[Weekly] $45M Plant Nickel Bet | CVCs Step Into Power | Climate Tech’s Biggest Myth

Brought to you by:

D-CRBN - a Belgian startup turning industrial CO₂ emissions into valuable feedstock using cutting-edge plasma technology. If you want to learn more, reach out directly to David Ziegler or Gill Scheltjens.

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This week on New Wave Weekly:

👉 Genomines is oversubscribed
A French startup just raised one of Europe’s largest Series A rounds to farm nickel from plants. Is this a game-changer for critical minerals?

👉 CVCs are taking over
Hyundai backed Genomines and ran a pilot. Microsoft turned investor and customer in Stegra. Are corporate VCs the new unlock in climate?

👉 Climate Tech is dead, long live climate tech
Media says “dual-use is in, climate is out.” But with family offices doubling down and CVCs flooding the space, is this really the end of climate tech, or just the sharpening we needed?

References:

• Sifted: Genomines raises $45M Series A

• Forbion Co-lead Release (PDF)

• DT Capital Partners Press Release

• Microsoft doubles down on green steelmaker Stegra

• PwC Report: Climate Tech & Corporate VC

• Sifted: Climate tech out, dual-use in

• Impact Loop: Lubomila Jordanova warns of greenwashing

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Wave Makers:

• Jonny Everett - Marble

• Julia Attwood - Sightline Climate

• Julien Fredonie - Honda CVC

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Chapters:

(00:00) Introduction

(01:26) $45M for Genomines

(21:46) CVCs are taking over

(36:09) Long Live Climate-Tech!

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