Theia Ventures

Last Week in #ClimateTech 1. ExxonMobil's Large Gas-Fired Plant Plan: ExxonMobil announced plans to build a significant gas-fired plant aimed at integrating carbon capture technology. This development reflects the oil major’s efforts to transition towards lower-carbon energy. Read more: https://lnkd.in/g3Gh6Crm 2. Fortera's Low-Carbon Cement Innovation: Fortera is scaling its low-carbon cement technology, which captures CO₂ during production to cut emissions in the construction sector. Read more: https://lnkd.in/dADf4qJa 3. $8 Billion Hydrogen-Powered Off-Grid Data Centre: A U.S. firm plans to build a $1 billion hydrogen-powered off-grid data center in Texas, showcasing the potential of clean hydrogen as a sustainable power source for energy-intensive industries. Read more: https://lnkd.in/gQiG4EPY 4. Unlocking Geothermal Energy’s Potential: A report highlights geothermal energy’s promise, with countries like Indonesia and Kenya overcoming high costs to scale projects. Read more: https://lnkd.in/gNaCqkNm 5. Google’s New Approach to Data Center and Clean Energy Growth: Google announced an innovative approach combining clean energy projects with data center expansions, aiming for greater sustainability and carbon neutrality in its operations. Read more: https://lnkd.in/gkmsJk2t What are we reading: What We Really Mean by “The Massive Scale” Required for CDR in Climate Goals by RMI: https://lnkd.in/eC4BuyJJ What are we listening to: TIL about hydrogen energy by TILclimate Podcast: https://lnkd.in/e2UaS5e7

At Theia Ventures, we believe that energy conservation isn't just a day—it's a continuous journey towards a sustainable future. Since 1991, the National Energy Conservation Awards (NECA) have been a beacon of inspiration, recognising pioneers who transform energy efficiency from a concept to a concrete reality, which was declared as National Energy Conservation Day. Today, as we commemorate this day, we recommit ourselves to: 1. Investing in breakthrough climate technologies 2. Supporting entrepreneurs solving critical energy challenges 3. Accelerating the transition to a low-carbon economy Every watt saved, every innovative solution developed, brings us closer to a more sustainable world. #ClimateInnovation #SustainableTech #EnergyEfficiency

 🌎 Last week in #ClimateTech 1. Ace Green Recycling to Go Public: Ace Green Recycling, a global leader in battery recycling technology, has announced plans to go public. The company specialises in sustainable recycling solutions for lithium-ion and lead-acid batteries, driving circular economy initiatives in the energy storage sector. Read more: https://lnkd.in/ggmJ6Ja9 2. Heirloom Secures $150M Series B Funding: Direct air capture innovator Heirloom has raised $150 million in a Series B funding round. The company is pioneering solutions to remove CO₂ from the atmosphere efficiently, with the new funding set to accelerate its scaling efforts. Read more: https://lnkd.in/gJMbPeeC 3. IEA Hosts First Global Energy & AI Conference The International Energy Agency (IEA) held its inaugural Energy & AI Global Conference, bringing together decision-makers from tech, energy, and government. The discussions centred on AI's role in enhancing energy security and accelerating transitions to sustainable energy systems.  Read more: https://lnkd.in/gs_YMDxz 4. COP28 Agreement Signals Shift Away from Fossil Fuels: The United Nations Climate Change Conference (COP28) concluded with an agreement marking the "beginning of the end" of the fossil fuel era. The accord emphasises a swift, just, and equitable transition, underpinned by deep emissions cuts and increased climate finance. This decision aims to keep the global temperature rise within 1.5°C above pre-industrial levels. Read more: https://lnkd.in/dPc4p7YR What are we reading: How will Artificial Intelligence Transform Energy Innovation by IEA:  https://lnkd.in/d2WbtfWk What are we listening to: What Happened with Nuclear Energy at COP29 by World Nuclear News: https://lnkd.in/eujPEV7s

 🌿 This World Soil Day, Theia Ventures spotlights India's crucial soil conservation challenge. Our agricultural landscapes face critical threats from erosion, degradation, and climate change. As a climate tech investor, we're committed to supporting innovative solutions that protect and regenerate our soil ecosystems – the foundation of sustainable agriculture and climate resilience. Together, we can transform soil health and secure India's agricultural future. #WorldSoilDay #ClimateTech #SoilHealth #IndiaAgritech

Passionate about tackling climate change? The MIT Climate and Energy Prize (CEP), the largest and longest-running competition for climate and energy innovation, invites students and postdocs from around the world to turn bold ideas into real solutions. This opportunity is open to all student and postdoc-led projects focused on sustainability, whether you're launching a startup or exploring new ideas. Participants can compete for over $100,000 in cash prizes, gain mentorship from industry experts, and collaborate with a global network of innovators dedicated to tackling climate challenges. Early Bird Deadline: December 2, 2024 | Final Deadline: January 10, 2025 Apply: https://cep.mit.edu/apply

