Category: Environment
Indian Tech Funding Soars to $7.3B, Setting New Record in Environment Sector
- Indian environment tech sector has raised a total funding of $7.3B to date
- Funding in India’s environmental technology sector saw significant growth from 2018 to 2022, peaking at $2.47 billion in 2022.
- Bengaluru leads in city-wise funding with $2.7 billion, followed by Delhi and Mumbai.
- Blume Ventures, 100X.VC, and others are active seed-stage investors, while Tiger Global and Sequoia Capital lead early-stage rounds.
Florida Algae Technology Initiative: Millions Allocated to Combat Toxic Algae and Safeguard Water Quality
- Florida receives $10 million in funding for technology to combat toxic algae, aiming to clean up waterways
- Toxic algal blooms in Lake Okeechobee pose health risks to humans and animals due to toxins
- Climate change exacerbates algae growth through phosphorus and nitrogen runoff, leading to harmful blooms
- Various technologies being invested in, such as algaecides and water pumps, to disrupt algae growth
- Funding for innovative technologies is a critical part of Florida’s strategy to protect water quality, with a focus on natural water systems’ safety
Florida Algae Technology: A $10 Million Initiative to Combat Toxic Algae
Florida’s battle against toxic algae blooms has received a significant boost with the allocation of $10 million in funding for technology aimed at cleaning up the state’s waterways. Read more