HomeIsraelClimate First Announces Second Cohort of Israeli Climatech Startups

Climate First Announces Second Cohort of Israeli Climatech Startups

Climate First cohort 2 (Credit: Amanda Rose)
Climate First cohort 2 (Credit: Amanda Rose)

Climate First, an Israeli-European climate accelerator, launched its second cohort.

The eight-week Climate First program, led by Co-Founders and Managing Partners Nadav Steinmetz, and Guy Cherni, is tailored for high-impact startups poised to lead early-stage climate innovation, with the aim of cutting global emissions by 100 million tons of CO2e annually. The program connects these startups with a global network of experts, investors, and partners to facilitate international expansion, funding acquisition, and sales growth.

The participating startups include:

  • Carbon Blue, which innovates in carbon dioxide separation from water for industrial applications.
  • Chiral Energies, which develops technology to control the spin of electrons to improve batteries, electrolyzers, and fuel cells efficiency. 
  • Climate Crop, which advances crop yields and adaptability to new climate realities through photosynthesis improvement.
  • First Airborne, which innovates wind turbine monitoring for enhanced energy production.
  • Nitrofix, which advances a chemical solution for the production of emission-free green ammonia.
  • RepAir, which develops energy-efficient, large-scale direct air carbon capture technology.
  • SolCold, which creates a novel cooling coating that cools any object it covers without consuming electricity.
  • Xfloat, which designes optimized floating solar fields for land and sea to generate electricity.
  • Polymertal, which offers sustainable, lightweight metal alternatives for industrial use, significantly lowering weight electricity consumption.

As part of the program, the delegation of Israeli climate tech startups visited the UK to meet with government officials, senior executives from global corporations, asset managers from investment funds and climate tech venture capitalist firms.

The journey began with an event at The House of Lords, hosted by Lord Ian Austin, with the UK Ambassador to Israel, Simon Walters, and the presence of UK Israel Business’ Danny Kesler and Dor Bershadsky. Throughout the roadshow, the startups met with representatives from investment funds such as Blackrock, Temasek, Decarbonisation Partners, Beyond NetZero, General Atlantic, BP, Shell, Goldman Sachs, JPMorgan, Barclays, Centrica, Coca Cola, HSBC, EBRD, Just-Climate, and others. These engagements are integral to Climate First’s mission to integrate Israeli climate-tech innovations into the UK market, promoting a collaborative approach to achieving net-zero emissions.

VCWire

27/03/2024