Winter 2022: Carbon Reform’s Founders Named in Forbes’ Top 30 Under 30 & More
See the latest highlights from Prime's portfolio companies. To find out more about our entire portfolio, visit investments page.
Catch the latest coverage of Avalanche Energy – a company creating a fusion reactor you can hold in your hands – in Axios, Geekwire, and IEEE.
Azolla Ventures, a new fund created by Prime, recently invested in Carbon Reform, leading the $3MM seed round with participation from Virya LLC, Revolutions’ Rise of the Rest Seed Fund, Plug and Play Ventures, and Gaingels. Jo Norris and Nick Martin, the company co-founders, were recently named to Forbes’ Top 30 Under 30. The company develops modular carbon capture systems for commercial buildings to reduce CO2 and contaminant levels internally, while saving energy costs.
Axios covered Charm Industrial’s work to sequester carbon emissions via bio-oil (paywall).
Gradient, the company building a climate-friendly window A/C unit, is one of TIME’s best inventions of 2022. They also came in second at VERGE22’s Accelerate finals.
MicroByre, which uses synthetic biology to replace petro-feedstocks in biomanufacturing, won the Data Science Laureate prize at The Tech Interactive, through their Tech for Global Good program (also featured in The Mercury News).
Leah Ellis, co-founder and CEO of low-carbon cement company Sublime Systems joined Canary Media’s Catalyst podcast to talk about decarbonizing one part of heavy industry. Sublime was also recently featured in Bloomberg Green and the MIT Technology Review.
Twelve, a company replacing the use of petrochemicals in everyday products with CO2, renewable energy, and water, was also named to TIME’s best inventions of 2022 list.
Tyler Hernandez and Michael Strand, co-founders of Tynt Technologies, were named to Forbes’ 30 Under 30 in the Energy category. Tynt is developing smart tinting windows for the residential market.
MIT News profiled Verdox, an electric carbon capture and removal company.
The U.S. Department of Energy awarded funding to Quidnet Energy and Via Separations ($10MM and $9.75MM respectively) via the SCALEUP program, led by DOE’s Advanced Research Projects Agency-Energy (ARPA-E). Quidnet will scale its Geomechanical Pumped Storage to a commercial system, and Via Separations will adapt its technology for use in additional industries. The awards were covered in Utility Dive, Innovation Map, and more.