom) $485K - Series A - Sep 2021 Kvasir Technologies (2018, Denmark) $31.2K - Seed - Oct 2021 WasteFuel (2019, United States) Undisclosed - Seed - Sep 2021 View all 8 Funding Rounds on Tracxn Platform Waste To Fuel 05 13 Back to index Solid Waste Management Tech (AMP Robotics) (# Cos: 1515 | $7.8B) Waste-To-Energy (GPS Renewables) (# Cos: 168 | $3.3B) Fuel (LanzaTech) (# Cos: 113 | $2.4B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $305M (▲ >10K%) 8(▼11.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $2.4B 63 2 113 11 LanzaTech (2005, United States, $369M) Chromatin (2000, United States, $122M) Joule Unlimited (2007, United States, $190M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Watershed (2019, United States) $70.0M - Series B - Feb 2022 Flow Carbon (2021, United States) $70.0M - Series A - May 2022 Pachama (2018, United States) $55.0M - Series B - May 2022 NCX (2010, United States) $50.0M - Series B - Mar 2022 Carbonext (2010, Brazil) $38.0M - Series B - Jul 2022 Sylvera (2020, United Kingdom) $32.6M - Series A - Jan 2022 Patch (2020, United States) $20.8M - Series A - Sep 2021 View all 32 Funding Rounds on Tracxn Platform Carbon Offset Trading 06 14 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Carbon Management (Carbon Clean) (# Cos: 671 | $4.5B) Carbon Offset Trading Platforms (Sylvera) (# Cos: 227 | $585M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $304M (▲382%) 32(▲28%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 7 $585M 84 1 227 10 Sylvera (2020, United Kingdom, $40.4M) Planetly (2019, Germany, $5.7M) Flow Carbon (2021, United States, $70.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Span.IO (2014, United States) $90.0M - Series B - Jan 2022 Autogrid (2011, United States) $85.0M - Series D - Oct 2021 GridPoint (2003, United States) $75.0M - Series G - Mar 2022 Virtual Peaker (2015, United States) $16.6M - Series A - Feb 2022 Evergen (2015, Australia) $10.5M - Series B - Jun 2022 node.energy (2017, Germany) $7.1M - Series A - Jul 2022 Microgrid Labs (2014, United States) $2.3M - Seed - Dec 2021 View all 11 Funding Rounds on Tracxn Platform Distributed Energy Resources Management Software 07 15 Back to index Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Distributed Energy Resources (Bboxx) (# Cos: 257 | $2.6B) DERs Management (Autogrid) (# Cos: 102 | $1.2B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $291M (▲139%) 11(▲37.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 16 $1.2B 57 2 102 8 Autogrid (2011, United States, $160M) GridPoint (2003, United States, $539M) Span.IO (2014, United States, $134M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Drug Resistant Infections 08 16 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $266M (▼12.6%) 14(▲7.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 25 $3.9B 162 25 214 23 Infectious Diseases (Adaptive Biotechnologies) (# Cos: 2070 | $31.0B) Drugs (Moderna) (# Cos: 1145 | $26.1B) Bacterial (Locus Biosciences) (# Cos: 335 | $5.4B) Drug Resistant Infections (Spero Therapeutics) (# Cos: 214 | $3.9B) Spero Therapeutics (2013, United States, $115M) Locus Biosciences (2015, United States, $67.3M) Paratek Pharma (1996, United States, $96.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. TenNor Therapeutics (2013, China) $41.5M - Series D - Mar 2022 Micreos (2005, Netherlands) $37.3M - Series D - Sep 2021 Locus Bioscie.. (2015, United States) $35.0M - Series B - May 2022 VenatoRx (2010, United States) $34.0M - Series C - Apr 2022 Centauri The.. (2014, United Kingdom) $32.5M - Series A - Feb 2022 Bioversys (2008, Switzerland) $24.9M - Series C - Jun 2022 Adaptive Phag.. (2016, United States) $20.0M - Series B - Apr 2022 View all 14 Funding Rounds on Tracxn Platform
  17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Affordable Housing Developers 09 17 Back to index Affordable Housing (Aptus Value Housing Finance India) (# Cos: 3908 | $1.9B) Developers (Great Places) (# Cos: 2825 | $759M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $266M (▲56%) 9(▲350%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 19 $759M 102 5 2825 2 Great Places (1972, United Kingdom, $24.8M) Pocket (2005, United Kingdom, $5.7M) Planet Smart City (2015, United Kingdom, $233M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. BRIDGE (1983, United States) $250M - Series D - Jul 2022 Planet Smart.. (2015, United Kingdom) $181M - Series C - Feb 2022 Pahlisch Homes (1983, United States) $6.7M - Series A - Jul 2022 Pronto (2020, United States) $2.5M - Seed - Mar 2022 $2.5M - Seed - Nov 2021 S.I. Containe.. (2021, United States) $1.7M - Seed - Apr 2022 Zander Park A.. (2020, United States) $1.4M - Seed - Jul 2022 View all 9 Funding Rounds on Tracxn Platform
