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Banyan wants to unlock financing for a (more) sustainable future

TechCrunch

With its $25 million Series B funding — which takes its total funding to over $42 million — Banyan Infrastructure is seeking to align sustainable project finance with the technology it is meant to support and develop. The theory is that it will make investment in sustainable infrastructure a more attractive proposition, too.

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Impact Hub Scaling Green Ventures: Meet The Innovators Accelerating Climate Action

Impact Hub

According to a recent McKinsey report , reaching net zero by 2050 could require a 60% increase in capital spending on physical assets compared to current levels. The total investment needed amounts to $9.2 trillion per year until 2050, with $6.5 trillion annually allocated to low-emissions assets and enabling infrastructure.

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Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

TechCrunch

The six startups making the cut for Subak’s 2022 program will each receive up to £110,000 (~$145,000) of unrestricted grant funding, along with mentorship and support to scale their impact. It wants to help to drive investment in technology needed to decarbonise energy grids through 24/7 energy tracking.

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Scaling green ventures: meet the innovators accelerating climate action

Impact Hub

Scaling green ventures: meet the innovators accelerating climate action In a world echoing with the urgent call for environmental change, the Impact Hub Network is committed to supporting innovative green ventures for a brighter tomorrow. The total investment needed amounts to $9.2 trillion per year until 2050, with $6.5

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SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket.

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund , which led the company’s latest round, alongside previous investors Amazon Climate Pledge Fund, Horizons Ventures , Shell Ventures and Summa Equity. “By 2050 everybody wants to be zero emission and net zero.

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Autigen Announces Collaboration with Boehringer Ingelheim

Innovation 2 Enterprise

About 430 million people suffer from moderate to complete hearing loss worldwide, a number expected to rise to about 700 million by 2050. ” Under the terms of the agreement, Autigen will receive an undisclosed upfront payment and research funding support. For more information, visit www.otologicpharma.com.