- 2150 launches with $240M fund to reduce the carbon footprint of the world’s growing citiesA new VC fund, 2150, is launching with the first close of a €200 million ($240 million) fund which will back technologies aimed largely at reducing the carbon footprint of cities. For example, startups that inject carbon into concrete, or monitor the energy of buildings. The final close is anticipated ... read more
- Volta Energy Technologies raises over $90M of a targeted $150M fund to back energy storage startupsVolta Energy Technologies, the energy investment and advisory services firm backed by some of the biggest names in energy and energy storage materials, has closed on nearly $90 million of a targeted $150 million investment fund, according to people familiar with the group’s plans. The venture investment vehicle complements a ... read more
- Gridware is building early-detection sensors for power grid failures and wildfiresLike corporate financial accounting, the power grid never draws headlines when things are going well. No journalist writes “The power remains on,” or discusses the extensive work it takes to maintain the grid. Instead, it takes a record-breaking ice wave to knock out power to one of the largest states ... read more
- DuPont and VCs see lithium mining as a critical investment for the electric future“Mining” has become synonymous with crypto the past few years in the tech industry, what with Bitcoin piercing the $50,000 barrier and GPUs and ASICs worldwide scrambling to hash functions in a bid for distributed crypto manna. That excitement belies an increasingly energetic push though to bring VC dollars and ... read more
- Geothermal home heating gets a $30 million boost from Bill Gates’ Breakthrough Energy VenturesThere’s a low-energy solution to home heating and cooling sitting right underneath most houses, but until recently no one has been able to tap it. That solution is geothermal energy, using the earth’s own heat to provide temperature-controlled comfort to homeowners is the mission that Kathy Hannun set for herself ... read more
- Use today’s tech solutions to meet the climate crisis and do it profitablyBertrand Piccard Contributor Share on Twitter Bertrand Piccard initiated the Solar Impulse Foundation after his history-making flight around the world in a solar-powered plane. Fueled only by the rays of the sun, his flight proved that existing methods and ... read more
- Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boomShell’s plan to roll out 500,000 electric charging stations in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet ... read more
- EV charging stations, biofuels, the hydrogen transition and chemicals are pillars of Shell’s climate planRoyal Dutch Shell Group, one of the largest publicly traded oil producers in the world, just laid out its plan for how the company will survive in a zero-emission, climate conscious world. It’s a plan that rests on five main pillars that include the massive rollout of electric vehicle charging ... read more
- New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’“We intend to build the Standard Oil of renewable energy,” said James McGinniss, the co-founder and chief executive of David Energy, in a statement announcing the company’s new $19 million seed round of debt and equity funding. McGinniss’ company is aiming to boost renewable energy adoption and slash energy usage ... read more
- A startup using a new tech to make hydrogen extracts cash from Bill Gates’ climate tech fund
- LanzaJet inks deal with British Airways for 7,500 tons of low-emission fuel additive per yearLanzaJet, the renewable jet fuel startup spun out from the longtime renewable and synthetic fuel manufacturer LanzaTech, has inked a supply agreement with British Airways to supply the company with at least 7,500 tons of fuel additive per year. The deal marks the second agreement between the U.K.-based airline and ... read more
- Here’s how Elon Musk’s $100 million Xprize competition for carbon removal will workElon Musk notified the world that he would be donating $100 million to pursue new technologies for carbon capture, methods through which carbon dioxide can be actively extracted from the atmosphere as a means to help stave off climate change. As TechCrunch reported in January when he made the tweet, ... read more
- Electric moped startup Revel launches an EV charging businessRevel, the shared electric moped startup, is building a DC fast-charging station for electric vehicles in New York City, the first in a new business venture that will eventually spread to other cities. The company said Wednesday that this new “Superhub,” which is located at the former Pfizer building in ... read more
- Amazon begins testing customer deliveries using Rivian electric vansAmazon has started making deliveries to customers in Los Angeles using electric vans designed and built by Rivian. The electric vans, which are part of Amazon’s 2040 climate pledge, won’t go into series production until the end of the year, according to an update Wednesday by the company. Amazon declined ... read more
- bluShift Aerospace launches its first rocket powered by biofuelsNew space startup bluShift wants to bring a new kind of propellant to the small satellite launching market, with rockets powered by bio-derived rocket fuels. These differ from traditional fuels in that they offer safety advantages during handling, and ecological advantages during production and use. The startup has been working ... read more