Decarbonization Weekly

Decarb Weekly 7/11/24

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: 

Grid-scale storage continues to advance ahead of projections – U.S. Energy Information Administration 

Recent Market News:

  • Global venture funding for climate startups, a once shining beacon among a struggling venture landscape, has struggled in the first half of 2024. – WSJ
  • The U.S. has issued its initial approval for its ninth offshore wind project. The project consists of two farms 8.7 miles off New Jersey and expects to power nearly one million homes in the state. – RigZone
  • Waterous Energy Fund-backed Strathcona Resources is partnering with the Canada Growth Fund to develop $1.47 billion in carbon-capture projects. – WSJ


  • 7/9/24: NovoNutrients, a startup aimed at turning carbon dioxide into protein for human and animal consumption, has raised an $18 million Series A. – TechCrunch
  • 7/8/24: Orion Infrastructure Capital has raised an oversubscribed Infrastructure Growth Fund with over 60% of the $370 million already committed. – Business Wire 
  • 7/5/24: Cambridge Electric Cement, a low carbon, recycled cement start-up, announced a ¬£2.25 million seed round. – World Cement
  • 6/25/24: Boulder-based Travertine Technologies, a startup reducing waste and emissions in mining, fertilizer, and cement production has raised $8.5 million in funding. – Cision 

Long Read:
A weak $11.3bn start to 2024 – CTVC

How Lab-Grown Cotton can Decarbonize Textiles – Climate Rising | Harvard Business School

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.

Go back