GreenTech

A UK group of climate activists is planning to fly drones close to Heathrow Airport next month in a direct action they hope will shut down the country’s largest airport for days or even longer. The planned action is in protest at the government’s decision to green-light a third runway at Heathrow. They plan to use small, lightweight “toy” drones, flown at head high (6ft) within a 5km drone ‘no fly’ zone around the airport — but not within flight paths. The illegal drone flights will also be made in the early morning at a time when there would not be any scheduled flights in the air space to avoid any risk of posing a threat to aircraft. The activists point out that the government recently — when it also pledged to reduce carbon emissions to net zero by 2050 — arguing there is no chance of meeting that target if the UK expands current airport capacity. A press spokesman for the group, which is calling itself , told TechCrunch: “Over a thousand child are dying as a result of climate change and ecological collapse — already, every single day. That figure is set to significantly worsen. The government has committed to not just reducing carbon emissions but reducing them to net zero — that is clearly empirically impossible if they build another runway.” The type of drones they plan to use for the protest are budget models which they say can be bought cheaply at UK retailer — which, for example, sells the Sky Viper Stunt Drone for £30; the Revell GO! Stunt Quadcopter Drone for £40; and the Revell Spot 2.0 Quadcopter (which comes with a HD camera) for £50. The aim for the protest is to exploit what the group dubs a loophole in Heathrow’s health and safety protocol around nearby drone flights to force it to close down runways and ground flights. Late last year a spate of drone sightings near the UK’s second busiest airport, Gatwick, led to after the airport responded by grounding flights. At the time, the government was sharply criticized for having failed to foresee weaknesses in the regulatory framework around drone flights near sensitive sites like airports. In the following months it responded by what was then a 1km airport exclusion zone to 5km — with that expanded ‘no fly’ zone coming into force in March. However a wider government plan to table a comprehensive drones bill has faced a number of delays. It’s the larger 5km ‘no fly’ zone that the Heathrow Pause activists are targeting in a way they hope will safely trigger the airport’s health & safety protocol and shut down the airspace and business as usual. Whether the strategy to use drones as a protest tool to force the closure of the UK’s largest airport will fly remains to be seen. A spokeswoman for Heathrow airport told us it’s confident it has “robust plans” in place to ensure the group’s protest does not result in any disruption to flights. However she would not provide any details on the steps it will take to avoid having to close runways and ground flights, per its safety protocol. When we put the airport’s claim of zero disruption from intended action back to Heathrow Pause, its spokesman told us: “Our understanding is that the airport’s own health and safety protocols dictate that they have to ground airplanes if there are any drones of any size flying at any height anywhere within 5km of the airport. “Our position would be that it’s entirely up to them what they do. That the action that we’re taking does not pose a threat to anybody and that’s very deliberately the case. Having said that I’d be surprised to hear that they’re going to disregard their own protocols even if those are — in our view — excessive. It would still come as a surprise if they weren’t going to follow them.” “We won’t be grounding any flights in any circumstances,” he added. “It’s not within our power to do so. All of the actions that have been planned have been meticulously planned so as not to pose any threat to anybody. We don’t actually see that there need to be flights grounded either. Having said that clearly it would be great if Heathrow decided to ground flights. Every flight that’s grounded is that much less greenhouse gas pumped into the atmosphere. And it directly saves lives. “The fewer flights there are the better. But if there are no flights cancelled we’d still consider the action to be an enormous success — purely upon the basis of people being arrested.” The current plan for the protest is to start illegally flying drones near Heathrow on September 13 — and continue for what the spokesman said could be as long as “weeks”, depending on how many volunteer pilots it can sign up. He says they “anticipate” having between 50 to 200 people willing to risk arrest by breaching drone flight law. The intention is to keep flying drones for as long as people are willing to join the protest. “We are hoping to go for over a week,” he told us. Given the plan has been directly communicated to police the spokesman conceded there is a possibility that the activists could face arrest before they are able to carry out the protest — which he suggested might be what Heathrow is banking on. Anyone who flies a drone in an airport’s ‘no fly’ zone is certainly risking arrest and prosecution under UK law. Penalties for the offence range from fines to life imprisonment if a drone is intentionally used to cause violence. But the group is clearly taking pains to avoid accusations the protest poses a safety risk or threatens violence — including by publishing extensive details of their plan online, as well as communicating it to police and airport authorities. A detailed protocol on their sets out the various safety measures and conditions the activists are attaching to the drone action — “to ensure no living being is harmed”. Such as only using drones lighter than 7kg, and giving the airport an hour’s advance notice ahead of each drone flight. They also say they have a protocol to shut down the protest in the event of an emergency — and will have a dedicated line of communication open to Heathrow for this purposes. Some of the activists are scheduled to meet with police and airport authorities tomorrow, face to face, at a London police station to discuss the planned action. The group says it will only call off the action if the Heathrow third runway expansion is cancelled. In an emailed statement in response to the protest, Heathrow Airport told us: We agree with the need to act on climate change. This is a global issue that requires constructive engagement and action. Committing criminal offences and disrupting passengers is counterproductive. Flying of any form of drone near Heathrow is illegal and any persons found doing so will be subject to the full force of the law. We are working closely with the Met Police and will use our own drone detection capability to mitigate the operational impact of any illegal use of drones near the airport. Asked why the environmental activists have selected drones as their tool of choice for this protest, rather than deploying more traditional peaceful direct action strategies, such as trespassing on airport grounds or chaining themselves to fixed infrastructure, the Heathrow Pause spokesman told us: “Those kind of actions have been done in the past and they tend to result in very short duration of time during which very few flights are cancelled. What we are seeking to do is unprecedented in terms of the duration and the extent of the disruption that we would hope to cause. “The reason for drones is in order to exploit this loophole in the health and safety protocols that have been presented to us — that it’s possible for a person with a toy drone that you can purchase for a couple of quid, miles away from any planes, to cause an entire airport to stop having flights. It is quite an amazing situation — and once it became apparent that that was really a possibility it almost seemed criminal not to do it.” He added that drone technology, and the current law in the UK around how drones can be legally used, present an opportunity for activists to level up their environmental protest — “to cause so much disruption with so few people and so little effort” — that it’s simply “a no brainer”. During last year’s Gatwick drone debacle the spokesman said he received many enquiries from journalists asking if the group was responsible for that. They weren’t — but the mass chaos caused by the spectre of a few drones being flown near Gatwick provided inspiration for using drone technology for an environmental protest. The group’s website is hosting video interviews with some of the volunteer drone pilots who are willing to risk arrest to protest against the expansion of Heathrow Airport on environmental grounds. In a statement there, one of them, a 64-year-old writer called Valerie Milner-Brown, said: “We are in the middle of a climate and ecological emergency. I am a law-abiding citizen — a mother and a grandmother too. I don’t want to break the law, I don’t want to go to prison, but right now we, as a species, are walking off the edge of a cliff. Life on Earth is dying. Fires are ravaging the Amazon. Our planet’s lungs are quite literally on fire. Hundreds of species are going extinct every day. We are experiencing hottest day after hottest day, and the Arctic is melting faster than scientists’ worst predictions. “All of this means that we have to cut emissions right now, or face widespread catastrophe on an increasingly uninhabitable planet. Heathrow Airport emits 18 million tons of CO2 a year. That’s more than most countries. A third runway will produce a further 7.3 million tons of CO2. For all Life — now and in the future — we have to take action. I’m terrified but if this is what it will take to make politicians, business leaders and the media wake up, then I’m prepared to take this action and to face the consequences.”
