Groundswell Ventures®

Our work with The AES Corporation discovered the tipping point (just 5%) for AES Indiana when smart management of residential EV charging provides grid-wide benefits and savings (up to $75 million annually) that outweigh costs. Now, we’re sharing the 5-step blueprint to repeat that analysis for any utility service territory. Step 1: Use AMI and GIS data to identify EV locations Step 2: Model future EV adoption Step 3: Establish EV charging coincidence assumptions  Step 4: Assess grid impacts of intervention approaches Step 5: Quantify costs and benefits Replicate this approach and unlock millions in capital flexibility for your utility. Contact us for a 1:1 discussion or try out our interactive demo: https://lnkd.in/gfYgH7qF

It was great to attend the celebration of the Biomanufacturing executive order yesterday where my amazing co-founder, Elizabeth Onderko presented on a panel discussing the importance of government engagement with the biotech ecosystem to help rebuild a robust chemical manufacturing base here in the US.

Claros Technologies, Inc. (“Claros”), Achieves Successful Commercial Pilot of its Disruptive High Throughput PFAS Destruction Technology   Claros is pleased to announce the completion of a successful pilot, demonstrating high-throughput destruction technology for per- and polyfluoroalkyl substances (PFAS) at a major chemical manufacturer/user’s commercial facility. The success of this pilot marks a significant milestone in Claros’ mission to commercialize effective treatment technologies for the elimination of PFAS waste and provides a ground-breaking and disruptive pathway for sustainability in fluoro-material manufacturing and use.  Key Highlights   High Throughput PFAS Destruction:  The Claros PFAS Destruction System achieved total (i.e. >99.99%) destruction performance on all target PFAS species (long, short and ultra-short chain PFAS) under high flow conditions in a commercial manufacturing setting. Claros’ next generation commercial PFAS Destruction system will exceed 45,000 gallons per day capacity using a single reactor unit by 1st quarter 2025. Stay tuned for more details: Going to WEFTEC? Visit us at Booth 1259 in the Innovation Pavillion.

New Report - The Most Promising Companies in Climate Tech "Camus uses artificial intelligence and machine learning to offer utility customers a hub for real-time grid visibility, day-ahead forecasting, and distribution system planning insights"

We are thrilled to share that Capra has been awarded a new $7.5 million, two-year project agreement through the BioMaP-Consortium, giving us the extraordinary opportunity to apply the Capra platform to the important issue of pharmaceutical ingredient shortages. Read the full announcement: https://lnkd.in/eaxHc3ra

Camus has been named a World Economic Forum Technology Pioneer 🎉 We're joining the Forum’s Centre for Energy and Materials Innovator Community to shape industry best practices and inform policies needed to deliver the decentralized, renewable, and ultimately “self-driving” grid that our rapidly electrifying economy needs. Check out WEF’s Innovator Communities and fellow Technology Pioneer members, and stay tuned to see how Astrid Atkinson and the Camus team will be making the most of this unique opportunity. Read more: https://lnkd.in/gNRX3K8a

PFAS is now regulated as a hazardous substance, and industry is aware of liability for contamination. Perfect timing for Claros Technologies Inc.'s unique destruction technology! #environmentalcleanup #pfas Kathryn Moos Ian Netherton, CPA,ABV, CGMA

🌍 Endow Capital's most recent report showcases a significant infusion of over $219 million into the cleantech sector, spotlighting leading firms Roam, LionVolt B.V., Aegir Insights, Camus Energy, and Liliac Solutions. Prominent investors include: Equator Africa, At One Ventures, TES Ventures, Renew Capital, The World We Want, One Small Planet, International Development Finance Corporation (DFC), Seaya Andromeda, Climentum Capital, Congruent Ventures, Wave Capital, Align Impact, Remarkable Ventures Climate fund (RVC), Groundswell Ventures, Mercuria, Lowercarbon Capital, Breakthrough Energy Ventures, T. Rowe Price Association, Inc., Engine Ventures, Aventurine, Presidio Ventures (a Sumitomo Corporation Group Company), BMW i Ventures, Mitsubishi Corporation and The Nature Conservancy. Find out more: https://bit.ly/3wn1Svz #CleantechInvestment #SustainableFinance #EndowCapital #Innovation #GreenTech #SustainableInnovation

A deep thank you to the American Chemical Society, Chemical & Engineering News (C&EN), and Britt E. Erickson for today's headline piece, "Competition to destroy ‘forever chemicals’ heats up." Claros Technologies Inc. is proud to be featured alongside a number of other incredible organizations working to addressing our global persistent PFAS pollution problems. Hear more from CEO and Co-Founder Michelle Bellanca and Co-Founder and SVP of Product Development Dr. John Brockgreitens on why our UV, green chemistry-based solution is poised to make an impact. #PFAS #climateaction #sustainability #foreverchemicals

🎉 We've surpassed $25M in #SeriesA funding with our $10M extension, co-led by existing investors Congruent Ventures and Wave Capital, with participation from new investors Align Impact, Remarkable Ventures Climate fund (RVC), and Groundswell Ventures, alongside Congruent and Wave's Limited Partners. Congruent investor, Abe Yokell, characterizes why investors are keen to double-down with Camus: “Camus’s software unlocks the full potential of both renewable power supply and growing electricity demand for the thousands of utilities managing the momentous challenge of expanding and decarbonizing the grid. It’s a no-regrets, market-leading technology that can be deployed immediately to transform how utilities monitor and manage their grids.” Since our last round, we’ve: 💡 Expanded our customer base to utilities serving 2.9 million end consumers across 9 states 📈 Quintupled (5X) our annual recurring revenue 🔮 Deployed meter-level load forecasting at 1/100th of industry-standard costs This investment allows us to continue to expand our industry-leading collaborations with forward-thinking utilities, delivering a repeatable, data-driven approach to help utilities adapt to the challenges and opportunities within their communities. Thank you to all of our customers, partners, team members, and investors. Read more in Axios: https://lnkd.in/gPU96ab