Energy and climate deals of the week

Venture Capital

• Also, a micromobility company spun out of Rivian last year, raised $150m in Series D funding. Prysm Capital led, joined by Eclipse, Greenoaks, and MVP Ventures. Go deeper

• Apollo Atomics, an MIT spinoff building next-gen pressurized water reactors, raised $31m in seed financing led by FCVC and joined by YC, Telesoft Partners, Alumni Ventures, Robinhood Ventures, Nucleation Capital, Pelion VC, and Duke Capital Partners. Go deeper

• Ampaire, a Long Beach, Calif.-based developer of hybrid-electric aircraft propulsion systems, raised $19m in Series B funding. DiamondStream Partners led, joined by Alaska Airlines and International Airlines Group. Go deeper

• Sonic Fire Tech, a Columbus, Ohio-based developer of acoustic fire suppression systems for data centers, commercial kitchens and homes, raised $15m. The O.H.I.O. Fund led, joined by Khosla Ventures. Go deeper

• RockRose Risk, a Napa, Calif.-based firezone insurance broker, raised a $12.5m Series A co-led by Congruent Ventures and Crosslink Capital, and including Nuveen. Go deeper

• Computomics, a German crop breeding startup, raised €6.3m in Series B funding. Convent Capital led, joined by HTG, MBG Baden-Württemberg and Amathaon Capital. Go deeper

• Mafix, a Seattle-based enhanced rock weathering startup, raised $5.4m in pre-seed funding. Azolla Ventures led, joined by Counteract VC, Astera Institute, Plug and Play Ventures, Impact Science Ventures, and a Dutch family office. Go deeper

• Solinide Photonics, a Swedish developer of photonic chips, raised €4m in seed funding. Navigare Ventures and PSV Hafnium led, joined by Chalmers Ventures, Turbine Capital, Norrsken Evolve, and Almi Greentech Fund. Go deeper

Private Equity

• Canada Growth Fund and Rice Investment Group invested US$35m in EnerPure, a Canadian company developing motor oil recycling tech. Go deeper

• Stone Point Capital acquired the risk management unit of agri-food tech company Ever.Ag. Go deeper

• Agellus Capital acquired Phillips Fire & Life Safety, a Houston-based fire and life safety services company, adding it to Bluejack Fire & Life Safety. Go deeper

• Aventia, backed by Bernhard Capital Partners, acquired Bryant Hammett & Associates, a Louisiana-based civil engineering, land surveying and hazard mitigation firm. Go deeper

• KKR offered to acquire natural-gas and electricity distributor UGI Corp (NYSE:UGI) for roughly $9b, or $42.50 a share, per WSJ. Go deeper

M&A

• Continental Resources of Oklahoma agreed to buy a 50% stake in Phoenix Global Resources, an Argentinian shale oil firm owned by Mercuria Energy Group. Go deeper

• Mitsubishi Electric agreed to acquire PCI Energy Solutions, a Norman, Okla.-based energy software provider, for $1.4b. Go deeper

• Equinor (Oslo: EQNR) acquired an 87.7% stake in the Lackawanna Energy Center, a 1,483 MW gas-fired combined cycle power plant in Pennsylvania, for $940m from Invenergy. Go deeper

Funds

• Jefferies Credit Partners is targeting €1b for a secondaries fund, per Bloomberg. Go deeper

• Canadian uranium miner NexGen Energy, in talks with mining giant BHP, is looking to raise $1b for a Saskatchewan mining project, per Reuters. Go deeper

It's Personnel

• Ann Anthony was appointed CFO of One Nuclear Energy, a West Palm Beach, Fla.-based natural gas and nuclear reactor developer. Anthony was CFO of Oberon Fuels. Go deeper

Odds & Ends

• Dimension Energy, an Atlanta-based distributed energy assets developer, closed $657m in construction-to-term debt and tax equity financing led by MUFG Bank, First Citizens Bank, ING Capital, and National Bank of Canada. It also upsized its corporate credit facility to $200m, led by Nuveen Energy Infrastructure Credit. Go deeper

• Elroy Air, an SF-based developer of autonomous heavy-lift drones, received a $46m multi-year U.S. Army contract to develop hybrid-electric aircraft. Go deeper

• Mesa Power Solutions, a Loveland, Colo.-based manufacturer of distributed power systems, is investing $70m to open a factory in Evansville, Wyo. Go deeper