Companies with a Conscience: Start-ups that Want to Save the Earth
#investinourplanet is the motto of Earth Day 2023 – so we’ve put together a list of 8 clean-tech start-ups to watch this year.
With 100 corporate-backed clean-tech deals at a value of $3.4 billion already secured in 2023, it’s set to be a big year for sustainable CVCs.
Using satellites and AI to collect data in real-time, AiDash reduces maintenance, operations, and sustainability costs for businesses worldwide. While their approach to sustainability is rooted in carbon offsetting, balancing the total emissions of a company rather than reducing them directly, they claim to reduce sustainability costs by 70-90%, making it cheaper and easier for businesses to reduce their carbon footprint.
The company has received acclaim for their contribution to sustainability, innovation, and quality of employer, receiving the SEAL Sustainable Innovation Award 2022 and America’s Best Startup Employers 2023 alongside further shortlists and mentions.
See their website for more information
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Taking a new approach to geothermal energy, Eavor presents a scalable alternative with the ability to produce electricity on an industrial scale. With promises of carbon neutral and renewable energy production with little maintenance or further investment required, Eavor offers a sustainable and economical solution to the climate crisis. The technology will be trialled in Geretsreid, Germany , with energy production scheduled to start in 2024.
It has, so far, secured a €91,6 million grant from the European Innovation Fund in support of the German site, so it will be interesting to see how the technology performs on a larger scale and whether further expansion will be seen.
See their website for more information.
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Providing an alternative to the traditional Li-on energy storage, EnerVenue has created a nickel-hydrogen based model that has a 30 year lifecycle, better energy retention, and is more stable, while being non-toxic and recyclable.
This technology has the potential to reduce electricity production demand and reduce carbon emissions in the energy sector, while making storage more efficient and cost-effective.
See their website for more information.
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Claiming to reduce carbon emissions by 99% and increase energy efficiency by 95%, pH7 promises to revolutionise the metal extraction and refinement process while creating usable hydrogen fuel.
It could expand hydrogen fuel use without the carbon emissions released in its production, which, according to the IEA , amount to 830 tonnes per year on average. Despite this, there is increasing demand for the fuel, as states and companies alike build it into their net zero roadmaps.
See their website for more information.
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领英推荐
Spun out of the University of Cambridge’s Centre of Risk Studies, Risilience is a climate analytics firm that balance profit with environmental impact to create a secure future for companies and the earth. It provides data-driven risk management strategies and net-zero roadmaps to ‘future-proof’ companies, ensuring they can meet net-zero goals without sacrificing revenue.
The firm recently closed a $26 million deal to expand its SaaS platforms and take the company international, and have been shortlisted for the EnviroTech 50 (results to be announced on May 9).
See their website for more information.
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Reimagining the carbon production process, Twelve uses CO2 from the air to create essential chemicals, materials and fuels that have traditionally been produced from fossil fuels, taking a proactive approach to reaching net zero – removing both sources of carbon emissions and existing pollution.
So far, they’ve developed E-Jet fuels, in collaboration with Alaska Airlines and Microsoft, which produces 90% less carbon emissions than the traditional fuel source, and are working on marine fuel with Virgin Voyages.
See their website for more information.
See the GCV Website for more content on energy, sustainability, and CVCs.
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Using deuterium (found in seawater) and lithium, Type One Energy initiates a fusion process like that of the sun to produce energy on a large scale. A single gram of fusion fuel releases as much energy as burning 10,000 kg of coal, offering a much higher output than traditional methods.
Type One have detailed and comprehensive plans on how their technology can be integrated into existing energy infrastructure before becoming a primary provider. Although it’s unclear how much carbon emissions would be reduced through the move to fusion based energy, it could be substantial.
See their website for more information.
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Viridos ?
Using primarily sunlight, salt water, and carbon dioxide, Viridos harnesses photosynthesis to recycle existing emissions and produce an alternative fuel source in algae-based biomass that could can reduce commercial trucking and maritime shipping emissions by nearly 70%, without impeding on vital resources such as fresh water and arable land.
The company has secured $25 million of funding led by Breakthrough Energy Ventures, joined by Chevron U.S.A. and United Airlines Ventures, so will be expanding commercial deployment and further advancing the technology in coming years
See their website for more information.
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Learn more about the mentioned companies: AiDash Eavor Technologies Inc. / Eavor Deutschland EnerVenue pH7 Technologies Risilience Twelve Type One Energy Group Viridos and the interesting work they're doing!