September 03, 2019
Electric-vehicle chargers today are designed for human drivers. and San Francisco-based startup Stable are preparing for the day when humans are no longer behind the wheel. Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over the diesel emissions cheating scandal, is partnering with Stable to test a system that can charge electric vehicles without human intervention. The autonomous electric-vehicle charging system will combine Electrify America’s 150 kilowatt DC fast charger with Stable’s software and robotics. A robotic arm, which is equipped with computer vision to see the electric vehicle’s charging port, is attached to the EV charger. The two companies plan to open the autonomous charging site in San Francisco by early 2020. A rendering of an autonomous electric vehicle charging station. There’s more to this system than a nifty robotic arm. Stable’s software and modeling algorithms are critical components that have applications today, not just the yet-to-be-determined era of ubiquitous robotaxis. While streets today aren’t flooded with autonomous vehicles, they are filled with thousands of vehicles used by corporate and government fleets, as well as ride-hailing platforms like and . Those commercial-focused vehicles are increasingly electric, a shift driven by economics and regulations. “For the first time these fleets are having to think about, ‘how are we going to charge these massive fleets of electric vehicles, whether they are autonomous or not?’ ” Stable co-founder and CEO Rohan Puri told TechCrunch in a recent interview. Stable, a 10-person company with employees from Tesla, EVgo, Faraday Future, Stanford and MIT universities, has developed data science algorithms to determine the best location for chargers and scheduling software for once the EV stations are deployed. Its data science algorithms take into account installation costs, available power, real estate costs as well as travel time for the given vehicle to go to the site and then get back on the road to service customers. Stable has figured out that when it comes to commercial fleets, chargers in a distributed network within cities are used more and have a lower cost of operation than one giant centralized charging hub. Once a site is deployed, Stable’s software directs when, how long and at what speed the electric vehicle should charge. Stable, which launched in 2017, is backed by Trucks VC, Upside Partnership, MIT’s E14 Fund and a number of angel investors, including NerdWallet co-founder and Sidecar co-founder and CEO . The pilot project in San Francisco is the start of what Puri hopes will lead to more fleet-focused sites with Electrify America, which has largely focused on consumer charging stations. Electrify America has said it will invest $2 billion over 10 years in clean energy infrastructure and education. The VW unit has more than 486 electric vehicle charging stations installed or under development. Of those, 262 charging stations have been commissioned and are now open to the public. Meanwhile, Stable is keen to demonstrate its autonomous electric-vehicle chargers and lock in additional fleet customers. “What we set out to do was to reinvent the gas station for this new era of transportation, which will be fleet-dominant and electric,” Puri said. “What’s clear is there just isn’t nearly enough of the right infrastructure installed in the right place.”
August 01, 2019
Ridesharing and transportation platform announced today that it has formed a joint venture with BP, the British gas, oil and energy company, to build electric-vehicle charging infrastructure in China. The charging stations will be available to Didi and non-Didi drivers. The news of Didi and joint venture comes one week after Didi . As part of that deal, Didi and Toyota Motor set up a joint venture with GAC Toyota Motor to provide vehicle-related services to Didi drivers. BP’s first charging site in Guangzhou has already been connected to XAS (Xiaoju Automobile Solutions), which Didi spun out in April 2018 to put all its vehicle-related services into one platform. XAS is part of evolution from a ridesharing company to a mobility services platform, with its services available to other car, transportation and logistics companies. In June, Didi also , enabling its users to request rides from third-party providers in a bid to better compete with apps like Meituan Dianping and AutoNavi, which aggregate several ride-hailing services on their platforms. Didi says it now offers ridesharing, vehicle rental and delivery services to 550 million users and covers 1,000 cities through partnerships with Grab, Lyft, Ola, 99 and Bolt (Taxify). The company also claims to be the world’s largest electric vehicle operator with more than 600,000 EVs on its platform. It also has partnerships with automakers and other car-related companies, like Toyota, FAW, Dongfeng, GAC, Volkswagen and Renault-Nissan-Mitsubishi, to collaborate on a platform that uses new energy and AI-based and mobility technologies. In a press statement, Tufan Erginbilgic, the CEO of BP’s Downstream business, said “As the world’s largest EV market, China offers extraordinary opportunities to develop innovative new businesses at scale and we see this as the perfect partnership for such a fast-evolving environment. The lessons we learn here will help us further expand BP’s advanced mobility business worldwide, helping drive the energy transition and develop solutions for a low carbon world.”
August 01, 2019
has launched a new utility-scale energy storage product called Megapack modeled after the giant battery system it deployed in South Australia as the company seeks to provide an alternative to natural gas “peaker” power plants. Megapack is the third and largest energy storage system offered by Tesla. The company also sells the residential Powerwall and the commercial Powerpack systems. Megapack, which in a blog post, is the latest effort by the company to retool and grow its energy storage business, which is a smaller revenue driver than sales of its electric vehicles. Of the $6.4 billion in total revenue posted in the second quarter, just $368 million was from Tesla’s solar and energy storage product business. Tesla did deploy a record 415 megawatt-hours of energy storage products in the second quarter, an 81% increase from the previous quarter, according to Tesla’s second-quarter earnings report that was released July 24. Powerwalls are now installed at more than 50,000 sites. The Megapack offering could provide an even bigger boost if Tesla can convince utilities to opt for it instead of the more common natural gas peaker plants used today. And it seems it already has. Tesla’s Megapack will provide 182.5 MW of the upcoming 567 MW . The so-called Megapack was specifically designed and engineered to be an easy-to-install utility-scale system. Each system comes fully assembled — that includes battery modules, bi-directional inverters, a thermal management system, an AC main breaker and controls — with up to 3 megawatt-hours of energy storage and 1.5 MW of inverter capacity. The system includes software, developed by Tesla, to monitor, control and monetize the installations, the company said in a blog post announcing Megapack. All Megapacks connect to Powerhub, an advanced monitoring and control platform for large-scale utility projects and microgrids, and can also integrate with Autobidder, Tesla’s machine-learning platform for automated energy trading, the company said. Megapack was inspired by Tesla’s Hornsdale project, which combined its 100 MW Powerpack system with Neoen’s wind farm near Jamestown in South Australia. The Tesla Powerpack system stored power generated by the wind farm and then delivered the electricity to the grid during peak hours. The facility in its first year. Today, the go-to option for utilities are natural gas “peaker” power plants. Peaker power plants are used when a local utility grid can’t provide enough power to meet peak demand, an occurrence that has become more common as temperatures and populations rise. Tesla hopes to be the sustainable alternative. And in states like California, which have ambitious emissions targets, Tesla could gain some ground. Instead of using a natural gas peaker plant, utilities could use the Megapack to store excess solar or wind energy to support the grid’s peak loads.
