20 New Ways to Reduce Greenhouse Gas Emissions
Welcome to For ClimateTalk – For ClimateTech’s monthly newsletter highlighting upcoming opportunities for climate innovators, thought leaders, and community connectors.
Venture For ClimateTech Launches Its Third Cohort with 20 Companies
On June 13, Venture For ClimateTech announced the innovative companies that were selected to participate in its third cohort. This year, the program is doubling the size of its cohort from an average of 10 companies to 20! Like previous cohorts, the companies were selected based on their solution’s potential to help reduce carbon emissions and the impacts of climate change, and for their ability to bring their innovations to scale.
Check out these 20 innovators and their remarkable technologies under development. Read the full story here.
S4C Impact Report
The Scale For ClimateTech 2023 Impact Report is now available. Read about the results of the program, including company stories from Cohorts 1 – 4. View the interactive PDF.
Meet Jack Baron
Jack Baron is the new managing director of Venture For ClimateTech.
As a successful entrepreneur, Jack brings unique experience to Venture For ClimateTech, along with a global network of contacts from his more than 17 years in the energy and climate tech industry.
Prior to this role, he was Co-Founder and President of Sweetwater Energy, a cellulosic ethanol/sugars company that, in its early years, was part of a NYSERDA clean energy incubator. Under his leadership, the company went on to raise $57M and prove its full-scale production capabilities in Europe. Prior to starting Sweetwater, he co-founded PAETEC, serving as president and chief marketing officer, helping to take the telecommunications company from launch to $2B in revenues, and through its exit and sale to Windstream.
Jack is an Endeavor Entrepreneur, a prestigious designation that provides access to the global Endeavor network of mentors, partners, and funders. He was part of MIT’s Startup Exchange / STX25 incubator/accelerator program, acted as the former Chairman of the Rochester Angel Network, and was the former President of ETI Technical College. He sits on a number of boards in Rochester — including the Young Entrepreneurs Academy, The Harley School, and OneStream Networks — and has been involved in helping his wife’s organization, Greentopia, become the first designated EcoDistrict in New York State.
In his spare time, Jack plays the guitar and sings in his rock/party band, Don’t Know Jack. He even has one original rock album out so far! He loves outdoor sports, including boating, kayaking, hiking, camping, golf, and skiing.
Cohort companies from Venture For ClimateTech and Scale For ClimateTech continue to make significant progress. Here’s just a few of the highlights.
Optimus Technologies, closed a $17.8M Series A round led by Mitsui & Co. to decarbonize the transportation industry. Read the full announcement here.
Swedish battery startup Enerpoly and Austrian smart photovoltaic startup EET (Efficient Energy Technology) received €870K in grant funding under the Eurostars-3 program. The collaborative project, titled ZincMate, will drive the development and commercialization of an energy storage device that can be adopted by all households in Europe. See the story in Fintech Finance News.
Exelon invested in Voltpost. The Exelon 2c2i (Climate Change Investment Initiative), a joint effort of the Exelon Foundation and Exelon Corporation, invested because Voltpost’s charging platform is focused on fighting climate change and improving the quality of life for residents across the regions served by Exelon.
Unique Electric Solutions (UES) was awarded a $3M grant from NYSERDA to accelerate its existing pilot-stage battery production into volume manufacturing. By bringing this in house, UES positions itself for scalable growth, lower costs, improved quality, and Buy America compliance. UES was also awarded an Executive Order from the California Air Resources Board (CARB) for its uniqueFCEV® Hydrogen Fuel-Cell Powertrain for new Class 4 to 7 vehicles. Read the full announcement.
Amogy and LSB Industries announced a collaboration agreement to develop an end-to-end supply chain of low carbon ammonia as transportation fuel. Get the full details.
CLIP.BIKE won the Best Startup award in the Bike category, as well as the Grand Prize Overall among the 60 startups that pitched at Micromobility Europe in Amsterdam.
Watch Steve Ferrero, CEO of 3E Nano, have an exciting conversation with Tom Raftery, the host of the Climate Confident podcast, where he shares 3E Nano’s vision for decarbonizing buildings with advanced materials for glazing and fenestration. See it here.
Take a look at Made of Air’s CEO update. The company had a research breakthrough, moved its office, and worked with customers to better understand how they plan to mitigate their Scope 3 emissions in their supply chains instead of buying offsets. Watch here.
Companies in the Media
Popular Mechanics covered the Pentagon’s new obsession, the NFA hypersonic aircraft, a revolutionary 3D printed aircraft with a mission to deliver cargo and passengers anywhere on Earth in two hours or less. New Frontier Aerospace is a part of the mission’s sustainable sourcing. Read the full article.
Read key learnings from Community Energy Labs’ most recent resiliency workshop with partners.