Amazon has dipped back into its $2 billion climate fund and invested in several startups, including one that is developing fast-charging technology for electric vehicles as part of the e-commerce giant’s broader effort to have net-zero carbon operations by 2040.
The company said Wednesday it has invested in CMC Machinery and Resilient Power. The company put additional capital into Infinium, a renewable fuels technology company it previously backed. Amazon didn’t disclose exact funding amounts, although separate announcements from the startups provide a bit of insight into the scale of the funding.
Amazon’s Climate Pledge Fund has now invested in 11 companies to date, including previous investments in CarbonCure, Pachama, Redwood Materials, Rivian, TurnTide Technologies, BETA Technologies, Ion Energy, ZeroAvia, and Infinium.
https://techcrunch.com/2021/10/27/amazon-2b-climate-fund-invest-three-startups/
