Carbon Upcycling raises $26M Series A led by BDC Capital and Climate Investment

Carbon Upcycling raises $26M Series A led by BDC Capital and Climate Investment

Carbon Upcycling Technologies, a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining, has closed a US$26 million Series A funding round co-led by BDC Capital’s Climate Tech Fund and Climate Investment.

The syndicate includes strong participation from existing financial investors, Clean Energy Ventures, its angel investor collective CEVG, Amplify Capital, and strategic investors, Oxy Low Carbon Ventures, CRH Ventures, and Cemex Ventures, which are all enhancing their financial support with commitments to strategically-relevant projects. 

Unlocking a New Future with Synthetic Biology

It’s no secret that we’re in a transformative time for biotechnology and bioinnovation. Today, scientists are unlocking new solutions that are better for both human health and environmental sustainability. These solutions include meat proteins that are no longer sourced from animals, textiles and dyes created from microbes, and new sources of nutrients, such as omega-3 sourced from microalgae. All of these new products are the results of developments in synthetic biology, a rising biotechnology approach to redesign and refabricate existing biological systems already found in nature into products that are better for the environment and people.

Can Impact Funds Support the Climate Transition of Heavy Emitting Industries?

The past few years have brought our planet into a new era of accelerated changes in climate. In 2022 alone, the physical weather conditions have caused global populations to face extremely strenuous conditions such as significant heatwaves in India and the UK, floods in Western China, and wildfires scorching across Canada and the U.S. The climate conditions have reached extremes that cannot be ignored and the push towards decarbonization and climate action is no longer a question of if, rather putting forward plans to determine when.

Low-Cost and More Sustainable Battery Production for Electric Vehicles and Grid Storage Enabled by Sylvatex’s Advanced New Cathode Manufacturing Process

Low-Cost and More Sustainable Battery Production for Electric Vehicles and Grid Storage Enabled by Sylvatex’s Advanced New Cathode Manufacturing Process

“Today’s method for producing cathodes is extremely costly and requires an incredible amount of resources. If we're to realize the clean energy transition, battery production must scale dramatically, and evolve into a more cost-effective and sustainable process”

moozoom: Why We Invested

moozoom: Why We Invested

MooZoom is an interactive and straightforward video-based SEL teaching platform for K-12 students. MooZoom created these videos in collaboration with researchers, psychologists, and teachers. The content adheres to school district curriculum and practice, making it useful for teachers. Rather than considering it as a routine learning exercise, the value of MooZoom is centered on its content, which engages users to build social and emotional abilities while having fun.