Blue Frontier

MIT Technology Review releases inaugural list of "15 Climate Tech Companies to Watch"

Retrieved on: 
Wednesday, October 4, 2023

CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming. The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.

Key Points: 
  • MIT Technology Review reveals the list live at its annual sustainability conference, ClimateTech
    CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming.
  • The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.
  • The 15 Climate Tech Companies to Watch are:
    Blue Frontier : It's getting hot out there and will only get hotter, which means millions more people will need access to air conditioning just to survive.
  • For more information on the 15 Climate Tech Companies to Watch, visit MIT Technology Review's website at TechnologyReview.com .

Air Conditioning Systems Industry Players Counts on ESG Goals for Sustainable Future - Astra ESG Solutions

Retrieved on: 
Thursday, April 13, 2023

SAN FRANCISCO , April 13, 2023 /PRNewswire/ -- Industry leaders are embracing ESG and investing in diversity, governance, social contribution to foster air conditioning systems.

Key Points: 
  • SAN FRANCISCO , April 13, 2023 /PRNewswire/ -- Industry leaders are embracing ESG and investing in diversity, governance, social contribution to foster air conditioning systems.
  • Burgeoning urbanization, thriving living standards and scorching heat have fuelled the demand for AC units, spurring the need for ESG rankings and goals.
  • Blue Frontier, a sustainable air conditioning technology provider, suggests that AC contributes 5% of global greenhouse gas emissions.
  • The global air conditioning systems market could observe around 6.2% CAGR between 2021 and 2028.

Air Conditioning Systems Industry Players Counts on ESG Goals for Sustainable Future - Astra ESG Solutions

Retrieved on: 
Thursday, April 13, 2023

SAN FRANCISCO, April 13, 2023 /PRNewswire/ -- Industry leaders are embracing ESG and investing in diversity, governance, social contribution to foster air conditioning systems.

Key Points: 
  • SAN FRANCISCO, April 13, 2023 /PRNewswire/ -- Industry leaders are embracing ESG and investing in diversity, governance, social contribution to foster air conditioning systems.
  • Burgeoning urbanization, thriving living standards and scorching heat have fuelled the demand for AC units, spurring the need for ESG rankings and goals.
  • Blue Frontier, a sustainable air conditioning technology provider, suggests that AC contributes 5% of global greenhouse gas emissions.
  • The global air conditioning systems market could observe around 6.2% CAGR between 2021 and 2028.

NOMAD Joins Team Selected by U.S. Department of Defense to Research Microgrid Energy Solutions for National Guard Facilities

Retrieved on: 
Tuesday, February 7, 2023

“When we set out to design NOMAD, one of our first goals was to create a product that would deliver unrivaled emergency response capabilities,” said NOMAD Director Jay Bellows.

Key Points: 
  • “When we set out to design NOMAD, one of our first goals was to create a product that would deliver unrivaled emergency response capabilities,” said NOMAD Director Jay Bellows.
  • The effort comes in response to high energy infrastructure costs at National Guard sites across the U.S.
  • The EPRI research team will explore how advances in electricity, heating and cooling, and energy management can offer solutions for the National Guard.
  • “Our commitment is to deliver units assembled here in the United States to bring reliability and on-demand power to the National Guard.”

Breakthrough Energy Ventures Leads $20M Series A for Blue Frontier's Game-Changing Sustainable, Energy-Storing Air Conditioning

Retrieved on: 
Thursday, July 28, 2022

BOCA RATON, Fla. , July 28, 2022 /PRNewswire/ -- Blue Frontier, Inc., the leading innovator in ultra-efficient sustainable air conditioning technology, announced today that it has raised a $20M Series A equity investment led by Bill Gates-founded Breakthrough Energy Ventures, 2150 Urban Tech Sustainability Fund and VoLo Earth Ventures. Blue Frontier's commercialization partner, Modern Niagara, also participated in the funding round. The Series A financing will accelerate Blue Frontier's ability to bring its product to market, thereby helping to propel the company towards its goal of creating gigaton reductions in greenhouse gas emissions by decarbonizing building cooling.

