How the Slate Truck Got So Cheap

Key Points:

• Isometric, a UK-based carbon removal certification startup, raised $40 million to expand its AI-powered certification platform beyond carbon markets into verifying emissions reductions in industries like steel, cement, and low-carbon fuels.
• Terawatt Infrastructure secured $300 million in debt financing to expand its full-stack electric vehicle charging network, signaling strong financial confidence in EV infrastructure amid projections of a $415 billion autonomous vehicle market by 2035.
• European iron-air battery startup Ore Energy announced a major 1-gigawatt-hour deal with Dutch utility Budget Thuis, marking a milestone in multi-day renewable energy storage to stabilize grids increasingly reliant on wind power.
• Foundation Alloy raised $22 million to scale a novel, lower-energy metals manufacturing process that mechanically bonds metal powders without melting, aiming to reduce energy consumption and streamline alloy production.
• Critical Energy, founded by a former SpaceX engineer, secured $22 million to mass manufacture modular geothermal turbines designed for factory production to reduce deployment time and costs, supporting the growth of geothermal power generation.