July 31, 2019
Daniel Wu Contributor is a privacy counsel and legal engineer at . He holds a JD from Harvard University, and is a PhD candidate for Social Policy and Sociology at The Harvard Kennedy School. More posts by this contributor In this section of , I am digging into the 200+ companies impacting the key of developing and managing housing. Innovations have reduced costs in the of the housing development and management process. I explore innovations in each of these phases, including construction, land, regulatory, financing, and operational costs. Reducing Construction Costs This is one of the developers face, by rising building material costs and labor shortages.
May 13, 2019
Cambridge University has proposed setting up a research center tasked with coming up with scalable technological fixes for climate change. The proposed Center for Climate Repair is being coordinated by David King, an emeritus professor in physical chemistry at the university and also the U.K. government’s former chief scientific adviser. Speaking to the BBC this morning, King suggested the scale of the challenge now facing humanity to end greenhouse gas emissions is so pressing that radical options need to be considered and developed alongside efforts to shift societies to carbon neutral and shrink day to day emissions. “What we do over the next 10 years will determine the future of humanity for the next 10,000 years. There is no major centre in the world that would be focused on this one big issue,” he told . In an interview on the BBC Radio 4’s “Today” program, King said the center would need to focus on scalable, low-cost technologies that could be deployed to move the needle on the climate challenge. Suggested ideas it could work to develop include geoengineering initiatives, such as spraying sea water into the air at the north and south poles to reflect sunlight away and refreeze them; using fertilizer to regreen portions of the deep ocean to promote plankton growth; and carbon capture and storage methods to suck up and sequester greenhouse gases so they can’t contribute to accelerating global warming. On the issue of nuclear power, King said interesting work is being done to try to develop viable — but also pointed to untapped capacity in renewable energy technologies, arguing there is an “ability to develop renewables far more than we thought before.” If established, the Center for Climate Repair, would be attached to the university’s new Cambridge Carbon Neutral Futures Initiative, which is a research hub recently set up to link climate-related research work across the university — and “catalyse holistic, collaborative progress towards a sustainable future”, as it . “If [the Center for Climate Repair] goes forward, it will be part of the Carbon Neutral Futures Initiative, which is led by Dr Emily Shuckburgh,” a spokeswoman for the university confirmed. “When considering how to tackle a problem as large, complex and urgent as climate change, we need to look at the widest possible range of ideas and to investigate radical innovations such as those proposed by Sir David,” said Shuckburgh, commenting on the proposal in a statement. “In assessing such ideas we need to explore all aspects, including the technological advances required, the potential unintended consequences and side effects, the costs, the rules and regulations that would be needed, as well as the public acceptability.”
May 10, 2019
Cambridge University has proposed setting up a research center tasked with coming up with scalable technological fixes for climate change. The proposed Center for Climate Repair is being co-ordinated by David King, an emeritus professor in physical chemistry at the university and also the UK government’s former chief scientific adviser. Speaking to the BBC this morning King suggested the scale of the challenge now facing humanity to end greenhouse gas emissions is so pressing that radical options need to be considered and developed alongside efforts to shift societies carbon neutral and shrink day to day emissions. “What we do over the next 10 years will determine the future of humanity for the next 10,000 years. There is no major centre in the world that would be focused on this one big issue,” he told . In an interview on the BBC Radio 4’s Today program, King said the center would need focus on scalable, low cost technologies that could be deployed to move the needle on the climate challenge. Suggested ideas it could work to develop include geoengineering initiatives such as spraying sea water into the air at the north and south poles to reflect sunlight away and refreeze them; using fertilizer to regreen portions of the deep ocean to promote plankton growth; and carbon capture and storage methods to suck up and sequester greenhouse gases so they can’t contribute to accelerating global warming. On the issue of nuclear power King said interesting work is being done to try to develop viable — but also pointed to untapped capacity in renewable energy technologies, arguing there is an “ability to develop renewables far more than we thought before”. If established, the Center for Climate Repair, would be attached to the university’s new Cambridge Carbon Neutral Futures Initiative, which is a research hub recently set up to link climate-related research work across the university — and “catalyse holistic, collaborative progress towards a sustainable future”, as it . “If [the Center for Climate Repair] goes forward, it will be part of the Carbon Neutral Futures Initiative, which is led by Dr Emily Shuckburgh,” a spokeswoman for the university confirmed. “When considering how to tackle a problem as large, complex and urgent as climate change, we need to look at the widest possible range of ideas and to investigate radical innovations such as those proposed by Sir David,” said Shuckburgh, commenting on the proposal in a statement. “In assessing such ideas we need to explore all aspects, including the technological advances required, the potential unintended consequences and side effects, the costs, the rules and regulations that would be needed, as well as the public acceptability.”
May 10, 2019
Even as its solar business declined , is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unheralded part of — overshadowed by its headline-grabbing (and much larger) auto exploits — that chief executive thinks will generate an increasing share of revenue for the company over time. Revenues from its solar power and energy storage business fell by 13 percent from the fourth quarter 2018 and 21 percent from a year ago period, down to $324.7 million from $371.5 million in the fourth quarter of 2018 and $410 million in the year ago quarter. Solar energy deployments fell from 73 megawatts to 47 megawatts from the fourth to the first quarter, the company said. Those figures were offset by a slight increase in solar deployments. The company actually introduced a new financing and purchasing model for solar installations in the second quarter — saying in its shareholder letter that residential solar customers can buy directly from the Tesla website, in standardized capacity increments. “We aim to put customers in a position of cash generation after deployment with only a $99 deposit upfront. That way, there should be no reason for anyone not to have solar generation on their roof,” Musk and chief financial officer wrote in the shareholder letter. Tesla’s battery storage business was hit as the company shifted units from energy storage to installation in its own vehicles. “Energy storage production in the second half of 2018 was limited by cell production as we routed all available Gigafactory 1 cell capacity to supply Model 3,” the company wrote in its letter. “Some Gigafactory 1 cell production has been routed back to the energy storage business, enabling us to increase production in Q1 by roughly 30% compared to the previous quarter.” And Musk thinks that the energy business will grow significantly over the course of the year. “We hope that growth rate will continue and battery storage will become a bigger and bigger percentage over time,” Musk said on an analyst call following the earnings release. Potentially, Tesla thinks its energy business could grow by as much as 300 percent, Musk said.
