Climate Tech
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NEWS
Four Climate Ventures to Receive $273k in Follow-on Support from BFA Global and FSD Africa
BFA Global and FSD Africa today announced $273,000 in follow-on funding and venture-building support for four early-stage alumni of previous Triggering Exponential Climate Action (TECA) venture-building program cohorts. The four early-stage small and growing businesses (SGBs) had previously participated in the TECA program, which seeks to grow climate solutions from concept to investment, fostering resilience and protecting the most vulnerable…
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CLIMATE
Climate Tech Startup Nitricity Secures $50m to Scale its Organic Fertilizer Technology
California-based climate tech startup Nitricity has raised $50 million in Series B funding to expand its pioneering organic fertilizer technology across the U.S. and into Europe, positioning itself as a disruptive force in an industry long reliant on carbon-intensive synthetic fertilizers. The funding round was co-led by World Fund, Europe’s climate-focused venture capital firm, and returning investor Khosla Ventures. Other…
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CLIMATE
Money Flows Into Africa’s Climate Tech Startups
African climate tech startups are pulling in more money than ever before, overtaking fintech as the continent’s hottest investment sector. By September 2024, these startups had raised $413.9 million, making up a third of all startup funding in Africa. The shift shows investors are betting big on companies that tackle climate change while solving everyday problems. The numbers tell a…
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