#climate-tech

#climate-tech

"Toyota is looking for the next new new thing in mobility, climate, AI, and industrial automation. Its answer is $1.5 billion in new capital that will focus on, and invest in, the lifecycle of startups - from the first seeds of an invention through its growth stage and eventually to mature companies. Toyota made two related announcements Tuesday that provide a snapshot of the company's growing interest in the startup ecosystem."

Capital Rx | Judi Health - $252M Series F HEALTHTECH Capital Rx, a full-service pharmacy and health benefits management platform, has raised $252M in Series F funding led by Wellington Management and General Catalyst. Founded by AJ Loiacono, Joseph Alexander, and Ryan Kelly in 2017, Capital Rx has now raised a total of $601M in reported equity funding. The company also announced it is rebranding itself to Judi Health.

"Climate tech" isn't a thing. It has shifted in recent years from a category to define clean energy companies to an umbrella phrase that loses meaning the more we use it. Granted, the term is everywhere: inserted into VC pitch decks, plastered on billboards along highways from San Francisco to Austin to Boston, wedged into government policy papers, and featured prominently on conference agendas. Media properties from CNBC to GreenBiz rely on it as a traffic-driving category.

There's plenty of uncertainty to go around this year, including a global trade war, shifting policy priorities, and an economy that's starting to stumble. Breakthrough Energy, a climate tech organization founded by Bill Gates, has also been shifting in response. The group always placed long bets, though it appears to be reappraising some of them. Its policy team was scrapped in March, for example, and it didn't continue funding a publication that covered the climate tech world. Still, its investments in startups continue, as does its longest bet, a fellowship program for budding entrepreneurs.

"Dexter Energy exemplifies the kind of cutting-edge energy tech we seek to invest in at Klima: solutions that combine advanced AI with deep energy market expertise to drive real impact."

Our powerful carbon calculation engine helps software providers embed emission metrics into their solutions to assist customers in accurately calculating and continuously monitoring their carbon footprint.

Within carbon markets, our realization was that a lot of the projects in India, which are more avoidance-based, are of very low quality, and they produce junk credits.

We've always known this journey would be demanding. Today, we find ourselves navigating a challenging time that necessitates adjustments as we strive for success.

"We are at a slope of despair in climate now, at least for investors. No quick wins, no massive exits, mergers and acquisitions are limited."