Congress just passed the ADVANCE Act, which aims to supercharge #nuclear energy development in the US. Fewer restrictions, less delays, more building. The bill, now awaiting Biden's signature, is designed to speed up the approval of next-gen reactors and keep old ones running, like Diablo Canyon pictured above. The bill also makes it easier and cheaper for companies to get licenses for advanced nuclear reactors and export American nuclear tech. https://lnkd.in/gpVP5shp Speaking of American nuclear leadership, the Department of Energy just announced $900 million in funding to support to development and deployment of small modular reactors (SMRs). https://lnkd.in/ga8TkqnU #ClimateTech #CleanEnergy
Jessie Chuang’s Post
More Relevant Posts
-
Global League (G-L.Ventures) is a network for collaboration between investors to help the most impactful startups recommended by high-caliber investors. We prioritize climate tech with capital efficiency, AI infrastructure, dual-use tech, and semiconductors, seed to the series A stage. We always have industry experts in evaluation, and use a digital platform to avoid cognitive bias. Collaboration on deal evaluation, venture-building, making introductions, and co-investments is welcome. Share with #climatetech investors. 📢 Next Demo Day (Jun.28, 11 AM US Central) - Join us to meet these startups https://lu.ma/cllexfgy 🚀 Dolphin Labs Ocean (CEO Rolle Hogan 🌊⚡️) Dolphin Labs provides small-scale wave energy converters with the smallest footprint that can power subsea applications - autonomous submerged or floating wave energy conversion to enable persistent power, sensing, and communications in remote marine environments. It targets commercial and government clients (dual-use), and has secured clients in both. They have secured $2.5M in non-dilutive grants from the US Navy, US DOE & NATO DIANA, and are part of the NATO DIANA program in 2024. 🚀 FLUIX AI (CEO Abhishek Sastri) FLUIX has developed an autonomous AI platform that saves energy costs for essential buildings such as data centers and critical infrastructures by up to 40% by efficiently managing fragmented facility systems (HVAC, IT, water, etc.). 93% of 2000+ SMB data centers in the US are fragmented! A recent case study showed FLUIX's AI slashing AC energy by 65% inside the server room of our client Solideon. FLUIX has secured 4 clients, the new funding is to onboard more from their sales pipeline of value up to $8M ARR. #AIdatacenter 🚀 MicroEra Power, Inc. (CEO Eleanor "Ellie" Rusling) Massive amounts of storage are needed to integrate more renewables into the grid and to support electric heating. Batteries and hydrogen/fuel cells are expensive. Traditional Thermal Energy Storage (TES) solutions are very large and inflexible. THERMAplus has 10X the energy density vs. water, is TUNABLE (storing both heat & cooling), and is flexible/grid-responsive. They shift HVAC loads to off-peak, recover waste heat, and enable renewables - with cost savings up to 50% for commercial buildings. #LongDurationEnergyStorage More: https://lnkd.in/gWSGTBRs Jack Whelan Hani Elshahawi Markus Buck Michail Kosak Parul Madan Michelle Kung, Ph.D.
Demo Day - Wave Energy, AI Data Center, Long Duration Energy Storage · Zoom · Luma
lu.ma
-
#Semiconductor companies related to #AI infrastructure are hot, in both the public market and private early-stage stage. At-scale AI application requires new infrastructures, which lead to opportunities at the silicon and hardware level. Thus far this year, VC-backed chip startups have raised nearly $5.3 billion in just 175 deals, per Crunchbase data. https://lnkd.in/gC2FZwC6 Previous articles from us already feature reasons of these trends: The WHY behind Impressive IPO of AI Infra Startup 👉 AI Compute's Bottleneck Lies in #Connectivity 👉 Advanced Packaging and Si #Photonics https://lnkd.in/eN35P5YY Next AI Infrastructures for New AI Decade 👉 Power Hunger Issue https://lnkd.in/gdcbB6S8 AI Infrastructure Hardware and Software Accrue the Most Value in AI Stack 👉 Big funding from VCs or tech titans going into the software infrastructure of generative AI stack in the past year only increased the devastated demand for AI servers and GPUs – hardware is more a bottleneck than software now.... https://lnkd.in/gYK7aaBP
-
Max Pog will be hosting good speakers on good topics here
FoF & FO Online Conference finished on June 20th. Venture Studio Community, Conferences, Podcast, Research, & Investment Syndicate. 3x entrepreneur
