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☆ AtmosZero wants to decarbonize industrial steam. Check out the 14-slide pitch deck it used to raise $21 million.
▼ + stars: | 2024-02-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Read previewA startup that wants to help decarbonize industrial steam has raised $21 million in a Series A round. Colorado-based AtmosZero, launched in 2022, has developed a drop-in replacement for fossil fuel boilers that are used to produce steam. Steam is used in a variety of industrial processes, from beer to papermaking, and in district heating. Most steam applications need temperatures of between 100 degrees Celsius to 225 degrees Celsius, Salvi said. AtmosZero's first product can achieve 165 degrees Celsius, with the company eyeing 200 degrees Celsius in the coming years.

Persons: —, Ashwin Salvi, we're, Salvi, There's, AtmosZero Organizations: Service, Business, New Belgium Brewing Company, US, Ventures, Constellation Technology Ventures, Constellation Energy, Energy Impact Partners, Starlight Ventures, US Department of, Decarbonization Locations: Colorado, Europe, Amsterdam

☆ Instagrid replaces gas-powered generators with electric alternatives. Check out the 23-slide pitch deck it used to raise $95 million.
▼ + stars: | 2024-01-23 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA German startup replacing fossil fuel generators used to power construction, film sets, music festivals, and first responders has just raised $95 million in a Series C funding round. "What people did before, if they needed more computational power, they built bigger and bigger and bigger computers – so these mainframe computers that you had in the early 90s," he told Business Insider. AdvertisementIts customers, which buy units for use or to rent on to others, include Swedish construction company Skanska, European construction rental company Loxaml, and the Red Cross. The fresh funds will be used to expand the rollout of the current system and launch additional powerful electric generator systems.

Persons: —, Instagrid, Sebastian Berning, Berning, Morgan Organizations: Service, Business, Teachers ' Venture, Ontario Teachers, Energy Impact Partners, SET Ventures Locations: Swedish, Ontario, Europe, North America, , California

☆ Check out the pitch deck that Measurabl, a real estate startup that boasts Major League Baseball as a client, used to raise $93 million during a proptech fundraising drought
▼ + stars: | 2023-08-07 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +4 min

Regulators and investors are putting pressure on the real estate industry to go green. The most obvious end-users are commercial real estate owners, but Ellis says the revenue potential is far bigger than that. The company's fundraising comes as more policymakers seek to require landlords and real estate investors to reduce their carbon emissions. Capital hasn't been far behind, with leading proptech venture fund Fifth Wall raising a $500 million fund to decarbonize real estate. See the deck, minus confidential financial information, that Measurabl used to raise its monster $93 million round below.

Persons: Matt Ellis, Ellis, Bob Sulentic, CBRE's, CBRE, Measurabl, hasn't Organizations: Major League Baseball, Energy Impact Partners, Sway Ventures, Suffolk Construction, Colliers, Lincoln Property Company, New Locations: San Diego, Real, Suffolk, Measurabl

☆ This Black-owned startup is fixing and learning from broken EV charging stations
▼ + stars: | 2023-06-06 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

With electric vehicle adoption accelerating, so too is the need servicing public charging stations. Unlike fixing an old gas pump, some companies are using technology to both service and learn from the stations, to improve EV charging technology. More than one-quarter of public EV charging stations were found to be nonfunctioning, according to a survey done in California by researchers at the University of California, Berkeley, and Cool the Earth, an area nonprofit. barely three years ago and says the company is now servicing EV charging stations across 17 states. That data set can be helpful to network providers, EV and charging station manufacturers, plus governments, according to Terry.

Persons: Terry, ChargerHelp, it's, Vaughn Blake, Lisa Rizzolo Organizations: EV, University of California, Smart, Central, Duke Energy, Southern, Southern California Edison, Blue Bear, Energy Impact Partners, JFF Ventures, Exelon Foundation, Autodesk Foundation, CNBC Locations: California, Berkeley, Central Los Angeles, Southern California

☆ HeatTransformers, a one-stop-shop for heat pumps, just raised $16 million. Check out the 10-slide pitch deck it used to raise the fresh funds.
▼ + stars: | 2023-04-04 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

HeatTransformers, a Dutch one-stop-shop for heat pumps, has just secured $16 million. A startup positioning itself as a one-stop-shop for heat pumps has just secured 15 million euros (around $16 million) in a Series A round. They ended up reevaluating the homes of some referrals, which Otten said had been quoted for the wrong heat pumps. Heat pump sales across Europe grew by almost 38% in 2022 with 3 million units sold, according to the European Heat Pump Association. Still, heat pumps heat just 16% of homes and commercial buildings, the association found.

☆ This kitchen composter turns your leftovers into chicken feed
▼ + stars: | 2023-03-06 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

More than one-third of the food produced in the United States is never eaten, and all that wasted food is contributing to global warming. Rogers, who also co-founded Nest smart home systems, says Mill differentiates itself among kitchen composters by keeping food as food… turning it into chicken feed. Not only does it reduce waste in landfills, but the goal is to reduce the amount of chicken feed that needs to be produced, thereby reducing those carbon emissions as well. "We sell our feed to farmers as an ingredient to chicken feed, which actually helps subsidize the membership," Rogers said. "There are millions of people that already compost across the United States.

