SWAN Announces Follow-On Investment in Vartega

The SWAN Impact Network is pleased to announce a recent follow-on investment in Vartega.

The company’s goal is to increase the amount of carbon fiber that is recycled. Vartega makes recycled carbon fiber more affordable and accessible for manufacturers to use via its patented recycling process and helps to divert waste from landfills.

SWAN previously invested in Vartega in 2021.

SWAN Announces Follow-On Investment in Elevation (Curb)

The SWAN Impact Network is pleased to announce a recent follow-on investment in Elevation (Curb).

The company’s goal is to make homes more energy efficient and reduce greenhouse gases. Elevation (which purchased SWAN portfolio company Curb Energy) offers a unique combination of solar, energy efficiency, and energy monitoring technology to provide homeowners with the most complete solution for smarter home energy with lower carbon usage.

SWAN previously invested in Elevation (Curb) in 2017, 2019, 2020, 2021, and 2022.

SWAN Announces Follow-On Investment in ClearFlame Engine Technologies

The SWAN Impact Network is pleased to announce a recent follow-on investment in ClearFlame Engine Technologies, part of a larger raise of $30M in Series B funding for the company.

The latest investments were led by Mercuria Energy Group, one of the world’s largest privately held energy and commodities companies, with Mercuria and Breakthrough Energy Ventures both making second investments. New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America’s leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals.

ClearFlame Engine Technologies significantly reduces GHG emissions for long-haul trucking, agriculture, power generation, and other sectors by transforming heavy-duty engines to run more cost-effectively and cleaner on 100% renewable, plant-based fuels.

SWAN previously invested in ClearFlame Engine Technologies in 2020 and 2021.

Portfolio company Yotta Energy Selected to Participate in The Clean Fight New York

Congratulations to SWAN portfolio company Yotta Energy, which was recently selected as one of 10 companies to participate in The Clean Fight New York. The Clean Fight New York is a not-for-profit climate tech organization, powered by New Energy Nexus, that helps scale growth-stage climate tech companies in New York. The third chapter of The Clean Fight is focused on battery and energy storage solutions that can help speed the clean energy transition. To check out the full press release, click here.

Portfolio company ClearFlame named as one the Next Big Things in Tech

Thanks to its enormous installed base and prolonged driving distances, heavy trucking lags passenger cars in moving to zero-emissions operations. Geneva, Ill.-based ClearFlame Engine Technologies, however, is readying an alternative off-ramp from diesel fuel: a series of engine modifications that allow current-model trucks to run on ethanol sourced from corn at no loss in performance. Based upon that, ClearFlame has been named to Fast Company’s annual list of the Next Big Things in Tech.

Fast Company describes the chosen members of this list as “tech breakthroughs across industries that promise to transform the future.”  These technology breakthroughs were highlighted by Fast Company for their cutting-edge advancements and potential to impact consumers, businesses, and society overall. Clear Flame is recognized in the transportation category by this leading publication dedicated to the intersection of business, innovation, and design.