The company is one of the largest pay-as-you-go solar providers, selling its Sun King line of solar products to five million off-grid households in 62 countries. U.K.-based private equity firm Apis Partners led the debt-and-equity funding as an equity partner with Eight Roads Ventures and Bamboo Capital. The debt portion includes commitments from Deutsche Bank, Global
Even experts can’t agree on what the future of artificial intelligence holds. Will it liberate or destroy us? In an effort to ground this speculative discussion in real data, Stanford University’s One Hundred Year Study on Artificial Intelligence has developed an AI Index to track, distill and visualize what is known about AI. Among the indicators:
The Maine-based startup runs a 6,000-square-foot greenhouse where it grows greens and tilapia. The undisclosed investors are supporting a new 8,000-square-foot facility that will grow crops with 90% to 95% less water than conventional agriculture, Springworks says. Investors are backing ventures in both indoor agriculture and sustainable fisheries as ways to secure the global food supply.
Farmer Finance A fleet could cover up to 150 acres per day PC: The Drone News The Israeli agtech venture capital firm made an undisclosed investment in Skyx. The startup’s software helps agricultural drone users to operate a “fleet” of drones, rather than one at a time. Drones can allow for more controlled and precise pesticide and chemical application
Climate Finance A recent report found that 30% of India’s premature deaths are attributable to air pollution. PC: Time A recent report found that 30% of India’s premature deaths are attributable to air pollution. In Delhi, one in three children have impaired lungs. Pune-based Strata Enviro makes and installs commercial air pollution monitors for airports,
Virginia entrepreneurs have a new, one-stop-shop to access capital needed to start and grow their businesses. Virginia is for Entrepreneurs, announced today by Virginia Gov. Terry McAuliffe and Sen. Mark Warner, is a statewide, private-sector led initiative to connect Virginia startup founders with investors seeking local investment opportunities. Rather than find and pitch potential investors
Greetings, ImpactAlpha readers! #Featured: ImpactAlpha Original One Planet: Macron mobilizes capital for climate action, with a French accent. President Emmanuel Macron of France is moving to fill the vacuum in climate action leadership left by President Trump — and to position France at the center of a global capital shift. Macron’s “One Planet” summit Tuesday will mark