Here you can join for free 500+ LPs & GPs. Before this post, Single Family Offices with $100M+, $1B+, and some with multibillions in AUM registered for the event. Online on Zoom. Get 6+ hours of recordings & a list of ~3000 participants open to networking: inniches.com/conf 1. Family Office Trends 2024 by Ronald Diamond, Diamond Wealth, $1.2B AUM, invests with 100 FOs, AUM from $250M to $30B. 2. VC Trends in 2024 with Jaclyn Freeman Hester (Foundry, $3B AUM, 320 deals & 70+ exits), Jamie Rhode, CFA (Screendoor, an LP & platform for new managers) & Ihar Mahaniok (Geek Ventures, 100+ deals with 15 exits, incl. 6 unicorns). 3. Value Proposition of Funds of Funds – Chuck Tedeschi, Top Tier Capital Partners, $7.9B AUM FoF. Chuck worked at Pacific Western Bank and deployed $3B+ in debt to venture. 4. How Did We Oversubscribe Our PE FoF in 2023? – Kevin Campbell, Taurus Private Markets, LLC, $320M+ AUM. 5. The Shortcomings of Traditional VC Entrepreneurship and How Venture Studios Solve It – Adam Pase, Stackpoint Ventures. Adam is a serial entrepreneur ($2B+ value created). 6. 2024 Investment Trends in Billionaire Families by Angelo Robles, SFO Continuity, author of "Effective Family Office." 7. Due Diligence on VC Fund Managers. How to Identify the Top 1% of GPs? – Scott Sherman, Mesa Lane Capital (target $300M AUM), 7y. at Tiger Management, ex-Managing Director at Blackstone (now $1 trillion AUM). 8. How to Raise a VC Fund in the Current Market? – Winter Mead, Coolwater Capital – "YC for emerging VCs," helped launch 200+ managers that collectively raised $2B+. 9. Why Do FOs and Large Corporations Struggle with Venture Development and How to Partner with Them? – Chris Golden, Sterling Select Group, a venture development firm affiliated with Sterling Equity, a multi-billion family-run group of companies. 10. How VC Investors are Using AI, Technology & Analytics as a Competitive Weapon? – David Teten, Versatile Venture Capital. Ex-Managing Partner @ HOF Capital (now $1.2B AUM). 11. Venture Studios vs VC – John Boyce, TigerGene LLC, Co-Founded & Funded by Julian Robertson, Tiger Management. 7 exits, incl. $575M. 12. Why the Evergreen Structure is a Better Choice for Investing in VC? – Oliver Oster, AlphaQ Venture Capital – a FoF that screens 2000 funds annually, invested in 20. 13. Why are LP secondaries on the rise during the VC downturn? – Luca Mannucci, Sella Venture Partners SGR, a $170M AUM FoF. 14. Family Offices as a Source of Funding for Venture Studios and Venture Funds – John Milanovich, Family Office Club, 25+ y. exp. with family offices. Moderated by Danielle Patterson, Family Office List. There are more to join. LinkedIn limits the number of tags & the post length. Sorry for the short bios/topics.
-
-
A Billionaire-Backed #Texas Stock Exchange Is In The Works—Here’s What To Know “Texas's booming economy and the strong economic and population growth among states in the southeast quadrant of the U.S. present incredible opportunities for businesses — and ultimately the Texas Stock Exchange...” https://lnkd.in/gx84PpXA
A Billionaire-Backed Texas Stock Exchange Is In The Works—Here’s What To Know
social-www.forbes.com
-
Since the US #ChipsAct was signed, overall tool sales have decreased while tool sales to China have increased. China now buys nearly 45% of the tools the top Western Tool manufacturers sell. The Chips Act has substantially impacted tool sales, although not in the expected direction. Significantly lower tool sales to the USA, Taiwan, and Korea have been recorded, while China’s appetite for Western #Semiconductor tools has increased. https://lnkd.in/gP2VbAgJ
Tools for Chips and Dips
clausaasholm.substack.com
-
Pain to wealthy people catalyzes change. Home insurance prices, as boring as they are, fascinate me right now because they're the tip of the (melting) iceberg for wealthy people to feel pain from climate change. Anecdotally, I know folks in Florida paying $50k+/year to insure their home against hurricanes/floods. I know folks in Colorado forced to pay $1M+ over the coming years to insure their home against wildfire damage. Meanwhile, Moody's data show home insurance companies in the US have been unprofitable over the past decade, paying out more in claims than they've received in premiums. As a result, the The New York Times reports, "insurance companies are raising premiums by as much as 50 percent or more, cutting back on coverage or leaving entire states altogether." This trend is only getting started. 2023 was by far the hottest year ever. Even if all emissions were to stop tomorrow, hotter, weirder weather is guaranteed. Greenhouse gas' atmospheric effects occur over time (100 years for CO2, 14 years for CH4, etc.), so we're locked into continued future effects from past pollution. Conclusions: (1) Whether it's in 5 years or 30 years, the widespread adoption of decarbonized solutions is inevitable. People of influence are beginning to feel pain that will only intensify, even if the current channel - home insurance - is super boring to most people. (2) Climate change mitigation and adaptation solutions will be equally relevant. Mitigation because every little bit counts - 3 degrees of warming is better than 4 degrees is better than 5 degrees, etc. Adaptation because people will not stop emitting greenhouse gases to the degree needed before the climate gets very, very weird. #EnergyTransition #CleanEnergy #Sustainability #ClimateChange
-
