Climate First

🌟 Company Spotlight: StepOne Tech 🌟 The transportation sector accounts for 16% of global greenhouse gas emissions. eFlexFuel (StepOne Tech Ltd.) is revolutionizing the automotive industry by converting gasoline-powered vehicles to run on renewable fuels, eliminating the need for new vehicle purchases. 🌱 The Benefits? 💰 Affordable - The company’s solution costs only 1%-3% of the cost of a new electric vehicle, making it a more accessible option for consumers. 🌿 Impact - StepOne Tech can reduce greenhouse gas emissions by up to 80%. 🌐 Scale- Globally compatible with over 1 billion vehicles. How it works: eFlexFuel (StepOne Tech Ltd.) uses an innovative technology called eFlexFuel that enables gasoline and hybrid-powered vehicles to utilize low-carbon fuel blends instead of fossil gasoline. The company is already working with many automotive players and governments worldwide to bring its technology to market and develop policies to support its adoption. With over 60,000 customers and 150 million liters of fossil gasoline use reduced already, the company is making a real difference in the journey toward a decarbonized future. 🚀

Congrats to Climate First company, Carbon Blue, on securing $10 million in their seed funding round! 🎉 This significant milestone is a testament to the hard work, dedication, and innovative spirit of the entire Carbon Blue team. Their groundbreaking efforts in combating climate change and advancing sustainable solutions continue to inspire us all. Carbon Blue's technology extracts and removes dissolved CO2 from water, transforming any water source into a carbon removal asset. This approach delivers a carbon dioxide removal (CDR) solution at the scale necessary to drive significant change. For more details, check out the article:  https://lnkd.in/dhZUX8gr Here's to many more milestones and a brighter, greener future ahead! 🌍 Iddo Tsur I Dan Deviri I Tal Katz #Climatech #CDR #Sustainability

🇯🇵🇯🇵 We are excited to announce a special opportunity to join the next Climate First roadshow in Japan. If you are an early-stage Israeli climate tech company, 👂listen closely: This is an exclusive chance to meet with leading investors in the Japanese ecosystem, connect with potential strategic partners, industry experts, and corporations. Japan is a significant player in the climate tech sector with strong government initiatives, active corporate engagement, robust research and development, and large climate tech investors. The future of climate tech is here – are you ready to be a part of it? Don't miss this chance to bring your startup to one of Asia's leading climate tech ecosystems! Application is now open: https://lnkd.in/dXAe_JBF Guy Cherni I Nadav Steinmetz I Keren Jason I Dor Bershadsky I Arielle Evan I Moria Zhut I Yuval Blutman

Cheers to new beginnings! 🥂 We had an amazing time welcoming friends and partners at our new offices in London. 🇬🇧 It was the perfect way to start this exciting new chapter. A big thank you to everyone who joined us!

Converge Company Spotlight 🌟 With concrete accounting for 11% of global emissions, innovative technologies are vital to address this challenge. Converge is revolutionizing the construction industry through its advanced concrete monitoring solutions. Their smart sensor systems provide real-time data on concrete strength and temperature, allowing for faster, more efficient, and environmentally friendly construction processes 🏗️. Here are some of our favorite features: Wireless and battery-powered sensors: Easily installed in any concrete type. Data transmission to a cloud-based platform: Accessible via mobile app or web interface ☁️. Real-time insights: Providing contractors with data and information into the progress of their projects 📲. Historical data tracking and report generation: Available via the web interface📊. Predictive AI: Helps contractors choose the most carbon-efficient concrete mixes, significantly reducing the industry's carbon footprint 🌱. With a leading team of experts in construction technology, Converge is positioned as a leader in sustainable construction innovation.

We can’t believe it’s been almost a month since our Cohort III roadshow in London. In case you missed it, here's the recap: 10 exceptional European climate tech companies showcased game-changing solutions. 3 days packed with learning, networking, and inspiration. 3 exclusive events with 400 attendees. 20 meetings with top climate investors, financial institutions and corporations. We're proud to be part of these companies' journeys, empowering innovation toward a net zero future. Guy Cherni I Nadav Steinmetz I Keren Jason I Dor Bershadsky I Arielle Evan I Yuval Blutman | Moria Zhut

🌟 Fairbrics Company Spotlight 🌟 Did you know that the fashion industry accounts for 5% of global greenhouse gas emissions? Fairbrics is revolutionizing the textile industry by creating the first carbon negative fiber material. How it works: 1️⃣ CO2 is captured from industrial sources such as DAC or point source carbon removal technologies. 2️⃣ The CO2 is reacted with a catalyst and solvent to produce chemicals used in polyester synthesis. 3️⃣ The chemicals are polymerized to form polyester pellets, which are spun into yarn and then into fabric. Fairbrics' patented process creates high-quality polyester fiber from waste CO2, achieving a significant reduction in the carbon footprint compared to conventional polyester. 🌱 For every ton of fabric produced, approximately 0.8 tons of CO2 emissions are prevented! 🤝 Fairbrics is already collaborating with major brands including H&M to integrate carbon negative fibers into mainstream fashion, pushing the industry towards a greener future. And that’s not all: Fairbrics' mission extends beyond textiles. Their technology also produces sustainable packaging materials and cleaner chemical production methods.

What a month June has been! Check out what we've been up to in our latest newsletter.

What a wonderful week. We had a blast celebrating the Israeli Climate Tech eco system this week. We were proud to participate in the Technion - Israel Institute of Technology sustainability event. Nadav Steinmetz joined an engaging panel discussion on bridging academia and industry to build better climate tech solutions. We were also proud to partner and support our friends at PLANETech - Climate Change Technologies for the PlaneTech World 2024 event and Ignite The Spark at the Energy Tech All Stars event. The events were incredible, and it was amazing to witness the thriving and resilient ecosystem up close! Arielle Evan I Nadav Steinmetz I Guy Cherni I Keren Jason I Dor Bershadsky I Noam Sonennberg I Gal Sharon I Deborah Kreis I Shon Dana I Gali Sheskin I Eshel Lipman

Yesterday morning, we held an incredible event discussing Bridging Energy & Mobility. With transportation responsible for 17% of global emissions, there is no doubt that in order to reach net zero, many innovative solutions in the field are required. The event included a panel discussing AI's pivotal role in driving a cleaner energy future for the transportation sector, pitches from leading startups in the field and a key note led by Tali Rosenwaks, Partner at Next Gear Ventures. Thank you to ⁠our event co hosts - Drive TLV, Next Gear Ventures and Ignite The Spark. We are proud to collaborate with wonderful partners who share our values and vision.