GreenTech

Today, for a series of climate-related conversations organized by the global venture firm SOSV, we interviewed famed investor Chris Sacca, whose investment firm Lowercarbon Capital is managing $2 billion in capital across one fund that’s focused on nuclear fusion, another fund focused expressly on carbon removal, and the rest across a wide spectrum of bets.
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The Biden-Harris administration, through the Department of Energy (DOE), announced Wednesday that 20 battery companies will receive a combined $2.8 billion to build and expand commercial-scale facilities in 12 states. This is the first phase of $7 billion in total from President Biden’s Infrastructure Law that aims to strengthen domestic battery supply chains and reduce
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Over the last 10 years startups in Africa’s off-grid solar sector have attracted over $2.3 billion in funding. However, the largest share of the financing has gone to just seven pay-as-you-go (pay-go) Africa-based scaleups, leaving hundreds of others in the early-stage struggling to fundraise, according to the newly released biennial Gogla-World Bank report. The seven
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RJ Scaringe, founder and CEO of electric vehicle maker Rivian, says the company’s future goes beyond electric trucks and vans. And he’s putting considerable human power behind that effort. Of Rivian’s nearly 15,000 employees, about half are focused on future products, Scaringe said while on stage Wednesday at TechCrunch Disrupt. “So that’s updated compute, updated
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The electric everything revolution is here, and with it an unprecedented demand for critical battery materials. The most precious of all? Lithium, the crucial ingredient in the lithium-ion batteries that will power everything from your Tesla to your iPhone.  The problem is, extracting lithium is expensive, time-consuming, labor intensive and takes a serious toll on
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Lightrock, the London-based backer of neobank Niyo and “wood modification” company Kebony, has secured about $834 million (€860 million) for a new fund focused on climate tech. The private equity and venture firm plans to pump the money into startups in areas such as clean energy, decarbonization and sustainable agriculture. Lightrock will write checks as small
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Shortly after the COVID pandemic hit, inspiration struck Ryan Abernathey and Joe Hamman. The pair had been watching the “mass mobilization” of the epidemiology research community, Abernathey said. “Joe and I were both thinking at the time, ‘We wanted to be part of something with that level of intensity and urgency around climate change.’” Abernathey
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Form Energy closed a $450 million Series E fundraising round yesterday to continue its work turning iron into rust. The round was led by TPG Rise Climate and joined by new investors GIC and Canada Pension Plan Investment Board. Existing investors ArcelorMittal, Breakthrough Energy Ventures, Capricorn Investment Group, Coatue, Energy Impact Partners, The Engine, NGP
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To state the (painfully) obvious: The fates of agriculture and climate change are inextricably linked. The weather dictates what grows where and when, but as the Earth warms beneath a wool blanket of excess carbon, agriculture is especially vulnerable in ways you might not expect. Record-setting heat and droughts fry grasses that farmers depend on
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Failing to address climate change via investments endangers constituents (and the economy) Dominic-Madori Davis 8 hours Less than two months before Hurricane Ian swept across Florida, its governor, Ron DeSantis, referred to ESG investing as a danger to economic freedom. His office even released a statement saying the practice sought to “advance a woke ideological
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Climate change and geopolitical instability are wreaking havoc on agriculture. To gauge how VCs are responding to these issues, we spoke with seven investors. For starters, rising greenhouse gas emissions are driving punishing droughts and storms, which are harming crops, exacerbating food insecurity and threatening countless livelihoods. At the same time, Russia’s invasion of Ukraine
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