powering

Startups

“Evolving Energy: The Rise of Power-Packed Startups as Megarounds Fade”

The largest funding rounds raised by startups are becoming rarer and rarer. The venture deceleration, and its late-stage glaciation, are not stopping the companies that want to reinvent energy from raising huge rounds. Powering upNine-figure rounds are often called “megarounds” due to their massive heft. Inside energy’s power surgeIn 2023, China dominated energy megarounds, with most of the money going to makers of solar panels and battery materials. Fast forward to this year, and the picture in energy megarounds looks dramatically different.

Max Chen
March 6, 2024

“The Surge of Startups Driven by Growing Demand for Eco-Friendly Packaging”

An increasing consumer appetite for sustainable packaging is powering a new wave of startupsWith the packaging market being valued at as much as €1 trillion globally it’s become a ripe field for startups to engage this market with digital products that can bring efficiency to a highly traditional industry. This is perhaps why Packmatic, a Berlin-based digital packaging marketplace has raised a €15 million Series A round led by EQT Ventures. These packaging startups tend to be attacking the same kinds of problems for both businesses and consumers. Packmatic says its marketplace network of over 300 packaging suppliers across Europe, is able to match large companies and FMCG brands with specialized packaging suppliers. Key to this is accessing sustainable packaging.