Übermorgen Ventures

🪨🌍💚 We couldn't be prouder on our portfolio company InPlanet which has just announced the first-ever delivery of verified Enhanced Rock Weathering (ERW) carbon removal credits. Carbon dioxide removal credits were developed and provided by InPlanet, verified by Isometric, delivered to Adyen, and facilitated by ClimeFi. As an early supporter and firm believer in scalable, cost-effective CDR solutions, we are thrilled to see Inplanet serving as a beacon in the field, paving the way toward a net-zero future.

The market for carbon credits is a weird one. First, it's voluntary. Second, the price varies widely. And third, and this is the topic of this newsletter, it is absurdly uncertain how the market will develop in the next 5–10 years. If we were to adhere to the 1.5-degree plan and take into account all the pledges of countries and companies to reduce CO₂ emissions to date, we would still need to remove about 5 gigatonnes annually by 2050 via carbon credits and their underlying removal technologies. If you assume that the price for permanent removal will go down to about $100 per tonne, the market for durable carbon removal would need to grow to $500 billion per year by 2050 and already $100–200 billion by 2030. Currently, it is not even $1 billion. Read all about it in our latest edition of our Newsbrief: https://lnkd.in/gHhhjmCh

We invested in PipePredict a little more than three years ago. Last year, Pipepredict and Preventio joined forces to create a more comprehensive product and accelerate their go-to-market strategy. That promise has been fulfilled: today, Diehl Metering announced the acquisition of Preventio. Congratulations to all the founders and everyone involved in this incredible journey. A special thanks to Valerie F. and Tri-Duc Nghiem for their leadership and dedication in navigating two major company transactions in such a short time.

👷 🧱 🍀 It's always nice to visit a portfolio company and its founders in person. Hyperion Robotics is leading the charge in sustainable construction by employing 3D printing technology to reduce concrete usage by up to 40%. They also incorporate materials like construction waste and biochar into their processes, significantly lowering the CO₂ footprint of cement. This dual strategy of innovative building methods and eco-friendly materials positions them at the forefront of green construction. Thanks for showing us around Fernando De los Rios, Ashish Mohite and Henry UNTERREINER.

🏢 🏗️ 🧱 We are delighted to announce our investment in Emidat. The 4mn seed round was led by General Catalyst. Emidat automates creating Environmental Product Declarations (EPDs) for construction materials, reducing costs and time by integrating directly with manufacturers' systems. The software collects lifecycle data and produces verified EPDs instantly, eliminating the need for external verifiers. This makes sustainable reporting more efficient and accessible for the construction industry. Thank you Lisa Oberaigner und Florian Fesch for letting us on board and making construction more sustainable.

👏👏👏 Carbonfuture - Exciting milestone! We are proud to continue supporting our portfolio company Carbonfuture as they secure a valuable partner with SIX for their Series A round. With a strong focus on scaling the carbon removal market with integrity and efficiency, Carbonfuture is paving the way for a future where carbon removal has real, measurable impact on the planet. Congrats to Hannes Junginger and the whole team.   #ClimateAction #NetZero #CarbonRemoval #SeriesA #Sustainability #CDR

There is no fusion without solving the fuel cycle. ⚛️ Great to see our portfolio company, Marathon Fusion, featured in the latest TechCrunch article on the future of fusion plants! Their groundbreaking technology is paving the way for sustainable fusion energy, tackling the critical challenge of the fuel cycle head-on. Fusion energy holds immense promise for a clean and abundant energy future, but without innovative solutions for faster fuel recycling, reduction of tritium inventory, and savings on fuel processing CAPEX, this promise could remain unfulfilled. Marathon Fusion is at the forefront of this innovation, ensuring that future fusion power plants can indeed light up our world. Check out the full article here: https://lnkd.in/ePewrrbg

We are thrilled to announce our latest addition to our portfolio: Companion.energy 🥳⚡ The industrial sector holds the greatest potential for driving the energy transition. But as renewable energy integration increases, so does energy price volatility, which is a considerable challenge for industrial companies – proactive energy management is essential. Companion.energy is on a mission to harness this potential by helping clients manage their energy needs. Companion.energy's machine learning platform enables industrial companies to manage their energy needs in real-time. It integrates operational data, considers current energy contracts, and forecasts energy needs and costs, allowing companies to adapt to price fluctuations and reduce emissions. We are excited to support Thomas Vyncke, Jonas Verstraeten, and Companion.energy together with our respected co-investors Cavalry Ventures and Entourage on their journey towards a greener future! 🙌

We are thrilled to announce our latest investment into 8inks! The spin-off from ETH Zürich has developed a technology that aims to make the battery production process up to 10x faster and 30% more cost-effective. 🔋🥳 Based on production techniques used in the paper and photography industry, 8inks worked with a "multi-layer coating process". This saves costs in terms of both investment and operating expenses. At the same time, the process would improve the energy density of the batteries. We're looking forward embark on this exciting adventure together with the entire 8inks team as well as with our valued co-investors such as Founderful.

We're excited to announce Jonas Hornung's well-deserved promotion to Principal! 🎉 Joining us just 11 months ago, Jonas quickly made a notable impact by co-leading investments in cutting-edge sectors like nuclear fusion, energy efficiency, reversible computing, and bio-manufacturing. Congratulations, Jonas! Very well deserved! We're happy to have you on board!