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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 Mar 13, 2023 - Mar 20, 2023
Climatetech firm Aerem has received $5 million in its pre-Series A round of funding led by Avaana Capital
The company helps micro, small, and medium enterprises (MSMEs) in utilising solar energy to cut their electricity bills by up to 70%.
AgriVijay helps farmers earn and save 7000 tons of CO2
From solar water pumps to solar inverters, biogas digesters, solar water heaters, solar cold storage,, and solar dryers, the startup offers more than 200 types of green energy equipment tailored to farm needs and infrastructure set-up.
AIC-IIITH’s social startup Jivoule Biofuels, a Hyderabad-based green energy company to receive Rs 2.5 crore
Jivoule Biofuels founded by Chandrasekhar Nandigama is working to set up a compressed biogas plant in Hyderabad
Boon, a water-tech startup founded by Vibha Tripathi and Advait Kumar to help 500 Villages with Clean Drinking Water
The startup is planting AI-enabled and solar-powered water ATMs across the country.
Loopworm is in the process of building a facility that will be able to produce 2,000 tonnes of insect protein a month
Loopworm is an Agri-Biotechnology company that takes inspiration from nature, to convert organic wastes into valuable products.
Deeptech startup Probus Smart Things has secured $3 Mn from Unicorn India Ventures
The startup will use the capital to strengthen its research and development activities, expand team and grow go-to-market (GTM) partnerships.
Greenamor Ventures is manufacturing plastic-like biopolymers using coir waste
The sustainable venture founded by Ardra Nair in 2021 focuses on eco-packaging while solving the issue of global waste management by upcycling locally available coir.
U-Solar receives investment from BlueOrchard Finance Ltd.
U-Solar is a platform for solar photovoltaic energy, from planning to operation and maintenance of rooftop and ground-mounted solar PV power plants.
Rajat Verma, Founder and CEO of Lohum, talks about the challenges in Li-ion Battery Space
Lohum is a producer of sustainable Li-ion battery raw materials through recycling, repurposing, and low-carbon refining, and deals with integrated battery recycling and reuse.
Nurture.farm partners with SWAL Corporation Ltd
The partnership enables the companies to build smart risk-cover solutions for farmers to ensure financial safety and resilience against weather irregularities.
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
