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Amazon is pouring $2 billion into startups shaping a new future for energy and transportation. Meet the 5 companies first to win Bezos's backing

1 month ago   |   By Business Insider

Summary List Placement
Amazon is set to become one of the largest climate-tech funders, after announcing a $2 billion fund as part of its ambition to become a net-zero carbon company by 2040.
Now, it's clear where the tech giant is spending some of that cash. On Thursday, Amazon announced its first five investments, which are related to carbon capture or electric transportation and motors.
Through the Climate Pledge Fund, Amazon participated in electric-vehicle startup Rivian's funding round in July. The company is also backing a handful of other buzzy startups such as CarbonCure...
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Amazon names first recipients of its $2 billion Climate Pledge Fund

Amazon names first recipients of its $2 billion Climate Pledge Fund

1 month ago   |   By CNBC

Redwood Materials, the recycling start-up founded by ex-Tesla CTO JB Straubel, is among the recipients.
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