$54M

Qbit Thermal

Quantum-assisted materials search for heat-pump refrigerants. The chemistry is speculative; the customer list, three appliance makers, is not.

Sources

SIROCCO SIROCCO · Where the money went

Datacenter siting rulesCompute
Two US states moved to make large loads pay for their own interconnection upgrades. Every grid-adjacent busine…
FerrovoltBatteries
The iron-air storage maker closed a Series C to finance its first gigafactory in Ohio, with two utilities pre-…
HelioscapeSolar
Interconnection-queue software, of all things, drew a growth round: Helioscape says it has moved 14 GW of proj…
Cinder CarbonCarbon
A biochar-to-cement play with an unusually boring pitch: it sells a cheaper clinker substitute and books the r…