April 24, 2019
In the nine years since private equity and venture capital investments into sustainable technologies , the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have on life on earth, both corporate and private investors are once again stepping up their commitments to startups in the space. In 2018, global venture capital investment into startups focused on sustainability jumped 127 percent, to $9.2 billion, the highest since 2010, . Powering that boost was a in the smart window maker, , and another $795 million for Chinese electric vehicle firm . In fact, there were no fewer than eight VC/PE financings of Chinese EV specialist companies in 2018, totaling some $3.3 billion. That stark assessment is coming from , and the reality of the danger is being and around the globe. The simple truth is that . And for the past two years, emissions have been increasing as countries continue to use oil and gas and coal to fuel economic growth, even as the global community realizes that carbon emissions are an increasing threat. A recent assessment by the U.S. government put annually by the end of the century. And the financial toll doesn’t begin to assess the cost to the quality of human life and the potential lives that will be lost because of climate-related disasters. This isn’t the first time the world has realized the threat climate change poses. It’s not even the second. Back in 1979 — — the U.S. grappled with how to craft an appropriate response to the coming climate-related crisis. Perhaps unsurprisingly, , and the issue of imminent climate disaster was set aside. Former Vice President picked up the thread in the mid-2000s in the wake of his defeat to the Connecticut Yankee turned Texas oilman George W. Bush in the contested 2000 presidential election. Through advocacy work and the popular climate-focused documentary “An Inconvenient Truth,” Gore was able to proselytize among a group of technocrats looking for the next big thing in the wake of the internet explosion that had transformed professional and personal lives. Venture capital investors flocked to invest in renewable technologies — from biofuels to new solar energy generating technologies to new battery chemistries and beyond. Over the next seven years billion-dollar companies would rise and fall on the back of speculative investment in the promise of a cleaner energy future that would disrupt the oil industry and turn billionaires into multi-billionaires — all while saving the world. It didn’t work out. Problems with scaling technologies beyond a controlled laboratory setting; global economic pressures wrought by an explosion of manufacturing capacity in countries like China; and the hubris of investors who thought that their investment acumen in picking winners of the information age could work just as well in centuries-old industries like oil and gas, or electricity, found themselves floundering in complicated, regulated markets with deep-pocketed incumbents and entrenched interests in promoting the status quo. In the process, investors lost hundreds of millions of dollars in the U.S. alone, and destabilized some of the oldest firms in the investment industry. Now, companies and investors are returning to the market in a major way. Some of the largest businesses in the food and agriculture industry are investing in new companies that are developing protein replacements and novel cultivation technologies; utilities are investing more heavily in smart grid technologies as electrification and microgrids become more real; automakers and battery manufacturers are backing new energy storage technologies; and frontier investors are backing companies tackling everything from biologically based chemical manufacturing to new construction technologies for smart homes and cities, to new kinds of nuclear power that could transform how the world conceives of energy abundance (along with geo-engineering tech to remove carbon from the atmosphere). “In the last few years, the number of technologies ripe for investment has expanded dramatically,” Ravi Manghani, research director for energy storage at Wood Mackenzie, an energy research and consultancy firm,. “It’s no longer just three or four technology verticals.” While none of these technological advancements are a guaranteed solution to the threats carbon emissions pose, or are surefire commercially viable businesses, the fact that investors are once again looking at sustainability as a viable investment thesis — capable of producing multiple billion-dollar businesses — is a good step forward. Any plan to address decarbonization . Failure to confront these challenges would be catastrophic. Even if global warming is restricted to just the 2 degree Celsius target set at the Paris climate agreement, that could mean the extinction of the world’s tropical reefs and several meters of sea-level rise, as . Already the impacts of climate change have meant tens of billions of dollars in damage for the U.S. in 2018 alone. “The era of incrementalism on climate change is over,” said Massachusetts Senator Ed Markey, one of the architects of the “Green New Deal” legislation, . “We are now in the era of the Green New Deal. It’s not going away. It is creating an incentive for governors to do more, for mayors to do more, for companies to do more. The polling says it has political legs that will drive it right into the election of 2020, and when that cycle is done, I think we’re going to see a much greater capacity for us to take the kind of action that we need.”
April 22, 2019
the lunch delivery service that counts companies like Facebook, Postmates and others as customers, has acquired meal delivery service . Financial terms of the deal were not disclosed. Taro’s business model worked by shipping pre-made meals directly to consumers. With the acquisition, however, Taro will no longer serve customers directly. Instead, it will be folded into EAT Club’s corporate program that enables employees to select their individually-packed lunch. “EAT Club is the only food delivery service for businesses that treats eating in the workplace as a personalized culinary experience,” Taro co-founder and CEO Krishna Mehra said in a statement. “When we set out to expand our reach and distribution beyond family dinners, EAT Club emerged as a natural partner with its unique approach of delivering employees individualized selection within a collaborative atmosphere. EAT Club is making it possible for thousands of new workers to experience Taro’s food and flavors, and we are proud to join forces with them in increasing workplace satisfaction.” What attracted to Taro was its emphasis on healthy, authentic meals, and its approach to managing food production and distribution, EAT Club CEO Doug Leeds told TechCrunch. “They’ve built some really interesting things we want to keep competitively secret on the equipment side,” Leeds said. “From top to bottom, we were pretty excited about what we were seeing at Taro. We’re going to take their people, tech, recipes and food production processes, and apply them to our existing customer.” Leeds, the former CEO of IAC Publishing, . Despite his short tenure, this marks the second acquisition under his leadership. Last year, EAT Club . EAT Club has served more than 17 million meals to employees to date, which comes out to about 25,000 meals a day. Given the amount of energy required for that level of production, EAT Club has implemented what it’s calling a Zero Carbon Initiative. Through the initiative, EAT Club will offset its carbon footprint by matching its electricity usage with renewable energy generation. EAT Club also plans to make all of its packaging either recyclable or compostable and support landfill recapture programs. “By far, the biggest carbon impact of our business is in the delivery — the transportation aspect,” Leeds said. “But we wanted to go further than that. In our production, it was in all of the energy we used to cook food. We wanted to see what is the actual carbon footprint of the entire operation.” On the employee-side, EAT Club plans to provide stronger commuter benefits and is looking to move its Los Angeles-based office to a location closer to the metro line, Leeds said. To date, EAT Club has raised more than $46 million from investors like August Capital, Trinity Ventures and Sodexo Ventures.
