$32.3 billion. This is the amount of venture capital investments made in ClimateTech startups since January 2021, according to a report published by London & Partners and Dealroom. Since the Paris Agreement in 2016, global investments in the sector have increased fivefold. The report states that Europe would be the continent with the greatest growth in this area, since investment in ClimateTech would be seven times higher than in 2016, rising from 1.1 to 8 billion dollars raised by companies. European startups would also have succeeded in attracting a growing share of global capital, representing 28% of investments in 2021, thanks in particular to record fundraising such as that of Back Market of 276 million euros in May 2021.
While these numbers are encouraging, the latest IPCC report is clear: it is urgent to accelerate efforts to decarbonize the global economy to slow down global warming. It is in this perspective that Marble, a new startup studio, aims to accelerate the development of technologies and solutions necessary for so-called “difficult to decarbonize” sectors. Based in Paris, this new structure was created by Frenchman Benjamin Tincq, engineer and entrepreneur expert in ClimateTech and former manager of the Good Tech Lab agency, and Briton Jonny Everett, former mentor and manager of the Entrepreneur First program.
Undertake to act quickly
To bring out new breakthrough innovations and address complex climate challenges, Marble teams up with hybrid profiles of engineers, researchers and entrepreneurs. The startup studio intends to address themes as diverse as the decarbonization of the chemical industry through bio-production, the capture of CO2 in the atmosphere with minimal energy cost, or the exploitation of agricultural soils in arid environments.
The structure is financed by an international panel of climate and DeepTech investors, including the Grantham Foundation, a prestigious American CleanTech fund, David Helgason, founder of Unity Technologies and Alexis Angot, co-founder of Ynsect. During nine-month programs, founders of climate solutions can benefit from technical and industrial expertise, operational support from scientific and business teams, mentoring and optimized sourcing of co-founders.
In addition, Marble invests 250,000 euros in pre-seed in the projects that seem to it the most promising. ” Entrepreneurship is the fastest way to have global impact. But I’ve met so many researchers who want to tackle the climate emergency, but don’t know where to startexplains Jonny Everett, in a press release. We designed Marble to be that starting point, to go much faster and avoid the pitfalls. »
4 startups already in creation
Marble already has four startups under development, whose projects are as follows:
- Steven Bardey, doctor in physics and chemistry of materials at the University of Strasbourg, is working on a solution for the intelligent integration of CO2 capture and recycling to decarbonize chemical raw materials with high energy efficiency;
- Jerome Unidad, a scientist working on a new avenue to produce low-carbon fuels on a large scale;
- Amandine Cadiau, PhD in materials science, focuses on the development of a new generation of energy-efficient CO2 capture solutions;
- Mechanical engineering expert Paul Hervé is developing a seawater misting project in arid coastal regions to create stable microclimates, terraform new farmland and cool urban areas.
The startup studio is, moreover, already in the process of recruiting the future founders of its next projects, and the applications in the Founder in Resistance program are open. Ultimately, Marble’s goal is to help catch up Europe’s lag in the creation of ClimateTech spin-outs compared to the United States, in order to position the continent as a leader in climate innovation. . An objective that the European Commissioner for Innovation and Youth, Mariya Gabriel, told us at the end of January 2022 to share. To do this, Marble goes so far as to quantify its ambition: the structure intends, through its innovations, to eliminate ” at least one billion tonnes of CO2 “.