climate tech

How China Got Ahead on EVs Speakers: Zeyi Yang, China reporter, Amanda Silverman, Features & investigations editor, and Abby Ivory-Ganja, Sr engagement editor In the race to produce and sell more electric vehicles, China has emerged as the unexpected winner. If you visit Shanghai or Shenzhen today, it feels like half of the cars running on the streets are electric. The burgeoning domestic demand also transformed Chinese auto companies into aggressive challengers in the global auto market. What did China’s government…

In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. According to the state-owned power generator Eskom, the country witnesses a significant power deficit, surpassing 6,000 megawatts on occasion. This situation is similar in most African countries, thereby increasing the demand for solutions provided by clean tech startups across the continent. In the latest…

Climatetech startup which helps offset greenhouse gas emissions Varaha has raised $8.7 million as a part of its latest funding round led by early-stage venture capital firm RTP Global. The round also saw participation from existing investors Omnivore and Orios Venture Partners. Japanese cooperative bank, Norinchukin Bank also participated as a part of the round. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine…

It was these rich reserves that drew Talon, which was previously focused on developing gold mines in Brazil, to this part of rural Minnesota. After reviewing the findings of Kennecott Exploration, a subsidiary of Rio Tinto that had been drilling at the site for more than a decade, it agreed to acquire a 30% stake for $37.5 million in 2014. Talon now owns 51% of the project.  The density of the nickel, copper, and iron at the site means that Talon can extract more metals from every ton of ore it pulls up from the ground.…

Websites, apps and startups are rushing to track government incentives for climate tech Spend some time with people in the climate tech world and you’ll soon learn that a lot of them share something in common: They’re not used to having a lot of money. That’s because for years, climate represented a cost for many businesses, not an opportunity. Fortunately, that’s started to change recently as investors have rushed into the space, seeking opportunities in “double-digit…

Australia is a land of natural wonders, from the Great Barrier Reef and Daintree Rainforest to Kakadu National Park and the Blue Mountains. But because of the country’s naturally dry and biodiverse climate, it’s particularly vulnerable to extreme weather events that have been exacerbated by climate change. All of those wonders have been affected in recent years by bushfires, extreme heat waves, rising temperatures and floods.  Queensland is dealing with the worst flooding in history in the…

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show where we sit down with a guest, think about their work and unpack the rest.  Today, we’re spinning the globe with not one but two interviews thanks to Rebecca Bellan, who’s been in Auckland, New Zealand, for the past three years. She recently hopped across the Tasman Sea to Australia to report on the startup…

About 2% of the world’s CO₂ emissions come from pressurized, jet-powered sausages careening through the air. Earlier this week, I covered one startup, Metafuels, that thinks it has a solution for reducing aircraft emissions. I was able to talk the company’s founders into giving me the pitch deck for their $8 million seed round so we could do a deep dive into the materials it used to raise the funding. We’re looking for more unique pitch decks to tear down, so if you want to submit your own, here’s how you can do…

A couple years ago, when the pandemic was still in full swing, Raj Kapoor and Josh Felser started making some investments in climate tech startups. They called their operation Climactic, and initially they placed bets using their own money. Both are experienced founders, operators and investors, but they were new to focusing on this particular sector and began by testing the waters. Things must have gone well, because now they’re jumping in: The firm today said it has closed a $65 million…

“The lure of entrepreneurship is undeniable,” writes resident pitch expert Haje Jan Kamps. But starting a company is also a hard road, and the decision to go for it shouldn’t be taken lightly. Full TechCrunch+ articles are only available to members.Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. It’s not enough to just know your business model and potential TAM. You also have to consider your personal goals. Why do you want to build a company? Why do you want…