That is one of the cheapest prices in the EV group, and Fisker, which has produced only 56 vehicles so far, saw orders improve. Nikola said issues hurting demand for its battery-powered trucks would not ease any time soon. Rivian forecast 2023 production well below analyst estimates on Tuesday, citing nagging supply chain shortages, sending shares down 8% in after-hours trading. Bowe oversees investments in a host of startups, including EV charging companies, and said she was looking at investment opportunities in EV makers. But the four companies have already lost a combined $84 billion in value over the past year, given production woes and supply chain disruptions.

☆ Businesses, not governments, will need to lead the transition to clean energy, executives say
▼ + stars: | 2023-01-27 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

The transition to clean energy isn't a choice, executives told Insider. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Motsinger said the move to sustainable business practices, infrastructure, supply chains, and products couldn't wait for the government to mandate such moves. Fitzgerald added that it's key to develop trust among all sides so that businesses could roll out new technology. Once we have safe, reliable, and affordable options in those areas, Fitzgerald said attention might turn to areas considered harder to decarbonize — processes like steelmaking, cement production, and construction.

☆ Check out the exclusive pitch deck food waste startup Mill used to raise $100 million from Google Ventures and others
▼ + stars: | 2023-01-17 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

The startup has already raised about $100 million from investors like Google Ventures, Breakthrough Energy Ventures, Energy Impact Partners, Lowercarbon, and Prelude. "There's a lot of parallels to the story of Nest," Rogers said. However, because Mill handles the entire process from homes to farms, it faces many challenges not found in other food waste startups, Rogers said. And although the company's coffers are well-stocked in a tough market environment, Rogers told Insider that he's always open to conversations with investors. Here's an exclusive look at the 7-slide pitch deck Mill used to raise $100 million from Google Ventures, Breakthrough Energy Ventures, Energy Impact Partners, Lowercarbon, and Prelude:

☆ VCs are investing in these hot areas of climate tech
▼ + stars: | 2023-01-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. That means tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. Industries known to be big polluters, such as agriculture, utilities, and commercial shipping, are ripe for change, the VCs said. Maxwell added that the influx of cash was encouraging more entrepreneurs and former Big Tech employees to enter the field. Methane is a far more potent greenhouse gas than carbon dioxide, so sizable reductions could be a climate win.

☆ 11 podcasts that busy venture capitalists and founders say they trust right now
▼ + stars: | 2023-01-15 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

Investors at JetBlue Ventures, Mighty Capital, and other VC firms shared their favorite podcasts. Another recommendation is "Origins" by partners at the biotech VC firm Notation Capital. Here are 11 great options, recommended by VCs, founders, CEOs, and other industry insiders. "The main thing about the VC world is building relationships, and Harry is an example of a great networker," Gershfeld said. "BTC is the single-most important asset in the world, and that podcast gets to the heart of why that is."

☆ Amazon and Microsoft are backing this battery-powered generator startup
▼ + stars: | 2022-12-19 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

While big legacy companies like Generac and Caterpillar are beginning to offer small battery-powered units in addition to their larger diesel generator lines, California-based startup Moxion Power is focused entirely on this new power frontier. Huelskamp says diesel generators are notoriously difficult and expensive to maintain and burn diesel fuel very inefficiently. Amazon is both investing in the company and currently leasing Moxion units for two video productions, a movie and a series. Roughly half of the carbon emissions from the average movie come from the fuel used to power generators and transportation. In addition to the Amazon Climate Pledge fund, Moxion's backers include the Microsoft Climate Innovation Fund, Enterprise Holdings, Energy Impact Partners, Tamarack Global and Sunbelt Rentals.

☆ This startup seals your leaky home so you waste less energy and reduce your bill
▼ + stars: | 2022-11-01 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy in homes. Reducing that wasted energy not only lowers consumers' bills, but also reduces emissions associated with energy production, which are a significant contributor to climate change. Aeroseal has so far raised about $30 million in venture capital from the likes of Breakthrough Energy, Energy Impact Partners, Building Ventures and 2150.

☆ Patagonia's charitable change will inspire founders. We spoke to 8 VCs about how startups can create their own climate change legacy.
▼ + stars: | 2022-09-16 | by ( Hasan Chowdhury | Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

Patagonia's Yvon Chouinard said he was giving away his $3 billion company to fight climate change. Insider spoke to 8 VCs about how hard it is for founders to follow suit and what they can do instead. "Instead of 'going public', you could say we're 'going purpose'," Chouinard wrote. Insider spoke to eight investors to find out why venture capital-backed startups would struggle to replicate Patagonia's model and what they could do instead. This means founders need to be active at an early stage in deciding what to do with their business.

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