  18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Lancium (2014, United States) $150M - Series D - Nov 2021 OhmConnect (2013, United States) $55.0M - Series D - Jun 2022 Leap (2017, United States) $33.5M - Series B - Oct 2021 EnPowered (2015, Canada) $8.6M - Seed - Sep 2021 FlexiDAO (2017, Spain) $6.3M - Series A - Jul 2022 Copper Labs (2012, United States) $5.5M - Series A - Mar 2022 Helix Power (2013, United States) $100K - Seed - Nov 2021 View all 9 Funding Rounds on Tracxn Platform Energy Demand Response Management Solutions 10 18 Back to index Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Utility Management (Tendril) (# Cos: 714 | $2.0B) Demand Response Management (EcoFactor) (# Cos: 167 | $943M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $259M (▲932%) 9(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 33 $943M 75 4 167 9 EcoFactor (2006, United States, $31.1M) Enernoc (2001, United States, $7.8M) Leap (2017, United States, $41.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Compressed Air Renewable Energy Storage System 11 19 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $258M (▲2805%) 4(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $465M 16 - 27 3 Renewable Energy Tech (SolarEdge) (# Cos: 2700 | $18.7B) Horizontal (LevelTen Energy) (# Cos: 499 | $3.2B) Energy Storage (Ambri) (# Cos: 101 | $1.4B) Compressed Air (Hydrostor) (# Cos: 27 | $465M) Hydrostor (2010, Canada, $295M) Cheesecake Energy (2016, United Kingdom, $5.6M) LightSail Energy (2009, United States, $43.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Hydrostor (2010, Canada) $250M - Series D - Jan 2022 Cheesecake E.. (2016, United Kingdom) $4.3M - Seed - Aug 2022 $1.4M - Seed - Sep 2021 Green-Y (2018, Switzerland) $2.2M - Series A - Dec 2021
  20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Lithium Battery Recyclers 12 20 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $241M (▼66.7%) 7(▲40%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $1.0B 14 2 18 3 Solid Waste Management Tech (LanzaTech) (# Cos: 1515 | $7.8B) Recycling (AMP Robotics) (# Cos: 450 | $2.9B) Tech Enabled Recyclers (Re:newcell) (# Cos: 106 | $1.6B) Lithium (Redwood Materials) (# Cos: 18 | $1.0B) Redwood Materials (2017, United States, $792M) Lithion Recycling (2018, Canada, $15.0M) American Manganese (1987, Canada) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ascend Elements (2015, United States) $101M - Series D - Aug 2022 Battery Resou.. (2016, United States) $70.0M - Series B - Oct 2021 Redwood Mater.. (2017, United States) $50.0M - Series C - Sep 2021 Lithion Recycling (2018, Canada) $15.0M - Series B - Apr 2022 Undisclosed - Series A - Jan 2022 Posh Robotics (2021, United States) $3.8M - Seed - Jun 2022 NEU Battery Mater.. (2021, Singapore) $577K - Seed - Jun 2022
  21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Microfinance Providers 13 21 Back to index Microfinance (Fusion Microfinance) (# Cos: 657 | $3.3B) Microcredit (Bharat Financial Inclusion) (# Cos: 646 | $3.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $218M (▼19.3%) 10(▼9.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 24 $3.3B 163 12 646 8 Bharat Financial Inclu.. (1997, India, $144M) Fusion Microfinance (2010, India, $202M) Spandana (1956, India, $192M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Muthoot Microfin (2010, India) $49.8M - Series B - Dec 2021 Belstar Investment an.. (1988, India) $37.5M - Series D - Mar 2022 $47.2M - Series D - Aug 2021 Annapurna Finance (2009, India) $15.0M - Series E - Jun 2022 $35.0M - Series E - Dec 2021 $20.2M - Series E - Nov 2021 Satyamicrocapital (2016, India) $7.0M - Series C - Jun 2022 View all 10 Funding Rounds on Tracxn Platform
  22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Hepatitis Drugs 14 22 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $216M (▲106%) 5(▲66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $1.7B 38 8 50 3 Infectious Diseases (Cepheid) (# Cos: 2070 | $31.0B) Drugs (Adaptive Biotechnologies) (# Cos: 1145 | $26.1B) Viral (Moderna) (# Cos: 538 | $13.9B) Hepatitis (Finch Therapeutics) (# Cos: 50 | $1.7B) Finch Therapeutics (2004, United States, $184M) Aligos Therapeutics (2018, United States, $225M) Brii Biosciences (2018, United States, $515M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Brii Bioscien.. (2018, United States) $100M - Series D - Sep 2021 Ancora Biotech (2021, United States) $60.0M - Series A - Jun 2022 Bluejay Thera.. (2021, United States) $41.0M - Series B - Aug 2022 Shanghai Hepu Pharmac.. (2013, China) $14.9M - Series A - Jul 2022 Shanghai Auson Pharma.. (2019, China) Undisclosed - Series B - Aug 2022
