Obvious Ventures, a decade-old investment firm, successfully closed its fifth fund with a total of $360,360,360. The unique total reflects the firm's comprehensive approach, focusing on planetary, human, and economic well-being.
European venture capital firm 2150 has secured €210 million to fund startups focused on reducing the carbon footprint of cities. This investment aims to support technologies that address urban climate challenges and promote sustainable urban development.
The $6.6 billion surge in AI-driven climate technology investment was largely fueled by major deals in sectors like mining and data centers, reflecting targeted growth opportunities.
Transition Metal Solutions is leveraging a unique blend of prebiotics to stimulate microbes, enabling them to release more copper from ore deposits. This innovative approach aims to address the growing copper shortage by harnessing natural biological processes to improve metal extraction efficiency.
Microsoft has committed to purchasing more than 100,000 tons of carbon dioxide removal credits from Indian company Varaha over the forthcoming three years, reinforcing its dedication to sustainability and carbon offset initiatives.
Microsoft has committed to being an environmentally and economically responsible partner as it grows its AI infrastructure footprint across the United States, assuring customers that their electricity bills won't rise despite the surge in data center investments.
Ammobia is transforming the century-old Haber-Bosch method to produce ammonia in a way that could disrupt key sectors such as energy and maritime transportation. Their innovative approach promises cleaner, more efficient industrial applications, potentially lowering environmental impact while enhancing production capabilities.
Superorganism is investing in startups within three key areas: technology designed to halt or reverse species extinction, ventures addressing the overlap of climate change and biodiversity, and innovative tools that enhance the effectiveness of conservation efforts.
Meta has announced strategic partnerships with three nuclear energy firms to provide clean, sustainable power for its AI supercluster, advancing both energy innovation and artificial intelligence capabilities.
Meta, the parent company of Facebook, has entered into agreements with three nuclear power companies—TerraPower, Oklo, and Vistra—to supply electricity for its cutting-edge AI data centers. These deals support Meta's Prometheus AI data center project in New Albany, Ohio, slated to go live this year. The partnerships will provide up to 6.6 gigawatts of clean energy by 2035, bolstering America's nuclear supply chain and job market for power plant operations. TerraPower's deal involves funding for Natrium units expected to generate 690 megawatts by 2032, with potential energy rights up to 2.1 gigawatts by 2035. Vistra will supply over 2.1 gigawatts from its nuclear plants in Ohio and Pennsylvania, while Oklo plans a 1.2 gigawatt power campus in Pike County, Ohio, to support the region's data centers. This initiative builds on Meta's earlier 20-year energy agreement with Constellation Energy made in June.
