As climate tech continues to attract attention from investors and large-scale corporations, we’re seeing more exits & mergers and acquisitions in this rapidly evolving industry. For the months of August – October 2025, we’ve tracked notable exits that signal increasing interest in renewable energy, industrial innovation, and sustainable mobility. In our roundup, we provide detailed insights into deal sizes, the finalization of acquisitions, and key updates as they occur. Note: Some exits were initially announced earlier, but we’re sharing new information as deals close or updated financials become available.
Energy
Chart Industries
Founded: 1992 – Georgia, USA
Exit Type: Acquisition
Deal Size: US $13.6 Billion
Insights: Baker Hughes is acquiring Chart Industries in order to deepen its capabilities in high‑growth areas such as LNG, data centres, hydrogen, and decarbonisation technologies. Chart’s engineering and manufacturing footprint across gas and liquid molecule‑handling equipment enhances Baker Hughes’ offering in the Industrial & Energy Technology segment. The deal is expected to close by mid‑2026, subject to regulatory approvals
Learn more here.
Deep Fission
Founded: 2023 – Berkeley, USA
Exit Type: Public listing
Capital Raised: US $13.6 Billion
Valuation / Pricing: U$3/share (below costumary $10)
Insights: Nuclear microreactor startup Deep Fission went public through a reverse merger with Surfside Acquisition Inc., raising $30 million. Rather than a traditional SPAC IPO, the listing priced shares at just $3, hinting at capital constraints and a non-traditional path to market.
The company is developing 15 MW pressurized water reactors that are drilled one mile underground, aiming to address safety and security concerns associated with traditional above-ground nuclear plants. It recently secured a 2 GW deal with data center developer Endeavor and was selected for the U.S. Department of Energy’s Reactor Pilot Program, accelerating its permitting pathway.
Despite modest funding, Deep Fission plans to initiate operations of its first reactor by July 2026. The listing provides runway, but also brings the burdens of SEC compliance in a sector known for long timelines and high burn rates.
Learn more here.
Building & Transportation
Kodiak Robotics (now Kodiak AI)
Founded: 2018 – Mountain View, CA, USA
Exit Type: Public lisitng
Valuation: US $2.5 billion
Insights: Self-driving truck startup Kodiak Robotics went public via a SPAC merger with Ares Acquisition Corp II, valuing the company at $2.5B. The listing raised $275M, including $145M in PIPE financing and $62.9M in trust cash. Rebranded as Kodiak AI, the firm is now traded on Nasdaq.
Founder and CEO Don Burnette emphasized the capital intensity of scaling AV companies and cited strategic timing as key to choosing the SPAC route. With a growing focus on logistics and defense, Kodiak is carving out a niche in unstructured autonomy for both commercial and military ground transport.
Learn more here.
MOVE Mobility
Founded: 2017 – Freiburg, CH
Acquired by: Pronto
Deal Size: Undisclosed
Insights: Swiss charge point operator Energie 360° has acquired competitor Move Mobility from Primeo Energie, Groupe E, and EWB, increasing its total charging points from 4,700 to over 24,000. The acquisition also boosts Energie 360°’s user base to more than 250,000 and strengthens its position as Switzerland’s leading charging infrastructure provider.
Move Mobility will be integrated into Energie 360°’s mobility group while retaining its regional identity. The move supports Energie 360°’s strategy to build the most extensive and seamless public/private charging network across the country, including new licenses to operate charging hubs at around 40 motorway service areas. With CHF 200 million earmarked for further expansion by 2030, this acquisition marks a major consolidation in Switzerland’s e-mobility landscape.
Learn more here.
Industry
Robco
Founded: 2020 – Munich, DE
Acquired: Rapid Robotics
Exit type: Strategic Acquisition (US Expansion)
Insights: Munich-based robotics startup Robco has expanded its footprint in North America through the acquisition of Rapid Robotics, a U.S. company focused on automated manufacturing. The deal includes the full integration of Rapid’s hardware, software, customer base, and engineering team, bolstering Robco’s U.S. presence with new headquarters in San Francisco and existing deployment across 14 states.
Robco’s modular, no-code robots offer flexible automation solutions for SMEs—especially those constrained by labor shortages or limited capital. Their pay-as-you-go model aligns automation costs with real-time usage, making advanced robotics more accessible to smaller manufacturers.
Learn more here.
ABB Robotics
Founded: 1988 – Zurich, ZH
Acquired by: SoftBank
Exit type: Acquisition
Deal Size: $5.37 billion
Insights: SoftBank Group has announced the $5.37B acquisition of ABB Robotics, the industrial robotics division of Swiss-Swedish multinational ABB Group. The move is part of SoftBank’s “Physical AI” strategy, aiming to merge industrial automation with artificial superintelligence. ABB Robotics is known for precision robotic arms used in global manufacturing.
This acquisition adds roughly 7,000 robotics specialists and $2.3B in annual revenue to SoftBank’s AI ecosystem. The transaction—expected to close in 2026—comes after ABB’s earlier plans to spin off the robotics unit as a standalone firm. Instead, ABB now joins SoftBank’s growing push to anchor AI in real-world systems, including energy, infrastructure, and automation.
Learn more here.
With care,
Critical Cap Team
