India’s Avaada Group has announced the successful closure of $1.3 billion (INR 10,700 crore) funding round. The funding is the largest equity round to be raised in the green energy sector in Asian continents. Avaada Group will use the funding to boost its initiatives of green hydrogen, green methanol, green ammonia, solar manufacturing and renewable…
AstraZeneca has announced $400 million investment for its AZ Forest Programme which aims to plant 200 million trees by 2030. The company will achieve the numbers with the team effort of experts, government and local communities. AstraZeneca will ensure the long term survival of these trees to ensure a healthy planet and healthy people. AZ…
1KOMMA5° has raised €215 million in a Series B equity funding round at a valuation of more than $1 billion in just 23 months after the climate-focused company was founded. G2VP led the round that also includes €215 million in re-participation options, which can be paid as part of the purchase price for new acquisitions….
CleanHub secures $7 Million funding led by Lakestar and Integra Partners, for cleaner plastic free coastal regions and oceans. The company aims to fill the waste management gap in developing countries and use funding the funding along with infrastructure to manage waste more efficiently. CleanHub states that 2 billion people in coastal regions worldwide lack…
A report from the International Centre for Integrated Mountain Development (ICIMOD) says that the Himalayan glaciers’ snow and permafrost of the HKH (Hindu Kush Himalayas) regions are losing ice quicker than expected due to global warming. The report reveals that at the current pace of emissions trajectories, the Himalayan glaciers can lose up to 80%…
Supercritical has announced $13M Series A funding, led by Lightspeed Venture Pacrtners with support from Greencode, RTP, and MMC. Supercritical has been working towards building a carbon removal marketplace to achieve the goal of removing 10 billion tonnes of CO2 by 2050. By measuring, reducing and removing CO2 with Supercritical, Michelle You, the founder, believes in supporting businesses…
The Norwegian Climate Investment fund, managed by Norfund, and KLP, Norway’s largest pension company, together commit equity and guarantees for a 168 MW wind power plant developed by Enel Green Power in India – to avoid 570 000 tons of Carbon dioxide equivalent (CO2e) per year. The announcement comes as the first annual report of…
TDK Corporation announced today that subsidiary TDK Ventures Inc., its corporate venture capital arm, is expanding into the European market with plans to invest in startups in the region. The company selected London as the site of its first outpost for its ambitious quest to nurture energy transition, electrification, and decarbonization throughout Europe. At the same time, TDK…
Reask has announced that it has raised a total of $6.55 million in funding. The most recent $4.6 million seed round was co-led by Mastry Ventures and Collaborative Fund, with participation from Macdoch Ventures and existing pre-seed investors Tencent, SV Angel, and Hawktail. Reask provides high-resolution weather risk analytics and forecasting to calculate the severity…
We are thrilled to announce the launch of our brand-new website dedicated to all things related to the incredible world of our journey toward net zero! As the urgency to combat climate change grows, our mission is to keep you informed about the latest news, breakthroughs, and inspiring stories surrounding the global transition to a…