TPG Rise Climate and GIC have signed an agreement to acquire Techem Group for approximately €6.7 billion from Partners Group, CDPQ, and Ontario Teachers Pension Plan. The transaction is expected to close in the first half of 2025, subject to regulatory approvals. Techem, founded in 1952, operates as a digital energy services platform in 18…
The funding announced today involves a $55 million commitment for reforestation in Latin America, specifically in the biodiverse Cerrado biome in Brazil. The investment will focus on conservation, restoration, and planting of trees on deforested and degraded properties, with the goal of integrating commercial production with habitat protection and restoration. BTG Pactual Timberland Investment Group…
Carbon Direct has been named as a strategic adviser to 1PointFive for its South Texas DAC Hub application, which was recently awarded a Phase 2 grant under the Bipartisan Infrastructure Lawfunded Regional Direct Air Capture (DAC) Hubs program. The collaboration aims to provide community benefits planning, life cycle assessments, and stakeholder engagement for the South…
Elemental Impact, formerly known as Elemental Excelerator, has announced the opening of applications for projects to receive investments through a $100M funding program from the US Environmental Protection Agencys (EPA) Greenhouse Gas Reduction Fund. The funding will support entrepreneurs and climate technologies ready for scale, focusing on delivering greenhouse gas emissions reductions and local community…
Leonid Capital Partners has provided a $13MM term loan to Aclima, a San Franciscobased climatetech company known for its software and hardware solution for hyperlocal measurement and analysis of air pollution, toxics, and greenhouse gases (GHG). Aclimas system monitors pollutants using patented hardware sensors, compares data to EPA monitors, and offers insights on pollutant levels….
Oakland based unspun, a leader in 3D weaving technology, has announced $32M in Series B funding. The funding, led by DCVC and joined by Lowercarbon Capital, E12, Decathlon, and SOSV, will support the scaling of unspuns innovative 3D weaving technology, Vega™. Vega™ aims to create a lowinventory, nearshore, and automated supply chain for woven products,…
Buoyant Ventures, an earlystage venture fund investing in digital solutions to climate change, has released its 2023 Impact Report showcasing its commitment to funding digitalfocused mitigation and adaptation solutions for climate change challenges. The firm manages $81 million and focuses on seed and Series A opportunities in various sectors including energy, mobility, agriculture, water, circular…
GAMAYA and Terraview have merged their AIpowered platforms to address decarbonization and water efficiency in sugarcane and grape crops, with plans to expand into additional value chains. The companies will integrate their AgTech platforms to offer sustainability and climateresiliency solutions for global food production. The funding will be used to further develop comprehensive agronomic intelligence…
Wicked Kitchen, a plantbased global food brand known for its chefcreated foods, has recently become a part of the Ahimsa Companies. The mission of Ahimsa Companies is to eliminate animals from the global food system, and the addition of Wicked Kitchen aligns with this goal. The move aims to strengthen Wicked Kitchens position in serving…
Applied Underwriters has strategically sold its Sarasotabased Centauri Insurance to Lilypad Insurance, a subsidiary of Arbol Inc., a climate risk solutions provider. The transaction is subject to regulatory approval and is expected to close within the next 45 days. Centauri Insurance, with companies domiciled in Florida and Louisiana, will now be consolidated with Lilypad Insurance…