Your five minute guide to what's happening in tech


Amazon announced the first companies its climate fund is backing

Five companies are to receive the first round of funding from Amazon's $2 billion Climate Pledge Fund.

The Financial Times reports that the companies are:

  • Redwood Materials, a startup founded by Tesla co-founder JB Straubel, which aims to extract lithium, cobalt and nickel from old smartphones.
  • Rivian, the electric vehicle manufacturer that Amazon has previously invested in.
  • Carbon Cure, which locks CO2 into concrete.
  • Turntide Technologies, which makes efficient software-controlled motors.
  • Pachama, which uses computer vision to monitor satellite imagery in order to assess the carbon offsetting commitments.
Latest Stories