[Earth VC Monthly Roundup] September 2023 - Sustainable Investment Journey!

Hello everyone,

Welcome to the September edition of Earth Venture Capital's newsletter! As the seasons transition and the world continues to evolve, we are excited to bring you the latest updates and insights from our sustainable investment journey.

In this edition, we'll explore the latest developments in sustainable technology, share success stories from our portfolio companies, and highlight the growing impact of our investments on creating a more sustainable and prosperous future.

PORTFOLIO UPDATES

Clearbot

Revisiting Partnership: Clearbot & Microsoft

Clearbot is proud to have received Microsoft's AI for Earth grant, which kickstarted their collaboration aimed at harnessing AI for environmental change. Their AI-powered boat stands proudly at Microsoft's Experience Centre, a symbol of our commitment to innovative eco-solutions. Recently, the Clearbot team had the privilege of training the Microsoft team, strengthening our partnership and deepening our expertise. Their AI model has now optimized waste collection and environmental monitoring, reducing our carbon footprint.

Group14 Technologies

Group14 announced it has successfully negotiated its contract for the Battery Materials Processing and Battery Manufacturing award with the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC). As the company continues to scale, the $100 million award is instrumental in accelerating Group14's domestic manufacturing capacity to deliver advanced silicon battery materials to secure the U.S. battery supply chain.

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ITC - Intelligent Traffic Control

Peachtree Corners – one of the nation's first smart cities powered by real-world connected infrastructure and 5G – announced a partnership with ITC Intelligent Traffic Control Ltd (ITC). ITC will be partnering with Curiosity Lab to launch this solution for the first time in the United States and will be deploying the solution in select Peachtree Corners' traffic intersections for demonstrations and testing.

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GetSolar

Solar AI is on MoneyFM 89.3's Mind Your Business podcast, sharing about the topic: Solar savings made simple for property owners. Bolong Chew, Founder and CEO of Solar AI Technologies will discuss how they're simplifying solar energy for homeowners.

CLIMATE INVESTMENT INSIGHTS

• Climate Change 2023 - Synthesis Report (SYR) of the IPCC Sixth Assessment Report (AR6) summarises the state of knowledge of climate change, its widespread impacts and risks, and climate change mitigation and adaptation, based on the peer-reviewed scientific, technical and socio-economic literature.
• [Scaling Voluntary Carbon Markets: A Playbook for Corporate Action] The voluntary carbon market (VCM) represents an important lever to help accelerate high-impact climate action, protect nature and drive the energy transition towards net zero. The VCM market, estimated at $1.3 billion in 2022, could grow to more than $50 billion by 2030, if companies begin investing more strategically today.
• The urgency to reduce emissions, protect critical ecosystems and deploy new technologies at scale to remove carbon from the atmosphere has never been greater. Without meaningful action, the impact of climate change, including extreme weather and rising seas, could reduce global GDP by around 14% and result in 1.2 billion climate refugees by 2050. Despite these potentially devastating consequences, annual flows of climate finance investment in 2021 were a mere 20% or so of the estimated $4.3 trillion required by 2030.
• In their best quarter since 2021, VC-backed clean energy startups brought in $5.4 billion in Q2/2023, indicating the vertical’s resilience. Driving the industry’s success is major investment into solar and hydrogen technologies, per PitchBook’s latest Emerging Tech Research: Clean Energy Report, another impact of the US Inflation Reduction Act and the Department of Energy’s Hydrogen Shot initiative.
• Recycling technologies for critical materials—like lithium and base feedstocks—have climate tech investors buzzing. Advanced polymer recycling, voluntary carbon markets, and building energy efficiency are three major emerging spaces, according to PitchBook’s Q2 2023 Carbon & Emissions Tech Report.

Thank you for joining us in our ongoing mission to drive positive change and make a meaningful difference in the world. We hope that you have enjoyed reading the news and insights we have shared with you. As always, we value your feedback and suggestions for how we can improve our newsletter.

If you're interested in learning more about Earth Venture Capital , please visit our website or follow us on Linkedin. We look forward to staying connected with you and continuing to work together toward a more sustainable future.

Stay tuned for inspiring stories, innovative solutions, and the remarkable impact of our investments.

Best regards,

Earth Venture Capital

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