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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

German battery recycling startup Cylib leapt at the opportunity, raising a total of €11.6 Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Climate change is a problem important and pressing enough that investors have begun to grasp the opportunities that arise when trying to solve it. Now, they’ve started to cast their nets wider for other, adjacent opportunities. “There are a number of opportunities for increasing the ocean’s ability to store carbon. .”

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

in 2035 and France in 2040. Norway will end sales of fossil fuel cars and light commercial vehicles by 2025. The Netherlands, Ireland, Sweden and Slovenia will follow suit with passenger cars in 2030, as will Denmark and the U.K.

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Salty, subterranean water could relieve world’s lithium shortage

TechCrunch

Spotting an opportunity, startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new lithium extraction processes that are more efficient and potentially better for the planet. By 2040, the International Energy Agency expects lithium demand to be 42 times higher than it is today.

energy 91
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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The Murphy Administration has taken significant steps to meet the ongoing challenges of climate change and has set several clean energy targets, including 100 percent clean electricity by 2035,11 gigawatts of offshore wind power by 2040, and 50 percent economy-wide greenhouse gas emissions reduction by 2030.

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Female-founded climate and construction tech startup backed by Mark Cuban

American Entrepreneurship

This has presented a great opportunity to Kind Designs. Without intervention, the United States could be on track to destroy over 50,000 miles of marine habitat by 2040 1 “The investment decision was swift and resolute,” comments Anthropocene Ventures’ Managing Partner, Matthew McGraw.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.” With these grants, we are helping ensure equal opportunities for these sustainable careers are available to all workers in our state,” said New Jersey Department of Labor Commissioner Robert Asaro-Angelo.

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