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Today’s Highlights:
🔝Top Story: BlueGreen Ventures Unveils $75M Fund to Boost India’s Early-Stage Startups in Climate Tech, Fintech & B2C Innovation.
💲Investment: Sympower raised €21.3 million for battery storage expansion and energy trading, Klim secured $22 million to scale regenerative farming globally, and Baseload Power received $9.4 million to expand its EV charging network across Canada.
🔬 Innovation: MIT researchers improved CO₂ conversion efficiency, while a new electrode design boosted electrochemical CO₂ reduction with 75% Faradaic efficiency.
🔄 Integration: Baseload Power secured $9.4 million for EV chargers, GoodShipping and SQUAKE teamed up for emissions reduction, and 50+ shipping leaders pledged to accelerate zero-emission fuels.
💡 Intelligence: Why Universities Must Lead the Way in Sustainability with Lessons from Dartmouth’s $500M Geo-Exchange Project.
BlueGreen Ventures Unveils $75M Fund to Boost India’s Early-Stage Startups in Climate Tech, Fintech & B2C Innovation
Image Credit: BlueGreen Ventures
BlueGreen Ventures Launches $75M Fund for Early-Stage Startups
Investment veterans Rajeev Suri and Anup Jain have launched BlueGreen Ventures, a $75 million venture fund dedicated to India’s early-stage startup ecosystem. Backed by a network of global CEOs, CXOs, and Indian founders, the fund focuses on high-growth sectors like climate tech, sustainability, fintech, and B2C, aiming to nurture India’s dynamic entrepreneurial landscape.
Two-Pronged Investment Strategy
BlueGreen Ventures adopts a strategic, two-pronged approach. Its primary focus is early-stage investments in Seed to Series A rounds, targeting sectors with high social and economic impact. Cheque sizes range from INR 7 crore to INR 12 crore, providing crucial support to founders as they navigate early growth. The fund’s secondary focus is on mature companies approaching IPO readiness, investing between INR 20 crore and INR 30 crore to guide them toward market maturity.
Sustainability Commitment and Notable Portfolio
With Sophie Lambin, CEO of Kite Insights, as a strategic advisor, BlueGreen Ventures underscores its commitment to sustainability. The founding duo’s prior portfolio boasts successes like BatterySmart, Vedantu, and CarDekho, with impressive returns exceeding 60% IRR from 2018-2021. This expertise positions BlueGreen Ventures as a key player in scaling India’s next generation of startups. Read More
Investment Highlights of the Day
- Sympower secured €21.3 million in Series B1 funding, led by A&G ETTF and EIF, to scale its battery storage, expand in Europe, pursue acquisitions, and diversify energy trading for industrial and renewable sectors. Read More
- Klim raised $22 million in Series A funding, led by BNP Paribas, to advance regenerative farming adoption and expand internationally, marking one of Europe’s largest agritech rounds this year. Read More
- Baseload Power Corporation received $9.445 million from Natural Resources Canada to expand its AURA EV Charging network by 126 fast chargers across Ontario, Quebec, and British Columbia, bringing its total to over 200 stations by 2025. Read More
Innovation Highlights of the Day
- MIT researchers have developed an innovative electrode design that significantly improves the efficiency of electrochemical systems to convert captured CO₂ into valuable products like ethylene, potentially making carbon conversion more economically viable. Read More
- Simon Rufer, Michael P. Nitzsche, Sanjay Garimella, Jack R. Lake, and Kripa K. Varanasi developed a new electrode architecture that improves electrochemical CO2 reduction, achieving ~75% C2+ Faradaic efficiency and reduced cell voltage for electrodes up to 50 cm². Read More
Integration Highlights of the Day
- Baseload Power Corporation has secured $9.445 million in funding from Natural Resources Canada to expand its AURA EV charging network by adding 126 fast chargers across Ontario, Quebec, and British Columbia by 2025. Read More
- GoodShipping and SQUAKE have partnered to help cargo owners reduce scope 3 emissions through a digital book-and-claim model, enabling global investment in sustainable fuels. Read More
- Over 50 leaders in the shipping industry have signed a Call to Action to accelerate zero-emission fuel adoption, urging faster action and investment in zero-emissions vessels and green hydrogen infrastructure. Read More
Climate Insider Intelligence: Why Universities Must Lead the Way in Sustainability with Lessons from Dartmouth’s $500M Geo-Exchange Project
In a bold move to combat climate change, Dartmouth College is investing $500 million in a groundbreaking geo-exchange system to reduce its carbon footprint and set a model for the future of clean energy. In this Op-Ed, Rosi Kerr, Director of Sustainability, and Barbara Will, Vice Provost for Academic and International Affairs, explore how this project not only enhances the university’s infrastructure but also aligns with its educational mission. By turning disruption into opportunity, Dartmouth’s new approach is shaping the next generation of climate leaders—ensuring they’re equipped with the skills to lead a low-carbon future. Read More
