Funding for Sustainability and Green IT Startups

Accelerators from Apple, Elemental Excelerator, Emirates NBD, IBM, Intel, Microsoft, MIT, Toyota, The Company Lab, TechStars & more assist technology startups focused on green IT, renewable energy, carbon reduction, sustainability & more.

Venture capital & private equity investments in climate tech startups declined sharply in 2023, but there are some bright spots to note, PwC research finds.

Accenture Ventures' investment in Open Cosmos reinforces global IT consulting firm's data-driven sustainability initiatives.

CO2 AI, a sustainability management software spin-off from Boston Consulting Group (BCG), raises venture capital funding for global growth.

Microsoft GrowthX Accelerator for B2B technology startups targets Middle East sustainability opportunity, COP28 climate conference alignment.

Toyota Open Labs seek to nurture & fund sustainability startups across such sectors as energy, circular economy, carbon neutrality, smart communities and mobility for all.

Persefoni raises $50 million in Series C-1 funding. Climate management & carbon accounting software gains more generative AI features.

Apple executive Lisa P. Jackson joins Galvanize Climate Solutions, a climate-focused global investment firm, as strategic advisor. To be clear: Jackson also remains VP of environmental, policy & social initiatives at Apple.

Sustainable Development Acquisition Corp. (SDAC), a special purpose acquisition company (SPAC), ends quest to potentially acquire privately held green business for as much as $1.2 billion.

evroc, a startup backed by EQT Ventures & Norrsken VC, strive to build Europe's first sovereign hyperscale cloud business that leverages sustainable energy.

U.S. Department of Energy (DOE) announces $40 million in funding for these data center sustainability projects. HP, Intel & Nvidia make the list.

Novisto, which develops cloud-based software for ESG (environmental, social and governance) data management, also seeks ESG consulting partners.

BrainBox AI, which develops technology to make buildings smarter, greener & more energy efficient, raises $20M & acquires energy management system integrator.

Climate Adaptive Infrastructure (CAI), through DigitalBridge partnership, invests in Switch, a 100% renewable-powered data center provider.

IBM, RIT, Stony Brook University, Simons Foundation & Bloomberg Philanthropies vow to support $700 million New York Climate Exchange research center.