#118 | Climate Tech Deals and Readings
📚 Worth Reading
ESG investing in need of a rethink (Economist)
Europe to Put Key Plank of ESG Rulebook on Hold Amid Infighting (Bloomberg)
Climate Bill ‘Transformative’ for Auto and Energy Industries (NYTimes)
Beyond paper and plastic, the quest for the perfect straw continues (NBC)
Building decarbonization: How electric heat pumps could help reduce emissions today and going forward (McKinsey)
🚀 Funding and Congrats!
Core Biogenesis, a France-based biotechnology company making al plant-based bioproduction platform, completed a $10.5m Series A financing.
Topl, an Austin-based developer of a blockchain built to drive impact initiatives and sustainable transformation for companies across the world, raised $15m in Series A financing. Read Understory’s profile of the company here.
Bandit (fka Conscious Cultures), a Philadelphia-based provider of plant-based foods, raised Seed financing.
Altruistiq, a London-based carbon reporting company, raised over $15m in financing.
ZeroAvia, a UK-based leader in hydrogen-electric, zero-emission aviation, raised $30m in financing.
FlexBase International, a Singapore-based company focused on climate change company, raised new financing.
Sympower, an Amsterdam-based clean energy system provider, raised over $22m in financing.
💡 Startup Spotlight
SupplyShift - Know Your Supply Chain and Know Your Risk
Franz Hochstrasser: funding the green transition
Michael Walton: creating sustainable communities
Brian Graff: beautifying solar
Find and share your open positions on the Understory Slack channel.
🆕 Head of Strategy at Returnity
🆕 Director of People at Remora
🆕 VP of Product at Higher Steaks
🆕 Global Societal Impact & Sustainability Leader, National Transformation Partnerships at Microsoft
🆕 Manager/Senior Manager, Circular Economy Supply Chain at Accenture
🆕 Lead, Future of Consumption at World Economic Forum
Marketing Coordinator at Retaaza
Operations Coordinator at Retaaza
Circular Economy Manager at Nike
Online Sustainability Manager at Estee Lauder Companies
Recycling & Waste Diversion Analyst at Cox Enterprises
Head of Sustainability and Corporate Innovation Strategy at Delta
Senior Manager, Livestock Sector, EDF+Business at the Environmental Defense Fund
Sustainability Director, Net Zero Reduction Strategy at Meta
Senior Mechanical Engineer at Charm Industrial
Senior Analyst Sustainability and ESG at JetBlue
EV Sales Advisor at Spring Free EV
Director of Utility Sales at Bloc Power
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