TC Sessions: Mobility is quickly approaching. Join us on May 18-19 in San Mateo, California and online on May 20 for a deep dive featuring the best, brightest and most intriguing founders, engineers, investors, regulators and technologists dedicated to transforming the way we move people and packages around the globe. Pro Tip: Buy a General
GreenTech
Stellantis will spend $2.8 billion (CAD $3.6 billion) to increase production of electric vehicles at two of its Canadian plants, the company said on Monday. The funding is a portion of the $35.5 billion Stellantis dedicated to electric vehicles and new software over the next year in its push to move away from internal combustion
A Chinese provider of hydrogen used in fuel cell vehicles is considering a NASDAQ debut early next year via a SPAC merger that would land it a $1 billion valuation after listing. If the deal with its undisclosed suitor goes through, Shenzhen State Fuel Cell Corporation (SFCC) will become the latest in a long line
BlocPower founder Donnel Baird grew up in the Bedford-Stuyvesant neighborhood of Brooklyn in the 1980s. The area was so poor that buildings often lacked decent heating systems. People would turn on the stove or use electric heaters to compensate for ineffective central heating. It wasn’t safe or efficient, but it was reality for many families,
It isn’t easy getting a new plane certified and flying — let alone an autonomous one, and electric at that. But Pyka has done just that, clearly impressing the powers that be enough to raise a $37 million A round and get to work on a new cargo-carrying variant of the Pelican aircraft. The company
Don’t call it a pivot, exactly — but it’s a fascinating journey, nonetheless. Umaro Foods, which is set to release a seaweed-based bacon replacement, entered the world as Trophic. The firm, which is now technically a subsidiary of the former, was formed to compete for the $100 million Carbon Removal XPrize. The organization managed to
Exhibiting your early-stage startup at TC Sessions: Mobility 2022 in San Mateo, California on May 18-20 is one of the fastest ways to discover new opportunities and accelerate your growth potential. Hundreds of mobility’s most influential movers, shakers, shippers and unicorn makers will flock to the exhibit floor to see dozens of the latest and
Bitso, a Mexico City-based crypto exchange, is pledging to buy carbon offsets for every bitcoin transaction on its platform to compensate for the cryptocurrency’s environmental toll. It may sound great in theory, but the idea also deserves a heaping dose of skepticism, given the sketchy reputation carbon offset efforts have earned over the years. Bitcoin’s
A multi-year, $100 million Xprize competition for startups trying to remove or reverse carbon emissions has its first crop of big winners. Though the bulk of this Musk money won’t be given away until 2025, these 15 companies are each getting $1M today to keep the lights on til then. The Carbon Removal Xprize, funded
Plastic foam like Styrofoam is a ubiquitous, harmful, and nearly immortal single-use material that is long overdue for a good, green replacement — and Cruz Foam is here to supply it. The startup creates a durable yet backyard-compostable packing foam out of shrimp shells produced (and discarded) by the seafood industry. It recently extended its
Help us win a Webby by voting for us here. This week on Found we talk to Anthony DiMare, the co-founder and CEO of Bedrock, a company that has developed autonomous underwater vehicles (AUVs) to survey and map the seafloor in a much more efficient and affordable way than the traditional “big ship with a
Jesse Klein Contributor Jesse Klein is a science, outdoor and business journalist who has written for New Scientist, GreenBiz, The New York Times and WIRED. Having previously worked inside Bay Area startups, she has a deep understanding of the pressing issues facing the businesses of tomorrow. More posts by this contributor Should we be growing
TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. An online day will follow on May 20 to give our audience, including those who
There’s coming hard out of the gates with a new company, and then there’s Sweep. The company was founded in 2020, then raised a $22 million Series A round a few months ago, following by a $73 million Series B round announced today. The company swept in with a platform for carbon emissions management. It
Rick Schostek, EVP of American Honda, said it best in a released statement: “Announcing a new battery electric vehicle isn’t exactly headline making news these days.” He’s right. There’s seemingly a new EV everyday (including an electric DeLorean, announced yesterday). But this announcement is different. General Motors and Honda today announced a partnership to co-develop
The U.S. government owns about 1,100 charging stations. It may need more than 100,000 charging stations to support widespread EV use in the next decade, according to testimony from the Government Accountability Office (GAO) on Tuesday. The testimony, which was first reported by Reuters, mainly delved into the U.S. Postal Service’s efforts to transition its
Gogoro, the company behind Taiwan’s thriving two-wheeler battery swapping ecosystem, is poised to succeed where others have tried and could not — and now it has the cash to do so. On Monday, the company closed its merger with special purpose acquisition company Poema Global and is now listing on the Nasdaq under the ticker
We often think of NASA as an agency that looks outward into space, but it’s the agency’s position in space that makes it such a powerful tool for observing the Earth itself. Today NASA announced the results of two space-based studies observing climate change across the planet. The first is a data set from the
Well, the early-bird has left the building and taken substantial savings right along with it. Did you miss out? Don’t despair — we’re still committed to making TC Sessions: Mobility 2022 available and accessible to as many mobility fanatics as possible. How? Listen up. We’ve added two new pass types: Expo Only and Online Only.
