Article

Celtic Renewables raised $13.3 million, half from investors and half from the Scottish government, to develop a $160 million industrial biorefinery in Grangemouth, Scotland. Photoncycle secured $17.5 million for a solid-state hydrogen storage system for households in Denmark and the Netherlands, aiming for production for 140,000 homes by 2027.

Nanomox raised $3.2 million to advance mineral recovery from recycling processes, planning to build a pilot plant to produce metal oxides. The Cleantech Group noted that investment in European cleantech is below early 2020s levels.