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Elemental Excelerator to Fund 15 Climate Companies in 12th Cohort

Elemental Excelerator

Elemental Excelerator, a leading nonprofit investor in climate technology for deep community impact, introduced its latest cohort, bringing its total amount of investments to $79M. These 15 climate companies will join an existing portfolio of more than 150 investments. invested in Cohort 12, $7.2M Of the $12.5M

Soil 111
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LanzaTech inks $500m partnership with Mark Carney's Brookfield

Business Green

Carbon capture technology specialist LanzaTech has scooped up $500m backing from Mark Carney-affiliated investment giant Brookfield as part of a strategic partnership aimed at co-developing commercial plants that recycle CO2 into new commodities and products.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Climate tech venture capital dropped 40% in H1’23 but climate-focused funds have still been steadily stacking the green, with at least $33B of investable dry powder ready to deploy in climate tech startups.   Sandbrook Capital, a Stamford Connecticut based private investment firm, raised $1.5B

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Top brands strengthen links between net zero goals and supply chain innovation

Business Green

The company set aside $1.2bn in research and development funds for biotechnology and low-carbon chemistry technologies that support that goal. IKEA, for example, is increasingly investing in direct ownership of resources vital to its future, notably forestland, which it can manage to certain sustainable forest practices.

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? Green linings & lessons from breakthroughs #159

Climate Tech VC

A breakthrough in next-generation geothermal, industry approval for emissions-free cement, and the start of construction on a first commercial sustainable aviation fuel (SAF) plant illustrate progress and put the focus on execution moving forward. Meanwhile, extreme heat boils over into labor issues.

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eHang Is About To Make Aviation History — 1st eVTOL Service Coming In December

CleanTechnica

It's been a little while since we dedicated proper time to covering revolutionary eHang and its progress with electric vertical takeoff & landing (eVTOL) aircraft. Besides the blisteringly fast pace of several aircraft developments, the company is readying its eHang 216 autonomous aerial vehicles (AAVs).