Breakthrough Energy

ArkeaBio™ Raises $26.5M to Reduce Greenhouse Gas Emissions with Methane Vaccine

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Mercoledì, Maggio 8, 2024
Environmental Health, Other Science, Research, Sustainability, Socially Responsible Investing, Other Health, Environmental, Social and Governance (ESG), Pharmaceutical, Climate Change, Environment, Finance, Green Technology, Professional Services, Biotechnology, Health, Agriculture, Science, Natural Resources, Environmental Issues, Veterinary, Breakthrough Energy, Climate change, Greenhouse, Ruminant, Methane, BEV, Animal, Farmer, Climate, Livestock, CO2, AG

ArkeaBio™, a leading ag-biotech start-up developing a vaccine to reduce livestock methane emissions, today announced the close of a $26.5 million Series A financing round.

Key Points: 
  • ArkeaBio™, a leading ag-biotech start-up developing a vaccine to reduce livestock methane emissions, today announced the close of a $26.5 million Series A financing round.
  • ArkeaBio’s vaccine will provide an innovative, cost-effective, and scalable solution to reduce the world’s livestock methane emissions, which currently generate the equivalent of 3 Billion Tonnes of CO2 annually and represent 6% of annual Greenhouse gas emissions.
  • New technologies can help to prevent accelerating methane emissions from the agricultural sector.
  • “A methane vaccine for ruminant animals is internationally recognised as the ‘holy grail’ to deliver methane reduction at low cost and mass scale.

ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors

Retrieved on: 
Lunedì, Aprile 15, 2024
Climate change, Certification, Treasury, Breakthrough Energy, London Business School, Aviation biofuel, Partnership, Coal, Carbon, Harvard Business School, Intelligence, ArcelorMittal, CPA, CHAR, Steel, M&A, Dofasco

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, proudly welcomes ArcelorMittal's Irina Gorbounova, Vice President of M&A and Head of the XCarb® Innovation Fund, to its Board of Directors.

Key Points: 
  • TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, proudly welcomes ArcelorMittal's Irina Gorbounova, Vice President of M&A and Head of the XCarb® Innovation Fund, to its Board of Directors.
  • Irina’s leadership has positioned her as a significant figure in promoting sustainability within the industrial sector, making her an invaluable addition to CHAR Tech’s Board.
  • Her leadership in sustainable steelmaking aligns perfectly with CHAR Tech's mission to drive decarbonization in industrial sectors,” says Andrew White, CEO of CHAR Technologies.
  • We are excited to be working with CHAR Tech for their biocarbon solutions, and I am especially honored to join CHAR Tech's Board of Directors at this pivotal juncture.”
    In July 2023, CHAR Tech secured a CAD$6.6M strategic investment from ArcelorMittal , through their XCarb® Innovation Fund , underscoring their commitment to advancing sustainable solutions.

LANZAJET ANNOUNCES INVESTMENT FROM MICROSOFT'S CLIMATE INNOVATION FUND, SUPPORTING CONTINUED COMPANY GROWTH

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Lunedì, Aprile 22, 2024
Aviation biofuel, ANA, Breakthrough Energy, Artificial intelligence, Carbon, Growth, Microsoft, Suncor Energy, All Nippon Airways, Mitsui & Co., SAF, Ethanol, Southwest Airlines, Shell, Renewable energy

CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally. In addition, LanzaJet and Microsoft intend to explore how Microsoft can supply its data and artificial intelligence (AI) capabilities to improve LanzaJet's corporate functions and ethanol to Sustainable Aviation Fuel (SAF) process technology.

Key Points: 
  • CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund.
  • This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.
  • This investment in LanzaJet follows a $50 million project finance investment from Microsoft's Climate Innovation Fund in 2022 to support the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia, the world's first ethanol to SAF production plant, which opened in January 2024.
  • "Microsoft is proud to support LanzaJet with our investment in the growth of its sustainable fuel technology business," said Brandon Middaugh, senior director, Climate Innovation Fund, Microsoft.

