More than Enough Green to Go Around This Spring

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Welcome to For ClimateTalk – For ClimateTech’s monthly newsletter highlighting upcoming opportunities for climate innovators, thought leaders, and community connectors.

 

Venture For ClimateTech Closes Cohort 3 Applications with 298 Applicants

Venture For ClimateTech wrapped up its recruitment period with a delayed extension to accommodate climate tech startups impacted by the SVB Bank and Signature Bank collapse. 

Despite the ever-changing financial world and climate, Venture for ClimateTech received 298 applications for Cohort 3. This increase from Cohort 2’s 220 applications, combined with the fact there are more programs each year providing similar services and support as Venture For Climate, leads our team to believe that there is still an unmet demand for support and funding at the early-stage of climate tech company development.

The team is now  hard at work on technology and application reviews to identify the top 20 teams that will makeup Cohort 3 of Venture For ClimateTech. Stay tuned for Cohort 3’s announcement this May!

Find Funding

The One Million Black Women: Black in Business Program is Accepting Applications for Its Fall 2023 Cohort. The program is dedicated to reaching Black women entrepreneurs with the tools necessary to turn their business potential into business growth. 

The program will provide: Free 10-week business education program with online and in-person programming; $2,000 program stipend; all-expense paid trips to Goldman Sachs in NY; business advisors and mentors to guide growth path; and a powerful network of Black women entrepreneurs.

Visit the website to submit an application and learn more. Applications for the Fall 2023 Cohort will be accepted until April 21, 2023.



The
Verizon Climate Resilience Prize is offering four $125K in prizes and organizational development support to companies with a game-changing climate tech solution. In collaboration with GreenBiz and Resilient Cities Network, the competition is calling for scalable solutions to accelerate an equitable, climate-resilient future. The Prize empowers early-stage companies with funding, ongoing support, and networks to scale its solutions for climate resilience. Applications will be accepted through April 23, 2023. Learn more and apply here.

Cohort News

Amogy has raised $139M in Series B-1 funding led by SK Innovation and joined by other global investors, including Temasek, Korea Zinc, Aramco Ventures, AP Ventures, MOL PLUS, Yanmar Ventures, Zeon Ventures and DCVC. This funding will enable Amogy to continue its organizational development to support commercialization, begin manufacturing of its innovative ammonia-to-power technology, and bring its first product to market in 2024.



3E Nano closed a US $4M series in seed funding and received an additional CAD $5M in follow-on funding from Sustainable Development Technology Canada (SDTC) to commercialize its affordable solar control technology for windows. The raise was led by Energy Foundry and includes major investors MUUS Climate Partners, ACT Venture Partners, Creative Ventures, and New Climate Ventures. Read the full announcement here.



Atrevida Science Inc. has been awarded a National Science Foundation (NSF) Small Business Technology Transfer (STTR) grant for $256,000 to conduct research and development (R&D) to create a software model that uses highly accurate algorithms to mimic actual blade and wind conditions. This advanced model supports the design and control of a 21st century wind turbine blade configuration for offshore wind systems. Read the full blog post here



Climatize Earth has been granted approval to move forward on funding portal membership with the Financial Industry Regulatory Authority (FINRA). FINRA is a government-authorized not-for-profit organization that oversees U.S. broker-dealers to protect investors and ensure the market’s integrity. Being approved by FINRA is an extensive and arduous process, for good reason. Check out Climatetize and subscribe here to its newsletter for more updates and news.

Founder Feature

Tinia Pina | CEO and Founder of Re-Nuble

Tinia Pina

What’s your elevator pitch?
Re-Nuble takes unrecoverable food waste from food distribution and processing and we turn it into a platform of sustainable technologies for indoor growers. We ultimately provide a positive financial and climate effect on these operations, as well as to indoor gardeners.

What’s your motivation for your company?
Our motivation is to help commercial farms– these are growers that operate greenhouses, vertical farms, any cover crop production–reduce their input costs and source alternatives that are regenerative or “closed loop” in terms of how these products are made. The reason why that’s important is because a lot of these farms and indoor garden systems are using synthetic mineral salts. And the greenhouse gas emissions that are generated globally from this is anywhere between 3 to 5 percent as it currently stands, which is significant. Not only does it create a toll to manufacture these synthetic mineral salts, but to distribute them across the world to various agricultural ecosystems.

What are your top 3 go-to places to learn what’s happening in the climate tech space?

