Tag: #climate-tech20 results
Google-backed FireSat program has launched a new constellation of satellites designed to detect wildfires with higher precision than existing systems. This initiative aims to provide real-time data to help mitigate the impact of wildfires in North America.
A new AI model developed by SIAT and the Hong Kong Observatory is now providing real-time forecasts for typhoon intensification. The system aims to solve one of the most difficult challenges in meteorological prediction.
Fintech startup Enduring Planet has successfully closed its second fund, totaling $12 million. The capital is specifically earmarked to provide financial support to entrepreneurs focused on climate-related solutions.
Google DeepMind is launching a new accelerator program in the Asia Pacific region. The initiative focuses on leveraging AI technologies to address critical environmental risks and sustainability challenges.
Argentine AI startup Satellites on Fire raised $2.7M in seed funding led by Dalus Capital. Founded by three teenagers in 2020, its software detects wildfires 35 minutes faster than NASA's FIRMS by integrating multi-agency satellite data. The system avoids gaps between satellite passes for earlier alerts.
Climate change is enabling invasive species to thrive and persist longer across Europe, leading to an increase in diseases like Dengue and Chikungunya. Scientists warn that these shifts are becoming a permanent fixture of the continental ecosystem.
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Researchers have successfully mapped the global fungal network that supports plant life and regulates climate. This data provides critical insights into ecological systems and carbon sequestration.
Catalyst Fund has successfully closed a $30 million funding round to support climate-tech startups across Africa. The firm is shifting its focus toward sectors that demonstrate both measurable environmental impact and commercial viability.
Holocene has raised a $3 million fund specifically designed to build and exit climate-tech companies in Africa within a 3-5 year window. The fund focuses on creating mid-sized companies valued at $30-$50 million.
Despite a 50% increase in annual capital commitments to $44 billion, African founders developing climate-resilient technologies still face significant funding gaps. The article highlights a disconnect between available capital and the specific needs of local climate adaptation startups.