Climate

Why EnergyX raised $75M from small investors, even after taking VC money from GM and others

Nearly every founder has the same concern: how can they ensure their startup has enough cash to deliver on its promise. For most, that means wooing venture capitalists early and often, trading equity in the company and board seats for cash to keep the lights on. For Teague Egan, it also means courting retail investors.

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Meat replacement startup Heura has a new mission to slay junk food with healthier plant-based swaps

The offices of plant-based protein startup Heura are tucked away down a narrow street a short distance from one of Barcelona’s main tourist draws. But the team of entrepreneurs and food scientists won’t be remixing their protein cocktails in close proximity to La Sagrada Família for much longer — they’re moving to new, larger digs

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Direct ocean capture may be the next frontier for carbon removal

For the past few years, direct air capture has been seen as a potential silver bullet to the climate crisis. But now a startup originally from the snowy wastes of Iceland is taking a new approach: removing carbon from seawater.  The industry standard for removing carbon with direct air capture methods costs anywhere between $230

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Acceleron Fusion has raised $15M to take another stab at cold fusion, filing reveals

Fusion startups have been on a fundraising tear lately, and a young startup, Acceleron Fusion, is joining the pack, having raised $15 million of a targeted $23.7 million round, according to an SEC filing. The fusion sector recently has been showered with interest from investors, who no doubt have been encouraged by the breakthrough experiment

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Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs’ Emerson Collective

The race for commercial fusion power is heating up. Investors have poured money into fusion startups over the last several years, and one of the more recent beneficiaries of their beneficence is Zap Energy, an Everett, Washington-based startup that’s pursuing a clever approach to harnessing the power of the stars. The company recently closed a

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BMW says we need both battery and hydrogen EVs for a zero-emissions future

Funding for green hydrogen startups — particularly at the growth stage — has dipped. Hydrogen plants and fueling stations across the U.S. have shut down. And automakers and governments seem to be on the battery electric vehicle (BEV) buzz. And yet, BMW recently announced plans to work with Toyota to develop a hydrogen fuel-cell consumer

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Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion

When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its Ett

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Toyota Ventures’s Jim Adler says climate tech startups need to secure future buyers

Jim Adler, founder and general partner at Toyota Ventures, is concerned that climate technology gains could fall into the “valley of death” if companies fail to drum up enough demand to survive.  And he’s not wrong to be worried.  Climate tech investments in the first half of 2024 dipped for the second consecutive year, both

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