FEATURED
Masters in Business: Shomik Dutta
January 18, 2024
Press
The latest on Overture and Overture portfolio companies
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Meet The Rio Tinto Backed Startups Set To Decarbonize And Transform Mining
OCTOBER 15, 2024 - Endolith increases copper recovery from low-grade ores in heap leaches by harnessing microbial communities, synthetic biology techniques, and a cloud-native platform.
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Colgate, Amazon Report ‘History-Making’ Progress with AI for Recycling
OCTOBER 15, 2024 - AI provider Glacier develops custom programs for Colgate and Amazon to detect tube and bioplastic packaging, respectively, as it makes its way through MRF sorting systems.
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Watch this robot expertly take apart electronics so they can be used again
OCTOBER 14, 2024 - Molg, a startup that just raised a seed round of funding from Amazon and others, wants to make the electronics industry circular
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The Cool New Landing Spot for D.C. Insiders: Climate Tech
SEPTEMBER 24, 2024 - From White House to green VC.
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Clean Start: Startups experiment how to trap carbon dioxide with rock dust
SEPTEMBER 24, 2024 - CNBC’s Diana Olick reports on a new effort to limit carbon emissions.
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Eion Signs Deal to Deliver Carbon Removal Credits to Microsoft
SEPTEMBER 24, 2024 - Company raises Series A extension funding to further accelerate commercialization efforts. Enhanced weathering process will deliver 8,000 tons of CO2 removal over five years.
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Thor and Harbinger’s new hybrid RV will let you spend more time at the campsite
SEPTEMBER 23, 2024 - Harbinger announced Monday that it has developed its first hybrid powertrain for an RV made by customer Thor Industries with 500 miles of range.
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Endolith is using ‘Olympic-caliber’ copper microbes to address the copper shortage
SEPTEMBER 5, 2024 - The stealthily operating startup thinks it can narrow the gap by helping miners extract more copper from their mines.
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Silicon Valley Wants to Fight Fires With Fire
AUGUST 30, 2024 - How some high-tech entrepreneurs are trying to use new forms of technology to solve the problem of mega-wildfires in the age of climate change.
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Robots Are Starting (Good) Fires in California
AUGUST 28, 2024 - BurnBot’s tank-like robot helps manage wildfire risk by conducting controlled burns with no open flames, minimal smoke and much less manpower.
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Climate-Tech VCs Organize for Kamala Harris
AUGUST 21, 2024 - Climate for Kamala has received commitments of $2.5 million toward a planned fundraiser in New York.
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Ep. 285 How I Raised It with Shomik Dutta of Overture VC
AUGUST 1, 2024 - This episode is with Shomik Dutta of Overture VC. Overture is a climate tech venture fund that invests in startups working to transition our economy to a sustainable, decarbonized future.
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Applied Carbon’s farm robot turns plant waste into biochar to capture CO2
JULY 31, 2024 - The $21.5 million the company raised for a recent Series A round should help.
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New cash for Gates-backed carbon removal startup
JULY 30, 2024 - Boldface names in climate VC are staking Graphyte, a young startup that says it unlocked a comparatively cheap carbon removal method using biomass.
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Antora Energy Selected by ARPA-E for $14.5 Million Award to Accelerate Launch of Heat & Power Product
JUNE 25, 2024 - ARPA-E’s SCALEUP Funding Paves the Way for Gigaton-Scale Industrial Decarbonization Impact
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Crux Is Getting Some Powerful New Backers
JUNE 18, 2024 - The New York-based startup aims to create a market for clean energy tax credits.
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Electric Truck Company Harbinger Announces $400 Million in Customer Vehicle Orders
MAY 21, 2024 - 4,000 binding pre-orders from customers including Bimbo Bakeries USA; the world's largest RV manufacturer, THOR Industries; postal service operator, Mail Management Services; leading North American commercial vehicle dealers; and more.
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Need help electrifying your home? This startup has an app for that
MAY 9, 2024 - Zero Homes aims to make electrification easier and cheaper by quoting projects — to install heat pumps, EV chargers, and more — without setting foot in your house.
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Wozniak's space firm, Privateer, buys Orbital Insight, raises $56.5 million
MAY 6, 2024 - Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to Privateer's space data offerings.
