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Agriculture & Food 

Finless Foods, developer and manufacturer of lab-grown marine animal food products for human consumption, raised $34 million in Series B funding from SOSV, Gaingels MyCo, Draper Associates, Sustainable Ocean Alliance, Olive Tree, At One Ventures, Hanwha Corporation, Dainichi, Humboldt Fund and Justin Kan. Funds to go to scaling production of cell-cultured tuna in the nearly-completed 11,000 square-foot pilot plant. The product is to launch in the US this year. 

Energy & Power 

Aurora Solar, provider of a cloud-based platform that enables solar engineering design and supports operations and customer acquisition for solar installers, financiers and utilities, raised $200 million in growth equity from led by Coatue and Energize Ventures. Fifth Wall, ICONIQ, Lux Capital and Emerson Collective also participated. Using data and artificial intelligence, the software allows for system design and optimization calculations to reduce soft costs and time associated with solar projects. Funding to go towards continued development of Aurora’s software platform. 

Materials & Chemicals 

BioMason, developer of technology to produce bricks through a biological process as replacements for energy-intensive cement bricks, secured $65 million in growth equity from Celesta Capital, Novo Holdings, 2150, Hartree Partners and Martin Marietta Materials. The company has developed a process that uses microorganisms at ambient temperatures to produce biocement® that is used to bind sand and rock. Funding will go towards further development of its technology platform. 

Resources & Environment 

NCX, developer of forestry carbon monitoring software and marketplace, raised $50 million in a Series B funding round from Energize Ventures, JP Morgan Partners, Time Ventures, Intercontinental Exchange, Dalus Capital, Clearvision Ventures and Scribble Ventures. NCX uses data from forestry, economics and geography to measure value of habitats, available on its Basemap® platform. Using detailed valuations, the company offers carbon trading and offset services. Funding to enable expansion outside of the United States. 

Transportation & Logistics 

Inceptio Technology, provider of autonomous trucking technology and operations, raised $188 million in a follow-up Series B round led by Sequoia Capital China and Legend Capital. Eight Roads Ventures, Meituan, NIO Capital, Broad Vision Funds, Chow Tai Fook, Cedarlake Capital and Wuchan Zhongda Group. Funding will go towards further developing its autonomous driving system, scale-up production and expand into electrification.