LANZAJET ANNOUNCES INVESTMENT FROM MICROSOFT'S CLIMATE INNOVATION FUND, SUPPORTING CONTINUED COMPANY GROWTH

Retrieved on: 
Lunedì, Aprile 22, 2024
Aviation biofuel, ANA, Breakthrough Energy, Artificial intelligence, Carbon, Growth, Microsoft, Suncor Energy, All Nippon Airways, Mitsui & Co., SAF, Ethanol, Southwest Airlines, Shell, Renewable energy

CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally. In addition, LanzaJet and Microsoft intend to explore how Microsoft can supply its data and artificial intelligence (AI) capabilities to improve LanzaJet's corporate functions and ethanol to Sustainable Aviation Fuel (SAF) process technology.

Key Points: 
  • CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund.
  • This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.
  • This investment in LanzaJet follows a $50 million project finance investment from Microsoft's Climate Innovation Fund in 2022 to support the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia, the world's first ethanol to SAF production plant, which opened in January 2024.
  • "Microsoft is proud to support LanzaJet with our investment in the growth of its sustainable fuel technology business," said Brandon Middaugh, senior director, Climate Innovation Fund, Microsoft.

ALPINE BIO, MAKER OF NOBELL FOODS, SECURES 10TH U.S. PATENT, BOLSTERING ITS PLATFORM AND DEMONSTRATING ITS LEADERSHIP IN MOLECULAR FARMING

Retrieved on: 
Martedì, Aprile 16, 2024
Breakthrough Energy, Agriculture, Genetic distance, Milk, Climate, Animal, Love, Taste, Plant, Patent, Food, Movement, SAN, Dairy

This milestone represents a significant stride in making animal-free dairy more accessible and appealing to consumers.

Key Points: 
  • This milestone represents a significant stride in making animal-free dairy more accessible and appealing to consumers.
  • Nobell Foods has been on a mission to unlock a new age of animal-free products where taste, quality, and affordability are widely accessible.
  • With further advances in Alpine Bio's end-to-end platform for protein production, Nobell Foods is even closer to bringing animal-free cheese to the world.
  • Strengthening Alpine Bio's robust IP portfolio, this patent further demonstrates the company's novel approach to revolutionizing the future of food with cheese that is produced without animals.

TS Conductor Wins 2024 BloombergNEF Pioneers Award for High-performance Conductor Accelerating the Energy Transition and Grid Modernization

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Mercoledì, Aprile 10, 2024
Basin Electric Power Cooperative, Breakthrough Energy, APS, Climate change, Arizona Public Service, Agriculture, BNEF, Weather, Salt River Project, Heel, TS, Congestion, ACSR, Innovation, Electricity, Research, Transport, Carbon, NextEra Energy, EV, Public utility, SRP, TVA, Bloomberg L.P., Tennessee Valley Authority, MDU, Longevity, Pioneer, Renewable energy

HUNTINGTON BEACH, Calif., April 10, 2024 /PRNewswire-PRWeb/ -- TS Conductor (TS), a leader in providing high-performance transmission and distribution conductors for electricity grids, today announced it has been named a winner of the 2024 BloombergNEF (BNEF) Pioneers Award. BNEF recognized TS for the ability of its advanced conductor solution to relieve bottlenecks in the deployment of clean power — one of the three challenges BNEF assessed for this year's Pioneers award program.

Key Points: 
  • HUNTINGTON BEACH, Calif., April 10, 2024 /PRNewswire-PRWeb/ -- TS Conductor (TS), a leader in providing high-performance transmission and distribution conductors for electricity grids, today announced it has been named a winner of the 2024 BloombergNEF (BNEF) Pioneers Award.
  • "It is an incredible honor to receive this prestigious award from BNEF, and our team is very grateful," said Dr. Jason Huang, CEO of TS Conductor.
  • TS is backed by investors such as Breakthrough Energy Ventures, National Grid Partners, NextEra Energy, and others.
  • Many past BNEF Pioneers winners have gone on to become major players in the global energy transition solution space.

Windfall Bio Raises $28 Million Series A to Scale Methane Capture & Transformation Solution

Retrieved on: 
Lunedì, Aprile 8, 2024
Technology, Manufacturing, Oil, Gas, Energy, Transport, Other Natural Resources, Environment, Other Technology, Sustainability, Agriculture, Natural Resources, Other Manufacturing, Logistics, Supply Chain Management, Climate Change, Tetra, Windfall, Health, Attention, Methane, Waste management, Tetra Laval, Mems, Nitrogen, Central Waqf Council, Sale, Climate, Carbon, Breakthrough Energy, Whole Foods Market, Atmosphere, Traction, Soil, Natural gas

Supporting its commercial pipeline, the new capital will enable Windfall to expand pilot deployments across methane intensive industries including agriculture, oil and gas, and waste management.