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Geothermal heat pumps are helping clean up city buildings
APRIL 29, 2024 - Late last year in Austin, Texas, big blue rigs rolled up to a sunbaked parking lot and started boring holes deep into the ground. Bedrock Energy, a geothermal startup, was deploying its novel drilling technology for the first time, near a block of low-slung commercial buildings on South Congress Avenue.
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Nat Bullard's Halcyon nets $10.8M for energy data service
APRIL 18, 2024 - Halcyon, a startup co-founded by longtime energy expert Nat Bullard, raised a $10.8 million seed round for an AI-powered search service, the startup tells Axios.
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As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention
APRIL 3, 2024
BurnBot raised $20 million for technology and services to prevent wildfires.
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Amazon teams with recycling robot firm to track package waste
MARCH 6, 2024
This week, Amazon is announcing an investment through its Climate Pledge Fund and plans to implement the Bay Area recycling robotics startup’s technology to find out what happens to its packaging once it leaves consumers’ hands.
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BurnBot Secures $20M in Series A Funding to Prevent Destructive Wildfires with Mechanized Vegetation Management
APRIL 3, 2024
BurnBot's technology enables 10X more acres to be treated, regardless of weather
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This recycling robot is saving millions of bottles from the landfill
MARCH 6, 2024
Glacier designed an entirely new robot for recycling facilities that can pick 45 items a minute.
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The New Hot Climate Investment Is Heat Itself
FEBRUARY 22, 2024
Batteries that store heat can replace fossil fuels for steelmaking and other industrial processes.
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Overture raises $60 million debut fund to help climate tech founders tap into government support
FEBRUARY 21, 2024
In the crowded climate tech investing space, it helps to be a specialist.
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Overture, Obama alums' climate VC firm, closes debut fund with $60M
FEBRUARY 21, 2024
Overture Climate VC, an early-stage firm founded by three former White House officials has raised $60 million for its debut fund.
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Exclusive: How emerging manager Overture VC raised $60 million—yes, in this economy
FEBRUARY 21, 2024
Overture VC has raised its debut $60 million fund to focus on climate tech, Fortune has exclusively learned.
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Crux nets $18M for clean energy credits, led by a16z
JANUARY 30, 2024
Crux Climate closed an $18 million Series A round led by Andreessen Horowitz to expand its marketplace for buying and selling clean energy tax credits.
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Floodbase Joins Capella’s Analytics Partner Program to Enhance Parametric Flood Solution with Additional SAR Sensors
JANUARY 23, 2024
Today, Floodbase and Capella are announcing a strategic partnership to bring additional high-resolution synthetic aperture radar (SAR) satellite data to Floodbase’s end-to-end solution for parametric flood insurance.
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Companies Are Snapping Up New Clean-Energy Tax Credits
JANUARY 18, 2024
Government program will funnel tens of billions of dollars to renewable-energy companies. Crux is building an online marketplace that connects tax-credit buyers and sellers.
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RILA and Optera to develop a framework for more consistent direct-use product emissions reporting
JANUARY 18, 2024
Retailers and other industries will be able to use the Direct-Use Product Emissions Database (DPED) to enable consistent and comparable scope 3 analyses.
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Masters in Business: Shomik Dutta
JANUARY 18, 2024
Bloomberg Radio host Barry Ritholtz speaks to Shomik Dutta, founder and managing partner at Overture, a venture capital firm focused on climate tech and sustainability startups. He is also co-founder and general partner of Higher Ground Labs.
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Ep 105: Brandon Hurlbut - Co-Founder, Boundary Stone Partners
JANUARY 16, 2024
Energy Impact podcast host Ryan Duncan interviews Brandon Hurlbut, the co-founder of Boundary Stone Partners and Overture VC.
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Cleantech Group Global 100 2024
JANUARY 11, 2024
Cleantech Group shares a list of innovators with the technologies and determination to take us from commitments to actions in the sprint to net-zero including Moment Energy, Forum Mobility, and Harbinger.
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Forum Mobility Announces New Charging Depot for Electric Drayage Trucks in the Port of Long Beach
NOVEMBER 30, 2023
Forum Mobility, a leading freight electrification provider, announced a new heavy-duty truck charging depot in the Port of Long Beach.
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A Startup Using Crushed Rocks to Capture Carbon Has Delivered Its First Removals
NOVEMBER 16, 2023
After less than a year of commercial use, Eion says it has removed approximately 50 tons of CO2 from the atmosphere using what’s known as enhanced rock weathering.
