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Mati Carbon Wins $50 Million Xprize for Innovative Carbon Removal Technology
Mati Carbon Wins $50 Million Xprize for Innovative Carbon Removal Technology
Mati Carbon has won the $50 million Xprize Carbon Removal competition with its enhanced rock weathering method, which effectively locks carbon in soils. The technology uses basalt rock to absorb carbon dioxide and improve soil productivity. Founder Shantanu Agarwal emphasized the potential for this method to benefit around 200 million smallholder farmers globally. The company aims to sell carbon credits at competitive prices, while supporting sustainable farming practices. Mati plans to expand its operations to more countries in the Global South, further promoting its eco-friendly initiatives.
Created at: April 23, 2025 11:30am
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PHNX Materials Secures $2.5M to Transform Coal Ash into Concrete Solution
PHNX Materials Secures $2.5M to Transform Coal Ash into Concrete Solution
PHNX Materials has raised $2.5 million in seed funding to enhance concrete sustainability by utilizing fly ash from coal waste. The startup, co-founded by Krish Mehta and Jorge Osio-Norgaard, aims to replace up to 30% of cement in concrete, significantly reducing carbon emissions. Their innovative process purifies fly ash by removing sulfur and aluminum impurities, addressing the growing shortage of quality fly ash due to coal plant closures. By providing a lower-carbon alternative, PHNX seeks to revolutionize the construction materials industry while also offering extracted sulfur and aluminum to other sectors.
Created at: April 21, 2025 6:00pm
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EPA Investigates Geoengineering Startup for Air Pollution Concerns
EPA Investigates Geoengineering Startup for Air Pollution Concerns
The U.S. Environmental Protection Agency (EPA) has launched an investigation into Make Sunsets, a two-man startup from Silicon Valley that releases weather balloons filled with sulfur dioxide to cool the Earth. The practice, which aims to combat climate change, raises concerns about potential air pollution and health risks. Critics argue that geoengineering could have unforeseen effects on weather patterns. Although Make Sunsets claims its actions comply with the Weather Modification Act of 1976, the EPA's scrutiny highlights the regulatory challenges of climate modification. The company has raised $750,000 from notable investors.
Created at: April 18, 2025 3:30pm
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Occidental Acquires Carbon Removal Startup Holocene to Boost Direct Air Capture Efforts
Occidental Acquires Carbon Removal Startup Holocene to Boost Direct Air Capture Efforts
Occidental Petroleum has acquired Holocene, a carbon removal startup, through its subsidiary Oxy Low Carbon Ventures. This marks Occidental's second acquisition of a direct air capture company in two years. Holocene's technology, which utilizes amino acids for carbon capture, is priced at $100 per metric ton, significantly lower than current market rates. The acquisition will support Occidental's ongoing research in enhanced oil recovery, utilizing captured CO2. Holocene previously secured a $10 million deal with Google for carbon removal services, aiming to deliver 100,000 metric tons by the 2030s.
Created at: April 17, 2025 8:30pm
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Google Invests in Geothermal Energy for Data Centers in Taiwan
Google Invests in Geothermal Energy for Data Centers in Taiwan
Google has announced its first geothermal investment in Asia, committing 10 megawatts of geothermal power in Taiwan to enhance its renewable energy portfolio. The project, developed by Swedish firm Baseload Capital, has been underway since 2019, focusing on mapping geothermal resources in the region. This follows a previous agreement with geothermal startup Fervo, which connected a 3.5-megawatt plant in Nevada. By 2050, Taiwan aims to harness 6 gigawatts of geothermal energy, contributing to its sustainable energy goals and leveraging its position on the Ring of Fire.
