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

TechCrunch

Venture capital firms aren’t unusual in the battery world. Batteries are normally considered a high-risk, high-reward investment; the sort of thing that venture capital is made for. There are myriad reasons why both venture capital and growth equity are diving into batteries. in 2035 and France in 2040. So what changed?

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The NJGB will make investments through debt, credit enhancements, and other financial vehicles to attract private capital to enable the state to reach its climate goals. The NJGB will inject capital into New Jersey’s clean energy economy and support green businesses and good-paying jobs in the field.

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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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Extra Crunch roundup: Here’s everything you missed at TechCrunch Disrupt 2021

TechCrunch

We just wrapped up a three-day virtual event that included discussions and interviews with some of the most notable people in technology, media, government and venture capital. The whole package: How plastics and sustainability startups achieve success. The whole package: How plastics and sustainability startups achieve success.

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EVs to power Kenya’s bus rapid transit system

TechCrunch

But the situation is about to change following an announcement that the new Bus Rapid Transit (BRT) network in the country’s capital, Nairobi, will only be operated by green (electric, hybrid and biodiesel) vehicles. Opportunity for EV startups in Kenya.

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Request for Startups: Climate Tech

Y Combinator

The financial opportunity of doing so is massive: an estimated $3-10 trillion in EBITDA will be up for grabs. Electrifying these vehicles is a big carbon opportunity: while buses and trucks only represent 10% of the vehicles on the road, they generate 30 percent of the sector’s global greenhouse gas emissions.

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