Spring 2023: Lilac Solutions Awarded $50MM Grant from DOE’s Office of Manufacturing and Energy Supply Chains & More
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Avalanche Energy, a company creating a fusion reactor you can hold in your hands, was highlighted as a fusion startup worth noting in GreenBiz.
Jo Norris, CEO and Co-Founder of Carbon Reform joined two other women CEOs to discuss business, politics, and the economy with Simone Sanders-Townsend on MSNBC. Carbon Reform is developing modular carbon capture systems for commercial buildings to reduce CO2 and contaminant levels internally while saving energy costs.
Charm Industrial’s work to sequester carbon emissions via bio-oil was highlighted in a Utility Dive op-ed authored by Emma Gibbs, McKinsey & Co.'s London office partner, and Mark Patel, senior partner, and Giulia Siccardo, partner of McKinsey & Co.'s San Francisco office.
Clean Crop Technologies, which uses high-voltage plasma technology to increase yields and improve food safety while reducing food waste, recently released this 4-minute video about their work. They also hosted the Mayor of Holyoke and representatives from the state government and local Office of Planning and Economic Development to tour their facilities. Co-Founder and CMO Dan White was also featured on Startup Success to speak to hardware startups' critical challenges.
Gradient, the company building a climate-friendly window A/C unit, announced their $18MM Series A round, covered by Axios. Gradient was also featured in Bloomberg News.
Funga, the company optimizing the microbiome of tree roots to accelerate growth and storing carbon in wood and soil, announced the close of a $4MM USD seed funding round led by Azolla Ventures on March 15th. Funga was also recently featured in Inverse's “carbon removal x biodiversity” collaborative approach.
Lilac Solutions, which is scaling lithium supply for the electric era, and its partner Lake Resources have achieved several critical milestones for Project Kachi, as Proactive Investors and Mining Weekly covered. In addition, Lilac Solutions was selected for the U.S. Department of Energy's Office of Manufacturing and Energy Supply Chains and Office of Energy Efficiency and Renewable Energy's $50MM grant award to advance domestic lithium production, as reported by Northern Nevada Business Weekly.
My Climate Journey highlighted and spoke to Sarah Richardson, CEO and co-founder of MicroByre, which uses synthetic biology to replace petro-feedstocks in biomanufacturing, for their “Startup Series.”
Noon Energy, the ultra-low-cost, long-duration, energy-dense battery, raised $28MM for long-duration storage, covered in Canary Media, TechCrunch, GreenBiz, and Forbes.
Low-carbon cement company Sublime Systems closed their $40MM Series A, covered in ImpactAlpha, MIT Technology Review, and Yahoo! Finance. You can catch up with Sublime in the media by reading their profile in TreeHugger or listening to co-founder and CEO Dr. Leah Ellis discuss how outsiders who apply cross-functional learnings to big problems can tackle climate solutions on My Climate Journey.
Twelve, a company replacing the use of petrochemicals in everyday products with CO2, renewable energy, and water, was profiled in Politico.
Tynt Technologies, developing smart tinting windows for the residential market, was named one of Colorado Inno’s 23 Startups to Watch in 2023.