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? CTVC’s guide to NYCW #163

Climate Tech VC

In the news this week, $7T for fossil fuel subsidies, the summer brings more tropical storms, and Equinor opens the world’s largest floating wind farm… to power oil drilling. for Northvolt to build energy storage, $100M for direct lithium extraction, and $60M for heat batteries. Thanks for reading!

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A contamination conundrum

Envirotec Magazine

The announcement appeared to draw condemnation from environmental groups and neighbouring countries, while support was forthcoming from both the US and the International Atomic Energy Authority (IAEA). The damage to the reactors meant the water used to cool them became contaminated, a problem that is ongoing. The wastewater.

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? H2 hubba, hubba #170

Climate Tech VC

The Biden administration announced $7B for 7 hydrogen fuel hubs to lay the track for the US’s hydrogen 2030 goal. 🏠 JETCOOL , a Littleton Common, MA-based direct-to-chip liquid cooling manufacturer, raised $17M in Series A funding from Bosch Ventures, Schooner Ventures, Raptor Group, and In-Q-Tel.