Ending the Year on a High Note – Last Call to Apply
Welcome to For ClimateTalk – For ClimateTech’s monthly newsletter highlighting upcoming opportunities for climate innovators, thought leaders, and community connectors.
Last Call to Apply to Scale For ClimateTech
Are you a climate tech innovator looking to commercialize your hardware product? Apply to be considered for a spot in Cohort 5 of the Scale For ClimateTech (S4C) program. Participating innovators receive dedicated support throughout their manufacturing process in order to gain confidence in their path to market and in scaling up production to meet demand. This includes receiving programmatic resources such as:
- Manufacturing education
- Access to vetted manufacturing resources that are ready to work with startups
- Tools and templates
- Technical support
- Facilitated matchmaking with vendors within the climate tech ecosystem who are willing to work with early-stage companies
Click the link (here) to learn more about how to apply! Don’t delay – Applications close on Dec. 22, 2023!
The Empire Technology Prize is Offering $10 Million for Clean, Tall-Building Heating Solutions
New York’s buildings account for one third of New York State’s GHG emissions, and 70% of New York City’s. The $10M Empire Technology Prize is looking for innovators to develop and/or demonstrate centralized, clean heating or distribution solutions that avoid expensive and disruptive installation in New York — solutions that can either work with existing steam or high temperature hot water distribution systems, or that do not require these systems to be removed. Up to seven finalists will be selected into the prize, and will be collectively eligible for $7M in prizes. Applications are open until March 22, 2024.
Learn more and apply here.
Dimensional Energy Closes $20 Million Seed Round and Wins Growth Equity “Deal of the Year” from Upstate Capital
Dimensional Energy, Inc., a global leader in Sustainable Aviation Fuel (SAF) production and advanced carbon emissions-derived fuels and materials, announced the successful closure of a $20 million Series A funding round. Dimensional Energy was formed through Venture For ClimateTech’s predecessor program, NEXUS NY. In addition, the Upstate Capital Association of New York awarded Dimensional Energy with the “Growth Equity Deal” of 2023.
Shiv Bhakta, CEO of Active Surfaces, and Karen Baert and Tristan Gilbert, Founders of Ammobia, Make Forbes “30 Under 30” List
This year, three Venture For ClimateTech participants made the Forbes 30 Under 30 list. Shiv Bhakta, CEO of Active Surfaces, was selected under the energy category for the company’s flexible and light-weight solar film. Karen Baert, Co-Founder & CEO, and Tristan Gilbert, Co-Founder, of Ammobia were selected for the manufacturing and industry category for their revolutionary and green way to produce ammonia.
See Forbes’ full list here.
Enerpoly Awarded $8.4 Million Grant from Swedish Energy Agency for MegaFactory
Enerpoly, a zinc-ion battery innovator and Scale For ClimateTech alumni, was awarded an $8.4 million grant earlier this month. The grant marks the first step towards financing the company’s production plant, and Enerpoly will raise additional private capital through a Series A funding round. Enerpoly will establish its zinc-ion battery manufacturing plant, named ‘Enerpoly Production Innovation Center (EPIC)’, in the next three years. EPIC will be the first center of its kind, with a projected final capacity throughput of 100 MWh annually.
Read more about the future plans and grant award here.
GreenPortflio’s Beta Product is Live!
Sign up for a free account with GreenPortfolio to assess your investment or retirement portfolio’s climate impact baseline, get your personal GreenPortfolio Score, see if your money is supporting fossil fuels, and explore greener alternatives. GreenPortfolio can help you put your money where it can have the most impact.
Get started today here.
AI has revolutionized almost every industry and the world of climate tech has not been left out. Three climate tech AI founders come together on Forward Faster to share their expertise and insight on how we can best use AI to cut GHG emissions and better understand our changing world. Tune in to hear Abhi Sastri, Founder and CEO of Fluix, Daniel Cohen, Founder of UCharge, and Allison Murray, Co-Founder and CEO of Acuicy, as they talk about how they use AI in their climate solutions.
Listen to the full episode here.
Manufacturing & Supply Chain News
In this new section, we highlight and share trends, events, and opportunities for manufacturers and suppliers, along with stories of how our partners across the ecosystem are working with innovators to bring emerging climate related technologies to market.
Advanced Manufacturing Initiative Programs and Grants Available Through NY MEP
Is your company considering adopting more advanced production technologies, protecting against cyber attacks, or exploring new materials to improve your products or supply chain resilience? Mini-grants are now available to small- and mid-sized manufacturers (<500 employees) to help cover the cost of technical assistance from NY MEP (Manufacturing Extension Partnership) Centers in the following four focus areas:
- The NYS Cybersecurity Manufacturing Initiatives Grant has been designed to help manufacturers address common cybersecurity needs and issues in a practical and understandable way through in-person assessments by professionals who specialize in working with small and medium manufacturers.
- The Advanced Materials Technical Assistance Program provides grants and assistance to industry partners who are looking to replace materials with more sustainable options in their products.
- The Supply Chain Initiatives Program has been designed to assist small- to mid-sized manufacturers in gaining an understanding of the maturity of their supply chain management practices and identifying potential changes that can remove risk from their businesses.
- The Industry 4.0 Program provides technology adoption and technology-related process improvement services and grant funding.
Learn more about the four Advanced Manufacturing Initiative Programs through the NY MEP Network here.
Want To Become A Scale For ClimateTech Mentor?
Scale For ClimateTech connects experts with climate tech companies working on breakthrough technologies to save the planet. Our volunteer experts serve as mentors to help derisk these companies as they work to commercialize their products. Become a Scale for ClimateTech mentor and get matched with companies in need of your expertise! Desired ﬁelds of expertise include customer discovery, design for manufacturing, sourcing, supply chain, inventory management, engineering, and operations. In the process, they contribute to the important cause of reducing carbon emissions, while expanding their network and impact.
If you’re interested, please apply to be a mentor here.
The world of climate tech is constantly changing in order to integrate the latest technological advancements and meet the urgent needs of an evolving world. Venture For ClimateTech offers a firsthand look as to what’s on the forefront of innovation and coming to the market in the near future. Watch Jack Baron, the Managing Director of Venture ClimateTech, share what we can expect to see in 2024.
See the full interview here.
You Could Win $1M in 2024 – Apply to Luminate for Your Chance!
If you have a startup with a solution that uses optics, photonics, or imaging (OPI), you should look into Luminate. The international accelerator awards $3M+ in funding annually to companies developing emerging solutions in almost every industry, including climate tech. Participation is primarily remote.
Apply for a chance to receive comprehensive support, including:
- $100,000 investment at program acceptance, plus a chance to compete for $1M in follow-on funding
- Access to investors, a world-class advisory board, industry experts, and a vast OPI supply chain network that can help you scale your startup
- Mentoring, lab facilities, and resources that provide the specific business and technical support you need