Summary:
Amazon's Climate Pledge Fund announces three new startup investments targeting e-waste and carbon solutions.
Molg focuses on circular manufacturing to combat e-waste through robotics.
Paebbl transforms CO2 into carbon-storing building materials for sustainable construction.
14Trees leverages 3D printing technology for lower-carbon building solutions.
Amazon integrates technologies from startups like Forum Mobility and Glacier into its operations.
As Amazon advances towards its ambitious goal of achieving net-zero carbon emissions by 2040, the Climate Pledge Fund (CPF) has unveiled three new investments in startups that are innovating solutions for the climate crisis. These investments focus on e-waste management, carbon storage, and lower-carbon building technologies.
New Companies in Focus
Molg
Molg is tackling the growing e-waste problem through circular manufacturing. They utilize robotics to autonomously assemble and disassemble electronic products, partnering with manufacturers to design for reuse, ensuring one product's end leads to another's beginning.
Paebbl
Paebbl transforms CO2 into carbon-storing building materials, aiming to make concrete a permanent carbon sink. Their innovative approach is set to be trialed by Amazon Web Services (AWS) in the construction of a European data center.
14Trees
14Trees is revolutionizing the construction industry with 3D printing technology for lower-carbon buildings. This investment will facilitate the development of advanced lower-carbon data centers and large-scale structures in Europe and the United States.
Integration of CPF Companies into Amazon Operations
Amazon is already integrating technologies from several CPF-funded companies into its operations:
Forum Mobility
Forum Mobility develops zero-tailpipe-emission trucking solutions, enhancing Amazon's logistics and delivery capabilities with electric trucks.
Glacier
This AI-driven robotics company enhances recycling processes, aligning with Amazon's sustainability vision to reduce plastic use and promote bio-based materials.
Hippo Harvest
By cultivating organic leafy greens using 92% less water, 55% less fertilizer, and 94% less land, Hippo Harvest contributes to food security and sustainability in fresh produce.
Rivian
Rivian's electric delivery vans are pivotal in Amazon's decarbonization strategy, with a commitment to deploy 100,000 electric vehicles by 2030. Over 15,000 vans are already operational.
Innovative Water Management with Subeca
Subeca's smart water management solutions improve efficiency across Amazon's facilities, allowing for real-time monitoring of water usage and leak detection, thereby enhancing resource management.
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