June 20, 2024


Making a New Home

Black & Veatch tech incubator seeks climate solutions

2 min read

Dive Temporary:

  • Kansas-primarily based engineering and building business Black & Veatch is gearing up for another session of its IgniteX Accelerator, this time hunting for startups “on the reducing edge of local weather technology” that are striving for decarbonization, according to a push launch.
  • The IgniteX Local climate Tech Accelerator program is 12 weeks prolonged and offers startups funding and support, in accordance to the release. The window for applications opened on Sept. 29, and the deadline is Nov. 3.
  • Introduced in 2019, the IgniteX Accelerator system pairs Black & Veatch with picked startups and delivers them alternatives for mentorship, co-advancement of technologies, entry to the company’s network of matter make any difference gurus, go-to-current market assist, investor introductions and up to $50,000 in equity funding, according to the release.

Dive Insight:

The program aims to foster up-and-coming systems that handle weather improve, Black & Veatch claimed in the release. Earlier cohorts of the incubator plan have integrated the CleanTech Accelerator in 2019, and the COVID-19 Accelerator in 2020.

Some inventions and packages that have arrive from these earlier accelerator programs consist of startup Electriphi, a member of the CleanTech cohort that merged with Ford in June to assist provide charging and strength administration companies to Ford’s fleet of electric autos. 

Yet another alum is the NovoNutrients collective, which works to transform greenhouse gas emissions into animal feed. NovoNutrients declared a $4.7 million funding venture from Hong Kong-based mostly global undertaking company Pleasure Capital in July.

In accordance to the IgniteX web-site, this spherical the company is wanting for improvements in:

  • Hydrogen/ammonia
  • Alternative fuels
  • Carbon capture, utilization and storage
  • Consulting, highway mapping, accounting
  • Fugitive methane emissions
  • Renewables/storage/electrical motor vehicles
  • Carbon-neutral building products
  • Mitigation/adaptation
  • Round financial system

“As the entire world faces the escalating impacts of local climate modify, the will need for ingenious decarbonization answers is greater than at any time,” said Ryan Pletka, vice president of innovation and technique at Black & Veatch.

The impacts of climate alter are presently getting felt in most places all over the environment, from the amplified depth and frequency of intense temperature and storms to catastrophic flooding. In September, the Intergovernmental Panel on Local weather Alter (IPCC) launched a report chronicling the injury weather transform has now induced and how urgent action is instantly required to reverse training course.

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