Issue #11 (Evrnu, Symbrosia, Mount)
Meet the best women-led climate tech companies.
ClimateRaise is a newsletter for our network that showcases early-stage climate startups led by women founders, and connects them with climate ecosystem partners. The newsletter is short and to the point. We want to provide you with useful information, not flood your inbox with yet another lengthy publication.
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Featured Companies
Evrnu
Garments made with the NuCycl technology can be disassembled at the molecular level, extending textile use to a minimum of five lifecycles. Photo Credit: Evrnu
An estimated $500 billion in retail value is lost every year by garments being discarded or burned. Evrnu’s technology solutions put these garments back into the value chain as feedstock that can be broken down by their patent-pending processes and turned into new, usable material. At scale, Evrnu’s fiber technologies can allow the fashion industry to grow decoupled from resource extraction of virgin materials like cotton and/or petroleum based fibers. Evrnu is focusing on the first technology, NuCycl, which converts pre-and post consumer, as well as post industrial textile materials, into new fiber. NuCycl has early adoption pledges from brands like Levi’s, Adidas, Stella McCartney, and Target. Evrnu is part of Elemental Excelerator’s Cohort 9, C&EN’s 2020 10 Startups to Watch, and Stacy Flynn received the Fashion Institute of Technology’s first Changemaker in Sustainable Innovation Award.
CEO & Co-founder: Stacy Flynn
HQ: Seattle, WA
Stage: Series A
Symbrosia
Symbrosia develops aquaculture systems to support their seaweed production. Photo Credit: Symbrosia.
Symbrosia is developing an integrated platform to grow the red macroalgae, Asparagopsis taxiformis, as a livestock feed supplement at commercial scale. At a 0.5% inclusion rate in animal feed, this seaweed confers health benefits to cattle and increases productivity while also eliminating over 90% of methane emissions. Methane emissions from cattle are responsible for 8-10% of global GHGs, and with this supplement Symbrosia will provide a pathway for creating value-added beef and dairy products with a softer footprint on the planet. In 2018, Symbrosia spun out of Yale University after winning the Sabin Sustainable Venture Prize, and their CEO was named a finalist for the Pritzker Environmental Genius Award. They completed a seed round at the end of 2019, and were awarded a National Science Foundation grant at the end of 2020.
CEO & Co-founder: Alexia Akbay
HQ: Kailua-Kona, HI
Stage: Seed
Mount
Scooters equipped with Mount smart locks. Photo Credit: Mount.
Currently 60% of car trips taken are under 6 miles, resulting 19.5B tons of CO2 emissions wasted on short-distance travel. Utilization of electric scooters and bikes would appear to reduce this carbon footprint, but Mount asserts that waste created from scooter/bike turnover overshadows the actual reduction of carbon emissions. Mount steps in as an IOT company, leveraging their data analytics platform enabled by their smart locks to track mobility patterns, locate lost vehicles, and bring a holistic picture to the management of mobility assets. They also use their technology to launch electric scooters and bikes at hotels, Airbnbs, and vacation rentals, increasing scooter lifespan and reducing replacement needs. Recently, Mount won Boston University's New Venture Competition, and Colorado Inno included Mount’s CEO in their Under 25 list, which highlights rising Colorado entrepreneurs and technologists 25 and younger.
CEO & Founder: Madison Rifkin
HQ: Boston, MA
Stage: Pre-Seed
Do you know a great climate start-up with a female founder? Forward this newsletter to them, so they can fill out our founder survey and be featured in future newsletters.
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