Dave Mullen Contributor Dave Mullen is an investor at SVB Capital, where he focuses largely on fintech, proptech and insurtech. Dave was previously an investor with Wells Fargo’s principal investment arm and is currently the proptech vertical lead for the EVCA. More posts by this contributor Fintech founders can learn a lesson about frugality from
Take a shipping container, add a helping of AI and a boat-load of black soldier flies, fold in a small mountain of food waste, sprinkle in $16 million of investment led by Balderton Capital, and call in the Michelin reviewers, because om nom, you’ve got yourself a delicious dish called Better Origin. The company is
President Joe Biden will trigger the Defense Production Act to secure U.S. sources of critical minerals and materials like lithium, nickel, cobalt, graphite and manganese that are used to make batteries for electric vehicles and energy storage. The order is in response to spiking gas prices and supply chain constraints caused by Russia’s war in Ukraine.
Plastic bags are bad. Ban them from supermarkets, and the problem is solved, right? Right? Right? Turns out, as is often the case, there may be a little bit more to that story. Researchers at the University of Georgia suggest that banning the sale of plastic bags may come with a side-dish of unintended consequences.
Furniture is one of the largest waste categories in the U.S., generating more than twelve million tons of waste in landfills every year, according to 2018 data by the Environmental Protection Agency. Kaiyo, an online marketplace for second-hand furniture, says it has helped the impact by keeping nearly three million pounds out of landfills since its
The lowly breaker panel has been around for a century without getting much love, and along comes Span. The company is making a compelling bid for better, smarter electrical panels, and just got a $90 million top-up to continue its evolution. The company is solving the challenges of electrification and micro-grid balancing, ensuring that the
Mobility mavens, do you have your sights set on attending TC Sessions: Mobility 2022 but buying your pass keeps slipping down your to-do list? Well, listen up. This is the last week that you can save a very tidy $300 on the price of admission. Early-bird pricing disappears promptly at 11:59 p.m. (PT) on Friday,
Engineers, coders and product designers, lend us your ears! TC Sessions: Mobility 2022 goes big, live and in-person on May 18-19 in San Mateo, California. This two-day deep dive — dedicated to mobility tech, early-stage startups and the investors who fund them — is a prime networking opportunity you don’t want to miss. Looking for
Agtech startup SupPlant‘s flagship product is, essentially, a Babel fish for plants: leveraging a set of hardware sensors, the plants can tell you whether they’ve been drinking enough water, or whether they could do with an additional sip or two. In a world where under-watering has far more damaging results than over-watering, a non-tech-enabled farmer
Utility companies have a problem: Their “smart grids” were created to solve billing problems from a decade ago, not the needs and expectations from 2022 consumers with electric cars, solar panels and an obsession with real-time data. Copper Labs just raised $5.5 million to help them solve that problem, with an elegant little hardware device
Hold your horses, er, unicorns, folks. Time is running out on a serious savings opportunity. We refer, of course, to early-bird pricing on passes to TC Sessions: Mobility 2022, which takes place in-person on May 18-19 in San Mateo, California, with an online component on May 20. Why wouldn’t you act now to save $300
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