Bill Gates’ Breakthrough Energy has fueled Deep Sky Corp. with a $40 million investment to revolutionize carbon removal. Deep Sky, led by Frederic Lalonde, aims to transform the industry with its upcoming Alberta facility. Key players like Microsoft and the RBC have already purchased carbon credits, while Mission Zero Technologies joins the innovation pipeline. Backed by BMO, National Bank of Canada, Whitecap Venture Partners, Brightspark Ventures, and OMERS, Deep Sky is scaling for impact. Even the Quebec government and climate leaders like Mario Fernandez are on board. It’s a collective push for a cleaner future. 🌱 #CarbonCapture #ClimateTech #Sustainability https://lnkd.in/gD_7V5K9
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"Let's deploy things that actually are cheap enough and scalable enough and ready enough," like solar power, battery storage, EV charging stations, and other tech that's already proliferating, said Foley, who is the executive director of the climate-solutions nonprofit Project Drawdown.
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💡 What's up in the world of innovation? Here is our today's news roundup for you 👇🏻 📈 A new analysis by startup intelligence bureau Dealroom.co gives a snapshot of the Dutch tech investment ecosystem. Read more ➡️ https://lnkd.in/eTxGZwcK 💤 A new episode of our series #EverdAI is out; this week, it is all about what AI can do to improve your sleep. Read more ➡️ https://lnkd.in/enphCAv8 ⚡ If solar panels and wind turbines had not been switched off, the Netherlands could have saved 350 million cubic meters of gas in the second quarter of 2024, figures by climate policy platform Nationaal Klimaat Platform show. Read more ➡️ https://lnkd.in/eK54vY6H
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It's inspiring to see collaborations driving energy efficiency forward! 🌍 The partnership between Boston Consulting Group (BCG), with Christoph Schweizer at the helm, and Breakthrough Energy is a shining example. While I’m still forming my stance on climate change, I firmly believe that energy efficiency is crucial. Breakthrough Energy, founded by Bill Gates, is uniting the private, public, and philanthropic sectors worldwide to invest in climate solutions. Their mission? To find, fund, and scale technologies and businesses aiming for net-zero emissions and combating climate change. They’re focusing on innovative solutions in several key areas, from reducing greenhouse gas emissions in building construction and food production to transforming transportation, electricity generation, and heating/cooling systems. I see AI playing a pivotal role in enhancing energy efficiency. Through optimization, anomaly detection, and actionable insights, AI can automate and refine processes across industries, resulting in significant energy savings and environmental benefits. 🌱💡 What are your thoughts on energy efficiency? Let’s discuss! #Leadership #EnergyEfficiency #AI #InnovationConsulting #ClimateAction #BreakthroughEnergy #BCG #Consulting #TechForGood 🌍🤖🔋
It’s not every day that you get to share the stage with a visionary like Bill Gates to talk about climate innovation. Yesterday, Bill joined me and fellow CEOs from around the world, ahead of his Breakthrough Energy Summit in London. We discussed the most promising clean energy technologies, which industries and regions are leading the way, and how rapid scaling can be achieved in an economically viable way. I was encouraged that Bill - knowing the many practical challenges - still expressed optimism that we can make sustainable energy accessible for all, with a focus on sustainability as well as affordability and reliability. BCG has been a proud anchor partner of Breakthrough Energy Catalyst since 2021. Together, we will continue to find, fund, and scale technologies and businesses to help achieve net-zero emissions and combat climate change. #BESummit24 #BCGatBESummit
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London climate tech co, SatVu, has secured £10M funding to super charge its mission to provide accurate carbon emissions data: https://lnkd.in/gnyye-rZ #climatetech #sustainability #cleanenergy #innovation #funding #satellitetechnology #LondonTech
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🌟 Calling all Visionaries and Innovators! 🚀 🔮 What do you think is the most profitable and growing business in the future? Join the conversation! 🌿 🌱 Share your insights: Which industry do you believe holds the key to unprecedented growth? 🌞 And most importantly, why? 🤔 📈 Our prediction: The green energy sector is on the rise, driven by sustainability and innovation. Who do you think will lead the pack in the next 5 years? 🌍 🚗 Will Tesla continue its reign as the market leader with its groundbreaking electric vehicles and renewable energy solutions? 🌟 Share your thoughts below! #FutureBusiness #GreenEnergy #Tesla Elon Mask #JoinTheDiscussion #Business #Leadership #Technology #Sustainability #Innovation Greenpeace Bill Gates Bill & Melinda Gates Foundation BloombergNEF #FutureBusiness #GreenEnergy #RenewableEnergy #ClimateChange #CleanTech #Entrepreneurship Visionaries Club 🌟 The future is in our hands - let's shape it together! 💬💡
