RKLab Revenue, Valuation, Funding & Investors

Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.

Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from Poland followed by United States, United Kingdom, and other countries.

Solid Power Inc is engaged in solid-state battery technology and manufacturing processes. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. Its commercialization plan is to manufacture and sell electrolytes to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs) that choose to produce its battery cells.

Zaptec ASA is a technology company within Electronic vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables a large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.

Electra is a steelmaking technology company that produces clean iron from high-impurity ores using electrolytic reduction powered by renewable energy. Operating a pilot plant in Boulder, Colorado since 2022, its process eliminates coking coal and cuts carbon emissions by 80% compared to blast furnaces. The company raised $85 million in Series A funding in 2023 from investors including Breakthrough Energy Ventures and works with steel producers to scale commercial facilities targeting 10 million tons annual output by 2030.

Clean Planet is a Japanese research firm developing lattice confinement fusion technology for clean heat generation without radioactive waste. Its scientists conduct experiments on gas-phase and metal-hydride systems to achieve transmutation and excess heat production. Based in Tokyo and founded on September 1, 2012, the company collaborates with universities and operates test reactors in Hokkaido. Clean Planet publishes results from quantum mechanics-based models and partners with Mitsubishi Heavy Industries for commercialization.

Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.

Summit Carbon Solutions develops carbon capture and storage infrastructure connecting industrial facilities, particularly biofuel producers, to permanent CO2 storage sites in the Midwestern United States. Its Midwest Carbon Express project links ethanol plants across Iowa, Minnesota, Nebraska, North Dakota, and South Dakota via a roughly 3,200 km pipeline network, aiming to capture up to 20 million tons of CO2 annually for underground storage. The company has a joint venture with Minnkota Power Cooperative providing access to a fully permitted CO2 storage site with capacity for more than a billion tons.

Climeworks is a Zurich-based direct air capture company operating modular plants like Orca and Mammoth in Iceland. The technology extracts CO2 from ambient air for permanent underground storage via mineralization with Carbfix, serving corporate net-zero commitments under Puro.earth certification standards.

Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company's products include Fractal graphene and Reactive Graphene.

1Komma5° is a Berlin-headquartered ClimateTech company delivering integrated energy solutions at 80 sites in seven markets including Germany, Austria, and the US. It installs photovoltaics systems up to 10 kWp, battery storage with 15 kWh capacity, heat pumps for heating, and EV charging stations bundled into subscription models for residential and commercial properties.

NextChem is a Milan-headquartered engineering subsidiary of Maire Tecnimont focused on green chemistry and sustainable processes. The division designs plants for hydrogen production, methanol synthesis from CO2, and waste-to-chemicals conversion. Active in energy transition projects across Europe and the Middle East, NextChem deploys technologies for decarbonization and circular economy initiatives.

Electric Hydrogen is a Natick-headquartered producer of electrolyzers for green hydrogen generation. The company develops single-stack systems delivering 20 tons per day at under $2 per kilogram, targeting ammonia, steel, and refining sectors. Electric Hydrogen raised $380 million in 2023, with pilots at Chevron facilities and partnerships for gigawatt-scale deployments.

Gradiant is a Boston-headquartered cleantech company developing water treatment solutions for industrial sectors including microelectronics, pharmaceuticals, food and beverage, lithium extraction, and renewable energy. Its Carrier Gas Enhanced Separation technology removes contaminants from wastewater, enabling zero liquid discharge compliance. Deployed in facilities across Asia, Europe, and North America, Gradiant serves clients like Samsung and PepsiCo with modular systems for ultrapure water production and resource recovery.

Palmetto is a New York City-headquartered clean energy company financing and installing solar panels, battery storage, EV chargers, and heat pumps for over 100,000 U.S. homes and businesses. Launched in 2017 from Charleston, South Carolina, it raised $1.5 billion in funding by 2023 and partners with retailers like Lowe's and wholesalers to distribute its financing platform nationwide. The firm integrates software for energy monitoring and offers leases with zero upfront costs.

Turntide Technologies is a developer of high-efficiency switched reluctance motors and cloud-managed systems for buildings, agriculture, and electric vehicles. Headquartered in Sunnyvale, California, since its founding in 2018, the company targets the replacement of inefficient legacy motors responsible for significant global electricity waste. Its products include the SR motor line, deployed in HVAC systems and pumps worldwide.

Twelve is a carbon transformation company that converts captured CO2 into chemicals, fuels, and materials through advanced electrocatalysis and electrochemical processes, replacing fossil fuel-derived products while eliminating emissions. Based in the San Francisco Bay Area, it collaborates with industrial partners on sustainable manufacturing.

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.