๐ก HVAC to decarbonize the future of real estate
When it comes to residential emissions, 50% to 70% of all energy used in homes goes towards heating and cooling. Cooling only accounts for more than 7% of global GHG emissions (more than shipping and aviation combined), and is expected to triple to 25% of emissions.
Beyond climate, cooling is a health concern. Thermal comfort is a human right, and particularly acute in developing countries where heat stress is already crippling - before factoring in future climate change impacts on temperatures.
Cooling tech is an overlooked sector of the energy transition, yet a key one. Cooling technologies could reduce electricity demand by ~30% by 2030 with associated emissions reductions of ~600 MtCO2.
At Dealroom.co, together with 2150, we mapped 90+ startups at the front of cooling and heating innovation. Click the button below to access the full landscape
โ๏ธA shift to haggle-free PPAs.Google and LevelTen Energy are rethinking the clean energy procurement process to make it smarter and faster. GreenBiz
Latest impact deals:
The largest in the last week:
๐ฎ๐ช Amarenco, a Cork, Ireland-based independent renewable energy producers raised $300M in Growth Equity VC.
๐ซ๐ทLithium de France, a French developer of projects for the production of geothermal heat and green lithium, raised $44M in Series B.
๐บ๐ธSolarcycle, an Oakland, CA-based solar recycling company, raised $30M in Series A.
Other promising impact deals:
๐บ๐ธ Andes, an Emeryville, CA-based startup developing microbes for soil carbon capture, raised $15M in Series A.
๐ฉ๐ฐ Chromologics, a Sรธborg, Denmark-based company developing natural food colorants from fungal fermentation, raised $8M in Seed
Weโve ranked the top 100 climate tech startups to watch based on Dealroom Signal: a powerful algorithm helping VCs, Corporates and Governments find the most promising up and coming startups.
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