  1. The Climate Leadership Slack
  2. Enduring Planet
  3. Fourward VC


Outside of Re-Nuble, what do you do for fun?
Uh pickleball. It’s so good. Like, that’s become my latest hobby – playing pickleball. It’s far less intimidating than tennis. I don’t even really know how to play tennis. And, I love photography. So, I love just kind of walking around and taking still images of things. And just kind of getting out of the city and hiking.

Do you have any advice for other founders on how to keep up with the mental stamina and demands of being a founder?
I think for me it would be, people have to–as soon as they start–really talk and be comfortable with talking about what they’re doing. Not only does this develop your brand, it really helps you practice how you’re going to talk to people. And, to tailor those conversations based on where their interests are, because the people can be a potential advisor or connect you to someone that could serve on your team or connect you to money. At the end of the day, people are not going to be as passionate about what you’re doing and really aren’t going to execute on it, so you’ve got to remove yourself from that hope. Just become a magnet for your brand and for your vision. I can’t stress that enough. The second thing would be, especially for companies that are a bit early on, to understand that funding will be harder to come by because it’s more risky at this stage. There is a platform called F6S. When I started, I took my own savings – I literally wiped out my 401K and hustled my tail off to business plan and pitch competitions. And it was that platform that helped me find those opportunities. So that would be the second piece of advice for the funding side.

Community

Join the For ClimateTech Team at the Climate Solutions Accelerator Summit: Building a Regenerative Local Economy


CSA Summit 2023This two day event will focus on organizations and citizens in action who are transitioning from an extractive economy to a regenerative economy in the Genesee-Finger Lakes Region.

Day 2 will be focused on meeting and hearing from organizational leaders in the community with our own Chris Carpenter speaking on the Regenerative Finance panel and  sharing how climate tech companies can find early-stage funding to get your ideas to market.The event will conclude with a Regenerative Economy Career & Opportunities Fair open to the public on Saturday, April 22 from 2:30 – 4:00 PM. Come find the For ClimateTech team there!

Learn more and register here.





In Case You Missed It! The Scale For ClimateTech team was at the 2023 Earth Day Festival in Union Square NYC this past weekend.

Ryan and Kris 1
S4C Table

 

 

 

 

 

The team was joined by alumni cohort companies and MEIR grant recipients Clip.Bike, We Are the New Farmers, and WildGrid.


 

MRL Infographic

Teams focused on taking an idea and making it into a manufactured product are faced with never ending decisions about how to best move forward with their product while simultaneously calculating the risks they are taking along the way. The Manufacturing Readiness Level (MRL) is a tool specifically designed to help manufacturers keep track of their risks and to make sure that they are allocating resources to the most important tasks needed to have a successful product. 

The MRL methodology is central to Scale For ClimateTech’s curriculum but it is a complicated and extensive process. Last year’s summer intern, Mikayla Bader, made this infographic to help explain it.

Get started here.


 

Columbia Technology Ventures (CTV) is hiring a Program Manager for its “Entrepreneursh” program. The role will support a variety of climate programs and administration work between the “Entreprenuer”-in-Residence (NEIR) Program, the Climate Justice Fellows Support Program (NCJFS) Program, and other related programs. See the full job description and apply here!



The Climate Tech Current

The Climate Tech Current is a space where our team members share what we think are some of the month’s top three impactful climate tech related ideas, news, multimedia content, or happenings worth your screen-time. If you have any interesting stories that you think are worth sharing, don’t hesitate to drop us a note here.

Top News to know…  Silicon Valley Bank’s Abrupt Closure Leaves Venture Capitalists And Founders Scrambling by Forbes’ staff writer, Alex Konrad. 

President Biden issued his first veto by POLITICO’s Eleanor Mueller. The veto was on the repeal of a Labor Department rule that permitted retirement investing tied to environmental and social goals.

A Climate Update… ‘Scary’ new data on the last ice age raises concerns about future sea levels by the Washington Post’s Kasha Patel and Chris Mooney. The article covers the latest study, Rapid, buoyancy-driven ice-sheet retreat of hundreds of metres per day, published by Nature at the beginning of April.

To ground yourself for the long game… How We Show Up: Reclaiming Family, Friendship and Community by Mia Birdsong explores how the “good life”—the well-paying job, the nuclear family, upward mobility—can sometimes still leave us feeling isolated and unhappy. Birdsong illuminates how we’ve forgotten the key element that helped humanity make progress in the first place: community. 

Birdsong demonstrates how showing up—literally and figuratively—points us toward the promise of our collective vitality and leads us to the liberated wellbeing we all want.