  23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial Building Energy Monitoring System 15 23 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $205M (▲45.9%) 4(▼78.9%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 29 $1.1B 157 9 593 10 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Energy Monitoring System (ServiceChannel) (# Cos: 1099 | $1.9B) Building Monitoring (Plentific) (# Cos: 932 | $1.4B) Commercial (AppFolio) (# Cos: 593 | $1.1B) AppFolio (2006, United States, $30.0M) Plentific (2013, United Kingdom, $144M) ServiceChannel (1999, United States, $56.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Deepki (2014, United Kingdom) $166M - Series C - Mar 2022 Sternum (2018, Israel) $27.0M - Series B - Sep 2021 Logical Build.. (2012, United States) $10.0M - Series D - Dec 2021 Beacon Power Services (2010, Nigeria) $2.7M - Seed - Aug 2022
  24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Plastic Waste Recyclers 16 24 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $168M (▲ >10K%) 2(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $201M 16 2 40 1 Solid Waste Management Tech (LanzaTech) (# Cos: 1515 | $7.8B) Recycling (AMP Robotics) (# Cos: 450 | $2.9B) Tech Enabled Recyclers (Redwood Materials) (# Cos: 106 | $1.6B) Plastic (Banyan Nation) (# Cos: 40 | $201M) Banyan Nation (2013, India, $10.0M) Plastic Energy (2017, United Kingdom, $168M) QuantaFuel (2014, Norway, $21.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Plastic Energy (2017, United Kingdom) $168M - Series A - Nov 2021 CARBOLIQ (2017, Germany) Undisclosed - Seed - Mar 2022
  25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds H2O Securities (2021, South Africa) $150M - Series D - May 2022 Ketos (2015, United States) $8.3M - Series C - Jun 2022 Faclon Labs (2016, India) $224K - Series A - Jun 2022 Water Grid Distribution Intelligence 17 25 Back to index Water and Wastewater Management Tech (SUEZ) (# Cos: 1421 | $3.5B) Smart Water Grids (WaterSmart Environmental) (# Cos: 82 | $247M) Distribution Intelligence (Ketos) (# Cos: 31 | $204M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $159M (▲655%) 3(▼40%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $204M 18 - 31 4 Ketos (2015, United States, $34.8M) Kando (2012, Israel, $16.0M) Faclon Labs (2016, India, $1.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Affordable Housing Loans 18 26 Back to index Affordable Housing (Deewan Housing Finance Corporation) (# Cos: 3908 | $1.9B) Financing (Aptus Value Housing Finance India) (# Cos: 166 | $1.1B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $158M ( -- ) 5( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 8 $1.1B 23 8 166 4 Aptus Value Housing Fi.. (2009, India, $196M) Deewan Housing Finance.. (1984, India) India Shelter Finance .. (2010, India, $111M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Shubham (2010, India) $112M - Series D - Jun 2022 Ummeed Housing Finance (2016, India) $21.3K - Angel - Oct 2021 $36.6M - Series E - Sep 2021 Aviom (2016, India) $8.0M - Series C - Oct 2021 Brazos Reside.. (2021, United States) $1.3M - Seed - Jun 2022
  27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Robotic Solid Waste Sorting 19 27 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $139M (▲131%) 7(▲133%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $285M 16 - 25 3 Solid Waste Management Tech (LanzaTech) (# Cos: 1515 | $7.8B) Recycling (Redwood Materials) (# Cos: 450 | $2.9B) Automated Sorting (Greyparrot) (# Cos: 39 | $312M) Robots (AMP Robotics) (# Cos: 25 | $285M) AMP Robotics (2015, United States, $149M) ZenRobotics (2007, Finland, $17.1M) Smarter Sorting (2015, United States, $62.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AMP Robotics (2015, United States) $71.2M - Series C - Jul 2022 Smarter Sorting (2015, United States) $7.0M - Series B - Aug 2022 $25.0M - Series B - Mar 2022 Everest Labs (2018, United States) $16.1M - Series B - Jul 2022 Gongye Technology (2018, China) $14.9M - Series A - Jul 2022 Undisclosed - Seed - Oct 2021 Glacier (2019, United States) $4.5M - Seed - Apr 2022
