Tag Archives: climate tech

Group14’s high performance battery technology gets super charged with $400M investment

Group14 Technologies Chief Technology Officer Rick Costantino (left) and CEO Rick Luebbe inside of the company’s commercial-scale manufacturing factory in Woodinville. (Group14 / Talia Green Photo) Woodinville, Wash.-based Group14 Technologies has raised $400 million in venture capital that will supercharge the commercialization of its battery technology. The Series C round was led by Porsche AG,…

Startup funding news: Inflection.io, Xemelgo, Joule Case, others raise fresh cash

The Inflection.io team, including co-founders Dave Rigotti (front, left), Vic Davis (fourth from left), and Aaron Bird (fifth from left). (Inflection.io Photo) Here’s our latest rundown on recent startup investment news in the Pacific Northwest. Inflection.io New funding: Inflection.io, a Seattle marketing automation startup, officially came out of stealth and announced a $5 million round…

Norwegian maritime battery company says ‘ja’ to new manufacturing facility in Washington state

Elliott Smith (left), director of real estate for the Port of Bellingham, shakes hands with Corvus Energy CEO Geir Bjørkeli at the Nordic Innovation Summit in Seattle. Corvus announced that it is opening a battery manufacturing facility in the Washington city of Bellingham later this year. (GeekWire Photo / John Cook) Corvus Energy, a Norway-based…

More funding for fusion: Seattle startup lands $160M and reveals technology breakthrough

Zap Energy’s co-founders, left to right: Chief Technology Officer Brian A Nelson, President Benj Conway, and Chief Science Officer Uri Shumlak. (Zap Energy Photo) The news: Seattle-area startup Zap Energy is edging closer to the promise of fusion power. The company Wednesday announced two milestones: its newest prototype device has created plasma, a superheated gas…

Oregon energy storage company Powin lands $135M investment to fuel growth globally

Geoff Brown, Powin chief executive. (LinkedIn Photo) New money: Powin, an energy storage company based in Oregon, has received a $135 million investment to continue growing its international business. The company is the world’s fifth largest battery energy storage system integrator, according to a trade journal. The round was led by GIC, Singapore’s Sovereign Wealth…

BC’s green construction unicorn Nexii raises $35M, opens U.S. manufacturing site

A crane moves a section of a Starbucks cafe being built by Vancouver, B.C.-based Nexii. The climate-tech company constructs energy-efficient buildings made from less carbon-intensive materials than traditional structures. (Nexii Photo) New funding: Nexii — a Vancouver, B.C. startup with the distinction of being Canada’s fastest company to ascend from launch to unicorn status —…

Online media vets launch The Cool Down, a platform aspiring to be America’s go-to climate site

From left: The Cool Down co-founders Dave Finocchio, CEO, and Chief Content Officer Anna Robertson. (TCD Photos) Dave Finocchio, co-founder and CEO of the popular sports media outlet Bleacher Report, and Anna Robertson, an ABC and Yahoo News executive, were concerned about climate change. But when California blazes repeatedly engulfed their communities with smoke and…

Amazon’s carbon footprint grew again – up 18% in 2021 – despite ongoing efforts to go green

Rivian, a U.S. electric vehicle manufacturer, is producing 100,000 delivery vehicles for Amazon by 2030. (Amazon Photo / Jordan Stead) Amazon’s carbon footprint grew 18% last year — the third straight year of increased emissions since the company started sharing the information. The Seattle-area company created the international Climate Pledge, vowing to reach carbon neutrality…

Inflation Reduction Act could boost climate efforts at Amazon, Microsoft — and increase their taxes

Amazon secured the naming rights for Seattle’s rebuilt KeyArena, dubbing it the Climate Pledge Arena. The company’s investments helped make it the first net-zero carbon certified arena in the world. Among its enviro features is a living wall. (GeekWire Photo / Kurt Schlosser)) President Joe Biden is expected to sign legislation Tuesday that includes the…

Inside Bill Gates’ multi-faceted org that wants to help save the world from climate destruction

The Pacific Northwest was hit by a series of rainstorms in November 2021, leading to widespread flooding in rural and urban areas that included the city of Bellingham, Wash. (Photo via the city of Bellingham, used with permission) It started with a November 2015 announcement by Microsoft co-founder Bill Gates along with Amazon’s Jeff Bezos,…