Energy and climate deals of the week

Venture capital

• Atoms, an LA-based robotics company led by former Uber CEO Travis Kalanick, raised a $1.7b round led by Andreessen Horowitz. Bain Capital, Fifth Wall and Uber joined. Go deeper

• Sila, an Alameda, Calif.-based battery tech developer, raised $300m led by Atreides Management and Sutter Hill Ventures. 8VC, Bessemer Venture Partners, Matrix Partners, and T. Rowe Price Associates. Go deeper

• Humanoid, a London-based humanoid robotics company, raised $152m in Series A funding at a nearly $1.4b valuation. Prime Movers Lab led, joined by Schaeffler, Bosch, Fubon Financial Holding Venture Capital, and Aglaé Ventures. Go deeper

• Asuene, a Japan-based decarbonization and sustainability management solutions company based in Japan, raised $43.8m in Series D funding led by Decarbonization Partners, the joint venture between BlackRock and Temasek. Go deeper

• Gritt, an SF-based machine construction robotics company, raised $32.4m in Series A and pre-seed funding. Obvious Ventures led the A, joined by Union Square Ventures, Active Impact Investments, investors First Round Capital, Climactic, Congruent Ventures, and VSC Ventures. Go deeper

• Fluxco, an Austin-based software developer for finding and buying electrical transformers, raised $26m in seed funding. Congruent Ventures and 8VC led, joined by Cubit Capital, White Star Capital, Trust Ventures, Overture VC and New System Ventures. Go deeper

• Moa Technology, a U.K.-based sustainable weed management startup, raised £22.2m in Series C funding. Oxford Science Enterprises and Supernova Invest led, joined by Agri Investment Fund, GrainInnovate, Infinity Investment Partners, and Magdalen College Oxford. Go deeper

• Resolute Grid, a Rockwall, Texas-based grid gear startup, closed $18.2m of a $18.9m round, according to a filing. Go deeper

• Eurodia Industrie, a French liquid extraction and purification company, raised €18m from Starquest Capital and Yotta Capital Partners. Go deeper

• 1872, a Cincinnati-based AI-native manufacturing startup, raised a $15m seed round from private funds advised by The O.H.I.O. Fund. Go deeper

• NxLite, a Canton Township, Mich.-based manufacturer of energy-efficient glass coatings, raised $13.1m in Series A funding. Crabtree Lane Alt led, joined by VoLo Earth Ventures, Earth Foundry, MUUS, New Climate Ventures and ACT Venture Partners. Go deeper

• Circular Materials, an Italian cleantech company, raised €11.8m from CDP Venture Capital, the European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites and Lumar S.r.l. Go deeper

• Plantopia, an Israeli dairy protein developer, raised $9m. Schreiber Foods led, joined by Siddhi Capital. Go deeper

• Sofab Inks, a Louisville, Ky.-based specialty materials for perovskite solar, raised $6m in seed funding. Cloudberry Ventures led. Go deeper

• Oris, an Italian developer of laser-based wireless power transmission systems for orbit and defense applications, raised €4.5m in pre-seed funding. Earlybird Venture Capital and Pitchdrive led, joined by Galaxia, Vento, and Piemonte Next Fund. Go deeper

• Aampere, a German used EV online marketplace, raised €4.2m. Existing investor Trind Ventures led, joined by Vend Marketplaces. Go deeper

Private equity

• The Artificial Intelligence Infrastructure Partnership, a consortium including BlackRock's Global Infrastructure Partners and MGX completed their previously announced acquisition of Aligned Data Centers from Macquarie Asset Management and investors for $40b. Investors are considering putting another $5b into the deal. Go deeper

• Blackstone took a controlling stake in Futronic, a South Korean supplier to the automotive and industrial robotics industries, for $720m. Go deeper

• Greenbelt Capital Management made a majority investment in Bowe & Gant Electrical Services, a provider of essential, nondiscretionary electrical and energy infrastructure services. Go deeper

• KKR plans to gradually sell its investment in LCY Group, a Taiwanese chemical manufacturer that supplies TSMC. Go deeper

• MN8 Energy, backed by Ridgewood Infrastructure, agreed to acquire Greenbacker Renewable Energy, a New York-based renewable-power producer, for up to $375m. Go deeper

• Private Equity at Goldman Sachs Alternatives acquired Aegis Hedging Solutions, a The Woodlands, Texas-based commodity market intelligence, from Greenbelt Capital Partners and Baird Capital. Go deeper

• Pelican Energy Partners acquired Riggins Company, a Hampton, Va.-based metal fabrication and custom components maker. Go deeper

• Verdantas, backed by Sterling, acquired En-Power Group, an NYC-based energy efficiency and engineering company. Go deeper

Liquidity

• Brookfield acquired battery storage developer Aypa Power from Blackstone for an enterprise value of approximately $7b, representing an equity value of $3b. Go deeper

• Iberdrola (Madrid: IBE) agreed to acquire a majority stake in Finnish electricity distributor Caruna Group for $2.29b, from an entity controlled by Ontario Teachers' Pension Plan and funds managed by KKR. Go deeper

• Palo Alto Networks (NASDAQ: PANW) agreed to acquire Embrace, a LA-based provider of an observability platform. NEA and AV8 Ventures backed it. Go deeper

• TE Connectivity (NYSE: TEL) agreed to acquire Astrodyne TDI, a power management and filtering solutions company, for $1.4b from Tinicum. Go deeper

• Vertiv Holdings (NYSE: VRT) acquired Strategic Thermal Labs, a Georgetown, Texas-based liquid cooling technology company backed by Carrier Ventures and Cowtown Angels. Go deeper

Debt

• Modo Energy, a U.K. developer of finance modeling software for the renewables and storage sectors, closed $17m in financing from CIBC Innovation Banking. Go deeper

Public offerings

• AMR Resources Acquisition, a blank check company seeking a critical minerals company, raised $250m. Former CFO of Sandfire Resources Matthew Fitzgerald leads the SPAC. Go deeper

Fundraising

• Partners ‌Group ⁠closed ​its ​fourth direct infrastructure investment fund with over $15b. Go deeper

It's Personnel

• Connor Love joined the American Dynamism team at a16z as a general partner. He was previously a partner at Lightspeed Venture Partners. Go deeper

• DCVC named Luis Bacalao as its chief legal officer. He was previously at Khosla Ventures. Go deeper

• Mobileye CEO Amnon Shashua, who founded the Israeli self-driving tech developer, is stepping down. Go deeper

• Tristan Walker, founder Walker & Company Brands, joined Collaborative Fund as a partner. He will focus on the firm's private equity strategy, Collab Holdings. Go deeper

Odds & Ends

✈️ Electra, a Manassas, Va.-based developer of a 9-passenger hybrid-electric aircraft, announced plans to build an $850m factory in Springfield, Ohio. Go deeper

🚛 Aurora Innovation, a Pittsburgh-based self-driving tech developer, launched its second-generation driverless truck in Texas. Go deeper