Funding for Sustainability and Green IT Startups

These 48 accelerators -- led by technology companies, universities, associations and more -- assist technology startups focused on green IT, climate tech, renewable energy, carbon reduction, sustainability & more.

OpenAI CEO Sam Altman, Andreessen Horowitz General Partner Katherine Boyle, and multiple VCs fund Exowatt, a renewable energy startup that wants to offer cost-effective power for generative AI applications and data centers.

Startups such as Coolset, Cozero, BeCause & Sumday reinforce growing venture capital & customer interest in carbon accounting software. Will partner programs emerge?

Hewlett Packard Enterprise (HPE) invests in Greenly to help customers monitor, track, and minimize their carbon footprint within their IT infrastructure.

Podcast: Greenly CEO Alexis Normand explains $52 million in Series B funding & next moves for the startup carbon accounting software company.

Goldman Sachs invests in Divcon Controls -- a systems integrator that helps data centers to monitor, manage, optimize and reduce their energy consumption.

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.