Funding for Sustainability and Green IT Startups

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.

Carbon accounting software startup nZero raises $16 million led by Fifth Wall. Will a partner program for sustainability & ESG consultancies emerge?

Raxio Data Centres of Africa lines up $170 million financial loan tied to sustainability and ESG goals.

Private equity & venture capital firm EQT Group invests in IntegrityNext, a sustainability software provider that enables supply chain transparency and regulatory compliance.

BlocPower, which develops a SaaS analytics software platform for the greening of America's buildings, raises Series B funding led by VoLo Earth Ventures, plus Goldman Sachs debt financing.

Connect Earth develops carbon data software tools for sustainable finance. Early partners include Q2, SAP & Thought Machine.