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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

🚗 Vertical: Transportation and Energy investment declined, but remained on top. Redwood Materials received a $2bn loan from the US Department of Energy in Feb 2023. Ascend Elements received a $480m grant from the US Department of Energy in Oct 2022. 2 spot behind Energy Storage, which rose from no.2 2 to to no.1.

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Climate Corps Alumni Advisory Board

EDF + Business

He/Him/His) Energy & Sustainability Consultant, Cumming Corporation Los Angeles, CA, USA Shorenstein Realty Services (‘15). As an Assistant Project Manager, Trevor Anderson supports his Energy and Sustainability team and their clients on a variety of sustainability consulting services. Ian Champ. (He/Him/His)

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🌎 DeepSeek hype vs. the hyperscalers #232

Climate Tech VC

  The Super Bowl might have got us hyped this weekend, and now, we’re taking on some other hype: the arrival of DeepSeek’s new AI model, and what its actual impacts will be on projected power demand.  There’s a difference between a general slowdown in power demand and a dip in hyperscaler demand.