AMAZON'S
Climate Pledge Fund
Amazon unveils $2 billion fund to invest in startups building sustainable technology
Source:
who:
Articles by Taylor Soper - GeekWire
https://www.linkedin.com/in/taylorsoper/
https://sustainability.aboutamazon.com/about/the-climate-pledge/the-climate-pledge-fund
The Climate Pledge Fund
The Climate Pledge Fund is a corporate venture capital fund that invests in companies that can accelerate Amazon’s path to meeting The Climate Pledge.
Climate Pledge Fund Investments
Amazon launched The Climate Pledge Fund in 2020 to support the development of sustainable and decarbonizing technologies and services. This dedicated investment program—with an initial $2 billion in funding—invests in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy. Since launching The Climate Pledge Fund in 2020, Amazon has made investments in the following companies:
projects:
“The Climate Pledge Fund is another important example of how the collaborative effort of The Climate Pledge can accelerate the transition to a net-zero world.”
who: Christiana Figueres https://www.linkedin.com/in/christianafigueres/
Former Executive Secretary of the United Nations Framework Convention on Climate Change and Founding Partner of Global Optimism
https://amznclimate-prod.adobecqms.net/us/en/the-pledge/the-climate-pledge-fund.html
The Climate Pledge Fund is a corporate venture capital fund that invests in companies that can accelerate Amazon’s path to meeting The Climate Pledge.
The Goal
In June 2020, Amazon announced The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services that will enable Amazon and other companies to meet the goals set by The Climate Pledge.
This dedicated investment program—with an initial $2 billion in funding—will invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.
Sector Focus
The Climate Pledge Fund invests in companies across multiple industry sectors, with an initial focus on:
Transportation and logistics
Energy generation, storage, and utilization
Buildings
Manufacturing and materials
Circular economy
Food and agriculture
The scope of The Climate Pledge Fund is global and will consider investments in companies developing products or services that reduce carbon emissions and help preserve the natural world.
13 featured partners:
https://portfoliojobs.theclimatepledge.com/companies
Amogy is a VC-backed start-up, located in Brooklyn, New York, and is working on a novel carbon-free energy system using ammonia as a fuel. The innovative solution enables the decarbonization of ground/sea/air transportations, accelerating our journey towards the Net Zero Economy.
BETA Technologies is creating an electric transportation ecosystem that’s safe, reliable and sustainable. A relentlessly focused team is building an extensive charging infrastructure and ALIA, the world’s most technologically advanced electric vertical aircraft (EVA). BETA’s platform and products are strikingly simple. Prioritization of safety and a pragmatic approach to certification drive elegant redundancy, appropriate diversity of implementation and simplicity of control. ALIA’s fixed-pitch propellers and centrally located batteries make it an inherently stable aircraft that is safe to fly and easy to maneuver.
CarbonCure manufactures a carbon dioxide (CO₂) utilization technology that introduces captured CO₂ into fresh concrete to reduce its carbon footprint. Once injected, the CO₂ undergoes a mineralization process and becomes permanently embedded. This results in economic and climate benefits for concrete producers—truly a win-win. CarbonCure’s innovative carbon removal technology is a direct way to reduce embodied carbon, or the carbon footprint of the manufacturing and transportation of building materials. The technology is retrofitted into concrete plants without disrupting operations and seamlessly integrates
Based in Città di Castello, Italy, CMC Spa is a privately held company that designs, manufactures and supports the most innovative and disruptive technology for the mailing, graphic arts, ecommerce and logistics industry. Founded in 1980, the company has focused on strategies to retain customers becoming their sole supplier for technology, service, parts and professional technical training. CMC has always been on track to timely respond to the ever-changing market requirements with creative design engineering and bespoke solutions. With the ecommerce surge reshaping the parcel industry, today CMC is helping retailers and logistics company to optimise their fulfilment process and deliver sustainable, strong, highly personalised and safe boxes through the much acclaimed and multi award winning CMC 3D right sizing packaging technology.
http://hippoharvest.com/ develops an agriculture technology to help scale sustainable agriculture. It was founded in 2019 and is based in Half Moon Bay, California.
Infinium offers an industry leading, commercial ready electrofuels solution that can decarbonize the transportation industry today using existing infrastructure. Produced using renewable power and CO2 emissions, Infinium’s Electrofuels™ can be used by existing truck, plane and ship fleets, enabling immediate decarbonization of the transportation sector. Electrofuels are exactly what they sound like: fuels made from electricity instead of oil. Infinium facilities utilize low-cost renewable energy sources and prevent excess clean energy from going to waste. Using CO2 and green hydrogen (produced through renewable powered electrolysis) as feedstocks, its facilities remove CO2 from industrial emissions and provide a ready use for growing hydrogen production.
ION Energy is an advanced battery management and intelligence platform.We’re focused on building technologies that improve the life and performance of lithium-ion batteries that power electric vehicles and energy storage systems.
Pachama uses AI and remote sensing to verify and monitor carbon capture by forests to help finance conservation and reforestation.
Redwood Materials is an advanced technology and process development for materials recycling, re-manufacturing, and reuse. Humanity has made great leaps forward in sustainable energy generation and transportation. We have invented and proliferated electronic devices to every corner of the globe and lifted billions of people out of poverty and into the information age. As these trends grow and mature, Redwood is planning ahead to address the problems and opportunities coming when millions of EV’s batteries need an end of life solution and when the electronics piled up in your drawers at home find a new life.
Resilient power: Developer and operator of EV charging stations designed for commercial and fleet operations. The company's line of ultra-compact EV charging depots connects directly to the existing distribution, enabling clients to ensure efficiency and cost-minimization without the need for disruptive site construction.
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable andeco-friendly drive experience.
We are building the first practical, zero-emission powertrain for commercial air travel. We are targeting hydrogen power to accelerate the world's transition to sustainable aviation.
https://amznclimate-prod.adobecqms.net/us/en/the-pledge/the-climate-pledge-fund.html
Tell us more about your company
Companies of all sizes and stages will be considered, from pre-product startups to well-established enterprises looking to scale. The Climate Pledge Fund is not a capital source for companies seeking to sell their products on Amazon’s marketplaces.
Questions, comments, or interested in joining?
Application form:
further research; required: https://www.globaloptimism.com/
Christiana Figueres: Founding Partner
Christiana Figueres is a Costa Rican citizen and an internationally recognized leader on climate change. She was Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from 2010 to 2016.
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