[Earth VC Monthly Roundup] October 2023 - Innovation in Bloom: Green Initiatives and Investment Insights

Dear valued readers,

Join us in celebrating the changing seasons in the upcoming October edition of Earth Venture Capital's newsletter! As nature transforms, so do our efforts in the sustainable investment landscape. In this edition, we are excited to share the latest progress of innovative startups committed to creating a more sustainable and prosperous future.

DEAL RELEASE

Treetoscope

Earth VC Deepens Commitment to Water-Efficient Agriculture

Last month, Earth Venture Capital announced a significant long-term partnership with Israeli startup TreetoScope, showcasing advanced plant-sensing technology that unravels the mysteries of water consumption in plants. TreetoScope's solution, lauded for its innovation, simplicity, and cost-effectiveness, stands as a beacon in sustainable farming practices, reducing water and fertilizer usage while boosting yields and income for farmers. Despite the challenging geopolitical situation in the region, Earth VC stands firm in supporting groundbreaking technologies that contribute to a more sustainable and resilient future.

KuvaSpace

Utilize space-technology to understand the Earth

Earth VC proudly joins the €16.6 million funding round for KuvaSpace. This strategic investment propels KuvaSpace's mission to advance hyperspectral camera and space technology, doubling their team and launching an innovative AI analytics platform. With a focus on climate change, food security, and heightened situational awareness, KuvaSpace, backed by Earth VC, is set to redefine our understanding of Earth through cutting-edge space technology and AI-driven analytics.??

PORTFOLIO UPDATES

Clearbot

New collaboration on the recycling process

Clearbot, the startup that aims to revolutionize the way people clean our oceans with advanced robotic technology has recently the team established a way to handle the recycling of the collected trash from their autonomous electric boats.?They also mentioned that the recycling success rate consistently hovers around 40% and the outcome product can be transformed into useful materials like bricks and clothing fabric, contributing to a cleaner, greener world if you so wish.

Learn more

GetSolar

Rebrand to GetSolar

With a vision to tackle the extensive climate change scene and reduce CO2 emission, the GetSolar team (formerly Solar AI) has been showing exponential effort with spectacular traction. The Singaporean startup reported recently that they have been installing 200 solar systems and abated 40,000 tons of CO2 emissions within the last year. Recently the team decided to rebrand into GetSolar, showing further dedication to providing homeowners in the region what they think to be the best solution for zero carbon future

Learn more

OUR LATEST ACTIVITIES

Earth Venture Foundation Sponsors MAPR 2023 Conference

Earth Venture Foundation proudly sponsors the successful International Conference on Multimedia Analysis and Pattern Recognition 2023 (MAPR 2023) in Quy Nhon, Vietnam, organized by the University of Information Technology (UIT) this October. MAPR 2023 gathers global scientists, researchers, and students, fostering collaboration in AI, deep learning, and more. With proceedings in Scopus, MAPR continues to make significant contributions, aligning with our commitment to advance deep tech in Vietnam. Congratulations to all involved! Let's collaborate to nurture innovation and elevate the deep tech landscape. ??

Check out detail

Our brand new website appearance!

We are thrilled to announce the launch of the brand new look for the official website of Earth Venture Capital! With our latest updates on the layout, striking images, and impressive portfolio, we aim to better serve and engage our audiences who are interested in the field of Climate Tech.

Visit our website

Earth VC explores the Vietnamese Startup Landscape with Australian's startup cohort

In a strategic collaboration, Earth VC has joined forces with Wiziin to provide in-depth insights into the thriving Vietnamese startup landscape as part of Haymarket HQ's mission to empower Australian startups and foster bilateral relations at the open meeting on Oct 2. This collaboration coincides with the 50th anniversary of diplomatic relations between Australia and Vietnam.

By combining the strengths of Earth VC and Wiziin, this collaboration enhances the depth of knowledge and resources available to Haymarket HQ's initiative. Together, they provide a comprehensive understanding of the Vietnamese landscape, empowering Australian startups to make informed decisions, seize market expansion opportunities, and build lasting connections in Vietnam. This joint effort not only contributes to the success of Australian startups but also strengthens the ties between the two nations in the spirit of collaboration and growth.

Check out the full recap

CLIMATE INVESTMENT INSIGHTS

• COP28 UAE: Deputy-Secretary-General Amina Mohamed urges decisive responses to global climate crisis gaps ahead of the highly anticipated COP28 summit, which will take place from 30 Nov to 12 Dec in the UAE. The Pre-COP in Abu Dhabi sets the stage for COP28 negotiations, uniting the world behind a transformative global response to climate change. This year's summit's main focus, the Global Stocktake aims to address, common challenges in the climate scene globally such as the concurrent global conflicts, emphasizing the need for clarity and decisive action to meet our climate ambitions.
• The U.S. chemicals & refining sectors are key economic drivers, employers, and export commodities: According to the recent rearch paper by the U.S. department of Energy, chemicals production and oil refining contribute ~8% to the U.S. GDP and are critical for energy security.These sectors produce primary fuels for transportation, power, and heat; provide essential inputs to widely used downstream products, including plastics, fertilizer, and pharmaceuticals; and represent major U.S. export commodities. In 2022, the United States was both the world’s top oil producer and oil refiner, responsible for ~20% of refined products globally.i The United States is responsible for ~11% of global chemical production
• Opportunities in Climate Tech - Plenty of space for massive growth: According to PitchBook's report on the SOSV Climate Tech Summit, Climate tech is a global issue, but VC engagement has generally focused on a few key regions: the US and Canada, Europe, and East Asia. Also, talent was a much-discussed challenge currently facing the climate tech space. Transitioning to a low-carbon world also requires a considerable shift in employment to build, install, and operate new technologies. Some of the fastergrowing segments of climate tech are particularly hard-hit by a lack of trained employees, particularly battery chemists and engineers for electrolyzers and nuclear technologies.

UPCOMING EVENTS

EVC WILL BE JOINING SLUSH 2023!

Slush is the most founder-focused event on Earth, attracting notable speakers from world-class startups including DoorDash, Stripe, Notion, Supercell, Unity, and top VC funds such as Sequoia, Breakthrough, General Catalyst, and Accel at Slush 2023 We are thrilled to announce Mr. Tien Nguyen, General Partner of Earth Venture Capital, will be hosting a side event at Slush 2023. The "Climate-Tech Investment in Southeast Asia" workshop delves into the abundant opportunities and innovations in this tropical landscape, offering valuable insights for those seeking new markets and investment prospects in the SEA startup and VC ecosystem. With prolonged experience invested in deep-tech startups from Singapore, Israel, Hong Kong, the U.S., and Finland, Earth Venture Capital aims to act as a bridge between the well-developed EU investment scene and the emerging SEA startup ecosystem.

?? Event Date: Nov 29, 2023

?? Session Time: 10:00 – 11:45 EET

?? Location: Room 215 USVA, Messukeskus Siipi Conference Centre, Helsinki, Finland

More detail on Earth VC session at Slush 2023

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 Facebook and 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.