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BFD Expert Voices - Climate Deals

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• Atlas Atomics, a nuclear startup founded by Ohio gubernatorial candidate Vivek Ramaswamy, has raised $400 million in an ongoing Series A valued at $1.9 billion, per Bloomberg. Go deeper

• Voltus, an SF-based flexible energy platform, raised $225m in Series D funding. Generation Investment Management led, joined by Activate Capital, Vitol, Broadscale Group, Climate Investment, NGP Energy Capital, Salix Ventures, and All Aboard Fund. Go deeper

• Type One Energy, a Knoxville, Tenn.-based fusion developer, raised $200m co-led by Breakthrough Energy Ventures and Clutterbuck Capital, with participation from Lowercarbon Capital, Siemens Energy Ventures, and SiteGround Capital. Go deeper

• Reuse, a Latin America-focused tech re-commerce platform, raised $21m. At One Ventures led, joined by Coppel Ventures, ALIVE Ventures, Endeavor Catalyst, IGNIA, and Dalus Capital. Go deeper

• Edonia, a French alt protein startup, raised €15m from SWEN Blue Ocean 2, Asterion Ventures, and EIT Food. Go deeper

• Reclinker, a British startup turning demolition waste into low-carbon cement, raised £10m in Series A funding. Clean Growth Fund and AP Ventures led, joined by Development Bank of Wales, Kibo Invest, Zero Carbon Capital, and Cambridge Enterprise. Go deeper

• Myca, an Indian developer of AI agents for agribusiness field teams, raised $1.3m in pre-seed funding. Kriscore Capital and Eximius Ventures led, joined by Indigram Labs Foundation. Go deeper

• Apollo Global Management made a non-binding bid for German state-owned energy utility Uniper, per Reuters. Go deeper

•Marlin Equity Partners agreed to invest in Rystad Energy, a Norwegian provider of energy market research. Go deeper

•Officine Maccaferri, an Ambienta portfolio company, acquired two makers of lower-carbon road materials: Iterchimica (Italy) and Surface Tech (San Diego). Go deeper

• Stryten Energy, backed by Atlas Holdings, acquired motive battery companies C&D Technologies (Horsham, Penn.) and Trojan Battery Company (Santa Fe Springs, Calif.). Go deeper

• Via Verde, an Italian biomethane developer with 20 projects across Italy, raised project funds from Copenhagen Infrastructure Partners. Go deeper

• Emera (TSX: EMA) agreed to buy Canadian Utilities (TSX: CU) for C$14.3b in stock. Go deeper

• One Rock Capital Partners completed its $470m sale of EnviroServe, an environmental services provider, to Clean Harbors (NYSE: CLH). Go deeper

• DayOne Data Centers, a Singapore-based hyperscale data center operator, filed for an IPO that Renaissance Capital estimates could raise $3b. It reports a $77m net loss on $512m in revenue for the first half of 2026, versus a $13m net loss on $151.5m in revenue for the year-earlier period. DayOne plans to list on the Nasdaq (DODC) and raised from firms like Coatue (19.5% pre-IPO stake), Hillhouse (19.5%), and Achi Capital Partners (15.6%). Go deeper

• Firmus Grid, an Nvidia-backed Australian data center developer, is postponing its planned $5.5 billion IPO and is weighing a private funding round instead, per Bloomberg. Go deeper

• Anorak Ventures, an SF-based seed-stage investor, raised $35m for a defense-focused third fund. Go deeper

• Balerion Space Ventures, a Dallas-based space, defense, and deep technology investor, raised $200m for its second fund. Go deeper

• Endeavor Catalyst, an NYC-based venture firm, raised $320m for its fifth fund. Go deeper

• Eurazeo agreed to acquire a majority stake in Miya Water, a Spanish provider of water efficiency solutions. Go deeper

• Graduate Ventures, a Dutch seed firm, secured €100m of a €125m-targeted second fund. Go deeper

• LS Power raised around $6b for its sixth flagship power and energy infrastructure fund. axios.link/4hyEj8s

• Union Square Ventures raised $900m across a $500m early-stage fund and $500m opportunity fund. Go deeper

• Colton Cray joined Lowercarbon as a principal. He previously was with Drover Ventures. Go deeper

• Rob Sweeney is joining JPMorgan as global chair of investment banking, per Reuters. He previously was president of Sycamore Partners. Go deeper

• Google and Constellation Energy agreed to a 20-year nuclear-power deal that would boost output at 11 existing nuclear reactors. Go deeper

• Xcimer Energy, a Denver-based fusion company, finalized an agreement for up to $30.5m in federal funding through the U.S. Department of Energy's Milestone-Based Fusion Development Program. Go deeper

Energy and climate deals of the week

Catch up on the energy and climate deals from the week of Oct. 5.

Illustration of an electric plug in the shape of a lasso around the words "Energy and climate deals roundup"

Illustration: Sarah Grillo/Axios. Stock: Getty Images

<h2 class="text-h6 !font-sans !font-normal !leading-[1.2em]">Venture Capital</h2>• Atlas Atomics, a nuclear startup founded by Ohio gubernatorial candidate Vivek Ramaswamy, has raised $400 million in an ongoing Series A valued at $1.9 billion, per Bloomberg. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="https://www.bloomberg.com/news/articles/2026-10-08/vivek-ramaswamy-s-nuclear-startup-raises-at-1-9-billion-value?srnd=undefined" data-vars-content-id="df2e719c-17e5-4d88-906e-991149da013e" data-vars-headline="Energy and climate deals of the week" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.bloomberg.com/news/articles/2026-10-08/vivek-ramaswamy-s-nuclear-startup-raises-at-1-9-billion-value?srnd=undefined" target="_blank">Go deeper</a>• Voltus, an SF-based flexible energy platform, raised $225m in Series D funding. Generation Investment Management led, joined by Activate Capital, Vitol, Broadscale Group, Climate Investment, NGP Energy Capital, Salix Ventures, and All Aboard Fund. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="https://axios.link/4rSzEBw" data-vars-content-id="df2e719c-17e5-4d88-906e-991149da013e" data-vars-headline="Energy and climate deals of the week" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://axios.link/4rSzEBw" target="_self">Go deeper</a>

Energy and climate deals of the week

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