This March, Climos – a San Francisco-based start-up bent on developing ambitious climate change mitigation solutions – announced the close of a $3.5m round of financing led by Braemar Energy Ventures. Climos will use the money to pursue its ocean iron fertilisation technique. The idea is to distribute iron powder across the oceans, which encourages the growth of plankton that store carbon and sink to the ocean floor, sequestering the carbon.
With a growing number of start-up companies focused on climate change, entrepreneurs are ploughing their energies into developing everything from ocean-bound iron filings and second-generation biofuels to hybrid taxi fleets as well as renewable energy technologies such as solar power and wind farms.
See full Article.
Posts
