WORKWEEK

The past ~month has been a busy one for this climate tech vertical, including: Enhanced visibility into billions of $s on the demand side Stripe led the way via a $925M vehicle to make advanced market commitments for carbon removal purchases Several noteworthy ‘individual’ carbon removal purchases, e.g., Airbus purchased up to 400,000 tonnes of removals from 1PointFive. In the…

Everyday electronic gadgets like your phone, headphones, and smart watch are powered by lithium-ion batteries charged with electricity. Even if we manufacture trillions of them however, these batteries won’t be able to carry the entire load of electrifying the global economy however. Whether it’s large scale energy storage or small, different systems are needed. Many…

Stripe changed the payments industry. Now, they’re going after carbon removal.   Less than a week ago we covered a $640M raise for Climeworks, the largest ever for a Direct Air Capture (“DAC”) company. I figured that’d be a capstone on a torrid start to the year for a while, a new high watermark for fundraising /…