Latest news with #energytech
Bloomberg
09-07-2025
- Business
- Bloomberg
Goldcrest, Collaborative Lead Round for Argentine Energy Startup Unblock
US-based funds Goldcrest Capital and Collaborative Fund have invested $13.5 million in a seed round for Argentine energy tech startup Unblock, which converts excess gas from oil and gas companies into computing power. The fresh capital will help Unblock double its team to around 26 members across engineering and operations as it eyes a potential expansion into Brazil, said founder and Chief Executive Officer Tomas Ocampo. Other firms that participated in the round included Argentine groups Pampa Energia and Grupo Inversor Sielecki, alongside FJ Labs, NYDIG, Luxor Technology, and Sunna Ventures.
Globe and Mail
31-05-2025
- Business
- Globe and Mail
Micro Cap Soars Nearly 80% on Major Clean Tech Acquisition
A significant acquisition in the micro-cap space has propelled the acquiring company to become one of the most actively traded and top percentage gainers on the Nasdaq today—and with good reason. Investors appear to be responding not just to the immediate impact of the acquisition, but also to the broader implications it may have on the company's future trajectory and position within the clean energy and technology sectors. Shares of Zeo Energy Corp. (Nasdaq: ZEO) are surging today as the leading provider of residential solar and energy efficiency solutions, and Heliogen, Inc. (OTCQX: HLGN), a developer of on-demand clean energy technologies, announced this morning the signing of a definitive merger agreement under which Zeo will acquire all outstanding equity securities of Heliogen in an all-stock transaction. Upon completion of the merger, Zeo intends to integrate Heliogen's technology, brand, intellectual property, capital, and talent to launch a new division focused on long-duration energy generation and storage for commercial and industrial-scale applications, including AI and cloud computing data centers. The transaction aims to create a comprehensive clean energy platform spanning residential, commercial, and utility-scale markets, strengthened by Zeo's internal financing resources and deep industry expertise. The transaction between Zeo and Heliogen is expected to create operational efficiencies, strengthen Zeo's balance sheet through added liquidity, and enhance financing capabilities via Zeo's affiliated financing arm. The merger also positions Zeo to capitalize on growing demand for resilient, low-carbon energy infrastructure, supported by favorable market trends and tax equity opportunities. Under the Merger Agreement, Heliogen's securityholders will receive approximately $10 million in Zeo Class A common stock, subject to adjustment based on Heliogen's net cash at closing. The transaction, unanimously approved by both boards, is expected to close in Q3 2025, pending customary conditions and Heliogen stockholder approval, with 23% of Heliogen shareholders already committed to vote in favor; Zeo stockholder approval is not required. Shares of ZEO were last trading up 79.75% at $2.84 while shares of HLGN were down 4.36% at $2.25 in early-afternoon trading. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
