July was a powerhouse month for our portfolio companies, achieving incredible milestones in climate innovation! 🌍✨ Check out our roundup of their amazing accomplishments! 🎉🌟 What standout moments did you follow this month? Share in the comments!
🌱 Innovations and Partnerships
* Mythos AI has teamed up with Corktown's Newlab tech hub to launch an autonomous pilot project designed to revolutionize shipping with sustainable solutions. By developing cutting-edge autonomous technology, Mythos is on a mission to reduce carbon emissions and create a more efficient, eco-friendly future for the shipping industry.
* Energy Dome is partnering with Alliant Energy to construct the first grid-tied compressed CO2 Long-Duration Energy Storage (LDES) system at the Columbia Energy Center. This pioneering facility will provide 18 MW of power for at least 10 hours, setting a new benchmark in U.S. energy storage.
📈 Growth
* Fervo Energy has secured its largest contract yet—a 15-year deal to supply 320 MW of climate-friendly power to Southern California Edison, a leading utility company.
* Vesta, PBC has deployed 8,200 metric tons of carbon-removing olivine sand off Duck, NC, marking one of the largest operational permanent carbon removal pilot projects globally.
* Applied Carbon has been able to obtain Series A funding of $21.5 million! Allowing them to further their mission in developing farm robots that converts crop residue into biochar, a substance that captures CO2.
--
1moMore and more progress ...