Decarb Weekly 5/15/2025

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Chart of the Week: 

U.S. M&A Activity by Quarter (Clean Energy Only) – Solomon Partners

Recent Market News:

• Climeworks is cutting jobs as financial struggles, stalled U.S. expansion, and underperforming Icelandic projects shake the carbon removal sector. – Carbon Herald
• The latest U.S. budget proposal preserved the 45Q carbon management incentive, ensuring continued support for carbon capture projects. – Carbon Herald

Transactions:

• 5/14/25: Zendo Energy raises £1.75 million in pre-seed funding to develop AI-powered solutions that decarbonize data centers. – Finsmes
• 5/8/25: Active Impact Investments closes its $110 million climate tech seed fund, backing 25 startups focused on clean energy, carbon solutions, and circular economy innovations. – Betakit
• 5/6/25: Exterra raises $14 million to scale its technology that extracts critical minerals from mine tailings while permanently sequestering CO₂. – ESG Today

In-Depth Read:
Turning the tide in scaling renewables – KPMG

Podcast:
CDR Policy Deep Dive – Part 2: The Landscape Today – The Carbon Removal Show

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients. Visit our website: Industria Partners