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EC Food Climate and Sustainability

Pitch Deck Teardown: Metafuels’ $8M climate tech seed deck

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…

Climactic launches first fund as its partners eye looming M&A boom in climate tech

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…

Making the clean energy transition, well, cleaner

People in many parts of the world are trying to lower their impact on the climate. From companies to countries, a lot of groups have goals to reduce their environmental impact. With innovation in areas like electric vehicles, wastewater treatment and battery recycling, among many others, those goals seem easier to attain than ever before. But could it really be that easy? While much of this progress sets countries and organizations up for a cleaner future in the long run, the actual transition…

GM and Toyota are shaping up to be the biggest losers in the EV transition

GM may have mortgaged its future last week. On Wednesday, the automaker announced that it would boost its dividend and buy back $10 billion worth of its shares, effectively erasing this year’s net income and then some. The move pleased shareholders, with GM’s stock trading about 10% higher than before the financial engineering moves were announced. But shareholders’ delight may be fleeting. Profits from sales of fossil fuel vehicles are supposed to bankroll the transition to electric vehicles,…