Climate Tech Updates

Updated: Dec 13, 2021

Take a look at the updates we spotted in the climate startup ecosystem last week (30.11.2021 - 07.12.2021)




Climate technology startup ecosystem update


Funds



💰 Vienna-based Speedinvest, a venture capital fund investing in tech startups, announced that it has launched a new €80M Climate & Industry Opportunity fund.

Together with Creandum, Speedinvest has recently mapped the climate tech landscape in Europe according to eight categories defined by the European Green Deal. Take a look at the report!


The european green deal: 8 pillars of opportunity


Open calls


🎟️Venture Builder for climate emergency Carbon13 is accepting early applications for its Venture Builder starting in April 2022. Over the period of 5 years, Carbon13 is selecting and supporting 1000 entrepreneurs who will build scalable ventures with the potential to reduce carbon emissions by over 400 million tonnes.



🇬🇧Apply to the Greenhouse Innovation Programme, a 12-month innovation programme for early-stage, climate positive startups that offers access to business coaching, masterclasses, free workplace in London, and equity-grant funding. Don’t miss out the opportunity for a Q&A session for applicants.



🏆 If you have a solution for a more sustainable textile world, don’t miss out on the chance to apply for the GEC Textile Award to win up to €200K in scale-up services and scale to reach customer success.



🎫 Don’t miss out the deadline to apply to The Future of ClimateTech Global Startups Competition which will bring together high potential startups from 6 continents that are seeking to have a global impact on climate change.





Ecosystem


📝 Copenhagen-based The One Initiative just released a curated list of 50 promising Nordic and Baltic impact startups of 2021.



Launches


👩‍💻Founded in 2020 in London, Climate X projects location-specific risks and the associated losses from extreme weather events linked to climate change. After raising €1.3M last July, Climate X just launched a new platform - Climate X Spectra - which will further help their mission to build a more climate-resilient future.

climate x spectra


🛩️ Ascendance Flight Technologies just introduced ATEA, a hybrid electric VTOL aircraft with 5 seats and a transportation capacity of 450kg. This electric aircraft with 400km autonomy makes 4 times less noise pollution and reduces carbon emissions by 80%



🇳🇱 As of last week Dutch-based e-mobility startup GO Sharing added electric shared cars to its services in the Netherlands, adding to their popular e-mopeds and e-bikes. The e-mobility startup is currently providing services in the Netherlands, Belgium, Germany, Austria and Turkey.



📊 Berlin-based Greentech startup Plan A, helps businesses automate and manage their ESG reporting with one software for all their sustainability needs. After recently raising a $10M round, the startup has just launched a new SaaS tool to cover this ESG reporting in an automated fashion aimed at startups and VCs.



Milestones


✈️ United Airlines just became the first airline in history to operate a passenger flight carrying over 100 passengers using 100% sustainable aviation fuel. This milestone was hit after efforts in the last years to continuously use sustainable aviation fuel in its regular operation, mixing it with conventional jet fuel in the same engine.



Interesting stuff


Direct air capture (DAC) is a fledgling technology that captures CO2 out of the air so it can be used or returned underground to be stored away safely in geologic formations. By permanently removing large amounts of carbon from the atmosphere, DAC could provide an important “insurance policy” for the climate. Take a look at three areas of innovation startups can focus on to make DAC a robust and cost-effective part of the carbon removal portfolio.




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