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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .

Chemicals 240
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Magdrive secures seed funding for new propulsion system which could take us to the stars

TechCrunch

A startup with a new type of spacecraft propulsion system could make the interplanetary travel seen in “Star Trek” a reality. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle.

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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. The round, which UniSieve said was oversubscribed, included participation from the Amadeus Apex Technology Fund, Wingman Ventures, CIECH Ventures and Zürcher Kantonalbank.

Industry 202
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AgBiome lands $166M for safer crop protection technology

TechCrunch

Due to its safer formula, Howler can be used as the last spray in the program, and its differentiator is a shorter re-entry period — farmers can spray in the morning and be able to go back out in the field in the afternoon. The company saw 10x sales growth in 2020, Uknes told TechCrunch.

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How the new AI executive order stacks up: B-

CIO

As other recent technology waves have taught us, developments will simply come too fast for such an approach and will be driven by the speed of private industry. It is a very powerful technology, and while it is not inherently good or bad, given its sheer power, guardrails must be put into place. AI must be regulated.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

Normally, a CCO develops ideas about what the market needs and communicates them to a design team, which produces sketches to then be reviewed by the CCO. As the technology exhausts its honeymoon period, and companies in all industries find new ways of using it to get ahead of the competition, a new race is on.

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SunGreenH2’s nano-scale engineering could double green hydrogen production

TechCrunch

What’s the point of having a hydrogen battery system for renewables if you have to source that hydrogen from natural gas, oil and coal? Sounds great, but it takes a lot of energy and expensive elements like platinum to produce the catalysts and membranes that make up the tech sandwich of any modern electrolyzer cell.