  28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Home Energy Management System 20 28 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $138M (▲57.9%) 4(▼63.6%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $987M 65 3 228 12 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Energy Management System (SmartRent) (# Cos: 2752 | $8.1B) Building Automation Systems (Schneider Electric) (# Cos: 1738 | $5.5B) HEMS (Alarm.com) (# Cos: 228 | $987M) Alarm.com (2000, United States, $137M) SmartRent (2017, United States, $138M) Tendril (2004, United States, $235M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Tibber (2016, Sweden) $100M - Series C - Mar 2022 Bidgely (2011, United States) $26.0M - Series C - Sep 2021 Sunverge (2009, United States) $10.3M - Series C - Mar 2022 Tether (2016, New Zealand) $1.8M - Seed - Sep 2021
  29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Microgrid Operators 21 29 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $136M (▼12.3%) 3(▼57.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $801M 29 1 55 8 Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Distributed Energy Resources (Autogrid) (# Cos: 257 | $2.6B) Microgrid (Husk Power Systems) (# Cos: 128 | $920M) Operators (Bboxx) (# Cos: 55 | $801M) Bboxx (2005, United Kingdom, $65.0M) Husk Power Systems (2008, India, $32.1M) Scale Microgrid Soluti.. (2016, United States, $300M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. VoltaGrid (2020, United States) $100M - Series C - Dec 2021 David Energy (2016, United States) $20.5M - Series A - Mar 2022 Bboxx (2005, United Kingdom) $15.0M - Series D - May 2022
  30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sense (2013, United States) $105M - Series C - Apr 2022 Comgy (2016, Germany) $29.0M - Series B - Nov 2021 SparkMeter (2013, United States) $10.0M - Series A - Mar 2022 Smart Energy Meters 22 30 Back to index Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Advanced Metering Infrastructure (CyanConnode) (# Cos: 665 | $1.3B) Smart Meters (Sense) (# Cos: 389 | $671M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $134M (▲1318%) 3(▼62.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 19 $671M 64 9 389 6 Sense (2013, United States, $172M) Energy Assets (2005, United Kingdom) Discovergy (2009, Germany, $8.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Fibre Waste Recyclers 23 31 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $130M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $217M 10 1 11 3 Solid Waste Management Tech (LanzaTech) (# Cos: 1515 | $7.8B) Recycling (AMP Robotics) (# Cos: 450 | $2.9B) Tech Enabled Recyclers (Redwood Materials) (# Cos: 106 | $1.6B) Fibre (Re:newcell) (# Cos: 11 | $217M) Re:newcell (2012, Sweden, $11.0M) Infinited Fiber (2016, Finland, $39.9M) Recover (1947, Spain, $100M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Recover (1947, Spain) $100M - Series D - Jun 2022 Circ (2011, United States) $30.0M - Series B - Jul 2022
  32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds BillionToOne (2015, United States) Undisclosed - Series B - Mar 2022 $125M - Series C - Mar 2022 Luna Genetics (2018, United States) $665K - Seed - Dec 2021 Prenatal Diagnostic Tests 24 32 Back to index Women Health (Hologic) (# Cos: 794 | $7.0B) In Vitro Diagnostic Tests (Progenity) (# Cos: 137 | $1.6B) Prenatal (Natera) (# Cos: 44 | $876M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $126M (▲119%) 3(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $876M 27 6 44 1 Natera (2004, United States, $152M) Progenity (2011, United States, $217M) BillionToOne (2015, United States, $210M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Saildrone (2012, United States) $100M - Series C - Oct 2021 Terradepth (2018, United States) $20.0M - Series B - Apr 2022 Waterbody Inspection Services 25 33 Back to index Water and Wastewater Management Tech (SUEZ) (# Cos: 1421 | $3.5B) Water Bodies Conservation (Select Energy Services) (# Cos: 139 | $437M) Underwater Inspection Services (Terradepth) (# Cos: 14 | $236M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $120M (▲678%) 2(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $236M 8 - 14 4 Terradepth (2018, United States, $28.0M) Saildrone (2012, United States, $190M) Planys Technologies (2015, India, $4.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Solar Project Development Services Marketplace 26 34 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M (▲188%) 2(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $229M 33 - 86 5 Renewable Energy Tech (First Solar) (# Cos: 2700 | $18.7B) Solar Energy (SolarEdge) (# Cos: 1413 | $10.7B) ECommerce (Enpal) (# Cos: 120 | $850M) Project Development Services (EnergySage) (# Cos: 86 | $229M) Marketplace (Solfácil) (# Cos: 86 | $229M) Solfácil (2018, Brazil, $135M) EnergySage (2009, United States, $6.4M) MYSUN (2015, India, $9.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Solfácil (2018, Brazil) $100M - Series C - Apr 2022 SafEarth (2018, India) Undisclosed - Seed - Dec 2021
