In today’s briefing:
- Earth Venture Capital backs Mojave Energy Systems in US$9.5M Series A funding | e27
- Freshket raises US$8M in a funding round led by Thai President Foods, Kliff Capital | e27
Earth Venture Capital backs Mojave Energy Systems in US$9.5M Series A funding | e27
- Earth Venture Capital, a global climate tech firm backing deep-tech startups to decarbonise Emerging Asia, announced its participation in Mojave Energy Systems’ US$9.5 million Series A funding round.
- The investment, alongside the participation of Fifth Wall, At One Ventures, Myriad Venture Partners, Starshot Capital, and Alumni Ventures Group, raises Mojave’s total funding to US$25.6 million.
- In the next phase of innovation, Mojave plans to unveil ArctiDry HP, the first air conditioning system to integrate liquid desiccant technology with a reversible heat pump.
Freshket raises US$8M in a funding round led by Thai President Foods, Kliff Capital | e27
- Thailand-based Freshket announced that it has raised an additional US$8 million funding round led by led by Thai President Foods or TFMAMA and Kliff Capital with continued support from existing investors, including Openspace and ECG Venture Capital.
- In a press statement, a TFMAMA spokesperson said that the company hopes to support Freshket through the provision of fresh and quality ingredients for the startup’s operations following this funding round.
- “We are currently expanding into new markets and customer segments while maintaining our existing customer base.