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Snerpa Power raises €2.2M for energy decarbonisation

BackingMinds invested in Icelandic company SNERPA Power’s €2.2 million funding round.
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BackingMinds invested in Icelandic company Snerpa Power’s €2.2 million funding round. SNERPA Power aims to create intelligent energy services for power-intensive industries, generating new revenue streams and enhancing competitiveness in the electricity market while facilitating the energy transition.

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Cemvision selected for up to €27,5 million EU Innovation Fund grant for low-carbon cement plant in Latvia

The grant will support Cemvision's first commercial-scale plant in Latvia, designed to produce up to 500,000 tonnes of near zero-carbon cement a year.

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Transfer Galaxy Delivers Strong Results - Distributes 25M SEK

Transfer Galaxy, founded by the Vivalla trio Yosef Mohamed, Ali Mohamed and Khalid Qassim, has delivered a record year and is now distributing almost all of last year's profit back to its owners - a total of 25 million SEK.