Funding for Sustainability and Green IT Startups

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.

CarbonCents, a sustainability software startup founded by Clemson University team members, develops software that allows customers to measure and analyze a building’s power, temperature, water usage, indoor air quality, and more.

Trane Technologies invests in LiquidStack, a developer of sustainable liquid immersion cooling for data centers.

Microsoft & five other corporate giants -- Nestlé, PepsiCo, SK Group, Starbucks and Unilever -- invest in Circular Services, a startup that's building and expanding recycling infrastructure across the United States.

The collapse of Silicon Valley Bank (SVB) could have financing implications for climate- & green-focused technology startups. Here's why.

Banyan Infrastructure, which develops a sustainable financing software platform, raises $25 million in Series B funding. Climate software investor Energize Ventures led the round.