Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M
Commonwealth Fusion Systems has raised nearly $3 billion to commercialize its fusion power plant. It hopes to send electricity to the grid in the early 2030s.
US manufacturing investment stumbles as clean tech cancellations pile up
Companies canceled $5 billion worth of clean tech manufacturing projects in the U.S. in Q2, mirroring a pullback in the broader manufacturing sector.
Get ready, EV owners: Here come the dongles
The transition from CCS to NACS will unlock thousands more fast chargers for many EV drivers, but they’ll need to know their adapters to get the most out of it.
Terraton wants to be the McDonald’s of biochar
Terraton sees promise in biochar, but the technology has struggled to scale. The startup thinks a franchise model could be what unlocks biochar’s potential.
Hyundai is working with a startup on plant-based leather that smells like the real thing
Uncaged Innovations is working with Hyundai to develop alternatives to leather with a fraction of the environmental impact.
Not so fast: German court says Apple can’t call Watch carbon neutral
Apple’s carbon neutral claims are undermined by the short-term nature of carbon credits used to support them, the court said.
How one AI startup is helping rice farmers battle climate change
Mitti Labs is working with The Nature Conservancy to expand the use of climate friendly rice farming practices in India. The startup uses its AI to verify reductions in methane emissions.
Frontier buys $31M worth of antacids for the ocean
The deal will require Planetary to remove 115,000 metric tons of carbon by increasing the alkalinity of water flowing into the sea.
Yottar wants to help energy users find capacity on the electrical grid
The startup maps utility assets and collects data on electricity demand, which helps customers find locations ripe for upgrades or new equipment.
Aspiration co-founder to plead guilty to $248M fraud scheme
Joseph Sanberg is accused of falsely inflating revenue and fabricating a letter from Aspiration’s audit committee to obtain loans, which the startup ultimately defaulted on.