Small business carbon footprint measurement startup NetNada has raised $200,000 in Seed funding from Skalata Ventures to make reporting easier and more affordable for SMEs. The backing from Paul Little and Darrell Wade’s Melbourne VC comes amid a shift in focus from bi-annual cohorts to now invest in up to 5 early-stage companies per month, on… Read more »
Ammonia is the world’s most important fertiliser, improving crop yields to feed the planet, but producing it is incredibly energy intensive. A new startup, Jupiter Ionics, emerging from Monash University’s Technology Precinct, has found a way to produce ‘green’ ammonia. Scientists at Monash University, led by chemistry professor Doug MacFarlane, have developed a process similar… Read more »
Sydney envirotech startup Pathzero has raised US$5 million (A$6.8m) as it looks to expand globally. The round was led by VC Carthona Capital, with Antler Australia – the startup emerged out of the Antler program – and impact investor, Phil Vernon. Former Commsec MD Paul Rayson also signed on as one of several new investors. … Read more »
The world’s richest man, Elon Musk and his charitable arm, the Musk Foundation, is backing a US$100 million (A$130m) prize to deal with carbon removal to tackle climate change. Non-profit XPRIZE, which is running a range of cash prize competitions to tackle global challenges, is launching the $100 million XPRIZE Carbon Removal, a four-year global… Read more »
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