Summer 2023: Charm Industrial Receives $53MM from Frontier & More
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Avalanche Energy, a company creating a fusion reactor you can hold in your hands, was highlighted in the Wall Street Journal’s article about investors’ increased interest in fusion start-ups.
Facilities Drive covered Carbon Reform, a company that's removing CO2 from HVAC systems, and its pilot testing at M Davis & Sons' pipe and metal fabrication in Kennett Square, Pennsylvania. To learn more about Carbon Reform, watch the Viewpoint piece on them.
Charm Industrial – the company sequestering carbon emissions via bio-oil – had their $53MM deal with Frontier featured in CNBC and Canary Media. Charm Industrial also signed a deal with JPMorgan to remove and store the equivalent of approximately 28,500 metric tons of carbon dioxide over five years and announced its $100MM Series B fundraise.
Time’s article about the climate tax break quoted Gradient's CEO, Vince Romanin, about the importance of climate solutions that prioritize aiding vulnerable individuals who are already affected by climate change. Gradient is building a climate-friendly hybrid heating and cooling unit to push the building sector toward zero carbon.
The Market Herald covered Lilac Solutions, the company transforming lithium extraction and enabling low-cost, environmentally-friendly lithium, and Lake Resources' milestone achievement of producing 2,500 kilograms of lithium carbonate equivalent (LCE) at its Kachi project in Argentina.
Low-carbon cement company Sublime Systems is one of the 12 winners of the 2023 BNEF Pioneers Award, given by BloombergNEF to early-stage companies driving the world towards a net-zero global economy by introducing innovative technologies and products. They were also named in Fast Company’s “19 Companies Actively Working to Address the Climate Crisis” and Sublime’s CEO, Leah Ellis, was profiled in the Boston Globe.
Via Separations, which electrifies energy-intensive processes for industrial chemical production, announced a collaboration with International Paper aimed at reducing the energy intensity and carbon emissions of the kraft pulping process.This will be Via’s first full-scale deployment of its industrial decarbonization technology
Wright Electric, the company bringing zero-emissions flight down to the same cost as running a fossil-fueled fleet, announced a milestone of 1 Megawatt (1,300 horsepower) with their electric motor-generator. Wright also signed a Space Act Agreement with NASA to conduct altitude testing at its NASA Electric Aircraft Testbed later this year.