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E8 Announces $4M in 2019 Investments and 2020 Priorities

National cleantech investing network offers updates on angel investing, venture fund and a new philanthropic impact fund to mitigate climate change SEATTLE, WA (February 11, 2020) – E8, an angel investor community committed to investing in cleantech in support of both profit and ecological sustainability, announced today that its members made investments worth $4 million across 26 companies in 2019. The strong results come as E8 makes plans for enhanced capacity and strategy in 2020 that will offer new pathways for individuals, foundations, and corporations to invest in cleantech innovations, especially those designed to mitigate and prevent climate change. Since 2006, E8 has offered accredi

E8 Co-Chair, Eric Berman, discusses how the power of capitalism can reduce our carbon footprint.

“Policy and charity are great — important — but at the end of the day the most powerful tool is capitalism,” Berman said. “If you can’t make money being sustainable, you’re always going to be a niche. ,” Berman said. Janice Podsada of Everett, WA's The Daily Herald interviewed Berman and E8 Sponsor, CleanTech Alliance, along with other local incubators and businesses about their efforts to change the region's environmental impact. Clean technology is about more than just wind and solar: Local companies are baking clean tech into manufacturing processes and products and services of all kinds. HeraldNet Feb 4, 2020

E8 portfolio company e-ZN, working on long-duration zinc-based energy storage, has raised millions t

e-Zn is a Toronto based corporation that has developed a breakthrough electrochemical technology, the Zn Reactor, for storing energy in zinc metal. This economical energy storage solution will make renewable energy such as solar and wind economic, competitive, and reliable. Julian Spector of Greentech Media expounds on how "Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow by using cheap and abundant zinc." Canada’s e-Zn Raises Millions to Commercialize Long-Duration Zinc Energy Storage

E8 portfolio company StormSensor, which helps municipalities and industrial companies monitor stormw

Stormwater is the number one cause of water pollution in urban areas. StormSensor is a stormwater management solution designed to "take the expense, fear, and frustration" out of stormwater compliance. Stormwater's system replaces a highly manual, duplicative, and costly process with one that automates the workflow for inspections, data entry, and reporting processes. ​ StormSensor's easily deployable network of sensors and cloud-based software provides real-time tracking and analytics. They: Track and prevent urban flooding Validate drainage modelsIdentify illicit discharges and dry weather flows Evaluate green infrastructure and other control projects Detect and quantify Combined Sewage

E8 portfolio company Nori, focused on inspiring carbon removal, raises $1.3M in 'pre-seed' f

Nori intends to reverse climate change by creating the world’s only carbon dioxide removal marketplace. They are building a transparent and secure platform that will allow anyone in the world to pay to remove excess carbon dioxide from the atmosphere. Their voluntary marketplace - based on blockchain technology - will enable carbon removal suppliers to connect directly with buyers, improving efficiency and reducing costs. In January, Nori announced $1.3M secured for a 'pre-seed round' as they continue to seek an additional $5M. More details are in Nat Levy's article on GeekWire "Seattle startup Nori raises cash for blockchain marketplace to fight climate change"