  35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Data Center Energy Management Systems 27 35 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 26 $710M 60 7 143 7 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Energy Management System (Schneider Electric) (# Cos: 2752 | $8.1B) Building Automation Systems (Alarm.com) (# Cos: 1738 | $5.5B) IEMS (Device42) (# Cos: 294 | $1.1B) Data Center (Asetek) (# Cos: 143 | $710M) Asetek (1997, Denmark, $34.0M) Device42 (2010, United States, $38.5M) Virtual Power Systems (2012, United States, $46.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Liqid (2013, United States) Undisclosed - Series C - May 2022 $100M - Series C - Nov 2021
  36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Thermal Renewable Energy Storage System 28 36 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $97.1M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $97.2M 3 - 3 2 Renewable Energy Tech (SolarEdge) (# Cos: 2700 | $18.7B) Horizontal (LevelTen Energy) (# Cos: 499 | $3.2B) Energy Storage (Ambri) (# Cos: 101 | $1.4B) Thermal (Antora Energy) (# Cos: 3 | $97.2M) Antora Energy (2017, United States, $50.1M) Rondo Energy (2020, United States, $47.1M) Kelvin Thermal Energy (2013, Canada) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Antora Energy (2017, United States) $50.0M - Series A - Feb 2022 Rondo Energy (2020, United States) $25.1M - Series B - Jun 2022 $22.0M - Series A - Feb 2022
  37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Blockchain Based Carbon Trading Platform 29 37 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $89.7M (▲548%) 5( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $109M 17 - 55 2 Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Carbon Management (Carbon Clean) (# Cos: 671 | $4.5B) Carbon Offset Trading Platforms (Sylvera) (# Cos: 227 | $585M) Blockchain Enabled (Flow Carbon) (# Cos: 55 | $109M) Flow Carbon (2021, United States, $70.0M) ClimateTrade (2016, Spain, $9.1M) Spark Change (2018, United Kingdom, $4.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Flow Carbon (2021, United States) $70.0M - Series A - May 2022 MOSS (2020, Brazil) $10.0M - Series A - Feb 2022 AirCarbon (2019, Singapore) $5.0M - Series A - Mar 2022 Solid World (2021, Estonia) $2.5M - Seed - May 2022 Handprint (2019, Singapore) $2.2M - Seed - Mar 2022
  38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds F2g (1998, United Kingdom) $70.0M - Series E - Aug 2022 Hallux (2012, United States) $9.4M - Series A - Apr 2022 Anti Fungal Drugs 30 38 Back to index Infectious Diseases (Adaptive Biotechnologies) (# Cos: 2070 | $31.0B) Drugs (Moderna) (# Cos: 1145 | $26.1B) Fungal (Scynexis) (# Cos: 26 | $744M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $79.4M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $744M 19 4 26 1 Scynexis (1999, United States, $62.7M) Amplyx Pharmaceuticals (2006, United States, $144M) F2g (1998, United Kingdom, $253M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Jupiter (2017, United States) $54.0M - Series C - Sep 2021 Meteomatics (2012, Switzerland) $14.1M - Series B - Jun 2022 Salient Predi.. (2017, United States) $5.6M - Series A - May 2022 Weather Analytics Software 31 39 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Weather Forecasting (Tomorrow.io) (# Cos: 269 | $524M) Weather Analytics (Jupiter) (# Cos: 14 | $222M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $73.7M (▼34.2%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $222M 10 - 14 2 Jupiter (2017, United States, $86.0M) ClimateAI (2017, United States, $16.0M) Meteomatics (2012, Switzerland, $14.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Smart Glass Windows 32 40 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.4M (▼91.5%) 3(▼57.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $3.9B 13 2 16 4 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Lighting Products (EcoSense Lighting) (# Cos: 1511 | $7.5B) Daylighting (ChromoGenics) (# Cos: 28 | $3.9B) Smart Glasses (View) (# Cos: 16 | $3.9B) View (2007, United States, $3.5B) ChromoGenics (2003, Sweden, $15.8M) Heliotrope (2012, United States, $1.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Gauzy (2009, Israel) $60.0M - Series D - Feb 2022 Andluca Techn.. (2017, United States) $400K - Seed - Sep 2021 Ambilight (2017, United States) Undisclosed - Series C - Nov 2021
