ย 

Climate Tech Updates

Updated: Jan 26

Take a look at what happened in the European climate tech startup ecosystem last week! ๐Ÿ‘€



Milestones


๐Ÿ„ Mosa Meat reveals the secret to no-kill lab-grown meat โ€‹that cuts costs by 80%. Lab-grown meat startup Mosa Meat has revealed how it removed the controversial and costly ingredient, fetal bovine serum (FBS), from its process. Mosa says its alternative can make the process 80% cheaper. By making it public, the startup could inspire more investor confidence in the sector and help other companies on the road to price parity.



Funds


๐Ÿ™ Eurazeo updates its second Smart City fund, now at โ‚ฌ150M.

French-born venture capital firm Eurazeo has announced the second close of its Smart City fund II, adding โ‚ฌ70M since the first close just shy of a year ago. The firmโ€™s Smart City fund is earmarked to invest in energy, mobility, proptech, industry tech, and logistics startups on a global scale.



Ecosystem


๐ŸŒ 10 climate tech startups protecting our planet in 2022. After climate tech took center stage at COP26 UN Climate Change Conference in Glasgow, Eu-Startups compiled a list of 10 European climate tech startups taking up the challenge of climate action. These startups are addressing the key sectors of climate action such as mobility and transport, energy, food agriculture, land use, industry manufacturing, built environment, and financial services. Learn more about startups like Klima, Volta Trucks, Verkor, Zolar and so on!


๐Ÿ”ฅ 5 areas where VCs can play an outsized role in addressing climate change.

So where precisely do VCs factor into global efforts to address climate change? To learn more read this article that outlines five key areas where VCs can play a role in addressing climate change: (1) back and de-risk; (2) signal for talent; (3) navigate the value-chain; (4) crowd-in investors; and (5) build ecosystems.




Open calls


โ€ผ๏ธ Are you developing solutions in Healthcare, Cleantech, Biodiversity or Education? Check out InTentโ€™s Impact Internship Programme. Submit up to 3 project proposals and get a fully sponsored internship position in your company. The purpose of the program is to bring smart early in career talents together with game-changing startups, scaleups, or SMEs through sponsored paid 3-month summer internships.


๐Ÿ’ฅ Donโ€™t miss out on your chance to apply for the RESPOND Accelerator 2022 โ€“ cohort #3. The RESPOND Accelerator is a 6-month startup accelerator program that systematically advances how entrepreneurs lead, grow and scale sustainable businesses. The program is seeking sustainable business models that systematically address: Future of Work, Sustainable Urbanization, and Responsible Economy.


๐ŸŒป Are you a cleantech startup ready to explore opportunities and strategic partnerships? Join the DeepTech Alliance Clean Energy Accelerator that matches clean energy startups with corporate partners across Europe through an 8-week program.


๐ŸŒŠ If you are a Blue Economy startup, donโ€™t forget to apply for the Faros Accelerator program. It is promoted by CDP Venture Capital SGR and is dedicated to startups that aim at developing sustainable, disruptive, and environmentally responsible solutions in the field of blue economy and harbor innovation. Faros aims at strengthening the relationship between startups, corporate stakeholders, and public administration throughout the development of a more comprehensive value chain.


๐Ÿ•ถ Are you an early-stage startup with a solution for societal and environmental challenges? Apply for the Norrsken Impact Accelerator. The program offers, among others, a $125K investment, unicorn mentors, and gives you access to top investors.



Interesting stuff


๐ŸŒฟ The Greentech, climate tech, and cleantech guide. Green technology in 2022 is the intersection of much new terminology and a wide range of innovative solutions around energy production, pollution reduction, and climate change reversal. Donโ€™t miss out on this complete guide to Greentech โ€“ new environmental technology including Climate Tech, Cleantech, and everything in between.


๐ŸŒฌ Inventor of direct air capture technology explains how machines scrub GHG from the air and delves into where this technology will be in 10 years. Professor Klaus Lackner sees a world that abandons fossil fuels, probably gradually but has the mandate to capture and store all the CO2 long term.





Want to know how Eutopia can help you get information about climate startups?




#news #climateinnovation #startups #weeklyupdates #climatetech

ย