#135 | Circular economy and ESG learning tech
Understory newsletter on climate and sustainability tech
Last week was a quiet week due to the Thanksgiving holiday in the U.S.. We expect startup activity to start wrapping up as we head into the December holiday season. At Understory, we are excited to end the year by partnering with gener8tor’s sustainability accelerator program. We will feature the six companies in its Fall 2022 cohort at our ‘Startups Driving Sustainability’ Showcase. Join us on December 6th to learn about energy efficiency, carbon removal, waste management, circularity, ecology, and more.
📚 Worth Reading
Mycocycle is a great example of the last phase of the circular economy - regeneration. The company regenerates waste into new materials to close the loop on the process for these materials. Inspired by nature, innovations like this will help transform our economy from a linear to a circular approach.
Worth reading: Mycocycle: Waste transformation using fungi
In Europe, financial advisors are now required to advise customers on ESG preferences due to regulation. Banks are now required to disclose climate-related risks in investments, direct their clients towards sustainable choices, and help prevent greenwashing. But many wealth managers and financial advisors don’t have the basic knowledge to successfully advise their clients. One way to upskill employees on these topics is through training and e-learning content provided by e-Mission.
Worth Reading: ESG Education with e-Mission
🚀 Funding and Congrats!
Female Invest acquired Gaia Investments, which focuses on investing in companies with sustainability goals.
Swell Energy raised $120 million in funding. The company provides renewable energy management and smart grid solutions.
Fairmat, which recycles carbon fiber composite into new materials, raised a $35 million Series A round.
💡 Startup Spotlight
Infinium - decarbonizing air transport by producing ultra low carbon electrofuels.
🌱 Startup Resources
Avery Dennison is looking to run paid pilots with 7-10 startups starting in May 2023 through their corporate pilot accelerator program, AD Stretch. Apply here.
Apply by Dec 16th: Newlab's Founder Fellowship
👀 Quick Hits
The U.S. announced the Energy Efficiency and Conservation Block (EECBG) Program which will fund community-based clean energy initiatives.
A deep look at attribution science and how it might be used in global climate initiatives.
Fashion brands including H&M, Inditex, and Kering announced a collaborative initiative to source sustainable, low-carbon alternative fibers.
⚙️ Jobs
Find and share your open positions on the Understory Slack channel.
🆕 Analyst, Life Cycle Assessment at ClimeCo
🆕 Communications Lead at Brimstone
🆕 Sustainability Analyst at Interface
🆕 Vice President, Sustainability Solutions at US Venture, Inc.
🆕 Vice President, Sustainability at Sysco
🆕 Director of Environmental Business at SAGANA
🆕 Manager of Sustainability & Strategy Execution at Ericsson
Investment Associate at Energize Ventures
Senior Product Marketing Manager at Sealed
Multiple positions at UtilityAPI
CoFounder at CapCO2 Solutions
Director, ESG at Warner Music Group
Sustainability Manager at Auria
Director of Communications at the Ray C. Anderson Foundation
Multiple openings at Climate X
Director of Product Management at Derapi
Chief of Staff at Arnie
🗓 Events
December 6: Understory x gener8tor 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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