Created at: April 15, 2025 6:30pm
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Microsoft Secures Major Carbon Removal Deal with CO280
Microsoft Secures Major Carbon Removal Deal with CO280
Microsoft has signed a deal to acquire 3.7 million metric tons of carbon removal credits from CO280, focusing on emissions from a Gulf Coast pulp and paper mill. This initiative aims to support Microsoft's goal of becoming carbon-negative by 2030, as the company currently emits 17.1 million metric tons of greenhouse gases. The carbon capture project, set to begin in 2028, is projected to remove about 40% of the mill's biogenic CO2. CO280 plans further expansions, and the deal is expected to enhance the financial viability of participating paper mills.
Created at: April 11, 2025 11:00am
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XL Batteries Innovates with Organic Flow Batteries for Grid-Scale Energy Storage
XL Batteries Innovates with Organic Flow Batteries for Grid-Scale Energy Storage
XL Batteries, a promising startup, is revolutionizing energy storage by developing organic flow batteries that aim to outperform traditional lithium-ion solutions. Co-founder Tom Sisto revealed that their technology could be cheaper, safer, and more durable. Targeting grid-scale applications, XL Batteries plans to deploy a demonstration unit at Stolthaven Terminals. The innovative design utilizes existing petrochemical infrastructure, enabling large-scale installations. With the potential to power 25,000 homes for a day, the company is poised to significantly impact renewable energy storage.
Created at: April 8, 2025 12:00pm
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Northwind Climate Reveals Surprising Traits of Climate-Conscious Consumers
Northwind Climate Reveals Surprising Traits of Climate-Conscious Consumers
Doug Rubin's startup, Northwind Climate, has unveiled a surprising demographic of 'climate doers' who prioritize eco-friendly purchases while frequently dining at fast food restaurants. About 30% of these consumers identify as Republicans. The startup, which recently raised $1.05 million in pre-seed funding, utilizes behavioral analysis from surveys to classify consumers into five distinct groups regarding their climate concerns. Northwind also offers a subscription service for companies to access valuable consumer insights and is developing an AI model to analyze marketing materials. Rubin emphasizes the need for brands to authentically connect with this diverse consumer base.
Created at: April 1, 2025 8:01pm
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Trump Administration Shields DOGE Documents from FOIA Disclosure
Trump Administration Shields DOGE Documents from FOIA Disclosure
The Department of Energy has implemented measures to protect documents related to DOGE from being disclosed under the Freedom of Information Act. A memo from acting general counsel David R. Taggart outlines procedures for evaluating grants and contracts for efficiency and alignment with DOE priorities. Officials are instructed to complete spreadsheets carefully to avoid litigation risks associated with DOGE cutbacks. The memo suggests that even the DOE's national laboratories may face scrutiny, highlighting the potential for widespread impacts on contracts and grants within the department.
Created at: March 24, 2025 4:00pm
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EPA's Actions Against Nonprofits Deemed 'Arbitrary and Capricious' by Federal Judge
EPA's Actions Against Nonprofits Deemed 'Arbitrary and Capricious' by Federal Judge
A federal judge has ruled that the Environmental Protection Agency (EPA) acted arbitrarily when it froze the accounts of three nonprofits. The judge issued a restraining order requiring the EPA and Citibank to restore access to funds. The nonprofits, recipients of grants from the Greenhouse Gas Reduction Fund, challenged the EPA's vague claims of waste and fraud. The judge found no substantiated evidence for the EPA's actions, which could cause irreparable harm to the nonprofits. One plaintiff, Climate United, has committed $392 million to various projects impacted by the freeze.
Created at: March 19, 2025 5:00pm
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Al Gore’s Just Climate Fund Secures $175M for Nature-Based Solutions
Al Gore’s Just Climate Fund Secures $175M for Nature-Based Solutions
Just Climate, an offshoot of Al Gore’s Generation Investment Management, has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS. The fund aims to enhance investments in nature-based climate solutions, which have historically received less attention compared to energy and transportation sectors. This new initiative will focus on projects like reforestation and biological fertilizers to combat greenhouse gas emissions and restore biodiversity. Just Climate's first investment was in NatureMetrics, a company that surveys environmental DNA to assess biodiversity.
