# Cleantech startup funding, August 2026: Panthalassa's $225M Growth leads 11 rounds

> We read 11 equity rounds in Cleantech announced in August 2026, raising $692M between them: 5% of all the rounds we read that month and 3% of the money.

Source: https://millionrounds.com/news/monthly/2026-08/sector/cleantech (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **11** in Cleantech, 11 with an amount

Raised **$692M** across those rounds

Lead named **73%** of rounds say who led

Share of the month **5%** of rounds; 3% of the money

## The biggest rounds

- [1 **Panthalassa** Growth · United States · led by Hanwha Asset Management, 8090 Industries **$225M**](https://millionrounds.com/company/panthalassa)
- [2 E **Erco Energía** Series C · Colombia **$129M**](https://millionrounds.com/company/erco-energia)
- [3 **GeoPura** Series A · United Kingdom **$113M**](https://millionrounds.com/company/geopura)
- [4 D **Dongxi Fusion** Pre-seed · China **$45M**](https://millionrounds.com/company/dongxi-fusion)
- [5 **Ore Energy** Series A · Netherlands · led by HV Capital, Plural **$43M**](https://millionrounds.com/company/ore-energy)
- [6 **Voya Energy** Series A · United States · led by Energy Impact Partners **$35M**](https://millionrounds.com/company/voya-energy)
- [7 A **Apollo Atomics** Seed · United States · led by FCVC **$31M**](https://millionrounds.com/company/apollo-atomics)
- [8 A **Advanced Electric Machines (AEM)** Growth · United Kingdom · led by Northstar Ventures **$22M**](https://millionrounds.com/company/advanced-electric-machines-aem)
- [9 **Vessev** Series A · New Zealand · led by Blackbird **$19M**](https://millionrounds.com/company/vessev)
- [10 **Princeton Critical Minerals** Series A · United States · led by SOSV **$16M**](https://millionrounds.com/company/princeton-critical-minerals)

## Day by day

Equity rounds in Cleantech announced each day of August. The busiest day was 4 August, with 2.

1 August 31 August

## By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *1* **$45M** this month **$2.0M** 12 months, all sectors

[Seed](https://millionrounds.com/benchmarks/seed) *2* **$23M** this month **$5.5M** 12 months, all sectors

[Series A](https://millionrounds.com/benchmarks/series-a) *5* **$35M** this month **$20M** 12 months, all sectors

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$129M** this month **$100M** 12 months, all sectors

[Growth](https://millionrounds.com/benchmarks/growth) *2* **$123M** this month **$113M** 12 months, all sectors

## Where

- [United States](https://millionrounds.com/news/monthly/2026-08/united-states) **5**
- [United Kingdom](https://millionrounds.com/news/monthly/2026-08/united-kingdom) **2**
- [China](https://millionrounds.com/news/monthly/2026-08/china) **1**
- Colombia **1**
- Netherlands **1**
- New Zealand **1**

United States had the most Cleantech rounds this month.

## Against the month

- Rounds, Cleantech **11**
- Rounds, all sectors **220**
- Raised, Cleantech **$692M**
- Raised, all sectors **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other sectors in August

[117 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-08/sector/ai)[32 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/fintech)[24 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/robotics)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-08/sector/construction)[18 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-08/sector/healthcare)[18 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/software)[17 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-08/sector/energy)[14 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/logistics)[14 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/big-data)[13 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/defensetech)[12 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/enterprise-software)[12 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cloud)[11 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/biotech)[11 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cybersecurity)[10 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/climate)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
