Climate

Thea Energy raised $100M in Series B for fusion energy technology, with focus on manufacturing infrastructure scaling.

USV lists energy as a primary investment domain for analyst focus and portfolio development.

Blended finance combining private capital for innovation and public capital for infrastructure is critical to unlocking Africa's energy and innovation potential, with public investors expected to account for 80% of gridtech investments by 2030.

African cleantech scaleups have raised combined capital and demonstrated strong growth leaders, with gridtech accounting for disproportionate funding and two $1 billion-plus scalers.

The number of innovation ecosystems at the scaleup stage worldwide has more than doubled over the past decade, with emerging economies expected to triple in coming years.

Africa's emerging innovation economies, particularly in clean energy and gridtech, are positioned to disrupt global agglomeration dynamics and create interconnected networks of specialized local innovation hubs.

Gridtech is emerging as a specialized vertical within African cleantech with significant capital concentration and high-growth potential, with 16 scaleups attracting around 30% of total cleantech funding.

Africa's cleantech sector is emerging as a significant innovation hub, with 95 cleantech scaleups representing 11% of African tech scaleups and attracting approximately one-fifth of all capital deployed to African ventures.

Cleantech funding at 5-year low in 2025 despite continued strength in solar and recycling segments amid broader investor skepticism.

ROSI secured €20M (~$23M) Series B and grant funding for industrial-scale solar panel recycling, targeting 10,000 tonnes/year processing capacity in Spain.