Bringing industrial decarbonization to scale means aligning innovation with capital and execution. At CERAWeek, TechEnergy Ventures and Tulum Energy presented a venture-building model now taking shape in a hydrogen pilot at Ternium’s new Pesquería plant in Mexico, featuring Tenova’s direct reduction technology.

Rodatherm, a pioneer in next-generation geothermal energy, has successfully closed an oversubscribed $38 million Series A funding round. This is the largest first venture raise for a geothermal startup of all time, underscoring the booming industry and ground-breaking technology Rodatherm has developed.

Tulum Energy, a pioneering methane pyrolysis startup, has successfully closed a $27 million venture financing round. This significant investment was led by CDP Venture Capital (through its Green Transition Fund) and TDK Ventures and a global consortium of prominent investors including Tulum’s founder TechEnergy Ventures.