A lack of meaningful oversight of artificial intelligence at board level is creating a potentially “unpriced risk” in portfolios, according to new data from the AI Company Data Initiative (AICDI). As investors head into a proxy voting season where AI governance is expected to come under sharper scrutiny, the AICDI released a report, Responsible AI in practice: 2025 global insights…
Emerald AI Raises $25 Million to Align Data Center Energy Use with Grid Capacity
Energy tech startup Emerald AI announced that it has raised $25 million in a strategic expansion round, with proceeds from the financing aimed at scaling the company’s solutions to enable data centers to align energy use with grid capacity. The funding round was led by Energy Impact Partners (EIP), and included participation from Amplo, Eaton, GE Vernova, IQT, Lowercarbon Capital,…
EnerVenue Raises $300 Million to Scale Lithium-Free Energy Storage Solutions
Energy storage solutions company EnerVenue announced today that it has raised $300 million in an extension of its Series B preferred stock financing round, with proceeds aimed at advancing the commercialization of the company’s high-endurance, lithium-free energy storage systems. Alongside the new capital, EnerVenue also announced the appointment of Henning Rath as its new CEO. Founded in 2020, California-based EnerVenue…
U.S. DOE Partners with Amazon to Recover Critical Materials from Clothing, Tech Waste
The U.S. Department of Energy’s (DOE) Ames National Laboratory and the Critical Materials Innovation (CMI) Hub announced the launch of a new collaboration with tech giant Amazon to advance technologies that recover and recycle critical materials, aimed at driving materials circularity and improving U.S. supply chain resilience. While the Trump administration’s energy policies have shifted sharply towards fossil fuels and…
Novisto Acquires Carbon Accounting Software Provider Minimum
Sustainability reporting software provider Novisto announced today the acquisition of carbon management software company Minimum, with the acquisition aimed at enabling the delivery of a comprehensive end-to-end carbon and sustainability platform, according to Novisto. Founded in 2020, London-based Minimum provides a carbon management platform aimed at simplifying the collection, calculation, and reporting of corporate carbon footprints, enabling large enterprises map…
Toyota Plans to Join Volvo, Daimler Hydrogen Fuel Cell JV
Volvo Group, Daimler Truck and Toyota Motor Corporation announced today that they have signed a non-binding agreement for Toyota to join hydrogen fuel cell joint venture cellcentric as an equal shareholder. Launched in 2021 by Volvo Group and Daimler Truck, cellcentric focuses on developing fuel cell systems for long-haul trucking and other heavy-duty applications, with a goal to become a…
TerraSpark Raises €5.4 Million to Provide Solar Power from Space
Space technology startup TerraSpark announced that it has raised €5.4 million (USD$6.2 million) in a pre-seed funding round, with proceeds aimed at advancing its space-based solar power technology to deliver continuous, weather-independent renewable energy from orbit. Founded in 2025, Luxembourg-based TerraSpark is developing technology designed to capture solar energy in space and transmit it wirelessly to Earth via radio frequency,…