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Climate funding: Amazon makes more investments; Alaska Airlines and Bill Gates-led effort back aviation startup

By December 14, 2021December 16th, 2021No Comments

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Climate funding: Amazon makes more investments; Alaska Airlines and Bill Gates-led effort back aviation startup

Dec 14, 2021 • GeekWire

The investments keep rolling in for climate tech companies, and Pacific Northwest tech companies are writing many of the checks

Amazon’s Climate Pledge Fund investments

New investments: Amazon has made investments in two more companies working to reduce carbon emissions: California’s Hippo Harvest and New York’s Amogy. The money comes from the Seattle-based company’s $2 billion Climate Pledge Fund. Amazon did not say how much each startup would be receiving.

ZeroAvia gets NW support

New funding: Aviation company ZeroAvia this week announced $35 million in new funding. The California and United Kingdom-based startup has support from the Pacific Northwest. Investors include Alaska Airlines’ Alaska Air Group as a new backer, as well as Amazon’s Climate Pledge Fund and Bill Gates-supported Breakthrough Energy Ventures, which have both participated in previous VC rounds.

Other investors are United Airlines, AP Ventures, Horizons Ventures, Summa Equity and Shell Ventures. The company has raised $115 million.

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