The IPCC revealed in their 2018 Special Report, with high confidence, that every pathway to limit warming to 1,5° requires avoiding CO2 emissions in the future as well as removing existing CO2 in the atmosphere today.
Heirloom Carbon Technologies has the ambitious goal of removing 1 billion tons of CO2 by 2035 through direct air capture technology that extracts CO2 from the ambient air using common minerals.
The process works by exposing rocks to the ambient air and letting them naturally react with CO2 in a process known as “carbon mineralization”. The rocks are heated to release the CO2, which is then captured and safely pumped underground into rock formations where it is stored permanently.
Carbon mineralization occurs over long timescales in nature, but Heirloom’s technology speeds up the process substantially. The resulting process uses fewer minerals, less capital and captures more CO2 in the same timeframe as it would naturally. Their goal is to be able to do this at a cost less than $100 USD per ton.
Heirloom has recently raised millions in funding from investors including Breakthrough Energy Venture, a clean-technology fund led by Bill Gates, and the Microsoft Climate Innovation Fund. Corporations such as Stripe Inc., Klarna Bank AS and Wise Plc have already invested, anticipating that the technology will scale and costs will go down.
Heirloom Carbon Technologies is building a solution that doesn't compromise the health of people or the environment. For more information on Heirloom, check their website or read their white paper.
In the ever-evolving landscape of the food industry, Juicy Marbles is emerging as a pioneer within eco-friendly meat alternatives. The Slovenia-based trailblazer stands at the forefront of the plant-based meat revolution, crafting a future where sustainability and delightful dining converge.
ClimatePoint's visit to Optima Planta unveiled a groundbreaking sustainable agriculture initiative, culminating in a decisive investment and highlighting our commitment to addressing pressing environmental challenges.
Recently, we visited Solar Water Solution, one of our prospect solutions within the Travel & Mobility vertical, which has proven to be a sustainable solution of tomorrow.
Norsk Karbonlagring has rebranded as Down to Earth. This new identity embodies a commitment to making meaningful climate action accessible worldwide.
PI Energy is committed to reducing solar PV installation costs and expanding solar power markets, in line with the UN's advice to make clean energy accessible to all.
Accelerating direct air capture on-site in Bergen, with strong partnerships and potential synergies within the Travel & Mobility cluster
ClimatePoint is excited and proud to announce our latest Food & Agrotech investment - Juicy Marbles
MiljøNorge has experienced an impressive period with several milestones that have contributed to the company's growth and recognition in environmentally-friendly fire safety.
Nordic Electrofuel, is soaring to new heights as it recieves an impressive amount in funding from the EU Innovation Fund.
Thousands of retail and foodservices like Walmart, Kroger and others make plant-based breakfasts easier than ever in 2023
U.S. News & World Report, the global authority in rankings and consumer advice, has named Ingredion one of the 2023-2024 Best Companies to Work For.
Delft IMP is changing its name to Powall, a Dutch company exploring the possibilities of nanotechnology, expanding the opportunities across various sectors.
ClimatePoint is exited (though not surprised) to see our portfolio company's experience and skills being increasingly recognized and valued by forward thinking and influental actors in the marketplace.
ClimatePoint is thrilled to invest in PI Energy via the Buildings and Constructions cluster. We value PI Energy's innovative technology and commitment to reducing energy production's environmental impact.
Today's adhesives are largely based on components of fossil origin. The project "100% Fossil-Free Plywood and Building Elements" has shown that a lignin-based adhesive can be a fossil-free alternative. The goal is to reduce the construction industry's carbon footprint.
Negative macroeconomic trends can't stop Kale on their mission to feed the world sustainably.
Evyon is a Norwegian-based startup on a mission to enable the reused battery revolution for a fully renewable future for everyone.
Solar Foods, a Finnish startup, is developing protein out of thin air. Grown without farming and only in need of a fraction of the land, water and energy that animals or plants would need. The protein, Solein, can be produced anywhere, as long as there's access to air and electricity.
Carbon Crusher is working to solve a big part of the global infrastructure problem while reducing carbon emissions and connecting people safely.
Parkdressen is challenging the traditional clothing industry, moving the consumer from the buy and toss mentality, to leasing and a more circular way of buying and using clothes.
We're delighted to share that PI Energy is a recipient of the American-Made Solar Prize in Photovoltaics! This is funded by the Department of Energy (DOE) and administered by the National Renewable Energy Laboratory (NREL).
Spoor is a fast-growing software company on a mission to enable industry and nature to coexist. Their software uses cutting-edge computer vision and AI to detect, track and classify birds in wind farms to help developers and operators gain insight and guide mitigation measures.
Life under and above the ocean is a central part of the Sustainable Development Goals, and an integral part of our climate, the economy and human lives in general. In no other realm is the importance of biodiversity for sustainable development more essential than in the ocean.
For the month of June we’d like to present Humble Bee Bio as technology of the month. They want to tackle plastic pollution by synthesizing the biology of bees to make novel bioplastics.
For the month of May, we'd like to highlight the Norwegian industrial company Miljø Norge, established in 2021. Their goal is to increase the circularity of products, and they're starting with fire extinguishers. Their vision: Save lives and the environment.
Antora Energy delivers zero-carbon industrial heat and power. The thermal energy is delivered to costumer as electricity or industrial process heat up to 1500°C. Making a significant change towards eliminating their client's scope 1 and scope 2 emissions.
In February, Kale United, a part of our Green River Fund and a holding company making impact investments in game-changing vegan businesses, expanded their portfolio with a second investment round. They selected 12 companies working to increase the availability of plant-based consumer goods.
For the month of February, we would like to present Hyperion Robotics as the technology of the month. They are on a mission to bring efficiency and sustainability to the way concrete structures are being made.
Sirken is a company that makes reuse practical. Sirken stands for circular engagement and that’s what they do. Engage!
From time to time, we would like to present startup companies fighting climate change and evolving the new solutions of tomorrow. This month, we have selected Hayk, a green mobility company, challenging the way we own and use our cars today.
Veganz got listed as an IPO just this week. The company is now traded on the Frankfurt Stock Exchange and the IPO represents the first of its kind for a Kale United portfolio company.
With all of the latest craze in emission reductions, it can be extremely difficult to decide where is best to place your company’s hard-earned cash when trying to mitigate your carbon footprint.
This week ClimatePoint passed a massive milestone; We made our very first investment into new sustainable climate solutions. Though initially small, ClimatePoint is now owner in many companies which, among others, include Beyond Meat Inc., e.l.f Beauty Inc., and Mighty Pea
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