Local frictions loom large as potable water demands put tech sector at odds with household and agricultural needs. AI-driven demand for data centres coupled with rising water stress worldwide is prompting investors to ask portfolio companies how they are navigating an increasing flow of operational, regulatory, and reputational risks. A total 632 data centres owned by US tech giants Amazon,…
NovoMOF Raises $5.4 Million to Scale Up Low-Cost Carbon Capture Materials
Swiss materials tech company novoMOF said it has raised CHF 4.4 million (USD $5.4 million) to further advance its sustainable materials for low-cost carbon capture in high-emissions industrial sectors. Founded in 2017 as a spinoff that grew out of the Swiss Paul Scherrer Institute PSI, novoMOF develops Metal Organic Frameworks (MOFs), a new class of highly porous materials with exceptionally…
Fintech Startup Crux Raises $50 Million to Build Capital Market Platform for Clean Energy Developers
Fintech startup Crux announced that it has raised $50 million in a Series B funding round to further develop its capital market platform for developers, manufacturers, investors, and lenders working on clean energy projects. Launched in 2023, Crux provides capital markets technology aimed at making funding options for clean energy projects more accessible. The company’s existing platform allows developers and…
Guest Post: What the SBTi’s Draft Corporate Net-Zero Standard Version 2.0 Means for Businesses
By: Ruaridh Welsh, Consultant at EcoAct, a wholly owned subsidiary of Schneider Electric Last month, the SBTi launched the draft of its revised Corporate Net-Zero Standard for public consultation. The update marks an important step forward in aligning corporate net-zero strategies with climate science. With changes to how companies are categorised, strengthened expectations on emissions reduction, and new guidance on…