#83 | Breaking down global warming investments + community feedback survey
Understory newsletter on climate and sustainability tech
Hello! It’s a short week for the Understory Team, so we will keep our reminders quick.
We need your feedback about our community and platform. Please take this 3 minute survey.
Our last Startup Showcase of the year is on December 1st. REGISTER NOW to hear from Mercedes Benz USA, Siklus, Sesame Solar, and Choose Paris Region.
If you are in Atlanta, join us for an informal meetup of the Climate & Sustainability Tech community.
🎥 Worth Watching
The Wall Street Journal breaks down how much investment is needed to reduce global warming - and the number is staggering. Check out this video to see where the money needs to go and where it can potentially come from.
🚀 Funding and Congrats!
Monarch Tractor, (a recent #StartupSpotlight company) which produces autonomous EV tractors, raised a $61 million Series B round.
Kettle, climate intelligence for reinsurance (also a former #StartupSpotlight), raised a $25 million Series A round.
Klir, a compliance startup for water utilities, raised €14.1 million Series A round led by Insight Partners.
noissue, a sustainable packaging platform, raised a $10 million Series A round. Check out their Understory Podcast episode to learn more.
Hydrosat, which uses geospatial data to produce ground temperature analytics, raised $10 million in seed funding.
A new platform that measures and reports carbon and sustainability practices Sustain.Life raised $7 million in pre-seed funding.
DiviGas raised a $3.6 million seed round and will further expand its technology that makes the hydrogen production industry more green.
💡 Startup Spotlight
Zume is a manufacturer and distributor of compostable, plant fiber-based products that replace single-use plastics.
🌱 Startup Resources
Founders Gym is now accepting applications for its FG Fundraising Cohort 18, which teaches underrepresented founders how to raise capital to scale their tech startups.
The ChangeNOW 2022 conference is accepting applications for startups to present at the event in May.
Allia and EIT Climate KIC is seeking UK ClimateTech startups to join their next cohort.
gener8tor is accepting applications for its Sustainability and Climate Tech startup accelerator program.
👀 Quick Hits
The U.S. EPA announced a national recycling strategy with initiatives aimed at recycling at least half of all municipal waste by 2030.
A new study compares the emissions and cost of green hydrogen (produced by renewable energy) versus blue hydrogen (produced by natural gas).
Elon Musk awarded 23 student teams working on carbon removal technologies as the first winners of the Carbon Removal XPrize.
🎧 Podcast
Ryan Jeffery of gener8tor: accelerating climate innovation
Zachary Witman of GrowSquares: transforming the home gardening experience
Alex Diamond of Descartes Labs: sustainability analysis at planetary scale
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.
🆕 Data Scientist, Sr. Full-Stack Engineer, and more at GrowSquares
🆕 Global Head ESG Transformation at CBRE
🆕 Business Development Associate and Data Scientist at Seqana
🆕 Sr Manager / Director - Food Product R&D at New Age Meats
🆕 Sustainability Strategy Leader at Microsoft
🆕 Sr Program Manager, EU Circular Economy at Amazon
🆕 Scope 3 and Circular Economy Manager at Jabil
Multiple roles at Plan A
Program Manager, Inclusive Circular Economy at PYXERA
Growth Marketing Manager - Community Solar at Nelnet
Logistics Manager at Sesame Solar
Director of Sustainability Education at Salesforce
Sustainability Accelerator Entrepreneur in Residence at Techstars
Customer Sustainability, Senior Director at Rockwell Automation
Manager Strategic Relationships - Circular Economy at TerraCycle
Senior Director, Center for the Circular Economy at Closed Loop Partners
Analyst / Senior Analyst at Amplify Capital
Multiple VC roles at Revaia
Regional Sustainability Value Practice Lead at Google
Project Leader/Principal, Climate & Sustainability at BCG
Climate and Net Zero Specialist at Citibank
Sustainability Tech Investment Principal at G-Force
Software Engineer at Joulea
🗓 Events
December 1: Startups Driving Sustainability - December Showcase (REGISTER NOW!)
December 1: Climate and Sustainability Tech Meetup in ATLANTA! (REGISTER NOW!)
Do you have any events to share? Post them in our Understory Slack community.
📧 Stay in Touch!
You don’t have to wait for our weekly newsletter for all the latest content. Join us on Slack or follow along on LinkedIn, Instagram, and Twitter to see real-time updates.