CEA inSight的动态

280 Earth, a direct air capture (#DAC) startup incubated by Alphabet Inc. (Google), has successfully closed a $50 million Series B raise led by Builders VC. #venturecapital #sustainability #energytransition #IRA #CO2 #carbon #decarbonization #decarbonisation #carboncapture #ccs #ccus #carbonremoval #directaircapture

There’s an unwritten rule in climate tech: the flashier and more expensive the reveal of a “transformational” product, the more skeptical you should be. Exowatt, the startup backed by Sam Altman and Andreesen Horowitz promising a “groundbreaking modular energy system” for data centers, threw a blow-out party at an airport hangar in Los Angeles last Tuesday. “Compared to other baseload solutions available to us today, Exowatt P3 is cheaper, more linearly scalable — and most importantly, ready to be deployed today,” CEO Hannan P. told the launch party crowd. But some are skeptical. The P3, they say, is essentially a repackaging of technologies from the early days of renewables, many of which were abandoned due to cost and performance issues that prevented them from scaling. The main question coming out of the splashy launch, then, is whether Exowatt’s product can overcome challenges inherent to the technologies it has cobbled together. https://lnkd.in/eHDCems4

Ucaneo, co-founded by our Sigma Squared Fellow Florian Tiller, has secured €6.75M in funding to advance its CO2 removal technology. ?? This capital will accelerate the construction of one of Germany’s largest Direct Air Capture (DAC) facilities and support the mission to remove 0.5 gigatons of CO2 by 2035 — a transformative step toward a more sustainable future. Ucaneo is focused on developing scalable, energy-efficient DAC systems that remove CO2 from the atmosphere. Their state-of-the-art technology mimics how human lungs process CO2, using electricity and a biomimetic solvent to capture and concentrate atmospheric CO2 into a pure gas, ready for industrial use. The solution is not only highly efficient but also compatible with renewable energy sources, such as solar and wind, making it adaptable to various global deployment scenarios. With strong backing from investors like Smart Energy Innovations and IBB Ventures, Ucaneo is leading the charge in scalable climate tech solutions. A huge win for the fight against climate change! ?? Read more: https://lnkd.in/dfwK8NK5

Hope you got to enjoy some fireworks and barbecues over this Fourth of July weekend. At CTVC, we were cooking up our?report on H1’24 climate tech funding, and we’ve got some takeaways for you. In other news: -New AI use leads to surge in Google’s emissions -Leading nonprofit Science Based Targets initiative CEO resigns -Shell pauses construction on one of its biggest planned biofuels projects In deals: -$541m in four newly announced funds, from Seaya, The Westly Group, Carbon Equity, and FreeFlow Ventures. -$183m aquisition of 3D metal printer Desktop Metal -$149m for electric aircraft across two deals with Eve Air Mobility and Archer. Read more here: https://lnkd.in/g77xuAbw

The Carbontech Development Initiative (CDI) is pleased to announce awards of over $3 million to sixteen research and commercialization teams working to develop and scale critical negative emissions technologies. Joining the twelve teams from CDI's inaugural round, these sixteen teams drive advancements across three core technology domains: - CO2 capture via direct air and point-sources, such as industry and power generation. - CO2-to- materials and products for the buildings sector. - CO2-to-chemicals, fuels, and other products and materials. Congratulations to our round 2 awardees including: Oscar Nordness (Columbia University) Jacob Fish (Columbia University) Shaina Kelly, PhD (Columbia University) Ben West James Buchen (University of Delaware) Praveen Bollini (University of Houston) Aircela Inc (Kristian Tuszynski) Tobias Hanrath (Cornell University) ECHO Building Systems (Erin Ruby, CID, IIDA) Kit Switch (Candice Delamarre & Armelle Coutant) Mitico (Clément Cid) Thalo Labs (Brendan Hermalyn) Mars Materials (Aaron Fitzgerald) Read the full press release here -> https://lnkd.in/eHuiPDCm or visit the program homepage here -> https://lnkd.in/eCcuzZrb Based out of Columbia Technology Ventures, CDI's grant-making program is supported by the New York State Energy Research and Development Authority (NYSERDA), with the aim of transforming New York State into a hub for the carbontech industry. Stay tuned for the release of CDI's third round solicitation planning to be released in early 2025. Please contact?[email protected]?for further information. Jim Aloise Zigurts (Ziggy) Majumdar Kartik Pilar Jack Steele Murun Jargal

