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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

conditional commitment to Ford’s battery manufacturing program. ❄️ Macro market cools climate tech venture. ☢️ US nuclear power saw mixed results. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The EV supply chain dominated, with critical minerals, batteries, vehicle assembly and charging equipment making up 84% of Q4 investment. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Manufacturing. Energy & industry.

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? Uranium prices go nuclear #181

Climate Tech VC

Post-Fukushima, governments cooled on nuclear energy, but recent shifts recognizing nuclear's role in achieving net zero goals have led to demand outpacing supply. At COP28 , 30 nations vowed to triple global nuclear energy production by 2050. More uranium deals were struck last year than in the past decade.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

In other news, Hertz shifts gears on its EV strategy, Kerry steps down from his climate envoy post, and AI helps discover promising new battery materials.    🔋 Rincell Corporation , a San Francisco, CA-based advanced battery cell developer, raised $1.2m in Seed funding from NextGen Battery Chem Ventures.

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? H2 hubba, hubba #170

Climate Tech VC

Meanwhile, oil continues its price ascent while California interconnection gets speedier and UAW wins union protection for GM battery plant workers.    In deals this week, EV charging “passport” charges up with $200M, a supercapacitor attracts $113M, and yet more funding for nuclear fusion. to $86.83 / barrel.