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October 7, 2022

CT Innovations announces companies for this year’s VentureClash

Contributed Connecticut Innovations held a VentureClash event in Israel during Gov. Ned Lamont’s visit to the country earlier this year.

From a recycled food waste textile company in Canada to an environmentally-conscious deli meat business in California, Connecticut Innovations is bringing a slew of green businesses to the state this month for VentureClash Climate Edition.

Connecticut Innovations, the state's quasi-public venture capital arm, announced the names of the seven companies selected to present at this year’s VentureClash, which has a focus around finding companies working to solve climate-related issues across the board, but particularly related to the power grid, water, waste and mobility. This year’s pitch and networking event is scheduled for Thursday, Oct. 27.

The companies include:

  • Air Company, a New York City-based carbon utilization company.
  • Alt Tex, a Toronto maker of sustainable polyester alternative from recycled food waste.
  • Fermata, a Tel Aviv developer of sustainable computer vision services for precise plant monitoring.
  • IoTecha, from Cranbury, New Jersey, which creates electric vehicle technology.
  • Living Ink, from Berthoud, Colorado, a biomaterials company creating and delivering carbon-negative pigment and ink products from algae.
  • Moduly, a Montreal-based company developing a technology to solve the problem of energy efficiency and the reduction of carbon dioxide.
  • Prime Roots, from Berkeley, California, a Koji-based deli meats company aimed at reducing the meat industry’s carbon footprint.

VentureClash Climate Edition was created in collaboration with Connecticut Green Bank, the state’s Public Utilities Regulatory Authority, and the state Department’s of Economic & Community Development and Energy and Environmental Protection.

Connecticut Innovations decided to have an environmental focus this year because of the recent launch of its $100 million ClimateTech Fund to invest in companies developing solutions that contribute to climate mitigation, adaptation and resilience.

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