April 17, 2019
Sila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion. The company, which announced a $170 million funding led by Daimler and a partnership with the famed German automaker, started building out its first production lines for its battery materials last year. That first line is capable of producing the material to supply the equivalent of 50 megawatts of lithium-ion batteries, according to Sila Nano’s chief executive officer Gene Berdichevsky. That construction, made on the heels , is now going to be expanded with the new cash from Daimler and 8VC along with previous investors Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Siemens Next47 and Sutter Hill Ventures. Berdichevsky would not comment on how much production capacity would increase, but did say that the company’s battery materials would find their way into consumer devices before the end of 2020. That means the potential for longer-lasting batteries in smart watches, earbuds and health trackers, initially. From its headquarters in Alameda, Calif., Sila Nanotechnologies has developed a silicon-based anode to replace graphite in lithium-ion batteries. The company claims that its materials can improve the energy density of batteries by 20 percent. “If you can increase energy density by 20 percent… you can use 20 percent fewer cells and each pack can cost 20 percent less,” says Berdichevsky. “The subtext of it is that it is the way to drive price of energy storage down. And that’s the way for the electric vehicle market to sand more and more on its own.” That kind of cost reduction is what brought BMW and Daimler to partner with the company — and what led to the massive funding round and the company’s newfound unicorn status. “Our valuation is over $1 billion dollars now,” Berdichevsky says. Image courtesy of Sila Nanotechnologies For Daimler, the materials that Sila Nanotechnologies are developing will give the company’s commitment to electrification a much needed boost. Mercedes-Benz has plans to electrify its entire product suite by 2022, the company has said. That means Daimler has to accelerate its production of electrified alternatives to its fuel-powered fleet — everything from its 48-volt electrical system (the EQ Boost), to its plug-in hybrids (EQ-Power) and the more than 10 fully electric vehicles powered by batteries or fuel cells. The company is projecting that between 15 percent and 25 percent of its total sales will be electric by 2025 — depending on customer preferences, infrastructure development and the regulatory environment in each of the markets in which it sells vehicles, the company said. In all, Mercedes-Benz cars has committed to investing €10 billion ($11.3 billion) in the production of vehicles and another $1.3 billion into a global battery production network. The global battery production network of Mercedes-Benz Cars will in the future consist of nine factories on three continents. “We are on our way to a carbon free future mobility. While our all-new EQC model enters the markets this year we are already preparing the way for the next generation of powerful battery electric vehicles,” said Sajjad Khan, executive vice president for Autonomous, Shared & Electric Mobility, Daimler AG in a statement. Still, consumers shouldn’t expect to see vehicles with Sila Nano’s technology until at least the mid 2020s, as automakers look to prove that the company’s battery technology meets their quality assurance standards. “The qualification time means there’s many years of work to make sure it is reliable for next 10 to 20 years,” says Berdichevsky. “Our partnership is geared towards mid-2020s production targets, but the qualification is something that takes quite a while.” The company’s latest round brings its total financing to just under $300 million since its launch in 2011. And as a result of the latest funding, former General Electric chief executive will take a seat on the company’s board of directors. “Advancements in lithium-ion batteries have become increasingly limited, and we are fighting for incremental improvements,” said Immelt. “I’ve seen first-hand that this is a huge opportunity that is also incredibly hard to solve. The team at Sila Nano has not only created a breakthrough chemistry, but solved it in a way that is commercially viable at scale.”
April 16, 2019
Electric vehicles, still a small percentage of the total automotive market in the U.S., are beginning to gain ground, according to analysis by IHS Markit. There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017, IHS said Monday. That growth in EVs was heavily concentrated in California, as well as nine other states that have adopted the Zero Emission Vehicle program. California was the first to launch the ZEV program‚ a state regulation that requires automakers to sell electric cars and trucks there. Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont are also ZEV states. California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018, IHS said. California has 59 percent of market share of registered electric vehicles in the U.S. Those numbers are expected to push even higher over the next two years as more electric vehicles come on the market and an increasing number of existing EV owners stick with the technology. More than 350,000 new EVs will be sold in the U.S. in 2020. Those figures will give EVs a still tiny 2 percent share of the total U.S. fleet. By 2025, that figure is expected to rise to more than 1.1 million vehicles sold, or a 7 percent share, according to recent IHS Markit. The Model 3 is the top-selling all-electric in the U.S. so far this year, followed by the Chevy Bolt, Tesla Model X, Tesla Model S and the Nissan Leaf, according to estimates by . More EVs are just now coming onto the market, or about to in the coming months , including the Kia Niro EV and Hyundai Kona EV. Startup Rivian expects to start production in 2020. “A rapid increase in EV nameplates is the catalyst behind the projected growth throughout the next decade,” Devin Lindsay, IHS Markit powertrain analyst said in a statement. “While relatively successful models such as the Tesla Model 3 mature in the market, other traditional automakers will be rolling out not just one EV as we have seen in the past, but multiple models off dedicated EV platforms.” IHS found that loyalty rates for EVs have also increased, with nearly 55 percent of all new EV owners who returned to market during the fourth quarter of 2018 acquiring (purchasing or leasing) another EV, up from 42 percent in the prior quarter.
April 16, 2019
The days when you could simply grow a basil plant from a seed by placing it on your windowsill and watering it regularly are gone — there’s no point now that machine learning-optimized hydroponic “cyber-agriculture” has produced a superior plant with more robust flavors. The future of pesto is here. This research didn’t come out of a desire to improve sauces, however. It’s a study from MIT’s Media Lab and the University of Texas at Austin aimed at understanding how to both improve and automate farming. In the study, , the question being asked was whether a growing environment could find and execute a growing strategy that resulted in a given goal — in this case, basil with stronger flavors. Such a task is one with numerous variables to modify — soil type, plant characteristics, watering frequency and volume, lighting, and so on — and a measurable outcome: concentration of flavor-producing molecules. That means it’s a natural fit for a machine learning model, which from that variety of inputs can make a prediction as to which will produce the best output. “We’re really interested in building networked tools that can take a plant’s experience, its phenotype, the set of stresses it encounters, and its genetics, and digitize that to allow us to understand the plant-environment interaction,” . The better you understand those interactions, the better you can design the plant’s lifecycle, perhaps increasing yield, improving flavor, or reducing waste. In this case the team limited the machine learning model to analyzing and switching up the type and duration of light experienced by the plants, with the goal of increasing flavor concentration. A first round of nine plants had light regimens designed by hand based on prior knowledge of what basil generally likes. The plants were harvested and analyzed. Then a simple model was used to make similar but slightly tweaked regimens that took the results of the first round into account. Then a third, more sophisticated model was created from the data and given significantly more leeway in its ability to recommend changes to the environment. To the researchers’ surprise, the model recommended a highly extreme measure: Keep the plant’s UV lights on 24/7. Naturally this isn’t how basil grows in the wild, since, as you may know, there are few places where the sun shines all day long and all night strong. And the arctic and antarctic, while fascinating ecosystems, aren’t known for their flavorful herbs and spices. Nevertheless the “recipe” of keeping the lights on was followed (it was an experiment, after all), and incredibly, this produced a massive increase in flavor molecules, doubling the amount found in control plants. “You couldn’t have discovered this any other way,” said co-author John de la Parra. “Unless you’re in Antarctica, there isn’t a 24-hour photoperiod to test in the real world. You had to have artificial circumstances in order to discover that.” But while a more flavorful basil is a welcome result, it’s not really the point. The team is more happy that the method yielded good data, validating the platform and software they used. “You can see this paper as the opening shot for many different things that can be applied, and it’s an exhibition of the power of the tools that we’ve built so far,” said de la Parra. “With systems like ours, we can vastly increase the amount of knowledge that can be gained much more quickly.” If we’re going to feed the world, it’s not going to be done with amber waves of grain, i.e. with traditional farming methods. Vertical, hydroponic, computer-optimized — we’ll need all these advances and more to bring food production into the 21st century.