Created at: March 18, 2025 4:00pm
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Coreshell Aims to Cut EV Battery Costs with Innovative Silicon Anodes
Coreshell Aims to Cut EV Battery Costs with Innovative Silicon Anodes
Coreshell is poised to revolutionize the electric vehicle battery market by substituting traditional graphite with a proprietary coated silicon material. The startup raised $24 million in a Series A2 funding round led by Ferroglobe, aiming to enhance performance and reduce costs. Coreshell's innovation allows for the use of cheaper metallurgical grade silicon while maintaining battery longevity. The company has already produced its first battery samples and plans to partner with major automakers in the coming year. This approach could challenge the dominance of Chinese graphite in the market.
Created at: March 18, 2025 2:00pm
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Google and Muon Space Launch Satellite to Combat Wildfires
Google and Muon Space Launch Satellite to Combat Wildfires
Google and Muon Space have successfully launched the first satellite of the FireSat constellation, aimed at enhancing wildfire detection and monitoring. This satellite, deployed aboard SpaceX’s Transporter 13 mission, marks the beginning of a system designed to provide near real-time updates on wildfires. When fully operational, the constellation will consist of over 50 satellites, revisiting all points on Earth every 20 minutes. The initiative promises higher resolution imagery to improve firefighting efforts, addressing limitations of current wildfire tracking methods. This project is supported by multiple nonprofit organizations focused on environmental protection.
Created at: March 17, 2025 6:00pm
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Palmetto Launches AI Tools to Electrify American Homes
Palmetto Launches AI Tools to Electrify American Homes
Palmetto is expanding its approach to residential electrification by utilizing AI to create virtual models of homes across the U.S. This innovation allows developers to access data-driven insights about solar panel installations, backup batteries, and heat pumps. By simulating over 60 characteristics of residential buildings, Palmetto aims to enhance the efficiency of electrification projects. The company is also opening its tools to external developers, providing them with free API access to promote innovative applications. This move is expected to accelerate the electrification of the U.S. building stock.
Created at: March 17, 2025 2:00pm
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Arizona Bill Could Shift Wildfire Liability from Utilities to Insurers
Arizona Bill Could Shift Wildfire Liability from Utilities to Insurers
Arizona lawmakers are considering a controversial bill that would protect utility companies from lawsuits related to wildfires, potentially impacting homeowners' insurance. The legislation would make it more difficult to hold utilities accountable for wildfires caused by their equipment while requiring them to submit risk mitigation plans every two years. Critics warn that this could shift the financial burden onto homeowners, leading to increased insurance premiums. As wildfire risks escalate due to climate change, the insurance industry is already facing significant losses, raising concerns about affordability and coverage for residents.
Created at: March 14, 2025 5:00pm
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FBI and EPA Demand Citibank Freeze Nonprofit Climate Funds Amid Controversy
FBI and EPA Demand Citibank Freeze Nonprofit Climate Funds Amid Controversy
Citibank has been ordered by the FBI, EPA, and Treasury to freeze accounts of various nonprofits linked to the Greenhouse Gas Reduction Fund. This fund, part of the Inflation Reduction Act, allocated $27 billion for clean technology projects. The freeze affects organizations like Habitat for Humanity and the Colorado Clean Energy Fund. In court, a judge questioned the EPA's claims of fraud, demanding credible evidence. Some nonprofits have filed lawsuits against Citibank to release their funds. The situation raises significant concerns about the future of green financing.
Created at: March 14, 2025 9:02am
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Trump's Executive Order Threatens U.S. Offshore Wind Industry
Trump's Executive Order Threatens U.S. Offshore Wind Industry
In a significant move, President Donald Trump has signed an executive order halting federal leases for offshore wind development on the outer continental shelf, potentially jeopardizing the budding industry in the U.S. This order allows for existing projects to continue but directs a review of current contracts, raising concerns among stakeholders. The offshore wind sector, previously gaining momentum with several projects underway, now faces uncertainty. While this decision might not eliminate offshore wind altogether, it may shift development opportunities abroad, impacting future capacity growth.
