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Virescent Ventures backs Climate 10X

Virescent Ventures backs Climate 10X
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From plastic-derived asphalt to decarbonising diesel engines: Virescent Ventures and UNSW launch inaugural Climate 10x cohort

SYDNEY, Oct. 27, 2023 /PRNewswire/ Australia's pioneer climate tech VC Virescent Venturesand the University of New South Wales (UNSW) have revealed the first cohort of five climate tech startups in their Climate 10x Accelerator, as well as $580,000 of total funding. Climate 10x Accelator Startups The Climate 10x Accelerator was established as part of the $280 millionTrailblazer for Recycling and Clean Energy (TraCE) collaboration between the Commonwealth Government, industry, UNSW, and the University of Newcastle. It supports early-stage climate tech startups whose innovations significantly impact emissions reductions, or improve the resilience and adaptability of existing infrastructure, to allow for a faster transition to renewable energy: SoNiA Green Techhas discovered a novel way to manufacture polymer-modified bitumen to significantly reduce energy usage and incorporate waste plastic WorkbenchXlinks companies with manufacturing capability to those without, bringing down the

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