GreenTech

Commonwealth Fusion Systems is shipping a pair of its specialized magnets to the University of Wisconsin–Madison, the startup exclusively told TechCrunch. The move comes years before CFS anticipates starting its demonstration reactor, SPARC. It’s the first such deal, though possibly not the last, suggesting that the fusion sector has matured to the point where it
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According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda, an “Article 9” €300 million climate tech fund based out of Madrid. Article 9 refers to the EU’s Sustainable
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When it comes to building software for climate tech, you probably want to build something in the general vicinity of carbon accounting, given that the hottest software platforms in the space have something to do with either accounting, offsets, removals, or regulatory disclosure. For instance, New York’s Persefoni (accounting) raised $164.2 million to date, Plan
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Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led by U.S. venture capital firm Headline. Founded in 2018, Antwerp-based Gorilla works with energy providers across Europe, the U.S. and Australia, including British Gas’ parent
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The folks at Collaborative Fund certainly like a challenge. They don’t specialize in venture capital’s favorite business model, SaaS, preferring instead to invest in sectors like climate, health and food. What’s more, they like companies that focus on consumers, whose fickle attitudes can add another layer of complexity to any business plan. Oh, and they
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Climate change might be the most significant environmental disaster facing humanity, but it’s not the only one. In fact, humanity already faces five others out of a total of nine possible doomsday scenarios. With each line we cross, we jeopardize the planet’s ability to self regulate. This concept of planetary boundaries is helpful for scientists,
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Conner Galloway and Alexander Valys have followed developments in nuclear fusion research since they were roommates at MIT some 20 years ago. For much of that time, it wasn’t the most exciting pastime: breakthroughs were few and far between, and commercial fusion remained perpetually on the horizon, always 20 years away from providing inexpensive, inexhaustible,
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