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WeeklyHello all -
Welcome to this edition of CLIMAFIX Weekly, the newsletter that provides updates and insights on the Indian climate tech startup & innovation ecosystem.
Here are the updates for this edition, for the period Feb 12, 2023 - Feb 19, 2023
Loom Solar has raised $2 Mn funding from US based Social Investment Managers and Advisors (SIMA)
Loom Solar is a start-up, a manufacturer of solar panels and Lithium batteries based out of Faridabad, Haryana.
StepChange, helps companies reduce their Scope 3 emissions
StepChange has offered 3 solutions like a SaaS product - an ESG management tool, a product lifecycle impact analysis tool and mobile app-based solutions that gamifies sustainability-oriented habits.
Newtrace to develop a new class of "membraneless" electrolysers for the "green hydrogen" market
Prasanta Sarkar and Rochan Sinha are working to reduce the cost of “green hydrogen” to a level comparable to that of the “grey hydrogen” made from natural gas.
Chennai- based startup Garuda Aerospace unveils SURAJ, a solar-powered unmanned reconnaissance aerial J-Glider
SURAJ is an ISR high-altitude drone designed specifically for surveillance operations, providing real-time information to the high command and protecting jawans on the ground.
EV startup FreshBus secures INR 26 Cr in seed funding from ixigo
Founded in 2019 by Sudhakar Reddy Chirra, FreshBus manages a full-stack platform for noise-free electric buses.
Vikas Aggarwal, Founder & MD, Ipower Batteries Pvt Ltd talks about lithium batteries
Ipower manufactures Lithium-Ion Batteries usingNMC and LFP cells, & has developed BMS software for providing IoT solutions and remote control features.
Vayve Mobility to launch solar-powered electric car Eva in the market in 2024
The car contains 150 watt solar panels on the sunroof that can give it 10-12 km of range everyday or 3,000 km a year.
Zerocircle turns seaweed into eco-friendly, low-cost plastic alternatives for packaging
The packaging is soluble and dissolves in the ocean without leaving any microplastic causing no harm to the biodiversity.
Amp Energy India commissions 5 MW solar power project for pharma company BSV
This partnership will service about 65% of BSV’s annual energy needs that will help it achieve 35% savings on its overall energy costs on a year-on-year basis.
Shroff Industries turns banana waste into eco-friendly handicrafts
The startup makes banana fibre out of the stems, which is later turned into baskets, planters, ropes, bags, brooms, yoga mats, mats, wall clocks etc.
Thank you for reading this edition of the CLIMAFIX Weekly. For feedback & suggestions, please send a note to ask@climafix.in
Narasimhan Santhanam (Narsi), Co-founder, CLIMAFIX
