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Partnerships
Climeworks signs FinTech company Square as a new customer
Climate Tech - Energy
Nov 30, 2021
This week:
Product updates
MeMD rebrands as Walmart Health Virtual Care
TeleHealth
Yesterday
Geographic expansion
Gatik to expand operations to Kansas following new encouraging state laws
Truck Industry Tech
May 19
Product updates
Einride expands product offerings: introduces a new trailer and developer API and upgrades operating software platform
Truck Industry Tech
May 19
Product updates
Einride expands product offerings: introduces a new trailer and developer API and upgrades operating software platform
EV Economy
May 19
Partnerships
‧
Geographic expansion
Wingcopter partners with Continental Drones to deploy 12,000 drones across Africa
Last Mile Delivery Automation
May 19
Funding
Klarna looking to raise USD 1 billion; funding reportedly discussed at a significant discount to its previous valuation
Buy Now, Pay Later
May 19
Management news
FaZe Clan appoints new president and COO
Esports
May 19
Product updates
Soft Robotics expands mGripAI to consumer goods, ecommerce, and logistics sectors
Smart Factory
May 19
Funding
Sense Arena raises USD 3 million for VR-based ice hockey training
Extended Reality
May 19
Funding
Virtex raises USD 3.2 million in seed funding for its virtual stadiums
Extended Reality
May 19
Funding
Virtex raises USD 3.2 million in seed funding for its virtual stadiums
Esports
May 19
Product updates
Apple could launch its AR/VR headset soon
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May 19
Product updates
Esports team organization 100 Thieves to develop video game
Esports
May 19
Partnerships
‧
Geographic expansion
PopID partners with SunCash to enable CBDC payments in the Bahamas
Biometric Payments
May 19
M&A
Fastly acquires Glitch to bring edge computing to web app development
Edge Computing
May 19
Partnerships
Veeve to expand partnership with Albertsons after successful pilot program
Automated Stores
May 19
Product updates
Propy launches blockchain-based title and escrow services
Residential Proptech
May 19
Funding
Belong raises USD 80 million in Series C funding
Residential Proptech
May 19
Partnerships
‧
Geographic expansion
PopID partners with SunCash to enable CBDC payments in the Bahamas
Facial Recognition
May 19
Earnings/results
Grab records 6% YoY revenue growth in Q1 2022; deliveries segment increases 70% YoY
Online Food Delivery
May 19
Partnerships
‧
Geographic expansion
Takeoff Technologies partners with Tienda Inglesa to establish a micro-fuflfillment network
Retail Industry Robots
May 19
M&A
ION Energy’s subsidiary acquired for USD 40 million
Climate Tech - Energy
May 19
M&A
ION Energy’s subsidiary acquired for USD 40 million
EV Economy
May 19
Funding
Cyscale raises EUR 3 million in seed funding
Next-gen Cybersecurity
May 19
Funding
ITM Power receives GBP 9.3 million for gigastack testing
Hydrogen Economy
May 19
Funding
H2GO Power secures GBP 4.3 million for hydrogen storage
Hydrogen Economy
May 19
M&A
‧
Listing
‧
Product updates
BSF Enterprise acquires 3D Bio-Tissues and goes public; plans to produce UK’s first cultivated meat
Cell Cultured Meat
May 19
Funding
Evolved Meats raises CAD 2 million in seed funding
Cell Cultured Meat
May 19
Partnerships
Peace of Meat and ENOUGH to jointly develop hybrid alternative meat products
Cell Cultured Meat
May 19
Climate Tech - Energy

Climate Tech - Energy

View industry hub
Nov 30, 2021

Climeworks signs FinTech company Square as a new customer

Partnerships

  • Climeworks, a Swiss direct air capture (DAC) startup, has signed a nine-year carbon removal agreement with FinTech company Square.

  • Square will purchase 2,000 tons of carbon offsets from Climeworks under the agreement. 

  • Analyst QuickTake: Square joins Climeworks’ list of high-profile customers that includes Microsoft, Stripe, Shopify, Audi, Swiss Re , and Ocado Retail . Climeworks has been selling DAC carbon removals since 2019 and has attracted more than 10,000 individual and business customers across 56 countries to date. Storegga and Carbon Engineering are two of the other first movers to commercialize DAC having onboarded their first customers earlier this year.

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