Created at: January 21, 2025 7:00pm
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Climate Tech Matures in 2024 with Bigger Investment Rounds
Climate Tech Matures in 2024 with Bigger Investment Rounds
Despite a 7% decline in venture investment to $12.9 billion, the climate tech sector showed signs of maturation in 2024. According to a new PitchBook report, median deal sizes rose to $7 million, and pre-money valuations jumped to $44.5 million. Investors are increasingly favoring later-stage companies that have successfully moved beyond their seed rounds. The overall deal count dropped by 27% to 568, reflecting broader market trends. The report highlights a shift in investor focus from early-stage to more established climate tech firms, amidst a challenging economic landscape.
Created at: January 16, 2025 8:00pm
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Trump Administration Set to Boost Deep-Sea Mining for Critical Minerals
Trump Administration Set to Boost Deep-Sea Mining for Critical Minerals
The incoming Trump administration may significantly advance deep-sea mining initiatives, as nominees express support for the controversial practice. This method, which involves extracting nodules from the ocean floor, yields vital minerals like copper, nickel, and cobalt essential for technology and energy transitions. However, environmental concerns persist regarding the impact on fragile deep-sea ecosystems. The International Seabed Authority is currently reviewing a permit application from The Metals Company in collaboration with Nauru. Despite political backing, the mining sector faces challenges, including declining demand for costly minerals.
Created at: January 16, 2025 8:00pm
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Google Enters Major Carbon Credit Deal with Indian Startup Varaha
Google Enters Major Carbon Credit Deal with Indian Startup Varaha
Google has signed a groundbreaking agreement to acquire 100,000 tons of carbon dioxide removal credits from Varaha, an Indian startup, marking its first carbon project deal in India. This deal is the world's largest involving biochar, a sustainable product made from biomass. The credits will be sourced from Varaha's facility in Gujarat, utilizing invasive plant species to produce biochar while restoring local ecosystems. The partnership aims for long-term carbon removal solutions, with Varaha targeting one million carbon credits annually by 2030. Financial details of the deal remain undisclosed.
Created at: January 16, 2025 9:30am
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Meta Expands Renewable Energy Portfolio with 200 Megawatts of Solar Power
Meta Expands Renewable Energy Portfolio with 200 Megawatts of Solar Power
Meta has announced the acquisition of 200 megawatts of solar energy from Engie, enhancing its renewable energy portfolio to over 12 gigawatts. This initiative aligns with the tech giant's growing demand for power driven by rapid AI development and data center expansion. The new solar facility, located near an existing Texas data center, is expected to be operational by 2025. Meta is also exploring nuclear power options, seeking up to 4 gigawatts for the early 2030s. This move follows similar commitments from other tech companies to bolster their renewable energy capacities.
Created at: January 15, 2025 9:00pm
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Xocean Secures $119M Funding to Advance Ocean Data Collection with USVs
Xocean Secures $119M Funding to Advance Ocean Data Collection with USVs
Xocean, an Irish marine robotics startup, has successfully raised €115 million ($119 million) to enhance its ocean data services for the energy and hydrography sectors. Established in 2017, the company operates a fleet of uncrewed surface vessels (USVs) equipped with advanced sensors to gather critical environmental data. Xocean's clientele includes major players like BP and Shell, and with this new funding, it aims to expand into additional offshore markets such as wind energy and carbon capture. The investment was led by S2G Ventures, reflecting growing interest in climate tech solutions.
Created at: January 9, 2025 12:00pm
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Nuclear Startup Deep Fission Aims to Power Data Centers with Burying Micro-Reactors
Nuclear Startup Deep Fission Aims to Power Data Centers with Burying Micro-Reactors
Deep Fission, a nuclear startup, has partnered with Endeavour to construct 2 gigawatts of subterranean nuclear power to meet the rising energy demands of data centers. Their innovative approach involves lowering pressurized-water reactors into a one-mile deep borehole, utilizing geological depth to enhance safety. The startup aims for a competitive cost of five to seven cents per kilowatt-hour, significantly less than existing nuclear power estimates. With plans to activate its first reactor by 2029, Deep Fission awaits regulatory approval under an expedited timeline, paving the way for a potential nuclear power renaissance in the U.S.
