How is AI Getting Us to Net Zero?: These Four Startups Are on Their Way
rick stack
supporting companies and scale-ups with go-to-market and revenue growth strategies | ???? ???? citizen | techno-optimist | alpinist
From ChatGPT to Siri, AI is everywhere. It's a timesaver, and some think AI could also help save the environment. That's where carbon startups come in — investment-backed ventures that see AI as a powerful tool to combat climate change.
I work at AWorld , a mobile app scale-up supported by the United Nations based in Italy. It’s evaluating how to use AI to help people change their habits with the environment in mind. For example, it uses AI to create a personalized educational and engagement plan for each user.
Across the globe, deep tech companies see technology as a solution to help restore the natural rhythms of our planet, such as by creating AI tools to track carbon emissions, operating data-collecting drones, and assessing carbon projects.?
During the past two years, more than $400 million in funding went toward carbon startups globally, according to Crunchbase data. These are four carbon startups to pay attention to on your climate journey.
Pachama 's Argentinan founder Diego Saez Gil took action after witnessing wide-scale deforestation and the early impacts of climate change in South America. The San Francisco-based startup's approach is to support companies in their efforts toward Net Zero and to create projects to save forests. Its projects include a machine-learning model integrating satellite data, field plots, and 3D airborne lidar imaging to map forest carbon. It also has a platform for companies to start their carbon projects. Pachama has restored or protected more than 2.4 million acres of land in 15 countries since its founding in 2018.
Total equity funding: $79,250,000.
Operating large-scale buildings — offices, shopping malls, airports, and hotels — is a huge energy drain contributing to carbon emissions. Companies seeking carbon neutrality know they must make their operations more energy-efficient. London-based, Arloid Automation created a tool to reduce a building's HVAC costs and carbon footprint by up to 30 percent. It uses an algorithm with live data, including weather and AI-collected info points that integrate into HVAC systems to monitor climate control optimally to avoid wasting energy and save companies money.?
领英推荐
Total equity funding: $14,918,000.
Setting Net Zero benchmarks is one step, but having the tools to track and reach them may be one of the most challenging parts of the journey. Berlin-based Plan A has an enterprise tool for companies to centralize and automate carbon and ESG reporting. It has a carbon emissions calculator, automated annual emissions reports, and a tool to build a decarbonization strategy. Its carbon screener also estimates a company's carbon footprint.
Total equity funding: $14,988,861.
Supported by Innovate UK , CarbonChain wants to help achieve a Net Zero economy by creating lower-carbon supply chains. Calculating product supply chain emissions, reporting greenhouse gas emissions to regulators and customers, and finding lower carbon suppliers to reduce emissions are some ways companies can manage their carbon footprints with CarbonChain.?
Total equity funding: $10,125,000.
Who else is getting in the Carbon Startup game??