The submission deadline for the 12th Earth Care Awards has been extended to 1st December 2024! Are you leading impactful initiatives in climate resilience, adaptation, or sustainable practices? This is your chance to showcase your efforts and gain the recognition you deserve. 📢 Don’t miss this opportunity to shine! Visit www.earthcareawards.com for more details. JSW | JSW Foundation | The Times Of India | Thinkthrough Consulting | Council on Energy, Environment and Water (CEEW) | India Climate Collaborative | Energy Swaraj Foundation | EARTHDAY.ORG #EarthCareAwards #12thEarthCareAwards #Sustainability #ClimateAction #ClimateChange

Last week in #ClimateTech: 1. At COP29 in Baku, wealthy nations agreed to provide $300 billion annually by 2035 for climate action in developing countries, though the deal faced criticism for falling short of needed funding. Read More: https://lnkd.in/gBU5jeFg 2. China has now surpassed the EU in historical emissions impact according to Carbon Brief analysis, having caused more cumulative global warming than the 27 EU member states combined. Read More: https://lnkd.in/evgGKEuX 3. India maintained its position among top climate performers, ranking 10th in the Climate Change Performance Index 2025 despite dropping two spots, thanks to low per capita emissions and renewable energy progress. Read More: https://lnkd.in/gD_7gD8X 4. The record-breaking 2024 hurricane season saw all eleven hurricanes intensify by 9-28 mph due to climate change-induced ocean warming, with major hurricanes like Helene and Milton gaining an extra 16-23 mph in strength. Read More: https://lnkd.in/ggRC28vu What are we reading: World Meteorological Organisation's State of Climate Report 2024: https://lnkd.in/g6ngJJji What are we listening to: How we uncovered pollution in the biomass industry by Land and Climate Review: https://lnkd.in/g4bbVtVP

Victoria Beasley is a Partner at Gigascale Capital, a groundbreaking investment firm revolutionising the way we approach climate tech funding. Gigascale Capital acts as a catalyst for climate innovation, offering a unique blend of founder, operator, and investor expertise to early-stage climate companies. Under Victoria Beasley's leadership, the firm accelerates climate solutions by providing not just capital, but deep industry knowledge and strategic support to pre-seed and Series A companies tackling the climate crisis. In a recent industry spotlight, Victoria Beasley shares her insights on how Gigascale Capital is reshaping climate tech investment, the strategic importance of supporting early-stage climate entrepreneurs, and their role in accelerating #ClimateAction. By working closely with passionate founders in deep science and technology, Gigascale Capital is driving meaningful progress toward a sustainable future. Gigascale Capital was founded by Mike Schroepfer, former CTO of Meta/Facebook, who brings over 25 years of experience scaling teams and driving technological innovation. As a climate tech investor and Meta Senior Fellow focused on AI, Schroepfer leverages his extensive background in building real-world infrastructure and driving long-term R&D to accelerate decarbonisation solutions across industries. Join us in exploring how Gigascale Capital is building and growing the companies that will fight climate change. It was a pleasure to have Victoria Beasley on the podcast, and we’re excited for you to tune in and hear her insights. Tune in to listen to the podcast episode. (Link in comments)

Victoria Beasley is a Partner at Gigascale Capital, a groundbreaking investment firm revolutionising the way we approach climate tech funding. Gigascale Capital acts as a catalyst for climate innovation, offering a unique blend of founder, operator, and investor expertise to early-stage climate companies. Under Victoria Beasley's leadership, the firm accelerates climate solutions by providing not just capital, but deep industry knowledge and strategic support to pre-seed and Series A companies tackling the climate crisis. In a recent industry spotlight, Victoria Beasley shares her insights on how Gigascale Capital is reshaping climate tech investment, the strategic importance of supporting early-stage climate entrepreneurs, and their role in accelerating #ClimateAction. By working closely with passionate founders in deep science and technology, Gigascale Capital is driving meaningful progress toward a sustainable future. Gigascale Capital was founded by Mike Schroepfer, former CTO of Meta/Facebook, who brings over 25 years of experience scaling teams and driving technological innovation. As a climate tech investor and Meta Senior Fellow focused on AI, Schroepfer leverages his extensive background in building real-world infrastructure and driving long-term R&D to accelerate decarbonisation solutions across industries. Join us in exploring how Gigascale Capital is building and growing the companies that will fight climate change. It was a pleasure to have Victoria Beasley on the podcast, and we’re excited for you to tune in and hear her insights. Tune in to listen to the podcast episode. (Link in comments)

Theia Ventures is hiring for a full time VC Analyst position. Here is an application link with job description: https://lnkd.in/gCagS-HT. Please feel free to tag relevant profile. Thanks in advance