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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology. Meanwhile, REEF Technology and Oaktree are collaborating on a $300 million real estate investment vehicle, the Neighborhood Property Group, as Bloomberg reported on Monday.

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AgBiome lands $166M for safer crop protection technology

TechCrunch

His firm has an impact fund focused on the future of food and began investing in alternative proteins in 2016 before expanding that to delivery systems in agriculture technology, he said. We don’t want to pollute the Earth, but we have to find a way to feed 9 billion people by 2050,” Obloj said.

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Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

TechCrunch

The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . Hydrogen production, storage distribution and utilization will play a role.

Energy 310
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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050. Combined with safe and permanent storage, direct air capture has the potential to get the carbon cycle back in balance,” said Børre Jacobsen, the managing director of Northern Lights, in a statement.

Company 265
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Making Remarkable Energy Grids a Reality

CIO

Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] The future is renewable Growth in energy demand is unlikely to change. EIA , October 2021. [2]

Energy 167
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SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. “We have to double the amount of food we have to create by 2050, and if you look at where there are enough resources to grow food — all signs point to Africa.

Energy 222
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The role of IoT in shaping smart cities

CIO

By 2050, an estimated 68% of the global population will reside in urban environments, placing immense strain on existing infrastructure and resource allocation. Scalable and secure data storage solutions and high-performance computing capabilities are essential for processing massive datasets and generating actionable insights.

IoT 185