Energy
Aug 4, 2026
Ore Energy Raises $43M Series A for Iron-Air Batteries
Dutch startup Ore Energy has closed a $43m Series A led by Plural and HV Capital to commercialize iron-air long-duration battery technology. The round signals growing investor conviction that grid-scale storage is becoming essential infrastructure — particularly as AI data centers drive unprecedented electricity demand across Europe.
Energy
Deep Tech
Startups
Jul 22, 2026
Data Centers on Track to Use 4x More Power by 2035
A new analysis projects that global data center electricity demand will quadruple by 2035, driven overwhelmingly by AI workloads. New facilities built through 2033 alone could match India's entire national power consumption — a sobering benchmark for an industry racing to scale.
AI
Data Centers
Infrastructure
Jul 16, 2026
Applied Computing Raises $20M for Energy Foundation AI
London-based Applied Computing has closed a $20M funding round led by KBR, with Databricks Ventures joining in. The investment will accelerate deployment of Orbital, the company's physics-informed foundation model built specifically for energy sector operations.
AI
Energy
Startups
Jul 13, 2026
European Tech Roundup: 70+ Deals, €2.8B Raised
Europe's tech ecosystem recorded more than 70 funding deals totaling over €2.8 billion last week, led by cloud, fintech, and energy sectors. The UK dominated country-level rankings with €1.7B raised, followed by Germany and France. Here's everything that moved the needle.
European Tech
Funding Rounds
Venture Capital
Jul 2, 2026
The 10 Biggest US Startup Funding Rounds This Week
U.S. startups closed a wave of major funding rounds during a shortened holiday week, led by a $1.75B strategic investment in energy infrastructure firm Joulent. AI infrastructure, compliance tech, and biotech also featured prominently across the top 10 deals.
Funding Rounds
AI
Energy
Jun 25, 2026
Ex-Databricks AI Chief Bets on 1,000x Energy Cuts
Ali Ghodsi's former AI lead has launched a startup claiming its technology can reduce AI's power consumption by up to 1,000 times. The company's first product, Un0, is an image-generation system that demonstrates the approach can replicate conventional AI workloads at a fraction of the energy cost.
AI
Energy
Startups
Jun 25, 2026
IBM's 100-Billion-Transistor Chip and Europe's Grid Woes
IBM has unveiled a prototype chip packing 100 billion transistors into a fingernail-sized area — twice the density of its 2021 record — potentially extending Moore's Law by a decade. Meanwhile, Europe's record heat wave is straining power grids in ways that reveal a deeper structural challenge for climate-era energy planning.
AI chips
Anthropic
climate