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"What We Create Today Shapes Tomorrow" We all strive to leave our mark on the world, but what truly matters is creating something that outlasts us—whether it's a business, a movement, or the values we pass on to the next generation. Legacy isn't about fame or recognition; it's about building something meaningful that continues to grow, inspire, and make a difference long after we're gone. These are the main steps we are taking across our company. TRANSITIONING TO GREEN FUELS AND RENEWABLE ENERGY: Transitioning to green fuels and renewable energy sources isn't just a strategic decision—it's a moral imperative to protect our planet. EMBRACING INNOVATION: Constantly enhancing our products and processes to deliver value responsibly and sustainably. CREATING OPPORTUNITIES THAT UPLIFT OTHERS: Investing in people, ideas, and initiatives that empower future generations to thrive. It's a powerful reminder to focus on what truly matters: the impact we leave behind. What does creating a legacy mean to you? What steps should we take to shape the future today? 🌟 #Legacy #Inspiration #Leadership #Impact #Growth
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🌳🥂Cheers to a successful 2024 — and to an even brighter 2025! 🌳🥂 This year was a turning point for EnClim as we made remarkable strides in advancing smart net-zero strategies for the energy and climate sector. We contributed to global climate change negotiations, provided expert testimony in high-level arbitration cases, led cutting-edge modeling in the Brazilian natural gas market, while conducting academic research on the history of energy economic thought. With new partners João Amorim and Hugo Borges EnClim joining our team, we strengthened strategic alliances, expanded collaborations with world-renowned institutions, and began inspiring the next generation of talent. Looking ahead to 2025, we look forward to providing independent, objective thought leadership in the energy transition, helping our clients turn challenges into opportunities. Here’s to accelerating the journey to net-zero greenhouse gas emissions in 2025! #SmartNetZero #2025 #GoEnClim
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The World Future Energy Summit serves as a global think tank, driven by innovative ideas, pioneering minds, and groundbreaking insights. Industry leaders, problem solvers, and cutting-edge solutions converge at this summit to pave the way for a sustainable future blueprint. #FutureEnergy #Sustainability
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Q1 Climate Tech Funding Update (from Net Zero Insights): - Uptick in funding to put Q1 on par with the biggest quarters in late 21 / early 22 - This is due to an increase in large rounds, despite falling overall deal count - Financing from rounds over $1bn in Q1 24 exceeded funding from these giga rounds in any previous FULL year - There was a much larger participation from debt in this financing https://lnkd.in/eVR7Anky
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I was a bit late to this because of travel, but the Q1 market report from Net Zero Insights has some fascinating takeaways. The pace of deal making has slowed, as has been widely observed in the market. But there are unmistakable signs of maturation. There is now meaningful amounts of non-dilutive financing being deployed to climate tech, pushing overall financing back to the peak, even though equity participation is lower. Also, Europe is kicking ass - outliers in Swedish champions H2 Green Steel and Northvolt of course, but it goes beyond that. You have to go down to number 7 in the top cities to get to one in the US. On the equity funding, managers we've been speaking to have been indicating things are picking up on the deal side. A lot of companies that had extended their runway via unpriced rounds in late '22 / early '23 are now coming back to market properly. Also, as noted by Sightline Climate (CTVC) recently, there is plenty of dry powder out there. The public announcement for rounds normally lags by a couple of months, so will be interesting to see if this comes through in the data next quarter. Finally, it's cool to see our underlying portfolio company Koloma (via Evok Innovations) being given a shout-out for their big Series B announced earlier this year. We are PUMPED about that company.
Q1 Climate Tech Funding Update (from Net Zero Insights): - Uptick in funding to put Q1 on par with the biggest quarters in late 21 / early 22 - This is due to an increase in large rounds, despite falling overall deal count - Financing from rounds over $1bn in Q1 24 exceeded funding from these giga rounds in any previous FULL year - There was a much larger participation from debt in this financing https://lnkd.in/eVR7Anky
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