Created at: January 7, 2025 9:00pm
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Hydrogen Tax Credit Rules Provide Clarity for Startups and Boost Carbon Capture
Hydrogen Tax Credit Rules Provide Clarity for Startups and Boost Carbon Capture
The U.S. Treasury has announced final rules for hydrogen producers to qualify for tax credits under the Inflation Reduction Act, ending a long wait for startups in the sector. These regulations aim to ensure that new hydrogen production does not increase greenhouse gas emissions. Producers can earn up to $3 per kilogram for lower-emission hydrogen types. The updated guidelines also permit existing nuclear power plants to contribute electricity, benefiting the industry. Experts express gratitude for the clarity but seek additional flexibility in power sourcing requirements.
Created at: January 3, 2025 6:00pm
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Electra Secures $257M in Funding to Revolutionize Iron Purification
Electra Secures $257M in Funding to Revolutionize Iron Purification
Electra has successfully raised $76.3 million towards a total goal of $256.7 million to innovate the ironmaking industry. The startup has developed a groundbreaking method to purify iron using electricity, targeting the pollution-heavy processes that dominate steel production. Their electrowinning technique allows for the extraction of iron from low-grade ores, potentially reducing carbon emissions significantly. This approach is a shift from traditional blast furnaces that rely on fossil fuels. Investors from previous funding rounds include Amazon and Nucor, indicating strong market interest in cleaner production methods.
Created at: January 3, 2025 3:30pm
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2025: A Pivotal Year for Climate Tech and AI Integration
2025: A Pivotal Year for Climate Tech and AI Integration
As 2025 approaches, the climate tech landscape is shifting, influenced by recent U.S. federal election outcomes that may jeopardize the Inflation Reduction Act. Despite challenges, there is a growing interest in nuclear, fusion, and hydrogen technologies to meet soaring energy demands from AI data centers. Startups are exploring smaller nuclear designs and advancing fusion projects, while hydrogen firms face uncertainty due to potential subsidy cuts. The year ahead could be crucial for investment and innovation in these sectors, as companies navigate regulatory changes and funding opportunities.
Created at: January 2, 2025 2:00pm
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Furno Secures $20M Grant for Low-Carbon Cement Production in Chicago
Furno Secures $20M Grant for Low-Carbon Cement Production in Chicago
Cement startup Furno has been awarded a $20 million grant from the Department of Energy to establish low-carbon micro-kilns at a Chicago concrete plant. This initiative aims to alleviate transportation costs and reduce pollution by producing cement locally. Furno's partner, Ozinga, currently sources 60,000 tons of cement annually, and the new kilns will utilize biogas and recycled materials to minimize environmental impact. The project, named Project Oz, is expected to create 80 jobs and will be showcased at TechCrunch Disrupt 2024 in San Francisco.
Created at: October 22, 2024 7:30pm
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Turnover Labs Transforms Waste CO2 into Valuable Chemical Building Blocks
Turnover Labs Transforms Waste CO2 into Valuable Chemical Building Blocks
Turnover Labs, founded by Marissa Beatty, is revolutionizing how petrochemical plants handle waste CO2. Instead of costly carbon capture and storage, the startup proposes converting waste CO2 into useful chemical compounds on-site. Beatty's research into electrolyzers, aimed at enhancing their durability, underpins this innovative approach. The company recently secured $1.4 million in pre-seed funding to further develop its technology. This funding will facilitate partnerships to test their electrolyzer technology against real-world gas streams, ultimately aiming to strengthen the process of CO2 conversion.
