Yes VC

Greetings from Stockholm! Here, Steady Energy and Kärnfull Next (KNXT) signed an agreement to develop small modular reactors (SMR) for Swedish district heating. Steady Energy intends to build SMR district heating plants in Helsinki and Kuopio, Finland, with the first commercial unit in operation as early as 2030. The agreement means that Sweden could be the next country 🇸🇪

Assembly OSM stacked its first building in a single day!!! Why should you care? The world is in a housing crisis that is being compounded each day by climate change. Densifying housing in cities is the only way we can tackle both, but modular construction (and construction innovation broadly) has almost exclusively skipped over cities as complex as New York, San Francisco, London, Toronto, etc.. It’s because cities are hard... ❄ Each site is unique! With layers of zoning, irregular lots, community needs, existing neighboring buildings, you cannot just have a catalog of buildings or units that we drop down on each site. The site constraints alone force each building to be different. 📏 Regulations are hard and the agencies are sophisticated: With life safety as the top priority, cities have some of the most stringent regulations for safety and transportation. The bar is higher because more is at stake. As it should be. 🏢 Cities are tall. Since you can't build out, cities build up. The technical challenges of stacking are compounded with each floor you add. ** While this project is a jumbo brownstone, we actually used our high rise systems, so it might be the strongest building in all of Fort Greene!** But just because something is hard, doesn’t mean you shouldn’t do it; It means the opposite! Solving the seemingly impossible is how we drive change and solve society's big problems. Assembly proves that: 💞 Customization and standardization are not mutually exclusive: This project is an infill lot in a New York City Historic District. There is not a better demonstration of Assembly's ability to adapt to site constraints than being subject to NYC Landmarks. That's the beauty of our approach (and all the digital tools we've built). Customized to meet the unique site constraints; standardized to drive manufacturing efficiency.  🏘 Community impact: We stacked this building and didn’t even close the road (look at the time lapse, cars go by the whole time)! We had the whole neighborhood out to watch, and the fact that we were up and out of their way in a single day is an incredible feat especially when you are building in dense urban areas. 🌍 Decarbonization: This project is a Passive House designed (LEED on steroids) targeting to drive energy use down by 70%+ and the whole process reduces waste. Fun fact: We bought lunch for the crew, and at the end of the day we couldn’t find a spot to throw out the boxes because there was no dumpster on site. When was the last time you saw a construction site without a dumpster? That's waste reduction right there! This project is only step one for Assembly. The road to decarbonizing construction and housing our growing population is going to take many more buildings, and we are gearing up to do just that, starting right here in New York City! Interested in what we are doing? Join the team! https://lnkd.in/g24MG5ah

The United States officially has its first commercial Direct Air Capture facility! Today we welcomed U.S. Secretary of Energy, Jennifer M. Granholm, and California Lieutenant Governor, Eleni Kounalakis, to unveil a facility in our home state of California where we'll capture and lock away CO2 from the atmosphere. Powered by 100% renewable energy supplied by PG&E and Ava Community Energy, constructed with union labor, backed by catalytic buyers of best-in-class carbon removal, and built in partnership with the City and community of Tracy, this first facility is our blueprint for responsible removal at billion-ton scale and beyond. With a capture capacity of up to 1,000 tons per year, the CO2 captured at this facility will go for storage in concrete with our partner CarbonCure Technologies so that it cannot continue heating the planet. This facility is more than a labor of love from the engineers, researchers, chemists, construction workers, scientists, managers, assistants, policy wonks, and architects who made it possible –– it is a promise of what is possible when committed people come together to get things done, and a promise that we will keep building today, tomorrow, and every day after until we’ve realized our vision of a safer and more stable climate. You can read more about the technology, partnerships, and people behind this facility here: https://lnkd.in/gF8gmXB9

Our Yes VC portfolio company Lindy is edging closer to general release of its AI assistant—and it is starting to get interesting: Lindy will allow you build a team of AI employees that work together. Watch the video to see how CEO Flo Crivello builds a Lindy to track competitors in 30s. The real magic comes from Lindies working together to do something. In the demo, Flo gets a Competitive Intel Manager Lindy to spin up one Competitive Analyst Lindy for each of his competitors. He explains: “These “Societies of Lindies” can be of any arbitrary complexity. We even have a group of 4 Lindies building API integrations. Lindies can work autonomously, and be “woken up” by triggers like a new email, a new ticket, a webhook being hit, etc… Lindies have many advantages vs. regular employees: - 10x faster - 10x cheaper - Consistent: train your Lindies once and watch them consistently follow your instructions - Available 24 / 7 / 365 - Infinitely more scalable: Lindies scale up and down elastically with your needs The future of business will come down to the ability to leverage this technology.” https://lnkd.in/dV7B23Ua

Lindy's on Time Square this week! Thanks Brex

Really interesting & timely enterprise AI event last night at HanaHaus organized by Murray Newlands, with two super strong and complementary panel discussions - one from the industry giants, and one from the VC perspective. Chris McCann and Julie Liao both shared really compelling and thoughtful comments about the investment space, noting that Enterprise AI startups aren't absolved of the responsibility to be an Enterprise startup - that is, get the fundamentals right - and they shared some sobering thoughts on how they think about pre-seed, seed, and series A requirements for their funds. TL;Dr: you can't just sprinkle "AI" into your enterprise startup description and expect a big check. ⁽ᵀʰᵃᵗ ˢᵉᵉᵐˢ ˢᵉˡᶠ⁻ᵉᵛᶦᵈᵉⁿᵗ, ᵇᵘᵗ ᵗʰᵉ ᵈᵉᵍʳᵉᵉ ᵗᵒ ʷʰᶦᶜʰ ᵗʰᵉʸ ᵖᵘⁿᶜᵗᵘᵃᵗᵉᵈ ᵗʰᶦˢ ᵐᵃᵈᵉ ᶦᵗ ᵃᵖᵖᵃʳᵉⁿᵗ ᵗʰᵃᵗ ᶦᵗ'ˢ ⁿᵒᵗ.⁾ Also, bay area friends in AI: if you're not already following Open Future Forum and attending their events (or watching their slack channel), have a look. What Murray is doing there is really impressive. Also also: Thanks to HanaHaus and Collin Sommerhauser for hosting - great hosts and great space for an event like this.

Join SILTA at Startup Sauna on November 21st at 17:45 for a unique opportunity to learn the secrets of Silicon Valley from Jyri Engeström, co-founder of the once-influential Jaiku and current founder of Yes VC. Jyri is a prominent figure in the Finnish startup world, having played a pivotal role as an early investor in groundbreaking companies such as Unity, WordPress, Oura, and ICEYE. Don't miss this chance to gain insights into Jyri's journey from Finland to Silicon Valley, connect with like-minded innovators, and enjoy refreshments & pizza. Secure your spot for this inspiring evening now! RSVP via https://lnkd.in/dJGf4waX #startups #siliconvalley #enterpreneurship #espoonkaupunki