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Xage Security raises $20M more to expand its security platform
NOVEMBER 2, 2023
Xage Security, a startup providing software to thwart network intrusions, today announced that it raised $20 million in a B2 funding round that brings the company’s total raised to $80 million.
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ARC Ltd and Floodbase Partner to Develop Parametric Flood Insurance Solutions for Africa
OCTOBER 24, 2023
Floodbase has announced a partnership with African Risk Capacity Limited (ARC Ltd.) to develop, distribute, and scale parametric flood insurance solutions across Africa.
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This Company Wants To Replace Fossil Fuel Heating With Batteries
OCTOBER 24, 2023
Antora Energy, a Bill Gates-backed startup with a bold pitch to use blocks of solid graphite to make heat-storing batteries, announced today that it will be opening its first factory in San Jose, Calif.
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TIME: The Best Inventions of 2023
OCTOBER 24, 2023
TIME announced 200 innovations changing how we live including Antora Energy’s thermal battery.
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Exclusive: Bedrock raises $8.5M to bring geothermal to large buildings
OCTOBER 11, 2023
Geothermal heating and cooling startup Bedrock Energy closed an $8.5 million seed round for its focus on big apartment and commercial buildings.
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Cleantech Group Names the 2023 Cleantech 50 to Watch
OCTOBER 11, 2023
Cleantech Group has just released the Cleantech 50 to Watch, an annual list of top global early-stage private companies showcased for their excellence in sustainable innovation including Bedrock Energy.
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Harbinger Focuses Its Electric Platform On Mid-Duty Vehicles
SEPTEMBER 30, 2023
The startup based in Garden Grove, California, has designed and is building stripped-down but electrified chassis that forms a backbone for a coming generation of Class 4 to Class 6 medium-duty vehicles that fill many niches in the economy and the American lifestyle.
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Xage Awarded $17 Million Cybersecurity Contract by U.S. Space Force’s Space Systems Command
SEPTMER 27, 2023
Mesh-based Zero Trust solution to secure distributed cyber physical environments from ground to space.
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Harbinger Motors Gains Broad Investor Support In $60M Series A Funding
SEPTEMBER 20, 2023
Commitments from THOR Industries, Ridgeline, Greycroft and Tiger Global among other new and continuing investors underscore demand for innovative electrified mobility solutions.
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Bill Gates-backed Antora is making big batteries to help factories transition to clean energy
SEPTEMBER 12, 2023
Giant factories that produce textiles, food, chemicals and cement require massive amounts of energy. Antora is one of several companies developing batteries that can store wind and solar energy.
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Optera secures $12M to help companies prepare for new SEC Climate Disclosure requirements
SEPTEMBER 12, 2023
ESG and carbon management leader accelerates growth with Series A fundraise led by Next Frontier Capital.
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National Renewable Energy Laboratory Releases First Clean Energy Cybersecurity Accelerator Report
SEPTEMBER 11, 2023
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has released a public report outlining the procedures and outcomes of the first cohort of the NREL-led Clean Energy Cybersecurity Accelerator (CECA) program. Xage Security was one of three cybersecurity solution providers to participate in the first CECA cohort.
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‘E-fuels’ are catching on as a way to decarbonize air travel
SEPTEMBER 6, 2023
Massachusetts-based Lydian is the latest startup to raise funds to produce power-to-liquids fuels, which could emit less CO2 overall than fossil jet fuel.
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Eion Unlocks ERW Verification with Trusted Academic Partners in Latest Publication
AUGUST 18, 2023
Eion announced the release of a peer-reviewed publication on enhanced rock weathering (ERW) in the journal Global Change Biology, confirming the latest in scientific progress from Eion’s verification method for quantifying CDR (carbon dioxide removal).
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Shomik Dutta: Pioneering Climate Change Through Policy, Investment, and Innovation | EP. 041
AUGUST 16, 2023
The CLIMB by VSC co-hosts Jay Kapoor and Vijay Chatta interviewed Overture co-founder and Managing Partner, Shomik Dutta.
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A behind-the-scenes look at how the Inflation Reduction Act came together
AUGUST 15, 2023
Canary Media asked seven insiders who worked on the historic climate law to share their reflections on what the process was like and the work that remains including Mike Carr, Partner at Boundary Stone Partners.
