Rumbo Reads📖
March 2023: Spring Things 🐣
"There are always flowers for those who want to see them."
– Henri Matisse
From Rumbo with 💚
“Clean energy offers numerous benefits such as reduced emissions, cleaner air, more job opportunities, fewer power outages, greater energy and economic security, and healthier communities across the country…”
Tycho Solutions: Removing obstacles to accelerate the energy transition through technology - Fernanda Godoy, Rumbo Ventures
“…the final goal is in changing consumption patterns, encouraging the use of eco-friendly products, and — best case scenario — eventually transition to reusable ones, like the menstrual cup…”
Menstruation and the environment: The need for clean intimate care - Elidet Hernández, Rumbo Ventures
“Se calcula que esta ley reducirá el déficit presupuestario en 237.000 millones de dólares en EE. UU. a lo largo de la próxima década…”
(In Spanish) El Plan Industrial del Pacto Verde Europeo y su influencia en el sector climate-tech - Laura Estankona, Rumbo Ventures
Warm-up
Reads 📚
“…the resilience of climate and clean energy software funding comes against a backdrop of falling venture investment across most other industries…”
Funding Slowdown? Not For Climate And Clean Energy Software - Joanna Glasner, Crunchbase News
“My annual effort to capture the state of climate and decarbonization: how we got to now, where we are going, what's new, and how to think about what's next…”
(Presentation) Decarbonization: The long view, trends and transience, net zero - Nat Bullard
Recordings 🎤
“Decarbonizing doesn’t mean accepting a future of less — it can mean a more awesome, humane, technologically rich, and socially inspiring future for us all…”
How to solve climate change and make life more awesome - Saul Griffith, The Ezra Klein Show
“There is a clear path to a sustainable-energy Earth. It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything…”
Tesla Investor Day in 28 Min - Tesla Daily
Rounds 💲
Pre-seeds and seeds 🌱
UK -based carbon insurance company Kita raised a $4M Series A from Octopus Ventures and Climate VC
AI-driven waste management solution SPRK Global Impact raised a $6M Seed round from angel investors
Germany-based Cylib raised an $11.6M Seed round from WorldFund and VSquared Ventures
A, B, C, D…🌳
UK-based AI-powered waste analytics system Greyparrot raised a $17.5M Series A from Regeneration VC and Una Terra
Swedish CarbonCloud raised an $8M Series A from investors including Cusp Capital and Maki.vc
Australian AgTech company Loam Bio raised a $73M Series B with the participation of Horizons Ventures and Grok Ventures
Main ideas
On clothes and stuff 👗
“Rubi Labs describes itself as a “symbiotic manufacturing” company, using biochemical processes to turn carbon dioxide from the waste streams of manufacturing facilities into cellulose, which it uses to make lyocell yarn for textiles, cutting the need for other waste inputs or deforestation…”
Ganni, Patagonia, and Reformation join pilot to decarbonize Fashion - Vogue Busines
“Instead of proposing solutions supposed to help Ghanaians from faraway fashion capitals such as London or Paris, a true commitment to circularity in fashion would mean looking to those living in Accra and elsewhere on the front lines to call the shots…”
Messages for the world’s fashion capitals from the front lines of reuse - Financial Times
On geothermal energy 🌫
“Today, every home in Iceland is heated with renewable energy: 90% from district heating systems that tap hot water directly underground and 10% from electricity generated either using steam from that water or hydropower. One-hundred percent of the country’s electricity is also renewable…”
“Geothermal can deliver the carbon-free power and heat needed to make DAC a viable means for removing carbon dioxide from the atmosphere…”
One company has a plan to cool the planet — use Earth's own heat to help - Interesting Engineering
Miscellaneous
Tweets that speak 🐦
Random 🛸