April 03, 2019
Lindsey Allen Contributor Lindsey Allen is executive director of . The Green New Deal brings much-needed urgency to the national conversation around the climate crisis, which is without a doubt the biggest threat to life on this planet. The recent resolution introduced into Congress by Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey rightly calls for a significant overhaul of our economic system that would drastically reduce greenhouse gas emissions and pollution, alongside a Just Transition framework that would create high-quality jobs while correcting historical racial and economic injustices. While I applaud the direction proposed in the Green New Deal resolution, it simply does not go far enough. The hard truth is that we must keep more fossil fuels in the ground. Not only that, we must redouble our efforts to keep forests standing — a critical yet oft-overlooked factor in the only promising equations to stop climate catastrophe. There are two promising paths toward a solution: cut off the billions of dollars still flowing into fossil fuel extraction and expansion; and strengthen the rights of indigenous and frontline communities, which has consistently been proven to be one of the most efficient ways to properly manage forests and natural resources. On October 8, 2018, the UN Intergovernmental Panel on Climate Change’s (IPCC) was released — and it did not pull any punches. The report clearly states that if global temperatures rise by 1.5° Celsius, the impacts will be much worse than previously predicted. The report also said that to have a reasonable chance of staying under 1.5° we must immediately embark on an unprecedented global effort to reshape our economic priorities over the next 12 years. As the biggest carbon polluter in history, the U.S. largely owns this problem — therefore we must lead in the solution. If you’re in a hole and you want to get out, stop digging. Regrettably, recent remarks by Senator Feinstein and House Speaker Pelosi dismissing the Green New Deal show that even those often considered allies in the fight against catastrophic climate change are unwilling to marry urgency with action. “If we wait until 2050 to make change, then our Earth is going to die. We will quite literally have an apocalypse,” 16-year-old Isha Clarke, one of the youths who confronted Sen. Feinstein asking for her support of a Green New Deal. The bottom line is that we need politicians to stand up and fight back against the corporate special interest groups that are compromising our future. The science is clear. Emissions just from the oil, gas and coal reserves already in production would take the world well beyond 1.5° Celsius. And standing forests, particularly tropical forests, are under constant threat of destruction for profit — despite the fact that they are some of the best protection against climate change that we have (intact forests act as critical carbon sinks, keeping carbon out of our atmosphere). If you’re in a hole and you want to get out, stop digging. We need an immediate end to the expansion of fossil fuel extraction and infrastructure and an end to deforestation. In-depth research makes clear that Wall Street banks, insurance companies and other into the same companies that have been shamelessly profiting off climate destruction for decades. The Green New Deal calls for “achiev[ing] net-zero greenhouse gas emissions” through measures that include “meeting 100 percent of the power demand in the U.S. through clean, renewable, and zero-emission energy sources” within 10 years, and restoring and protecting natural ecosystems that would remove greenhouse gases from the atmosphere, support climate resiliency, and enhance biodiversity. The resolution requires “obtaining the free, prior, and informed consent of indigenous peoples for all decisions that affect indigenous peoples and their traditional territories, honoring all treaties and agreements with indigenous peoples, and protecting and enforcing the sovereignty and land rights of indigenous peoples.” This is a solid start to this very necessary conversation. However, “net zero” could imply a continuation of fossil fuel production and use. For example, if corporations are allowed to cancel out their emissions with wrongheaded geoengineering schemes and tradeable carbon offsets, we will be in the same hole. Without an explicit commitment to keep fossil fuels in the ground, the resolution as currently written falls short. Achieving the goals of the Green New Deal must also go hand in hand with transforming the financial sector. Banks like JPMorgan Chase must no longer be allowed to profit from financing the construction of tar sands pipelines and the destruction of rainforests for palm oil, endangering the livelihoods of indigenous communities in its wake. They need to be held accountable for the damage done to people and the planet. And they need to rapidly shift their financing to solar and wind power; energy storage and grid modernization; electrification of transport, heating and industrial processes; and energy efficiency, which are all key technologies in achieving the goals of the Green New Deal.
April 02, 2019
What lies beneath the murky depths? SolarCity co-founder Peter Rive wants to help you and the scientific community find out. He’s just led a $7 million Series A for , a new startup formed from a merger he orchestrated between underwater drone maker and sea sensor developer . Together, they’re teaming up their 1080p Trident drone and solar-powered Spotter sensor to let you collect data above and below the surface. They can help you shoot awesome video footage, track waves and weather, spot fishing and diving spots, inspect boats or infrastructure for damage, monitor acquaculture sites, or catch smugglers. SoFar’s Trident drone (left) and Spotter sensor (right) “Aerial drones give us a different perspective of something we know pretty well. Ocean drones give us a view at something we don’t really know at all” former Spoondrift and now SoFar CEO Tim Janssen tells me. “The Trident drone was created for field usage by scientists and is now usable by anyone. This is pushing the barrier towards the unknown.” But while Rive has a soft-spot for the ecological potential of DIY ocean exploration, the sea is crowded with competing drones. There are more expensive professional research-focused devices like the Saildrone, DeepTrekker, and SeaOtter-2 as well as plenty of consumer-level devices like the $800 Robosea Biki, $1000 Fathom ONE, and $5000 iBubble. The $1700 SoFar Trident, which requires a cord to a surface buoy to power its 3 hours of dive time and 2 meters per second speed, sits in the middle of the pack, but SoFar co-founder David Lang things Trident can win with simplicity, robustness, and durability. The question is whether SoFar can become the DJI of the water, leading the space, or if it will become just another commoditized hardware maker drowning in knock-offs. From left: Peter Rive (Chairman of Sofar), David Lang (Co-founder of OpenRov), and Tim Janssen (Co-founder & CEO of Sofar) Spoondrift had launched in 2016 and raised $350,000 to build affordable ocean sensors that can produce climate tracking data. “These buoys (Spotters) are surprisingly easy to deploy, very light and easy to handle, and can be lowered in the water by hand using a line. As a result, you can deploy them in almost any kind of conditions” says Dr. Aitana Forcén-Vázquez of MetOcean Solutions. OpenROV (it stands for Remotely Operated Vehicle) started seven years ago and had raised $1.3 million in funding from True Ventures and National Geographic, which was also one of its biggest Trident buyers. “Everyone who has a boat should have an underwater drone for hull inspection. Any dock should have its own weather station with wind and weather sensors” SoFar’s new chairman Rive declares. Spotter could unlock data about the ocean at scale SoFar will need scale to accomplish Rive’s mission to get enough sensors in the sea to give us more data on the progress of climate change and other ecological issues. “We know very little about our oceans since we have so little data because putting systems in the ocean is extremely expensive. It can cost millions for sensors and for boats” he tells me. We gave everyone GPS sensors and cameras and got better maps. The ability to put low-cost sensors on citizens’ rooftops unlocked tons of weather forecasting data. That’s more feasible with Spotter, which costs $4900 compared to $100,000 for some sea sensors. SoFar hardware owners do not have to share data back to the startup, but Rive say many customers are eager to. They’ve requested better data portability so they can share with fellow researchers. The startup believes it can find ways to monetize that data in the future, which is partly what attracted the funding from Rive plus fellow investors True Ventures and David Sacks’ Craft Ventures. The funding will build up that data business and also help SoFar develop safeguards to make sure its Trident drones don’t go where they shouldn’t. That obviously important given London’s airport shutdown due to a trespassing drone. Spotter can relay weather conditions and other climate data to your phone “The ultimate mission of the company is to connect humanity to the ocean as we’re mostly conservationists at heart” Rive concludes. “As more commercialization and business opportunities arise, we’ll have to have conversations about whether those are directly benefiting the ocean. It will be important to have our moral compass facing in the right direction to protect the earth.”