Key Points: 
  • Blue Frontier's AC system reduces electricity use by up to 90% by combining dew-point-style sensible cooling with liquid desiccant dehumidification.
  • Brian Mayers, of Breakthrough Energy Ventures, will serve as a board observer.
  • "Cooling is already a significant part of our global energy consumption and is expected to eventually surpass heating demand," said Carmichael Roberts, Breakthrough Energy Ventures.
  • "Blue Frontier's innovation is important because it can provide cooling with higher efficiency but also improved flexibility reducing overall load and better utilizing renewable energy.

Blue Frontier Selected as 2022 BloombergNEF Pioneer Winner

Retrieved on: 
Thursday, April 14, 2022

was selected as a winner of the prestigious 2022 BNEF Pioneers award, which recognizes game-changing technologies with the potential to accelerate global decarbonization and halt climate change.

Key Points: 
  • was selected as a winner of the prestigious 2022 BNEF Pioneers award, which recognizes game-changing technologies with the potential to accelerate global decarbonization and halt climate change.
  • BloombergNEF is a leading strategic research provider covering disruptive technologies on the pathways to drive the transition to a low-carbon economy.
  • Blue Frontier, this year's winner, is a hardtech, cleantech company that is reducing the carbon footprint of buildings and enabling the cost-effective adoption of sustainable energy.
  • Widespread deployment of Blue Frontier technology will fundamentally change how people, the grid, and buildings interact with each other.

Scientists Show Large Impact of Controlling Humidity on Greenhouse Gas Emissions

Retrieved on: 
Monday, March 14, 2022

The research, which explores the environmental impact of controlling humidity, appears in the journalJouleas Humiditys impact on greenhouse gas emissions from air conditioning .

Key Points: 
  • The research, which explores the environmental impact of controlling humidity, appears in the journalJouleas Humiditys impact on greenhouse gas emissions from air conditioning .
  • While the energy used to power air conditioners has clear implications on greenhouse gas emissions, the impact from removing moisture from the air has escaped in-depth study until now.
  • The researchers showed that controlling humidity is responsible for roughly half of the energy-related emissions, with the other half due to controlling temperature.
  • The increase in global humidity is projected to have a larger impact on emissions than the increase in global temperatures.

Sustainable Air Conditioning Technology to Be Commercialized in Cleantech Partnership Between Blue Frontier and Modern Niagara

Retrieved on: 
Thursday, March 3, 2022

Blue Frontier is a South Florida based cleantech startup that has developed an air conditioning technology that is much more efficient than conventional systems.

Key Points: 
  • Blue Frontier is a South Florida based cleantech startup that has developed an air conditioning technology that is much more efficient than conventional systems.
  • Blue Frontier's technology is unique because it integrates energy storage and air conditioning in a single device without using conventional batteries.
  • Dr. Daniel Betts, CEO of Blue Frontier, further comments, "Our collaboration with Modern Niagara increases our speed to market.
  • We found that the team at Modern Niagara fully shares our vision for sustainability while at the same time enhancing customer experiences and providing better services."

VoLo Earth Ventures Launches First Fund Focused on Climate Tech Solutions, receives commitment from Credit Suisse Climate Innovation Fund

Retrieved on: 
Thursday, December 9, 2021

VoLo Earth Ventures Impact Fund I has surpassed its original $50M target in commitments, which now include an investment from the Zurich-based Credit Suisse Climate Innovation Fund, but remains open to new investors at this time.

Key Points: 
  • VoLo Earth Ventures Impact Fund I has surpassed its original $50M target in commitments, which now include an investment from the Zurich-based Credit Suisse Climate Innovation Fund, but remains open to new investors at this time.
  • The fund will be capped at $100M and could close early in the new year.
  • VoLo Earth invests in pre-seed, seed, and Series A rounds, prioritizing lead and co-lead positions due to the team's deep backgrounds in climate tech.
  • VoLo Earth has developed a rigorous carbon accounting approach in measuring, forecasting, and reporting carbon impact to their investor base.