Decarb Weekly 3/14/24

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Chart of the Week: 

U.S. energy transition investment is climbing higher and higher – Canary Media

Recent Market News:

• The U.S. Department of Energy announced on Wednesday (3/13) that it would be allocating $750 million to 52 clean hydrogen projects across 24 states. – Reuters

Transactions:

• 3/13/24: Furno, a startup focused on decarbonizing cement through smaller, modular, and more efficient kilns, raised $6.5 million in seed funding from Energy Capital Ventures. –  TechCrunch
• 3/12/24: CarbonCapture, a leading direct air capture company in the U.S. raised an $80 million Series A led by Prime Movers Lab. The new round of funding will be used to continue technology development and field deployment of direct air capture systems. – PR Newswire
• 3/12/24: Quaise Energy, a deep geothermal startup, raised $21 million in Series A1 financing led by Prelude Ventures and Safar Partners. – Quaise

In-depth Read:
The Case for Carbon Capture and Storage Technologies – MDPI

Podcast:
How can we develop new energy technologies and get them deployed at scale? – Wood Mackenzie

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.