STARTUPS
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Uptake Alliance announces inaugural cohort of 15 climate-tech startups
Uptake Alliance, an emerging venture development program dedicated to fostering breakthrough climate technologies, has announced the selection of its inaugural startup cohort. The innovation program, designed to facilitate and propel startups to secure commercial agreements, boost revenue, assemble exceptional teams, and secure funding, launches later this month. The program will feature an extensive and bespoke curriculum, mentorship from industry experts,…
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Plug and Play accelerateAZ announces new sustainability accelerator program
Plug and Play accelerateAZ, a program of the Arizona Commerce Authority (ACA), has announced a new Sustainability program that will support the growth of Arizona sustainability-focused startups. The new program, announced at the Plug and Play Silicon Valley Summit in Sunnyvale, California, will launch in Spring 2024. The accelerateAZ Sustainability program will support startups in the areas of renewable energy, water resiliency, sustainable…
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CarbonPool closes $12m to underwrite the carbon credit markets
CarbonPool, the world’s first insurance company with a carbon credit balance sheet, has closed a $12 million funding round to underwrite the carbon credit markets. Founded by former Allianz executives Coenraad Vrolijk, Nandini Wilcke and Frederic Olbert, CarbonPool aims to accelerate investment in carbon credits, which are crucial to achieving net zero, by providing carbon credit insurance with claims payments…
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Controlled environment agriculture startup Hippo Harvest announces $21m Series B funding to scale next-generation greenhouse platform
Hippo Harvest, a Controlled Environment Agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, has announced the close of its $21 million Series B funding round led by Standard Investments. Congruent Ventures, Amazon’s Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners also participated in the round. The funding will be used to scale the company’s greenhouse operations and to…
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Excarta raises $2.5m seed investment round to commercialize AI for business-targeted weather forecasting
Excarta, the pioneer of commercializing AI for business-targeted weather forecasting, has completed its seed round of investment to commercialize its AI-driven weather forecasting platform. The platform, already functional and “real world” proven, enables businesses to easily, quickly and inexpensively access or produce highly accurate, high-resolution weather forecasts for the parameters they care about. These AI-driven weather forecasts can dramatically enhance…
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OX Delivers secures funding to roll-out affordable clean transport for Africa
OX Delivers, a UK-based emobility startup, has received a £1.2 million funding grant from Energy Catalyst as the company readies its next-generation affordable all-electric OX4 truck for production. The £1.2 million Energy Catalyst grant will fund the development of a sustainable energy infrastructure in Rwanda from which OX Delivers EV trucks will benefit from. OX Delivers is already providing reliable,…
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Catalyst Fund Invests $1.8M in African Climate Startups
The Catalyst Fund today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This brings their total portfolio to 19 companies driving climate adaptation and resilience on the continent across 8 different markets: Kenya, Egypt, Morocco, Nigeria, Senegal, South Africa, Tanzania, and Uganda. The startups mark the Catalyst Fund’s second round of investments focused explicitly…
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