  41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Monitoring of Industrial Emission 33 41 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.3M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $227M 7 - 8 3 Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Emission Management (Daphne Technology) (# Cos: 142 | $724M) Monitoring (GHGSat) (# Cos: 26 | $238M) Industrial Sites (Kayrros) (# Cos: 8 | $227M) Kayrros (2016, France, $79.5M) GHGSat (2011, Canada, $101M) Kairos Aerospace (2013, United States, $45.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Kayrros (2016, France) $44.1M - Series C - Mar 2022 GHGSat (2011, Canada) $16.1M - Series B - Nov 2021 Earthview (2019, United States) Undisclosed - Seed - Apr 2022
  42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds BlocPower (2012, United States) $30.0M - Series B - Jan 2022 Sealed (2012, United States) $29.5M - Series B - Apr 2022 HVAC as a Service 34 42 Back to index Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) ESCO (WattBuy) (# Cos: 556 | $680M) HVAC as a Service (BlocPower) (# Cos: 2 | $100M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $59.5M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $100M 2 - 2 2 BlocPower (2012, United States, $49.8M) Sealed (2012, United States, $50.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Software for Solid Waste Management 35 43 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $57.2M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $217M 37 1 156 2 Solid Waste Management Tech (AMP Robotics) (# Cos: 1515 | $7.8B) Collection (Rubicon) (# Cos: 748 | $1.4B) Software Solutions (Resourcify) (# Cos: 243 | $237M) Waste Collectors IT (ReCollect) (# Cos: 184 | $236M) Suite (AMCS) (# Cos: 156 | $217M) AMCS (2004, Ireland, $143M) ReCollect (2009, Canada) Evreka (2014, Turkey, $3.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ServiceCore (2003, United States) $54.0M - Series B - Feb 2022 Evreka (2014, Turkey) $2.2M - Seed - Jan 2022 EcoTree (2017, Romania) $502K - Seed - Nov 2021 Waste Labs (2020, Singapore) $500K - Seed - Oct 2021
  44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sprout Pharma.. (2011, United States) $25.1M - Series D - May 2022 Gameto (2020, United States) $20.0M - Series A - Jan 2022 Oviva Therape.. (2021, United States) $11.5M - Seed - May 2022 Reproductive Diseases Drugs 36 44 Back to index Women Health (Hologic) (# Cos: 794 | $7.0B) Drugs (Evofem) (# Cos: 127 | $1.6B) Reproductive Diseases (Forendo Pharma) (# Cos: 34 | $477M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $56.6M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $477M 22 4 34 2 Forendo Pharma (2013, Finland, $25.6M) OvaScience (2011, United States, $77.2M) ObsEva (2012, Switzerland, $94.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial HVAC Management System 37 45 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $55.8M (▲112%) 8( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $349M 86 2 213 9 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Energy Management System (Alarm.com) (# Cos: 2752 | $8.1B) HVAC Management (ecobee) (# Cos: 423 | $792M) Commercial (BrainBox AI) (# Cos: 213 | $349M) BrainBox AI (2017, Canada, $57.9M) Smart Joules (2014, India, $6.7M) Optimum Energy (2005, United States, $40.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. BrainBox AI (2017, Canada) $30.0M - Series A - Jul 2022 $19.4M - Series A - Oct 2021 Axiom Cloud (2014, United States) $2.5M - Seed - Nov 2021 ConnectM (2007, United States) $2.1M - Series A - Mar 2022 Vilisto (2016, Germany) $1.7M - Seed - Jan 2022 Clairco (2018, India) $187K - Seed - Feb 2022 Ecosync (2018, United Kingdom) Undisclosed - Seed - Oct 2021 View all 8 Funding Rounds on Tracxn Platform
  46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Circulor (2017, United Kingdom) $25.0M - Series B - Jun 2022 Altruistiq (2016, United States) $18.0M - Seed - Jul 2022 Pathzero (2020, Australia) $5.0M - Series A - Oct 2021 Optera (2006, United States) $4.2M - Series A - Feb 2022 Carbon Balance Techno.. (2021, China) Undisclosed - Angel - Feb 2022 Data Intelligence for Emissions 38 46 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Emission Management (Kayrros) (# Cos: 142 | $724M) Data Intelligence (Circulor) (# Cos: 58 | $108M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $52.2M (▲190%) 5(▼16.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $108M 16 - 58 3 Circulor (2017, United Kingdom, $45.0M) Pathzero (2020, Australia, $5.7M) CoolPlanet (2009, Ireland, $31.