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Greentown Labs Member Milestones — May 2024 

Greentown Labs

Funding Active Surfaces , a Go Build 2023 participant and ACCEL Year 1 alum that’s commercializing ultra-thin-film solar technology, raised a $5.6M CalWave Power Technologies , which is working to harness carbon-free power from ocean waves, was chosen by the U.S. Department of Energy.

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'Get ahead of the game now': Could the UK become a leader in carbon removals technology?

Business Green

National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy. Calls for the UK to start scaling up negative emissions technology are becoming shriller.

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Cheap Wind and Solar Should Prompt ‘Rethink’ on Role of CCS, Paper Argues

DeSmogBlog

The falling cost of wind and solar power significantly reduces the need for carbon capture and storage technology to tackle climate change, a new paper has argued. Cheap, abundant renewable energy reduces the value of CCS in all areas.”. The technology features prominently in the UK’s net zero strategy. Renewables.

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The government’s new ‘Earthshot’ — making it cheap to suck CO2 out of the atmosphere

Grist

government has a new goal to make it much cheaper to suck carbon dioxide out of the air. The Earthshots program is the Department of Energy’s attempt to help scale up some of the nascent technologies that could be required to cut greenhouse gas emissions and to make them cheaper.

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? Spinning CO2 into clothes

Climate Tech VC

Why doesn’t technology mimic the alchemy of photosynthesis? Now the CEO of Rubi Laboratories , Mashouf wants to clean up the industrial sector and create processes that harness the powerful systems of the natural world to create a sustainable manufacturing ecosystem. spinning, weaving, and knitting). FOAK for scale.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B sustainable infra fund.

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Meet the startup producing oil to fight climate change

Grist

It had been about a year and a half since he left his job at an aerospace company to found a clean energy startup in San Francisco with three of his friends, but the path to success he’d once envisioned had crumbled. For a while things had been looking up for Charm Industrial. Courtesy of Charm Industrial.