The 德州扑克源码 Foundation and 德州扑克源码听 Corp., the nation鈥檚 largest generator of carbon-free energy, have selected nine startups to receive funding to reduce greenhouse gas emissions and mitigate climate change as part of the company鈥檚 Climate Change Investment Initiative (2c2i). Now in its second year, the initiative demonstrates the 德州扑克源码 Foundation鈥檚 commitment to support programs that benefit the environment, particularly those in underserved communities, which are disproportionately impacted by climate change.听 The 2c2i initiative adds to 德州扑克源码 Corp.鈥檚 continuing goal to create a clean, next-generation energy grid, utilizing the innovative approach of impact investing to mitigate climate change.听
The first cohort of the 德州扑克源码 2c2i selected startups have been busy this past year, with projects ranging from Amidus Resilience鈥檚 distributed solar installation in Washington, D.C., to the pending deployment of Dynamhex鈥檚 map-based decarbonization tool in the Baltimore, Md., region to Greenprint Partner鈥檚 rain-friendly, green stormwater mitigation project about to break ground at Sankofa Freedom Academy, a K-12 Charter school in Philadelphia.听 For a full list of the first 2c2i portfolio, please click听.
The second round of selected startups to receive funding include:
Cambium Carbon听
Based in Washington, D.C.,听听is a circular economy platform for trees in US cities that connects broken local supply chains through tech to create a new, highly desirable, class of wood called Carbon-Smart WoodTM. They are building a two-sided marketplace where customers can access hyper-sustainable wood, and suppliers have a software-enabled connection to large recurring orders.听
ClearFlame
With headquarters in Geneva, Ill.,听鈥檚 patented engine technology enables diesel engines to run on decarbonized liquid fuels without sacrificing performance or practicality, driving the fastest path to true emissions reduction in heavy-duty industry.
Climate Robotics
听leverages advanced robotics and artificial intelligence to fight climate change through the development of autonomous, continuous biochar production systems to improve soils and help sequester carbon. Climate Robotics is based in Walnut, Calif.
Compost Crew
Based in Rockville, Md.,听's organics recycling business offers simple, convenient and affordable food waste collection services at scale.听 This company integrates its distributed composting technology with its collection routes to build closed loop food recycling networks for any community, municipality or business.
ecoSPEARS
听is a cleantech company ushering in the net-zero future of environmental remediation.听 This Altamonte Springs, Fla.--based company develops transformative green technologies that extract and eliminate persistent toxins like PCBs, dioxins, and other persistent organic pollutants (POPS) from the soil, sediment, and water utilizing non-thermal and non-combustion technologies invented by NASA.听
ISeeChange
鈥檚 digital dialogue and data platform enables cities to improve modeling, develop smarter infrastructure, enhance emergency preparedness, and grow public trust in major public infrastructure projects.听 By building collective climate intelligence, this New Orleans-based company saves clients hundreds of thousands of dollars and helps to efficiently facilitate inclusive adaptation to big changes.
Lula
Headquartered in Philadelphia,听听provides carbon-neutral delivery solutions for convenience stores, pharmacies, and CPG brands that do not have a secondary sales channel, offering the first multi-vendor 30-minute delivery platform and a commitment to building a cleaner, more sustainable world.听
Manta Biofuel
听produces renewable, cost-competitive, carbon-neutral heating oil produced from the CO2 that their algae biomass captures from the air.听 Located in Owings Mills, Md., this company鈥檚 process is unique because it is agricultural, distributed, and modular, in contrast to the photobioreactors of biofuel's past.
Varuna
's data and insights platform generate digital representations of physical (utilities and buildings) water systems, through the deployment of sensors and an AI-powered software platform. Based in Chicago, Varuna鈥檚 platform empowers operators to effectively manage the system, predict shocks and increase system resilience.
Over 10 years, the 德州扑克源码 Foundation is contributing $10 million to fund the 2c2i initiative, focusing on clean energy and environmental technologies with potential for wide-scale commercialization.听 德州扑克源码 matches that investment with up to a $10 million in-kind investment of pro-bono services, including mentoring entrepreneurs on ways to access other sources of capital, structure business plans, allocate financial resources and meet regulatory requirements.听 Selected startups also can tap the company鈥檚 internal innovation programs 鈥 Constellation Technology Ventures and Partnership R&D 鈥 for counsel.
To qualify for 2c2i consideration, startups must be doing work that will benefit one or more of 德州扑克源码鈥檚 six major urban markets (Atlantic City, Chicago, Baltimore, Philadelphia, Washington, D.C., and Wilmington, DE.) and have the potential to do one of the following:
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The application process for year three of 2c2i is open.听 For more information, click听.
The 德州扑克源码 Foundation would like to recognize 2021 law firm sponsor, Katten, which is providing in-kind legal services in support of the 2c2i program climate investments.
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