US startup Veir has raised $24.9 million in a Series A+ round. VXI Capital, Galvanize Climate Solutions, Fidelity Investments, Congruent Ventures, The Engine, and Breakthrough Energy Ventures invested. Veir develops a way to transmit electricity using high-temperature superconductors (HTS). Its platform uses evaporative cryogenic cooling. The technology lets utilities carry more power at lower voltage within a smaller right-of-way. This helps connect the lowest-cost renewable resources to the places that need them.

AMP, a provider of AI-powered waste sorting technology, has secured $70 million in project debt financing led by Galvanize. The funding will support construction of a sortation facility and organics processing system in Portsmouth, Virginia, as part of AMP's 20-year partnership with the Southeastern Public Service Authority. The facilities will process over 500,000 tonnes of municipal solid waste annually, diverting at least half from landfill. AMP's system uses AI-powered cameras, robotics, and pneumatic jets to sort raw waste, including sealed bags, extracting plastics, metals, fibre, and organic material. The sortation facility is expected online in early 2028. An adjacent facility will convert recovered organics into biochar, supporting AMP's agreement with Google to remove 200,000 metric tonnes of CO₂e by 2030.