Key Points: 
  • Supporting its commercial pipeline, the new capital will enable Windfall to expand pilot deployments across methane intensive industries including agriculture, oil and gas, and waste management.
  • Windfall will also invest resources to continue building out its team, manufacturing capacity and supply chain to meet growing global customer demand for methane mitigation solutions.
  • Uniquely, Windfall’s approach can rapidly scale globally across large industries to meaningfully reduce methane emissions,” said Mark Cupta, Managing Director at Prelude Ventures.
  • The Series A funding brings the company’s total fundraising amount to $37 million and further validates the need and promise for its methane mitigation solution across multiple industries.

Furno Secures $6.5 Million Seed Funding to Cement a Carbon Neutral Future

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Mercoledì, Marzo 13, 2024
Green Technology, Manufacturing, Environment, Other Technology, Sustainability, Venture Capital, Environmental Health, Professional Services, Technology, Other Natural Resources, Other Energy, Mining, Minerals, Utilities, Natural Resources, Energy, Other Manufacturing, Climate Change, Chemicals, Plastics, Climate change, ECV, Sulfur oxide, ASTM, Nitrogen, Carbon, Green, NOx, Breakthrough Energy, CO2, Water, Heart, Calcination, Cement

Furno , a startup dedicated to decarbonizing the cement production industry, today announced the close of an oversubscribed $6.5M seed funding round and introduced its revolutionary, end-to-end cement production unit, the Furno Brick.

Key Points: 
  • Furno , a startup dedicated to decarbonizing the cement production industry, today announced the close of an oversubscribed $6.5M seed funding round and introduced its revolutionary, end-to-end cement production unit, the Furno Brick.
  • Furno addresses the immediate need for change and innovation in the cement sector with the world’s first modular and carbon-neutral cement plant that scales on demand, drastically reducing the barrier to entry and unlocking local or small-scale cement production.
  • The Furno Brick operates at greater than 80% thermal efficiency, doubling what standard cement plants are able to achieve.
  • Compact, modular and capital efficient, Furno’s technology makes cement sustainable and accessible for manufacturers everywhere, regardless of size or capital.

THE LEWIS LATIMER FELLOWSHIP PROGRAM TO INTRODUCE THE INCOMING COHORT OF EXCEPTIONAL FELLOWS AT THE 2024 EDISON AWARDS

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Giovedì, Aprile 4, 2024
Astronaut, Culture, Household, Black & Veatch, Innovation, Entrepreneurship, Edison Awards, Latimer, Beauty, Female, Photography, Futurist, Breakthrough Energy, African, Invention, LLFP, Professional corporation

In 2021, the Edison Awards introduced the Lewis Latimer Fellowship Program (LLFP) to a packed audience.

Key Points: 
  • In 2021, the Edison Awards introduced the Lewis Latimer Fellowship Program (LLFP) to a packed audience.
  • Since the inaugural cohort of six unique and impact-driven fellows was announced, the program has garnered more support and name recognition.
  • The Lewis Latimer Fellowship Program class of 2024 is announced, group to be honored at the upcoming Edison Awards.
  • The Latimer Fellowship Program is supported by Breakthrough Energy Ventures , Black & Veatch , Bracken Darrell, visionary CEO of VF Corp, and others.

Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing

Retrieved on: 
Giovedì, Febbraio 22, 2024
Technology, Chemicals, Plastics, Other Energy, Manufacturing, Batteries, Alternative Energy, Energy, Other Science, Environment, Research, Sustainability, Science, Other Manufacturing, Green Technology, Climate change mitigation, CEC, The Nature Conservancy, Emerson Collective, Breakthrough Energy, National Science Foundation, Climate change, Steel, BlackRock, Electricity, NextEra Energy Resources, Temasek, Lean, TPV, Wind, Partnership, Renewable energy

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.

Key Points: 
  • This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.
  • Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels.
  • Antora bridges the gap between renewable energy and industrial manufacturing, supplying zero-emissions heat and power to factories with batteries made in America.
  • Opening a landmark U.S.-based thermal battery manufacturing facility , where Antora will produce its thermal battery modules for the company’s first major commercial projects.