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MIT spinout Quaise Energy is developing a new technology that uses microwaves instead of traditional drilling equipment to dig deep into the Earth’s surface to unlock geothermal potential anywhere in the world. They recently raised a $40 million Series A funding round and are on their way to conducting in-the-field tests.
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MIT spinoff Verdox Inc. is developing a system that could capture carbon dioxide directly from the air using up to 70% less energy than alternatives. The company recently raised more than $80 million from investors such as Bill Gates’ Breakthrough Energy Ventures.
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At the MIT Energy Initiative’s Fall Colloquium, finance executive Poppy Allonby laid out the current state of sustainability thinking among the investor class.
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Nuclear science PhD candidate Robbie Stewart co-founded Boston Atomics, a startup creating “design to build” nuclear power plants that can be constructed quicker and at a lower cost than traditional plants.
January 21, 2022In the mediaThe Christian Science Monitor