Created at: October 22, 2024 12:30pm
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Ex-Watch Trader Launches Terralayr: The AWS of Grid Storage
Ex-Watch Trader Launches Terralayr: The AWS of Grid Storage
Phillip Man, a former watch trader, has founded Terralayr, a startup aimed at revolutionizing grid-scale energy storage. Drawing inspiration from AWS, Terralayr aggregates and manages battery storage capacity for energy traders, allowing them to optimize their output. The company currently operates seven megawatt-hours of capacity and has development agreements for over 200 sites in Germany. With €62 million in equity and €15 million in debt raised, Man sees potential expansion into U.S. markets, particularly California and Texas. Terralayr aims to bridge gaps in energy supply, enhancing grid reliability and sustainability.
Created at: October 18, 2024 4:00am
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Amazon Invests in Nuclear Power: Partners with X-Energy for Small Reactors
Amazon Invests in Nuclear Power: Partners with X-Energy for Small Reactors
Amazon has joined Microsoft and Google in supporting nuclear energy by investing in startup X-Energy. The tech giant announced three deals to develop small modular reactors (SMRs) that will add 300 megawatts of capacity in data center regions of the Pacific Northwest and Virginia. The construction of four SMRs in Washington could ultimately power one million homes. X-Energy's innovative reactor design promises a safer fuel system and aims to generate 5,000 megawatts of new nuclear power by 2039. These initiatives mark a significant shift towards nuclear energy amidst rising competition from renewable sources.
Created at: October 16, 2024 5:00pm
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Kenya's Octavia Secures $3.9M to Pioneer Carbon Removal Technology
Kenya's Octavia Secures $3.9M to Pioneer Carbon Removal Technology
Octavia Carbon, a Kenyan startup focused on Direct Air Capture (DAC), has raised $3.9 million in seed funding to enhance its carbon removal capabilities. Founded two years ago, Octavia plans to expand its technology to capture up to 1,500 tons of CO2 annually by 2025. The startup’s innovative approach includes liquefying captured carbon for underground storage in Kenya’s Rift Valley, which has optimal geological conditions. Co-founders Martin Freimüller and Duncan Kariuki aim to leverage local renewable energy sources to achieve scalable operations while addressing climate change effectively.
Created at: October 16, 2024 10:00am
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Google Partners with Kairos Power for Nuclear-Powered Data Centers
Google Partners with Kairos Power for Nuclear-Powered Data Centers
Google has officially signed a deal with nuclear startup Kairos Power to construct seven small reactors, aiming to deliver 500 megawatts of carbon-free electricity to its data centers. This initiative reflects the increasing energy demands driven by data centers and AI technologies. The reactors are expected to be operational by 2030, though this timeline is considered optimistic. Google joins Microsoft and Amazon in exploring nuclear solutions for energy needs, despite the ongoing skepticism surrounding nuclear power among the public. Kairos faces hurdles as it attempts to innovate with small-modular reactor technology while competing against emerging fusion startups.
Created at: October 14, 2024 11:00pm
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Aerleum Develops Innovative DAC Technology to Transform CO2 into Fuel
Aerleum Develops Innovative DAC Technology to Transform CO2 into Fuel
Aerleum, a startup founded by Sébastien Fiedorow and scientist Steven Bardey, aims to revolutionize direct air capture (DAC) by converting captured carbon dioxide directly into methanol fuel. The company has secured $6 million in seed funding to build a pilot device for this technology. Aerleum's process removes the need for traditional DAC steps, allowing for a more efficient conversion of CO2 into fuel. The startup targets a production cost of $650 per metric ton of methanol within five years, positioning itself competitively against fossil fuels.
Created at: October 14, 2024 1:00pm
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Data Center Tech Growth Surges Amid AI Boom, But Startups Face Adoption Hurdles
Data Center Tech Growth Surges Amid AI Boom, But Startups Face Adoption Hurdles
The data center industry is rapidly expanding, driven by the growing demand for AI infrastructure, with the market projected to exceed $622 billion by 2030. However, startups aiming to innovate in this space face significant challenges, including high operational costs and the need for efficient energy consumption. Major companies like Microsoft are seeking solutions, yet skepticism remains about the scalability of new technologies. Despite the hurdles, startups like Incooling are gaining traction as interest in sustainable data center solutions increases, fueled by impending regulations.
