by RJ Shara | Aug 30, 2021 | Fundings and Exit, Startups
One of the effects of rising CO2 levels in our atmosphere is that levels also increase proportionately in the ocean, hurting wildlife and changing environments. Heimdal is a startup working to pull that CO2 back out at scale utilizing renewable resource and producing carbon-negative industrial materials, including limestone for making concrete, while doing so, and […] The Heimdal procedure, which has actually been demonstrated at laboratory scale (believe terrariums instead of thousand-gallon tanks ), is roughly as follows. Terraformation is a big advocate of solar desalination, and Heimdal fits right into that formula; the two are working on a main partnership that should be announced quickly. Wong points out that the primary cost of Heimdal’s business, beyond the preliminary ones of buying tanks, pumps, and so on, is that of solar energy. All in all it appears to make for an appealing investment, and though Heimdal has not yet made its public debut (that would be forthcoming at Y Combinator’s Summer season 2021 Demonstration Day) it has actually drawn in a $6.4 million seed round. 
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by RJ Shara | Jul 9, 2021 | Fundings and Exit, Startups
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Danny and Alex were on deck this week, with Grace on the recording and modify. Natasha will be back with us starting next week. So, it was old times on the program with just 2 of our team to vamp on the [ …]
Natasha will be back with us starting next week. Didi’s problems have continued this week, with the business seeing its share cost continue to fall. …
by RJ Shara | Jun 22, 2020 | Startups
Embodying the stress that cities throughout the world face as they wrestle with managing a pandemic in thick, city environments, Urban-X, the accelerator for technology startups focused on the problems cities face, has actually introduced its 8th, fully remote, cohort. While the accelerator program backed by the BMW-owned Mini Cooper car manufacturer and the venture capital firm […] “Long term, we are bullish on cities.”I think that cities have held up against pandemics formerly. Cities are going to continue to be the epicenters of creativity and development,” said Kotch. Later-stage investors believe that the Urban-X thesis can develop feasible companies, with about 85% of the accelerator’s companies going on to raise extra rounds of financing. …
by RJ Shara | Apr 14, 2020 | Startups
With corporations across the world taking a better look at the impacts their operations have on international environment change, financiers are backing a crop of software application and services that are turning up to pull back the drape on those climate effects. The current of these to raise capital is The Environment Service, which just closed […]…
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