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BP and Shell-backed accelerator looks for the Teslas of climate tech

Ten corporations, including BP, Shell and Microsoft, are setting up a climate tech accelerator to channel more funding to sustainability startups, which often struggle to raise investment. According to Jon Creyts from the Rocky Mountain Institute, the US-based environmentalist think-tank that will lead the accelerator, investors are so put off funding climate change tech that there's only been one hard tech company in the last decade to secure enough funding to be successful.

Dec 02, 2020 by Sifted
Green Industry News



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