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This new battery could re-industrialize America — if we let it
JULY 5, 2023
America has some of the best solar and wind energy in the world — and this company thinks they’ve found a cheap, reliable way to store it. Antora's solution is a solid carbon battery capable of storing large amounts of energy when the wind is blowing and the sun is shining, enabling an abundant, reliable energy supply.
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Zero-trust cybersecurity – decentralised risk, everyone’s consequence
JUNE 23, 2023
As decentralised power grows, the industry’s exposure to cyberattacks grows too. Andrew Tunniclffe speaks with Xage Security’s Duncan Greatwood on how the growing use of remote, autonomous and decentralised facilities heralds a new era of cyber risk.
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Startup gets cash to unlock climate law credits
JUNE 21, 2023
rux, a new startup aiming to remove friction from the use of hundreds of billions of dollars worth of climate law tax incentives, just landed another $4.25 million in seed financing. -
California is getting its biggest electric truck charging station yet
JUNE 13, 2023
Forum Mobility is building a 96-truck charging depot in Northern California — a significant step toward the state’s goal of decarbonizing trucking by 2035.
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California’s Electric-Truck Drive Draws Startups Building Charging Networks
MAY 29, 2023
An aggressive emissions-slashing mandate means thousands of charging sites are needed in the coming years. Matt LeDucq, CEO of Forum Mobility, said his company wants to add sites capable of storing more than 100 electric trucks close to ports at Oakland, Los Angeles and Long Beach.
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Eion Awarded Industry-First Patent for Measurement Methodology to Unlock Scalable Carbon Removal Solution
MAY 11, 2023
Rigorous Measurement will Enable Enhanced Rock Weathering to Scale as a Reliable Carbon Removal Solution.
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Fast Company 2023 Game Changing Ideas Awards
MAY 2, 2023
See the full list of honorees of Fast Company’s 2023 World Changing Ideas Awards in the Energy and Sustainability category including Antora Energy.
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3 reasons why decarbonising industry might be easier than thought
MAY 2, 2023
World Economic Forum feature with Co-Founder and Chief Executive Officer, Antora Energy.
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Startup aims to help climate companies unlock billions in Inflation Reduction Act tax credits
APRIL 13, 2023
Crux climate to provide a marketplace for IRA tax credits.
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An alternative to copper that’s less carbon-intensive?
MARCH 29, 2023
Carbon nanotube startup DexMat, born at Rice University, has materials scientists abuzz.
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Axios Expert voices: Shomik Dutta
MARCH 16, 2023
In the depths of the Silicon Valley Bank crisis, Shomik Dutta convened a Saturday night call with close to 100 climate tech investors for emergency guidance from former Obama officials.
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Climate VCs manage the SVB message
MARCH 13, 2023
In the thick of the SVB crisis this weekend, close to 100 climate-focused venture executives joined a call with former White House officials Saturday night to talk messaging.
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DexMat raises $3M to make metals from methane
MARCH 8, 2023
DexMat raised a $3 million seed round led by Shell Ventures to convert methane into high-performance materials.
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Floodbase Selected to Provide a National, Near Real-Time Flood Intelligence System for the Federal Emergency Management Agency (FEMA)
MARCH 7, 2023
Floodbase’s flood intelligence technology will help FEMA estimate the impacts of flood events more accurately to inform its actions in support of National Flood Insurance Program (NFIP) policyholders.
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The Puck: Venture Capital and Beyond with Shomik Dutta
APRIL 18, 2023
On this week’s episode, Jim sits down with Shomik Dutta, former member of the Obama White House and managing partner of Overture VC, a firm focused on sustainable energy and climate tech.
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Climate Startup Aims to Narrow the Flood-Protection Gap With Data
JANUARY 26, 2023
Floodbase says it will offer near-real-time information on flooding to insurers and other clients by the start of next hurricane season.
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Floodbase raises $12M Series A for flood data
JANUARY 26, 2023
Floodbase raised a $12 million Series A round for its flood monitoring service that brings together both satellite and ground-sensor data.
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Forum Mobility Announces $400 Million Joint Venture and $15 Million SeriesNew List Item
JANUARY 17, 2023
Forum Mobility and CBRE Investment Management Announce $400 Million Joint Venture and $15 Million Series A Targeting Equitable Electrification of Heavy-Duty Port Transit
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Amazon, CBRE back electric-trucking startup
JANUARY 17, 2023
Amazon, CBRE back electric truck charger Forum Mobility
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Forbes 30 UNDER 30: ENERGY
NOVEMBER 30, 2022
Moment Energy, cofounded in 2020 by Edward Chiang, Gabriel Soares, Sumreen Rattan and Gurmesh Sidhu, recycles electric vehicle batteries when the cars stop being used and repurposes them for off-grid energy generation projects.