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Electric Utility Customer Consumption Analytics 39 47 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $50.5M ( -- ) 7( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 17 $599M 71 1 271 11 Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Utility Management (EcoFactor) (# Cos: 714 | $2.0B) Customer Engagement (Bidgely) (# Cos: 317 | $678M) Energy Consumption Analytics (Tendril) (# Cos: 271 | $599M) Tendril (2004, United States, $235M) Bidgely (2011, United States, $87.7M) Verdigris (2011, United States, $31.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Bidgely (2011, United States) $26.0M - Series C - Sep 2021 UtilityAPI (2014, United States) $11.0M - Series A - May 2022 Logical Build.. (2012, United States) $10.0M - Series D - Dec 2021 Midori (2011, Italy) $2.0M - Seed - Oct 2021 Verdigris (2011, United States) $1.1M - Series B - Dec 2021 ThingsCloud (2014, India) $373K - Seed - Feb 2022 Metry (2012, Sweden) Undisclosed - Series A - Jun 2022
  48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Satellite Based Power Line Inspection 40 48 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $50.3M (▲313%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $69.2M 4 - 5 3 Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Grid Management (BluWave-ai) (# Cos: 404 | $1.3B) Power Line Inspection (LiveEO) (# Cos: 21 | $88.1M) Satellite Based (AiDash) (# Cos: 5 | $69.2M) AiDash (2019, United States, $33.0M) LiveEO (2017, Germany, $25.6M) Overstory (2018, United States, $5.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AiDash (2019, United States) $27.0M - Series B - Oct 2021 LiveEO (2017, Germany) $19.4M - Series B - Aug 2022 Overstory (2018, United States) $3.9M - Seed - Nov 2021
  49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Smart LED Lights 41 49 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $47.1M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 29 $1.0B 152 14 1277 11 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Lighting Products (Nanoleaf) (# Cos: 1511 | $7.5B) LED (Acuity Brands) (# Cos: 1301 | $1.4B) Smart Lights (EcoSense Lighting) (# Cos: 1277 | $1.0B) EcoSense Lighting (2008, United States, $101M) Acuity Brands (2001, United States) Nanoleaf (2012, Canada, $2.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Yeelight (2013, China) $47.1M - Series E - Dec 2021 Plantalux (2016, Poland) $1.4M - Seed - Jan 2022 Sollum Technologies (2015, Canada) Undisclosed - Series A - Feb 2022
  50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sympower (2015, Estonia) $22.3M - Series C - Jul 2022 Recurve (2004, United States) $19.0M - Series C - May 2022 Flexibility Services Marketplace 42 50 Back to index Smart Grid (Octopus Energy) (# Cos: 2252 | $11.6B) Flexibility Services (Packetized Energy) (# Cos: 9 | $98.0M) Marketplace (Recurve) (# Cos: 5 | $75.8M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $41.3M (▲175%) 2(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $75.8M 3 - 5 2 Recurve (2004, United States, $33.0M) Sympower (2015, Estonia, $33.0M) Piclo (2013, United Kingdom, $9.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Industrial Emission Control System 43 51 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $40.2M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $48.2M 13 2 17 0 Air Pollution Management Tech (iRobot) (# Cos: 1574 | $6.7B) Emission Management (Kayrros) (# Cos: 142 | $724M) Control (Daphne Technology) (# Cos: 58 | $377M) Industrial (ClearSign) (# Cos: 17 | $48.2M) ClearSign (2008, United States, $1.2M) FUELSAVE (2012, Germany, $37.8M) ThermoAI (2017, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. FUELSAVE (2012, Germany) $33.8M - Series C - Jun 2022 $4.0M - Series A - Sep 2021 NitroCapt (2021, Sweden) $2.0M - Seed - Feb 2022 Dhruva (2021, India) $401K - Seed - May 2022
  52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Textile Waste Recycling Technologies 44 52 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $36.6M (▲2193%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $68.7M 5 - 5 2 Solid Waste Management Tech (LanzaTech) (# Cos: 1515 | $7.8B) Recycling (AMP Robotics) (# Cos: 450 | $2.9B) Technology Providers (Lohum) (# Cos: 114 | $292M) Textile Recycling (Evrnu) (# Cos: 5 | $68.7M) Evrnu (2014, United States, $26.0M) Ambercycle (2013, United States, $27.0M) Worn Again (2005, United Kingdom, $15.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ambercycle (2013, United States) $21.6M - Series A - Jan 2022 Evrnu (2014, United States) $15.0M - Series B - Oct 2021
