Up Catalyst can tweak the basic process to also manufacture carbon nanotubes for paint or reinforced concrete, as well as graphite tailored to hydrogen fuel cells.
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General Catalyst raises $8B in fresh funds to back startups globally
U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding, while $1.5 billion is earmarked for its so-called “creation strategy” which is focused on helping repeat or “proven” founders build new companies. An additional
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Alt Carbon scores $12M seed to scale carbon removal in India
From a struggling family tea estate to an innovative climate venture, Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon
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Climate startup CUR8 raises $6.5M from GV for its market-making platform for carbon removals
The IPCC has said the world needs to remove 10 billion tons of carbon dioxide out of the atmosphere by 2050 in order to avoid a climate cataclysm. And, yes, there are multiple methods for carbon removal today, such as planting more trees (afforestation), sucking CO2 out of the sky (direct air capture) and spreading […]
May 31, 2023
Supercritical, a carbon removal marketplace aimed at tech firms, raises $13M Series A led by Lightspeed
Supercritical, the carbon removal marketplace aimed (at the moment) mainly at tech companies that want to hit “net zero,” has raised a $13 million Series A funding round, led by Lightspeed Venture Partners. The round includes funding from RTP Global, Greencode Ventures, MMC Ventures and others. We covered Supercritical’s launch back in August 2021, when it pointed out that […]
Jun 21, 2023