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🌏 Live from New York (Climate Week)

Climate Tech VC

Innovators, funders, customers, and policymakers convene to collaborate, challenge, and celebrate across party lines. Founders showed sci-fi-like tech at demo days, while artists premiered climate-focused films at New York City's first climate film festival.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Fortescue unveiled a green ammonia dual-fuel ship at COP. Of course, beyond ammonia innovation, the world will still need fertilizer. 🌬 Aerones , a Riga, Latvia-based robotics for wind turbine maintenance service provider, raised €4.4m ($4.8m) in Grant funding from the EU’s Innovation Fund.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs.    Innovate UK drops £720M for climate tech in their 2023 Net Zero Review.   Can’t get enough deals?

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. Al Jaber as Chairman of Alterra, and also host of COP28, has already stirred controversy due to his role as President of ADNOC and rumored intention to broker fossil fuel deals during COP. Happy Monday!  Execution questions marks.

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? NY Climate Week debrief

Climate Tech VC

While NYCW has been around for more than a decade , this year the vibe of ~10x the participants and well-curated mini-conferences alongside official UN programming felt almost like a Davos or a mini-COP (which, depending on your take on the efficacy and impact of COP, could be a good or bad thing).

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🌍 ICYMI at NYCW #216

Climate Tech VC

  ICYMI, innovators, funders, customers, and policymakers convened in New York last week to collaborate, challenge, and celebrate across party lines. The DOE announced $1.3bn in funding for demo-scale and large-scale carbon capture projects that enable industrial decarbonization.

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🌎 The lithium jackpot in Smackover #220

Climate Tech VC

🏗 Dunia , a Berlin, Germany-based AI-driven materials discovery platform, raised $12m from Elaia, Redalpine, Anglo American, Deep Science Ventures, European Innovation Council (EIC) Accelerator, and other investors.  Delegates cross-pollinated conservation ideas at the biodiversity COP last week in Colombia.

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