#128 | Recycling tech + register for November Showcase
Understory newsletter on climate and sustainability tech
Happy October! We are gearing up for our next ‘Startups Driving Sustainability’ Showcase on November 2nd. Key topics will include climate risk management, carbon capture, water tech and sustainable fashion. We are excited to welcome the startup founders from Climate X, Capture6, 4Earth, and Vertical Activewear.
📚 Worth Reading
Recycling can be tough. It's hard to understand what can be recycled and it gets more complicated depending on your municipality. Unfortunately, when items are missorted it leads to contamination and more trash in landfills.
ECGO has developed a process to make identifying and disposing of recyclable materials easier. Check out our latest profile to learn more about how their mobile app helps both organizations and individuals minimize their waste footprints.
Article: Recycle Right with ECGO
🚀 Funding and Congrats!
Brookfield Energy purchased two renewable energy companies for $2 billion: Standard Solar and Scout Clean Energy.
Mobile energy storage company Moxion Power raised a $100 million Series B round.
Sitetracker, an operations software platform for renewable energy and telecom infrastructure, raised a $66 million Series D round plus $30 million in debt financing.
OneD, an EV battery company, raised C$25 million in funding with GM Ventures participating.
EverestLabs raised a $16.1 million Series A round. The company uses AI to improve recycling sorting.
Alternative protein company Livin Farms raised a $5.8 million Series A round.
💡 Startup Spotlight
Decomer Technology - creates water soluble packaging solutions.
🌱 Startup Resources
Apply by October 4th: Elemental Excelerator’s Innovation Challenges
Apply by October 21st: Breakthrough Energy’s Fellows Program
👀 Quick Hits
New York requires new car sales to be EV only by 2035, following in the footsteps of California.
Renewable energy will cost $62 trillion but will payback in 6 years.
Is Climate Tech recession proof? The next five years could be great for the sector.
🎧 Podcast
Jorge Bonilla: sustainable structures with bamboo
Hazel Horvath: empowering sustainable transformation
Marcelo Lando: developing renewables in Latin America
The Understory Podcast is also available on SoundCloud, Apple Podcasts, Amazon Music, and Google Podcasts.
⚙️ Jobs
Find and share your open positions on the Understory Slack channel.
🆕 Chief of Staff at Arnie
🆕 Director - Sustainability at MetLife
🆕 Director of Sustainability at Nisolo
🆕 Director Sustainability Policy & Governance at Target
🆕 Director, Carbon Markets Policy and Governance at World Wildlife Fund
🆕 Director, Global Decarbonization Strategy and Program Management at Google
🆕 Carbon Partnerships Program Manager at Schneider Electric
🆕 Director, Sustainable Built Environment at Harvard University
Assistant Director - GSD Office of Sustainability at the City of Detroit
Project Leader, Climate & Sustainability at BCG
CEO & Co-Founder [Proptech] at Struck Studio
Director, ESG & Sustainability at Elastic
Global Climate Strategy Director at Yum! Brands
🗓 Events
November 2: Understory’s Startups Driving Sustainability - November Showcase
December 6: Understory’s Startups Driving Sustainability - December Showcase
Do you have any events to share? Post them in our Understory Slack community.
📧 Stay in Touch!
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