Tag: green
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Arkadia Space secures €14.5M EIC backing for green propulsion tech
Spanish space company Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator. The package includes a €2.5 million grant, €6 million in equity from the EIC Fund, and €6 million in private investment. Beyond financial backing, the selection reflects direct institutional support from the European Commission for Arkadia’s green propulsion read more
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Debbie Harry, Georgia O’Keeffe, and Al Green Appear in New Factory Images Acquired by the Smithsonian
The Smithsonian’s Archives of American Art has added more than 400 rarely seen images of famous figures who passed through Andy Warhol’s Factory, from David Hockney and Debbie Harry, to Georgia O’Keeffe and Paloma Picasso. According to the institution, the images were captured by the artist Ronald “Ronnie” Cutrone as stereoscopic slides, pairing two photographs read more
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Kinnevik slashes valuation of stake in Swedish green startup Stegra
Swedish VC Kinnevik has written down the value of its stake in Swedish green steel startup Stegra by half,citing the higher anticipated costsof a plant it’s building as it looks to become a major player in Europe’s green industrial transition. Kinnevik’s latest financial report reveals it has written down the value of its stake in read more
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Footprint Firm closes €76M Article 9 deeptech Fund for the green transition
The Footprint Firm has completed the final closing of Footprint Fund I, an Article 9 €76 million venture fund. The fund focuses on early-stage deeptech companies in the green transition in Northern Europe. Footprint Fund I is the first fund in The Footprint Firm’s venture platform and has already invested in 20 startups, including Reel read more
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