Dear readers,
Join us at Earth VC’s Roundup, where we unveil the exciting highlights of our recent journey. Let’s jump straight into the thrilling updates we have in store for you!
DEAL RELEASE
We joined a $3.2M funding round of Sparxell, the UK-based trailblazer founded by University of Cambridge scientists, with their fully biodegradable pigments from cellulose.
Earth VC Fuels Aalo Atomics' Vision for a Sustainable Nuclear Future in a $27M funding round, bringing their total raised to over $33M!
Orbillion Bio is at the forefront of cultivated meat technology. Their innovation reduces land use by 95%, water use by 78%, and emissions by 92%, while achieving price parity with conventional beef. They aim to emerge as a leading B2B supplier of beef muscle and fat cells, with a focus on the ground beef market.
PORTFOLIO UPDATES
Kuva Space
Kuva Space Hyperfield-1 launched into orbit on August 16th aboard SpaceX Falcon 9 on the Transporter-11 mission.
Blykalla
Since announcing our investment in Blykalla in April 2024, the startup has doubled its Series A round from 80 mSEK to 160 mSEK, with the extension round led by Joachim Ante's 92 Ventures and Daniel Aegerter's ARMADA Investment AG.
Group14 Technologies
Group14's joint venture with SK Inc. shipped SCC55™ silicon battery material to 100+ manufacturers, marking the debut of high-density, fast-charging EV batteries.
Aalo Atomics
Aalo Atomics signed an MOU to deploy seven Aalo-1 reactors, delivering 75 MW of clean power to Idaho Falls. This marks the beginning of a partnership that could span 80 years.
Treetoscope
Treetoscope partners with Nutalia Agroconsultores to develop SapSense technology in southern Spain and Portugal, giving Nutalia preferential access to optimize irrigation and boost profitability for growers.
LATEST ACTIVITIES
Bits & Pretzels, September 29th to October 1st, Munich, Germany
Our Principal Duc Pham, attended the Bits & Pretzels, dived into the latest trends and innovations in one of Europe’s biggest tech hubs, and reconnected with our founders from Orbillion Bio (YC W21) and Blykalla.
He also visited the office and lab of one of our soon-to-be-announced portfolio companies. Stay tuned for Earth VC's upcoming deal announcement to know who they are!
AVPN Southeast Asia Thought Leaders Forum 2024, September 24-25, Cebu, Philippines
The AVPN Southeast Asia Thought Leaders Forum 2024 addressed the investment gap and highlighted impact-investing in Southeast Asia.
What made this forum unique? No formal speakers—everyone contributed, enriching discussions on net-zero transitions and impact investing. Associate Nam Tran found inspiration in this open dialogue, gaining key insights into bridging the investment gap and driving change.
SuperReturn Asia 2024, September 24-27, Singapore
Our Associate Chi Tran participated in the SuperReturn Asia event held in Singapore, on September 24-27, fostering meaningful connections with exceptional individuals and absorbing valuable insights from industry experts on the current and future landscape of Private Markets in Asia.
The Drop, September 17th, Malmö, Sweden
On September 17th, we had a fantastic time at The Drop in Malmö, Sweden, gaining valuable insights and forging new connections. The Ripple format, featuring interactive discussion circles, sparked meaningful conversations.
We’re excited to keep engaging in initiatives like this to drive the growth of climate tech and impact investing globally.
OTHER INITIATIVES
The Green Scale-up Collective
Asia is where the climate battle is being fought hardest. The region now accounts for 35% of global energy-related CO₂ emissions, up from just 17% in 1990, making it the ideal hub for climate tech innovation. That’s why Earth Venture Capital , ADB Ventures ,The Radical Fund , and ENGIE Factory are uniting to drive change!
We're launching an initiative to accelerate deep tech solutions in energy efficiency, sustainable agriculture, and green manufacturing. Stay tuned for exclusive insights and innovations from "The Green Scale-up Collective," powered by the region’s leading climate-focused venture teams.
Code Green Project
Another initiative that we've been thrilled to launch in the past months is Code Green, a collaborative project by Earth Venture Capital Foundation and Digital Futures Lab. This is part of our ongoing efforts to give back and support climate-tech education and research, extending beyond our VC investments.
So, what is Code Green about? The newsletter and podcast series will explore AI's role in climate tech, simplifying these topics, showcasing their impact, and assessing tech adoption factors.
Thanks for staying until the end of this issue. We hope you found the insights informative!
For more updates on Earth Venture Capital, follow us on LinkedIn, and stay tuned for the next Roundup.
Warm regards,
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