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Elemental Excelerator to Fund 15 Climate Companies in 12th Cohort

Retrieved on: 
Tuesday, October 17, 2023
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HONOLULU and EAST PALO ALTO, Calif. , Oct. 17, 2023 /PRNewswire/ -- Elemental Excelerator, a leading nonprofit investor in climate technology for deep community impact, introduced its latest cohort, bringing its total amount of investments to $79M. With this latest cohort, Elemental is infusing another $12.5M into climate solutions and will spearhead the development of 15 transformative technologies crucial for heating and cooling our homes, reimagining critical resource extraction, advancing carbon removal and transforming our food system. These 15 climate companies will join an existing portfolio of more than 150 investments.

Key Points: 
  • These 15 climate companies will join an existing portfolio of more than 150 investments.
  • Elemental is expanding its support for visionary entrepreneurs who are addressing climate challenges in innovative ways.
  • Of the $12.5M invested in Cohort 12, $7.2M is allocated to companies with traditionally excluded CEOs either by gender or race/ethnicity.
  • Elemental's 12th cohort focuses on a range of societal challenges, including sustainable urbanization, building decarbonization, electric vehicle charging, last-mile logistics, recycling optimization and regenerative food production.

HONEYWELL IDENTIFIES TOP BUILDING TECHNOLOGY TRENDS FOR 2023

Retrieved on: 
Tuesday, January 10, 2023
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ATLANTA, Jan. 10, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) today released its predictions for emerging trends that will help shape building operations and technologies in 2023 and beyond.

Key Points: 
  • ATLANTA, Jan. 10, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) today released its predictions for emerging trends that will help shape building operations and technologies in 2023 and beyond.
  • As the Internet of Things continues to merge operational technology (OT) and information technology (IT) systems – and cyberattacks increase in frequency as well as sophistication iii – advanced AI/ML-enabled cybersecurity will become foundational to the design of digitalized building technology systems.
  • A greater focus on sustainability and cybersecurity will help shape building operations in 2023.
  • These trends collectively embody a common theme: Technology is rapidly becoming integral to every facet of building operations.

Smart energy startup Flair raises $7.6M Series A funding to expand their climate tech for the home and grid

Retrieved on: 
Thursday, September 8, 2022
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SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, today announced the closing of a $7.6M Series A funding round. The round was co-led by Active Impact Investments and Lowercarbon Capital, with participation from existing investors SOSV, Skyview, Peter Nagar and Resilience Capital Partners, as well as new investors Shell Ventures, Susquehanna Foundation and strategic participation from 3M Ventures, the venture capital arm of 3M.

Key Points: 
  • Flair's products tie heating and cooling to occupancy, reducing energy consumption in unused spaces
    "Building operations generate more than 25% of our global GHG emissions annually.
  • Flair turns all these machines into smart devices that save your bill and the grid.
  • This Series A funding will be used to expand their team, grow utility and distribution partnerships, while building next generation products and experiences.
  • The load flexibility provided by Flair's products is a step forward in decarbonizing the energy system while maintaining grid reliability and resiliency.

Vertical Bridge Achieves Carbon Neutrality for Third Consecutive Year

Retrieved on: 
Wednesday, August 10, 2022
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BOCA RATON, Fla., Aug. 10, 2022 /PRNewswire-PRWeb/ -- Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company") the largest private owner and operator of communications infrastructure in the United States, today announced that it has realized 100 percent carbon neutrality for the third consecutive year. The Company began a proactive review of its environmental footprint in 2020 which resulted in its initial CarbonNeutral® Certification that year and the subsequent renewal in 2021.

Key Points: 
  • Vertical Bridge is also innovating with its Custom Nanogrid Solution, which combines solar, wind turbine, and battery technologies to provide onsite power to its towers.
  • By finding innovative energy-saving solutions, Vertical Bridge and its mobile carrier tenants and partners benefit from utility cost savings.
  • In addition to colocation, Vertical Bridge offers build-to-suit, edge data centers and inbuilding wireless network solutions.
  • Vertical Bridge became the first tower company in the world to reach net-zero emissions, gaining CarbonNeutral certification in 2020.

Verizon has an extreme network for an extreme world

Retrieved on: 
Wednesday, March 16, 2022
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Verizons architects and engineers have designed and built a wireless network that stands up to the most extreme circumstances we call it our Extreme Network.

Key Points: 
  • Verizons architects and engineers have designed and built a wireless network that stands up to the most extreme circumstances we call it our Extreme Network.
  • We know our customers need us most in extreme circumstances, so weve designed and built our network with those specific circumstances in mind, said Kyle Malady, EVP and President of Global Networks and Technology.
  • And we run Emergency Operation Center drills throughout the year to ensure our team is ready and equipped to respond to emergencies.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021.