prelude ventures

Thea Energy raises $20M Series A for pixel-inspired fusion power plants

The startup is betting that software can supplant manufacturing precision in its quest to deliver reliable, inexpensive fusion power.

Investors detail their red (and green) flags for startups seeking venture dollars

TechCrunch sat down with several investors to hear how they're looking at the funding environment today and what their red flags -- and green flags -- are for startups looking to raise another round.

Meet the all-electric RV startup steered by Tesla alumni

What started as a pet project to electrify food trucks in the San Francisco Bay area — an enterprise inspired by the cacophony of generators that greeted Ben Parker every day during his lunch break

Pyka adapts its autonomous electric plane for cargo runs with a $37M round

It isn’t easy getting a new plane certified and flying — let alone an autonomous one, and electric at that. But Pyka has done just that, clearly impressing the powers that be enough to raise a

How to make trees better

It’s crunch time to start working on something to combat the amount of CO2 in our atmosphere.

Climate accounting platform Persefoni raises $101M Series B led by Prelude and TPG

There’s nothing like an increasing level of regulations to create spaces for new startups to appear, especially in SaaS. Asset managers, banks and other financial institutions need to calculate thei

As capital pours in to climate investments, Congruent Ventures closes on $175 million for early-stage bets

Congruent Ventures, the early-stage investment firm focused on technologies and services designed to avert the current climate emergency, has raised $175 million in financing for its latest fund. The

I can’t believe it’s not meat! Mycelium meat replacement company aims for summer launch of first products

Meati, a company turning mycelium (the structural fibers of fungi) into healthier meat replacements for consumers, is prepping for a big summer rollout. Co-founder Tyler Huggins expects to have the fi

Angling to be the Carfax for EV batteries, Recurrent raises $3.5 million

The Seattle-based startup Recurrent said today it has closed on $3.5 million in financing as it looks to become the Carfax for electric vehicle batteries. The battery system is arguably the most impor

Founded by an Impossible Foods and Google data scientist, Climax Foods raises $7.5 million to tackle the cheesiest market

Oliver Zahn began his professional career studying the stars. The founder of Climax Foods, a startup that’s using data science to replace animal proteins with plant-based substitutes, spent year

With fresh support from its billionaire backers Pivot Bio is ushering in a farming revolution

In the first decade of the twentieth century two German chemists, Fritz Haber and Carl Bosch, invented fertilizer — the nitrogen compound which ushered in modern agriculture and saved the world

OptimoRoute raises $6.5M Series A to help businesses better plan their routes

Route planning sounds like it’s a problem for big logistics companies like Amazon, FedEx and UPS, but in reality, it’s something every small business with more than a few mobile employees

LevelTen Energy raises $20.5 million for its renewable energy marketplace

LevelTen Energy, a marketplace that consolidates renewable energy projects and potential buyers to lower prices for aggregated buyers and expand the market for sellers, has raised $20.5 million in a n

ClearMetal gets $9M from Prelude Ventures and Eric Schmidt’s Innovation Endeavors for its logistics platform

Logistics and supply chain management is a notoriously outdated and labor-intensive process. ClearMetal uses artificial intelligence to help manufacturers and retailers climb out from underneath piles