Woot woot!!!

🤔

We're proud to announce our close of $22M in Series B funding! The round is led by MKB & Co. and includes Microsoft Climate Innovation Fund, Blue Bear Capital, DNV, Buoyant Ventures, Congruent Ventures, Data Point Capital, and ENGIE New Ventures. Read more bit.ly/3xoCUdK

My carry for a climate bill Best. Trade. Ever. washingtonpost.com/us-policy/2022…

Giddyup Decarbonization! Every time I turn around I hear about another climate 💝 in the IRA. Hard to understate how important this bill would (will... I hope) be in addressing our decarbonization needs. Also, heeeeeeeyyy Fervo Energy Tim Latimer

Holy 💩

🔥🐄

👀 👀

Over the last few days the climate tech community has coordinated with Stripe, Twitter, and Lyft alumni to figure out how to best support those affected by recent tech layoffs. Together we're launching this climate careers resource hub for tech workers: climatedraft.org/layoffs

Over 100K tech workers have been laid off this year. Meanwhile, hiring is the #1 challenge facing climate tech companies. We want to fix this. So we're doing something new. Announcing... Climatebase LIVE: ✨Tech Careers in Climate✨ What's it all about? Read on👇

Please join our Managing Partner, Abe Yokell or Abe Yokell, tomorrow at 8am PT / 11am ET to learn how Congruent Ventures is helping reboot the Climate Capital Stack!

👀 in Congruent Ventures's slack channel from our internal meme ringleader Nicholas Adeyi NGB!!

☺️

Sometimes good outcomes take patience... congrats to the GaN Systems Inc team and the good Dr. @DanielHullah on the $830M sale to Infineon! Daniel co-led the seed round back in 2011 while at RockPort... 12 years later, here we are! theglobeandmail.com/business/artic…

Since there have been NO distractions the last few days... I'm sure you all want to come and listen to some live radio covering climate in the Bay Area.

So Abe Yokell and I started Congruent Ventures 6.5yrs ago to focus on the earliest stage climate tech. Along the way, we invested in 51 (>25% women led/founded) startups across an amazing range of tech each driven by daring founders. It’s time to build. LFG. wsj.com/articles/congr…

Fun to announce the fruits of Congruent Ventures' efforts! We're still getting started 6.5 years in but delighted to chat about our $300M fund to back our scaling companies! Nice to get the WSJ/Bloomberg/Axios/TC/Pitchbook pickup, but Canary Media always slays. CC Joshua Posamentier

Span has raised $96M to expand markets for its smart electrical panels. One big target market is home electrification - and Span's partnership with appliance maker Kenmore illustrates how its tech can play beyond rooftop solar, batteries and EV charging: canarymedia.com/articles/elect…