Decarbonization Partners has invested in biomaterials company MycoWorks as part of a $125 million Series C financing round. The round was led by Prime Movers Lab, with participation from other new and existing investors, SK Networks, Mirabaud Lifestyle Impact & Innovation Fund, DCVC Bio and Novo Holdings.  Founded in 2013 MycoWorks is recognised globally as having unlocked a breakthrough in material science. The company’s patented Fine Mycelium process harnesses mycelium – the thread-like network that mushrooms fruit from – to produce a natural material with the performance of the finest animal leathers. Luxury partners choose Reishi, the company’s flagship product

Baseload Capital’s subsidiary, Baseload Power Japan, has completed a third geothermal power plant. Developed in partnership with Furusato Power generation and the Sansui hot spring inn, Sansui Geothermal Power Plant will produce 350 MWh annually, equivalent to the annual power consumption of roughly 100 households. The electricity generated by the new plant will be sold to Kyushu Electric Power through a feed-in tariff (FIT) mechanism. The surplus of hot water will be provided to the Sansui hot spring inn to be used as bathing water for its hot spring operations.

Ares Capital Management, a subsidiary of global alternative investment manager Ares Management Corporation, is to acquire, on behalf of funds managed by the Ares Credit Group, the middle market lending portfolio from Annaly Capital Management for approximately $2.4 billion. Ares’ Credit Group believes that it is familiar with a significant number of the investments in the portfolio either through overlapping portfolio companies or through the historical review of these companies. In addition, there is substantial overlap with the financial sponsors backing the portfolio as well as opportunities to strengthen ties with sponsors new to Ares.  Overall, the addition of the

Helios has raised €9 million in a round led by Racine2 – a fund operated by Serena and Makesense – with participation from Raise Seed for Good funds, tier one business angels such as Hugues Le Bret, the founder of Nickel, and the C-suite of several startups such as Malt, Swile, Meero, or Blissim (formerly Birchbox). This fundraising represents the largest Greentech/Climatech seed round in Europe. Helios is a new ecological banking solution. Unlike conventional banks, it enables complete transparency regarding the destination of its financing and guarantees that not a single euro in its accounts will be used to

Outdoor Living Supply (OLS), a distribution platform for outdoor living products with a focus on hardscapes and a portfolio company of Trilantic North America, has acquired Back Yard Living (BYL), an independent distributor of decorative hardscape, paving stones, fireplaces, outdoor appliances, and outdoor lighting.

Fjord1 AS (Fjord1), one of the largest ferry and high-speed passenger boat operators in Norway and a portfolio company of private equity firm Vision Ridge partners, has completed a NOK 6.5 billion debt refinancing. Proceeds will be used to repay the company’s existing loan facilities including the outstanding bond (ticker FJORD01 and ISIN NO0010810302) and all additional outstanding interest and principal through the maturity date of 22 November, 2022. In connection with the completion of the refinancing, Fjord1 expects to launch a buyback offer to its existing bondholders.

Global investment manager Igneo Infrastructure Partners (Igneo), has reached an agreement to acquire a 100% interest in Elliott Green Power Australia (EGP) via its Australian renewables business, Atmos Renewables. The EGP portfolio consists of the Childers, Susan River and Nevertire solar farms with a combined capacity of 302 MW, generating approximately 500GWh of energy annually and powering over 100,000 homes. Each solar farm includes well-advanced co-located battery developments totalling 125 MW / 250 MWhs. Construction of the battery projects is expected to commence in 2022. The solar farms each have long term offtake agreements for energy and green certificates with

Moonhub has raised $2.6m in seed funding led by global proptech VC Pi Labs with participation from Ada Ventures, 1818 Venture Capital and numerous angel investor. Founded in 2016, the London-based startup led by Dami Hastrup, Vinh Ly and Hannah Sutcliffe, has established itself as a leading force in the UK and is now set to expand its operations into the burgeoning global VR workplace training market, which consultancy PwC estimates will grow to $294 billion by 2030.   Moonhub’s employs patented VR technology to deliver a low risk, highly-immersive experience for learners and provides an analytical performance overview for

Epitopea, a transatlantic cancer immunotherapeutics company and global specialist in exploiting a new class of untapped tumour-specific antigens (TSAs), has secured a $13.6 million (£10.3 million) seed investment from a transatlantic syndicate of top-tier life sciences investors, including Advent Life Sciences, CTI Life Sciences, Cambridge Innovation Capital (CIC) and Fonds de solidarité FTQ. The seed round was also supported by Novateur Ventures and the Harrington Discovery Institute/University Health Holdings.  The funding will leverage Epitopea’s Cryptigen approach to create transformational immunotherapies that target broad cancer patient populations in both solid and haematological cancers. The seed round funding will be used to

Fenergo, a provider of digital solutions for Know your Customer (KYC) and client lifecycle management (CLM), has acquired Sentinels, an anti-money laundering (AML) transaction monitoring new market entrant with artificial intelligence (AI) based technology. The acquisition, for an undisclosed amount, strengthens Fenergo’s ability to deliver end-to-end Software as a Service (SaaS) based-CLM with smart transaction monitoring to financial institutions. The deal comes as the industry continues to be challenged by rising financial crime, evolving regulations, operational inefficiencies, and pressure to deliver a better customer experience.  Fenergo enables financial institutions to adhere to KYC and AML regulations while onboarding clients safely