March 27, 2019
Heathcare kiosks, a home-cooked food marketplace, and a way for startups to earn interest on their funding topped our list of high-potential companies from Y Combinator’s Winter 2019 Demo Day 2. on stage at the lauded accelerator, though some of the best . Be sure to check out plus, as well as. But now, after asking investors and conferring with the TechCrunch team, here are our 9 favorites from day 2. Two months ago, California passed the first law in the country legalizing the sale of home cooked food. Shef creates a marketplace where home chefs can find nearby customers. Shef’s meals cost around $6.50 compared to $20 per meal for traditional food delivery, and the startup takes a 22 percent cut of every transaction. It’s been growing 50 percent week over weekthanks to deals with large property management companies that offer the marketplace as a perk to their residents. Shef wants to be the Airbnb of home cooked food. Why we picked Shef: Deregulation creates gold rush opportunities and Shef was quick to seize this one, getting started just days after the law passed. Food delivery is a massive megatrend but high costs make it unaffordable or a luxury for many. If a parent is already cooking meals for their whole family, it takes minimal effort to produce a few extra portions to sell to the neighbors at accessible rates. This startup automates the collection process of unpaid construction invoices. Construction companies are often forced to pay for their own jobs when customers are late on payments. According to Handle, there are $104 billion in unpaid construction invoices every year. Handle launched six weeks ago and is currently collecting $22,800 in monthly revenue. The founders previously launched an Andreessen Horowitz-backed company called Tenfold. Why we picked Handle: Construction might seem like an unsexy vertical, but it’s massive and rife with inefficiencies this startup tackles. Handle helps contractors demand payments, instantly file liens that ensure they’re compensated for work or materials, or exchange unpaid invoices for cash. Even modest fees could add up quickly given how much money moves through the industry. And there are surely secondary business models to explore using all the data Handle collects on the construction market. This pediatric telemedicine company provides medical care instantly to families. Blueberry provides constant contact, the ability to talk to a pediatrician 24/7 and at-home testing kits for a total of $15 per month. They’ve just completed a paid consumer pilot and say they were able to resolve 84 percent of issues without in-person care. They’ve partnered with insurance providers to reduce ER visits. Why we picked Blueberry: Questionable emergency room visits are a nightmare for parents, a huge source of unnecessary costs, and a drain on resources for needy patients. Parents already spend so much time and money trying to keep their kids safe that this is a no-brainer subscription. And the urgent and emotional pull of pediatrics is a smart wedge into telemedicine for all demographics. Led by a team of YC alums behind Raven, an AI startup acquired by Baidu in 2017, rct studio is a creative studio for immersive and interactive film. The platform provides a real time “text to render “engine (so the text “A man sits on a sofa” would generate 3D imagery of a man sitting on a sofa) that supports mainstream 3D engines like Unity and Unreal, as well as a creative tool for film professionals to craft immersive and open-ended entertainment experiences called Morpheus Engine. Why we picked rct studio: Netflix’s Bandersnatch was just the start of mainstream interactive film. With strong technology, an innovative application, and proven talent, rct could become a critical tool for creating this kind of media. And even if the tech falls short of producing polished media, it could be used for storyboards and mockups. Provides “Apple level” treasury services to startups. Startups are raising a lot of money with no way to manage it, says Interprime. They want to help these businesses by managing these big investments by helping them earn interest on their funding while retaining liquidity. They take a .25 percent advisory fee for all the investment they oversee. So far, they have $10 million in investment capital they are servicing. Why we picked Interprime: The explosion of early stage startup funding evidenced by Y Combinator itself has created new banking opportunities. Silicon Valley Bank is ripe for competition and Interprime’s focus on startups could unlock new financial services. With Interprime’s YC affiliation, it has access to tons of potential customers. Nabis is tackling the cannabis shipping and logistics business, working with suppliers to ship out goods to retailers reliably. It’s illegal for FedEx to ship weed so Nabis has swooped in and is helping ship and connect while taking cuts of the proceeds, a price the suppliers are willing to pay due to their 98 percent on-time shipping record. Why we picked Nabis: Quirky regulation creates efficiency gaps in the marijuana business where incumbents can’t participate since they’re not allowed to handle the flower. As more states legalize and cannabis finds its way into more products, moving goods from farm to processor to retailer could spawn a big market for Nabis with a legal moat. It’s already working with many top marijuana brands, and could sell them additional services around business intelligence and distribution. This startup measures weather damage for insurance companies. WeatherCheck has secured $4.7 million in annual bookings in the five months since it launched to help insurance carriers reduce their overall claims expense. To use the service, insurers upload data about their properties. WeatherCheck then monitors the weather and sends notifications to insurance companies, if, for example, a property has been damaged by hail. Why we picked WeatherCheck: Extreme weather is only getting worse due to climate change. With 10.7 million US properties impacted by hail damage in 2017, WeatherCheck has found a smart initial market from which to expand. It’s easy to imagine the startup working on flood, earthquake, tornado, and wildfire claims too. Insurance is a fierce market, and old-school providers could get a leg up with WeatherCheck’s tech. Upsolve wants to help low-income individuals file for bankruptcy more easily. The non-profit service gets referral fees from pointing non low-income families to bankruptcy lawyers and is able to offer the service for free. The company says that medical bills, layoffs and predatory loans can leave low-income families in dire situations and that in the last 6 months, their non-profit has alleviated customers from $24 million in debt. Why we picked Upsolve: Financial hardship is rampant. With the potential for another recession and automation threatening jobs, many families could be at risk for bankruptcy. But the process is so stigmatized that some people avoid it at all costs. Upsolve could democratize access to this financial strategy while inserting itself into a lucrative transaction type. This startup makes health kiosks for India, meant to be installed in train stations. Co-founder Joginder Tanikella says that there are 600,000 preventable deaths in India as many in the region don’t get regular doctor checkups. “But everyone takes trains,” he says. Their in-station kiosk measures 21 health parameters. The company made $28,000 in revenue last month. Charging $1 per test, Tanikella says each machine pays for itself within 3 months. In the future, the kiosks will allow them to sell insurance and refer users to doctors. Why we picked Pulse: Telemedicine can’t do everything, but plenty of people around the world can’t make it in to a full-fledged doctor’s office. Pulse creates a mid-point where hardware sensors can measure body fat, blood pressure, pulse, and bone strength to improve accuracy for diagnosing diabetes, osteoarthritis, cardiac problems, and more. Pulse’s companion app could spark additional revenue streams, and there’s clearly a much bigger market for this than just India. — More Y Combinator coverage from TechCrunch: Additional reporting by Kate Clark, Lucas Matney, and Greg Kumparak
March 22, 2019
Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear. According to a recent report published by – a VC and investing marketplace focused on the agriculture and food sectors – the “AgriFood” space is booming. Using data from Crunchbase and several other data partners, the organization published its “” this morning, finding that investment in AgriFood companies increased 43% year-over-year, reaching $16.9 billion in 2018. classifies AgriFood tech as “the small but growing segment of the startup and venture capital universe that’s aiming to improve or disrupt the global food and agriculture industry.” Their definition is intentionally broad, encompassing everything from crop and livestock biotech, property management systems, and payments, to biomaterials and meat alternatives, all the way up to tech platforms for restaurants, grocers, deliveries and at-home cooks. While some of the AgriFood tech categories – such as delivery or restaurant software – have long been popular destinations for venture capital, we’re now seeing a more diverse array of startups innovating across the entire food supply chain. According to the report, expansion in AgriFood is fairly consistent across upstream (agricultural and farming) subsectors to downstream (more consumer-facing) subsectors, with each group growing roughly 44% and 42% year-over-year respectively. The data also shows growth occurring across almost all deal stages. AgriFood saw huge increases in the average deal size and total investment for late-stage companies in particular, as venture-backed startups have grown to global scale. And penetrating and attracting capital from international markets seems more feasible than ever. AgriFood investing, which traditionally has been largely US-centric, is rapidly becoming a global phenomenon, with more than half of total funding – and some of the largest rounds – now coming from companies and investors outside the US.