Created at: October 13, 2024 3:00pm
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Scope3 Launches Initiative to Track AI's Carbon Footprint
Scope3 Launches Initiative to Track AI's Carbon Footprint
Scope3, founded by Brian O’Kelley, has begun tracking the carbon footprint of AI in digital advertising. This initiative follows O’Kelley’s realization during an MIT course that the significant carbon emissions from metals come from mining, prompting him to pivot to digital ads. With a new funding round led by GV, raising $25 million, Scope3 aims to reduce waste in programmatic advertising while addressing environmental concerns. The startup's approach combines economic efficiency with sustainability, leveraging AI to enhance its data models and client offerings.
Created at: October 10, 2024 1:00pm
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Diagram Expands into Climate Tech with $80 Million CAD Fund
Diagram Expands into Climate Tech with $80 Million CAD Fund
Montreal-based venture studio Diagram has announced the launch of its ClimateTech Fund, raising $80 million CAD, surpassing its initial target of $60 million CAD. This marks Diagram's first fund focused on climate technology, aiming to support startups in the climate sector. The firm plans to provide capital, customer connections, and product development frameworks to help early-stage companies succeed. Diagram is already developing two startups under this fund, including Relion, which focuses on EV charging infrastructure, and Lyteflo, an EV sales enablement solution. Interest in climate-focused investments remains robust despite broader fundraising challenges.
Created at: October 10, 2024 12:00pm
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BaCta Pioneers Bio-Engineered Natural Rubber to Slash CO2 Emissions
BaCta Pioneers Bio-Engineered Natural Rubber to Slash CO2 Emissions
Paris-based startup baCta is revolutionizing natural rubber production using engineered E.coli bacteria, aiming for a carbon-neutral process. Recently securing €3.3 million in funding, baCta plans to scale its lab-based methods to meet industrial demands. The initiative addresses sustainability concerns with synthetic rubber while offering a hypoallergenic alternative. CEO Mathieu Nohet believes this innovation can significantly reduce CO2 emissions and provide competitive pricing. Initially targeting luxury fashion brands, baCta aims to expand into broader industrial applications. The startup plans to reach pilot scale within 18 months, paving the way for further growth.
Created at: October 10, 2024 7:00am
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Ex-Planetly Execs Launch AI-Driven Carbon Accounting Startup Forward Earth
Ex-Planetly Execs Launch AI-Driven Carbon Accounting Startup Forward Earth
Former Planetly executives Cari Davidson, Giuseppe Gentile, and Micha Schildmann have launched Forward Earth after their unsatisfactory exit from the carbon accounting startup acquired by OneTrust. The trio is leveraging AI to develop a platform aimed at smaller companies, which often lack access to costly consulting services. They recently secured €4.5 million in seed funding from Mosaic Ventures, Speedinvest, and Revent. Forward Earth aims to simplify CO2 footprint calculations and enhance supply chain transparency, addressing a gap in the market. The startup plans to expand its operations across Europe, the U.S., and Asia.
Created at: October 9, 2024 11:30am
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Lithios Innovates Lithium Extraction from Salty Water with Battery Tech
Lithios Innovates Lithium Extraction from Salty Water with Battery Tech
Lithios, a startup founded by Mo Alkhadra, is revolutionizing lithium extraction by using technology inspired by lithium-ion batteries. Instead of traditional mining methods, Lithios captures lithium from underground briny water, minimizing costs and environmental impact. Recently, the company raised $10 million in seed funding to scale its operations and develop a pilot system for field testing. Their method, which involves electrified intercalation compounds, allows for efficient lithium recovery while recycling water. With growing demand for sustainable lithium sources, Lithios aims to meet the needs of the electric vehicle industry.
Created at: October 8, 2024 11:00am
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