It's time to invest in technologies that secure the future of young people! Tomorrow will be too late for everyone. Thinking globally and acting locally is the way to evolve to reach the future! Empere? leads the way with an innovative quantum energy business model technology, set to revolutionize energy production. Our focus is on turning challenges into opportunities, guaranteeing you a 100% positive return on investment. Committed to tackling future economic and environmental hurdles across industries, Empere? invites you to join us in shaping a sustainable future for all. Thanks, www.empere.net. #Empere #QuantumEnergy #Sustainability #electricityproduction #thermodynamics #superconductivity #quantumphysics #quantummechanics #quantumtechnology #quantumtechnologies #businessbusiness #economicdevelopment #globalbusiness #investment #capitalprojects #capitalraising #investorpitch #investorgroup #bankingindustry #innovationinagriculture #innovationecosystem #excellenceininnovation #futureleaders #futureinnovators #unitybusiness #investors #eugovernment #waterindustry #energyindependenceefficiency #energymanagement #energysecurity #energyinnovation #energynews #energysector #cleanenergy #cleanenergyfuture #environmentalimpact #environmentalsustainability #environmentalscience #environmentalconsulting #enviromentallyfriendly #environmentalresponsibility #environmentalsocialandgovernance #powerindustry #powerbideveloper #powerfulrendimiento #generatorpower #generatorservices #powerplatform #doe #epa #globalcollaboration #comercioglobal #globalcitizen #investorday #capitalraising #hospitalityindustry #hospitalitytech #watertreatmentsolutions #waterdamagerestoration #watercrisis #ecofriendlyproducts #ecoinnovation #usanews #cnn #iplaw #powergrid #spaceforce #ct #deepclean #deeptechstartups #startupecosystem #startupcommunity #puertoricospace #space #energy

From an outsider's perspective, it looks like direct air capture (DAC) companies are battling a two-front war. Last week, VC-backed startup CarbonCapture announced that it was scrapping plans to build its first commercial-scale DAC project in Wyoming, one of the world's largest facilities, expected to?remove 5M metric tons of CO2 annually by 2030. To put that in context, there are only ~50 DAC facilities operating?in the US, Canada, and Europe today, capturing about 0.1M metric tons of carbon annually. One the one hand, DAC and many other carbon-abating/sequestering technologies rely on clean electricity to power their operations. However, they face increasing competition from emerging, energy-intensive industries like AI and crypto for that resource. These industries, backed by some of the largest enterprises in the world like Microsoft and Alphabet, reflect a buying base that utilities are likely incentivized to service first. CarbonCapture's CEO directly mentioned competition for clean power as a core reason for pausing its Wyoming development. On the other hand, the product that comes out of DAC - carbon credits - has faced criticism as a form of greenwashing because it does not incentivize companies to address carbon emissions in their own operations. It's clear that technologies like DAC are needed as we look to achieve our target emissions, but there will inevitably be challenges in its rollout. I would love to learn more about what's going on at the heart of the industry if you're an operator or investor in the space!

Last week, Pacific Gas and Electric Company's Innovation Summit brought major changemakers together for collaboration and to rally around a shared vision where AI not only makes our world more efficient but its power demands drive infrastructure investment for a cleaner, more modern net zero energy infrastructure. Here are some interesting point tidbits. ?? Patti Poppe emphasized the triple bottom line. ?? Announced a San Jose project for urban data centers where excess heat serves 4500 new housing units. (Based on a Vancouver project.) ? 15 years to permit the Golden Gate bridge and 5 years to build it ?? The duck curve is deepening. With AI we can redeploy excess energy during the day to power (and store) in EVs. ?? 3 million EVs in CA by 2030. ?? With increased demand and efficiencies energy costs to consumers (fuels, etc.) will decrease by 20-30% ?? PG&E pledges net zero by 2040 and climate positive by 2050.? ?? Fall in love with the problem not the specific solutions. Alex Collins Quinn Nakayama Igor Stamenkovic Hanna Grene Vince Wong Bryce Yonker

Welcome to the Planet A Ventures family, Malte Feucht, Paul Teufel and Steffen Garbe! Thrilled to share our investment in Phlair as they announce €14.5m seed funding to deliver low-cost next-generation CO? capture, at scale. ?? The problem: To give us a chance of limiting global warming <1.5C or even <2C means that (as well as massively cutting emissions) we have to remove ~500-900 bn tonnes of CO? from the atmosphere before 2100. We’ve long been excited by DAC’s potential to eliminate billions of tonnes of CO? from the atmosphere - and help bring global emissions back within our planet’s boundaries. However, high costs, energy consumption, manufacturability and low-tech readiness levels (TRL) have prevented deployment of earlier generations of #DAC at scale (and us from investing before now).? ?? Meet Phlair: At Planet A Ventures, we’ve been actively looking for solutions that address these key scaling challenges. In Phlair, we finally found what we’d been looking for. The team’s?first-of-a-kind hydrolyzer-based DAC solution uses off-the-shelf components and is compatible with renewables as it truly runs on intermittent renewables without almost any additional battery storage. Besides, it has the ability to scale through mass manufacturing by banking on existing supply chains, which all leads to ultra low cost and is compatible with the intermittent nature of renewable sources. Huge. Fantastic to invest alongside Extantia Capital, Verve Ventures, Atlantic Labs, Counteract and UnternehmerTUM. And very much looking forward to our close collaboration, Torben Schreiter, Carlota Ochoa Neven Du Mont, Ruben Schultz, Andrew Shebbeare and all others! ???Read more in TechCrunch: https://lnkd.in/d3YdzKkr Watch out for our deep dive, outlining our take on DAC next week!

Oslo is the first city in the world to implement a #climatebudget and has set an ambitious strategy to achieve carbon neutrality by 2030. These climate tech startups are helping to solve the puzzle: ?? Photoncycle– Solar-powered electricity systems ?? Over Easy - Vertical Solar for Rooftops– Bifacial solar installations for green rooftops ??? Vind AI– Revolutionising wind project planning and design ↘https://hubs.li/Q031p2760 #InvestInOslo #ClimateVC #climatetech #nordicstartups #oslostartups