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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

🚗 Vertical: Transportation and Energy investment declined, but remained on top. Food & Land Use fell dramatically, down -55%, and was replaced by Industry in the big three. Redwood Materials raised $1bn to build its US battery materials and recycling facility. Removing Industry, the average was 34% down. 

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? Spinning CO2 into clothes

Climate Tech VC

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. fashion industry , which accounts for ~10% of global CO2 emissions —more than aviation and shipping combined.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Meta-Headlines of 2023 As our beloved industry matures, our hope for when climate tech grows up is for it to “become boring.” Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. Proterra, the dominant electric bus maker, was just one high profile example.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Demand The most critical of energy transition minerals.   Demand is on the rise.

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Recycling in the Office: The In’s and Out’s of Setting Up an At-Work Recycling Program

Green Business Bureau

With more companies taking the leap into sustainability these days, recycling in the office has become one of the top green initiatives for corporate sustainability programs. The Benefits of Recycling in the Office. The fact is: All companies, even those with remote workforces, generate some form of waste. Enhances Company Reputation.

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What Is B Corp? B Corp Certification Guide + Quick Assessment

Green Business Bureau

Certification is shown to attract and engage top talent, increase credibility and build trust, slash costs, meet the demands of a consumer majority, and protect a company’s mission in the long term. Today, there are over 6,000 certified B Corps , in more than 8 countries and over 150 different industries.

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? Toasting tax credit guidelines #179

Climate Tech VC

  In deals,   $2.2bn in electric cars, $800m for Octopus’ expansion, and $34m for EVs in India. Verdagy , Electric Hydrogen ).  Industry incumbents like utilities, nuclear, hydro, and oil and gas with legacy energy production along with regions with little access to solar and wind may also be left in the cold.