Tech Talks Green #4

Tech Talks Green #4

This edition of Tech Talks Green highlights the increasing trend of companies investing in renewable energy, with nearly $200 million being poured into solar energy companies in the last two weeks alone. The news section is dominated by the growing application of artificial intelligence (AI) in various fields, including biodiversity protection, predicting natural disasters, and modeling the potential impacts of our actions on climate change.

Quote

"There are no passengers on spaceship earth. We are all crew." —Marshall McLuhan

?? Green news

?? German semiconductor maker Infineon Technologies AG announced a plant-based printed circuit board (PCB) that dissolves in water which can provide a new avenue for the tech industry to reduce e-waste. Read more

?? ?? Automated solar-powered wildlife sensors and artificial intelligence (AI) will be deployed over the next four years to monitor impact of farming on biodiversity. Read more

?? Google is creating a set of AI-powered climate action tools for everything from predicting floods and wildfires to calculating emissions associated with transportation routes to detecting changes in biodiversity. Read more

?? An Indian startup aims to make AI more fair for rural Indians by connecting them to AI-based digital work. Read more

?? ‘Incredibly promising’ technology—the bubble barrier applied to Oude Rijn river helps stop plastic pollution reaching sea. Read more

? Post-pandemic South East Asia finds itself at a critical juncture where digital transformation and sustainability intersect and digital economy companies (DECs) will play an influential role in making a positive impact. Read more

?? Project Finance for Permanence (PFP) model that has already protected over 120 million hectares of ecosystem has a chance to tackle the challenge of financing in transitioning to a nature-positive economy. Read more

??? A plan to build a Google data center that will use millions of liters of water a day has sparked anger in Uruguay, which is suffering its worst drought in 74 years. Read more

?? Circular economy in the spotlight: people are looking to improve their decisions around what and how they buy and use goods which creates more business opportunities and areas for circular innovation. Read more

??? The EU aims to improve the policy environment to enhance the retail sector's contribution to economic growth and employment. Read more

?? IBM and NASA teamed up to build the GPT of Earth sciences that will serve as the basis for future forest, crop and climate change-monitoring AI. Read more

?? A grim lookout generated by genAI on how climate change will impact the UK in 2100. Can we reverse this prediction? Read more

?? Green money

EV charging

???? ChargePoint raised $150M in a Debt round run by J.P. Morgan Private Bank, and HSBC Innovation Banking. Read more

???? ev.energy raised $33M in a Series B round run by National Grid Partners with support from Aviva Ventures, Wex Ventures LLC and InMotion Ventures, the investment arm of JLR. Read more

Carbon reduction

???? Sylvera raised $57m in a Series B round run by Balderton Capital, Index Ventures, Insight Partners, Salesforce Ventures, Speedinvest, Seedcamp, LocalGlobe, Fidelity Investments, Bain & Company and 9Yards Capital. Read more

???? Isometric raised $25M in Seed round run by David Helgason, Ilkka Paananen, Lowercarbon Capital, Niklas Zennstr?m, Plural, Ross Mason. Read more

Solar energy

???? PVcase raised $100M in a Series B round run by Highland Europe, Energize Ventures, and Elephant Ventures, LLC. Read more

???? Midsummer received $35M in a Grant from EU Innovation Fund. Read more

???? Bright Inc raised $31M in a Series C round run by IFU.

???? Terabase Energy raised $25M in a Series C round led by Fifth Wall, Prelude Ventures, SJF Ventures, EDP Ventures. Read more

Waste reduction

???? Sensorfact raised $28M in a Series B round run by Blume Equity, FORWARD.one, Korys, and SET Ventures. Read more

Hardware

???? Optalysys raised $27M in a Series A round run by Lingotto, imec.xpand, and Northern Gritstone. Read more

Clean Energy?

???? NineDot Energy raised $25M in a Debt round run by NY Green Bank. Read more

???? Iontra Inc raised $29M in a Series B round run by Volta Energy Technologies and Riverstone Holdings. Read more

???? Blue Laser Fusion raised $25M in a Seed round run by JAFCO, and Mirai Advisory. Read more

?? Green legislation

???? The European Commission adopts the European Sustainability Reporting Standards (ESRS) that will affect more than 50 000 companies that are subject to Corporate Sustainability Reporting Directive (CSRD). Is your company ready for the new standards? From the IT/tech perspective it is the right moment to revisit data strategies and ESG reporting. Read more


???? Council adopts new law for more recharging and refueling stations across Europe. This strong legislative push towards alternative fuels infrastructure (including digital one for users being able to pay by card or electronic access to information about availability, waiting time and price at different stations) creates in the coming years great opportunities for green mobility businesses. Read more

??Green startups spotlight

Climate X

No alt text provided for this image
source: climate-x.com/spectra

Website / LinkedIn?

Industry: Financial Services

Mission: Help organisations become more resilient to the impacts of climate change by quantifying, at an asset level, the probability and severity of weather events decades before they happen.?



Till the next time,

Mateusz Krawczyński?

Consulting Director, Greentech at Netguru

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