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How to leverage policy, from the IRA and beyond, to accelerate climate tech
NOVEMBER 10, 2022
At VERGE 22, Bedrock CEO Joselyn Lai and Boundary Stoner Partners government affairs firm team members discussed how to take advantage of the biggest climate bill in American history.
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Dr. Moriba Jah Awarded MacArthur Fellowship
NOVEMBER 5, 2022
Dr. Moriba Jah, was awarded the MacArthur Foundation "Genius Grant" for his work developing tools that pinpoint inactive satellites and other space debris.
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Mobility startups are filling the void in the much, much smaller Detroit auto show
SEPTEMBER 15, 2022
Harbinger was perhaps the most exciting automaker startup at the North American International Auto Show. This week, the company emerged from stealth, aiming to bring a medium-duty EV platform to market
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EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market
SEPTEMBER 7, 2022
A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-duty truck market with a ready-to-build electric truck platform coming next year.
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Overture VC’s Shomik Dutta on Investing in Climate Change Technology
JULY 7, 2022
Overture Co-founder and Managing Partner Shomik Dutta joined Minnie Ingersoll on the LA Venture podcast to share more about the founding story of Overture VC and the importance of investing in climate tech.
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Zero Trust Firm Xage Security Adds $6 Million 'Top-up' to $30 Million Series B Funding
MAY 12, 2022
Palo Alto, Calif-based firm Xage has raised a $6 million top-up to the $30 million Series B funding it secured in January 2022. The new financing comes from SCF Partners, an investor in energy and critical infrastructure services, and Overture, which specializes in startups in government, energy and climate.
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This startup’s energy storage tech is ‘essentially a giant toaster’
APRIL 13, 2022
Antora Energy has raised millions for its super-heated graphite blocks that can deliver grid power, industrial heat or both.
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Steve Wozniak’s new venture takes aim at space junk
MARCH 2, 2022
Privateer's mission is to develop better tracking of objects in space, and to use this data to help avert disastrous collisions.
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Bill Gates and Chris Sacca invest in energy storage start-up Antora to help heavy industry go green
FEBRUARY 16, 2022
Breakthrough Energy Ventures and Lowercarbon Capital co-led a $50 million financing round in Antora Energy, a start-up looking to decarbonize industrial processes. The thermal battery would store heat from solar and wind farms and provide an alternative to the natural gas boilers that are used by heavy industrial processing companies.
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Charging Up: Women’s Climatetech Career Moves in Venture Capital
JANUARY 17, 2022
Emma McDonagh is now a senior associate at Overture, a venture fund “at the intersection of climate and government.” McDonagh joins Overture from Powerhouse, a clean energy and mobility venture fund.
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Xage snags $30M Series B to help secure critical infrastructure
JANUARY 5, 2022
Xage (pronounced Zage) is a startup working to keep critical infrastructure like oil and gas pipelines, water supplies and electrical grids up and running securely. Today, the company announced a $30 million Series B.
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Xage lands $30M to bring identity security to ‘real world’ infrastructure
JANUARY 5, 2022
Xage, which today announced a $30 million series B funding round, said that its platform for enabling zero trust identity security in “real world” operational infrastructure saw a 5x increase in new customer deployments in 2021. With the latest funding in hand, Xage plans to scale up the use of its platform both within existing customers and with additional new customers in 2022, CEO Duncan Greatwood told VentureBeat.
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Energy-focused cyber firm Xage raises $30 million
JANUARY 5, 2022
Xage, a company that aims to secure operational components of the electrical grid, announced Wednesday it has raised $30 million in a Series B round of financing.
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Forum Mobility Raises $7.5 Million Seed Funding to Fuel Expansion
DECEMBER 1, 2021
Forum Mobility, a zero-emission fleet and infrastructure provider, announced today it has raised $7.5 million in seed funding to build its operations, broaden its team, and further product development. The round was co-led by Obvious Ventures and Homecoming Capital, with additional funding provided by Edison International (NYSE: EIX) and Overture VC.
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As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention
APRIL 3, 2024
BurnBot raised $20 million for technology and services to prevent wildfires.