  53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Aurora Solar (2013, United States) $200M - Series D - Feb 2022 PVcase (2017, Lithuania) $23.2M - Series A - Oct 2021 Quativa (2016, United States) $7.0M - Series A - Nov 2021 RatedPower (2016, Spain) $6.0M - Series A - Oct 2021 Solar Sales and Design Software 45 53 Back to index Renewable Energy Tech (First Solar) (# Cos: 2700 | $18.7B) Solar Energy (SolarEdge) (# Cos: 1413 | $10.7B) Solar Sales and Design Software (Aurora Solar) (# Cos: 165 | $670M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $36.2M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 8 $670M 53 - 165 7 Aurora Solar (2013, United States, $537M) Angaza (2010, United States, $30.0M) RatedPower (2016, Spain, $6.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Flywheel Renewable Energy Storage System 46 54 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $36.1M (▲3095%) 4(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $191M 26 2 41 2 Renewable Energy Tech (SolarEdge) (# Cos: 2700 | $18.7B) Horizontal (LevelTen Energy) (# Cos: 499 | $3.2B) Energy Storage (Ambri) (# Cos: 101 | $1.4B) Flywheel (Vycon) (# Cos: 41 | $191M) Vycon (2002, United States, $29.6M) GKN Driveline (1759, United Kingdom) Helix Power (2013, United States, $100K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Chakratec (2013, Israel) $30.0M - Series C - Mar 2022 Revterra (2018, United States) $6.0M - Series A - Jul 2022 Helix Power (2013, United States) $100K - Seed - Nov 2021 QuinteQ Energy (2013, United States) Undisclosed - Seed - Dec 2021
  55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Green Building Developers 47 55 Back to index Green Buildings (Gerflor) (# Cos: 1254 | $1.2B) Developers (K Raheja Corp) (# Cos: 765 | $643M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $33.6M (▼18.5%) 5(▲66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $643M 51 4 765 2 K Raheja Corp (1956, India) Verto Homes (2010, United Kingdom, $3.1M) Green Canopy (2010, United States, $18.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Nolithe (2019, France) $20.3M - Series B - Aug 2022 Green Canopy (2010, United States) $8.6M - Series C - Nov 2021 Sphera (2019, United Kingdom) $2.6M - Seed - Feb 2022 Snugg Energy (2022, United Kingdom) $1.4M - Seed - Jul 2022 Kvist (2020, Norway) $615K - Seed - Dec 2021
  56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Industrial Wastewater Treatment Nano Membranes 48 56 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $33.4M (▲278%) 1(▼66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $51.7M 13 2 17 1 Water and Wastewater Management Tech (AiDash) (# Cos: 1421 | $3.5B) Water Treatment (Solugen) (# Cos: 234 | $919M) Commercial (SUEZ) (# Cos: 169 | $295M) Nanotech (ZwitterCo) (# Cos: 42 | $65.5M) Membranes (H2O Innovation) (# Cos: 17 | $51.7M) H2O Innovation (2000, Canada) ZwitterCo (2018, United States, $43.3M) ViaeX Technologies (2016, United States, $4.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ZwitterCo (2018, United States) $33.4M - Series C - May 2022
  57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Smart Street Lighting Control System 49 57 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $31.3M (▼2%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 15 $395M 48 1 133 1 Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Energy Management System (Alarm.com) (# Cos: 2752 | $8.1B) Lighting Control (Digital Lumens) (# Cos: 379 | $644M) Street Lighting Control (CIMCON Lighting) (# Cos: 133 | $395M) CIMCON Lighting (1988, United States, $39.3M) Echelon (1988, United States, $16.0M) Telensa (2007, United Kingdom, $18.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ubicquia (2014, United States) $31.3M - Series C - Jan 2022
  58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Zhejiang Zhongling Te.. (2020, China) $14.9M - Series A - Jul 2022 $15.6M - Series A - Oct 2021 OLED Lighting Products 50 58 Back to index Energy Efficiency Tech (Octopus Energy) (# Cos: 6473 | $22.6B) Lighting Products (EcoSense Lighting) (# Cos: 1511 | $7.5B) OLED (OLEDWorks) (# Cos: 43 | $1.4B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $30.5M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $1.4B 21 3 43 2 OLEDWorks (2010, United States, $30.6M) Cynora (2008, Germany, $80.0M) JOLED (2015, Japan, $1.1B) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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