March 07, 2019
Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear. According to a recent report published by – a VC and investing marketplace focused on the agriculture and food sectors – the “AgriFood” space is booming. Using data from Crunchbase and several other data partners, the organization published its “” this morning, finding that investment in AgriFood companies increased 43% year-over-year, reaching $16.9 billion in 2018. classifies AgriFood tech as “the small but growing segment of the startup and venture capital universe that’s aiming to improve or disrupt the global food and agriculture industry.” Their definition is intentionally broad, encompassing everything from crop and livestock biotech, property management systems, and payments, to biomaterials and meat alternatives, all the way up to tech platforms for restaurants, grocers, deliveries and at-home cooks. While some of the AgriFood tech categories – such as delivery or restaurant software – have long been popular destinations for venture capital, we’re now seeing a more diverse array of startups innovating across the entire food supply chain. According to the report, expansion in AgriFood is fairly consistent across upstream (agricultural and farming) subsectors to downstream (more consumer-facing) subsectors, with each group growing roughly 44% and 42% year-over-year respectively. The data also shows growth occurring across almost all deal stages. AgriFood saw huge increases in the average deal size and total investment for late-stage companies in particular, as venture-backed startups have grown to global scale. And penetrating and attracting capital from international markets seems more feasible than ever. AgriFood investing, which traditionally has been largely US-centric, is rapidly becoming a global phenomenon, with more than half of total funding – and some of the largest rounds – now coming from companies and investors outside the US.
March 07, 2019
We all know climate change is affecting weather systems and ecosystems around the world, but exactly how and in what way is still a topic of intense study. New simulations made possible by higher-powered computers suggest that cloud cover over oceans may die off altogether once a certain level of CO2 has been reached, accelerating warming and contributing to a vicious cycle. details the new, far more detailed simulation of cloud formation and the effects of solar radiation thereupon. The researchers, from the California Institute of Technology, explain that previous simulation techniques were not nearly granular enough to resolve effects happening at the scale of meters rather than kilometers. These global climate models seem particularly bad at predicting the stratocumulus clouds that hover over the ocean — and that’s a big problem, they noted: As stratocumulus clouds cover 20% of the tropical oceans and critically affect the Earth’s energy balance (they reflect 30–60% of the shortwave radiation incident on them back to space1), problems simulating their climate change response percolate into the global climate response. A more accurate and precise simulation of clouds was necessary to tell how increasing temperatures and greenhouse gas concentrations might affect them. That’s one thing technology can help with. Thanks to “advances in high-performance computing and large-eddy simulation (LES) of clouds,” the researchers were able to “faithfully simulate statistically steady states of stratocumulus-topped boundary layers in restricted regions.” A “restricted region” in this case means the 5×5-km area simulated in detail. The improved simulations showed something nasty: when CO2 concentrations reached about 1,200 parts per million, this caused a sudden collapse of cloud formation as cooling at the tops of the clouds is disrupted by excessive incoming radiation. Result (as you see at top): clouds don’t form as easily, letting more sun in, making the heating problem even worse. The process could contribute as much as 8 or 10 degrees to warming in the subtropics. Naturally there are caveats: simulations are only simulations, though this one predicted today’s conditions well and seems to accurately reflect the many processes going on inside these cloud systems (and remember — inherent error could be against us rather than for us). And we’re still a ways off from 1,200 PPM; — but steadily increasing. So it would be decades before this took place, though once it did it would be catastrophic and probably irreversible. On the other hand, major climatic events like volcanoes can temporarily but violently change these measures, as has happened before; the Earth has seen such sudden jumps in temperature and CO2 levels before, and the feedback loop of cloud loss and resulting warming could help explain that. ( with more context and background if you’re interested.) The researchers call for more investigation into the possibility of stratocumulus instability, filling in the gaps they had to estimate in their model. The more brains (and GPU clusters) on the case, the better idea we’ll have of how climate change will play out in specific weather systems like this one.
February 25, 2019
The clean energy boffins in their labs are always upping the theoretical limit on how much power you can get out of sunshine, but us plebes actually installing solar cells are stuck with years-old tech that’s not half as good as what they’re seeing. This new design from Insolight could be the one that changes all that. is a spinoff from the École Polytechnique Fédérale de Lausanne, where they’ve been working on this new approach for a few years — and it’s almost ready to hit your roof. Usually solar cells collect sunlight on their entire surface, converting it to electricity at perhaps 15-19 percent efficiency — meaning about 85 percent of the energy is lost in the process. There are more efficient cells out there, but they’re generally expensive and special-purpose, or use some exotic material. One place people tend to spare no expense, however, is in space. Solar cells on many satellites are more efficient but, predictably, not cheap. But that’s not a problem if you only use just a tiny amount of them and concentrate the sunlight on those; . Small but very high-efficiency cells are laid down on a grid, and above that is placed a honeycomb-like lens array that takes light and bends it into a narrow beam concentrated only on the tiny cells. As the sun moves, the cell layer moves ever so slightly, keeping the beams on target. They’ve achieved as high as 37 percent efficiency in tests, and 30 percent in consumer-oriented designs. That means half again or twice the power from the same area as ordinary panels. Certainly this adds a layer or two of complexity to the current mass-manufactured arrays that are “good enough” but far from state of the art. But the resulting panels aren’t much different in size or shape, and don’t require special placement or hardware, such as a concentrator or special platform. And a recently completed pilot test on an roof was passed with flying colors. “Our panels were hooked up to the grid and monitored continually. They kept working without a hitch through heat waves, storms and winter weather,” said Mathiu Ackermann, the company’s CTO, in an EPFL news release. “This hybrid approach is particularly effective when it’s cloudy and the sunlight is less concentrated, since it can keep generating power even under diffuse light rays.” The company is now in talks with solar panel manufacturers, whom they are no doubt trying to convince that it’s not that hard to integrate this tech with their existing manufacturing lines — “a few additional steps during the assembly stage,” said Ackermann. Expect Insolight panels to hit the market in 2022 — yeah, it’s still a ways off, but maybe by then we’ll all have electric cars too and this will seem like an even better deal.
February 19, 2019