FEATURED

Masters in Business: Shomik Dutta

January 18, 2024

Press

The latest on Overture and Overture portfolio companies

  • As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention

    APRIL 3, 2024

    BurnBot raised $20 million for technology and services to prevent wildfires.

  • Amazon teams with recycling robot firm to track package waste

    MARCH 6, 2024

    This week, Amazon is announcing an investment through its Climate Pledge Fund and plans to implement the Bay Area recycling robotics startup’s technology to find out what happens to its packaging once it leaves consumers’ hands.

  • BurnBot Secures $20M in Series A Funding to Prevent Destructive Wildfires with Mechanized Vegetation Management

    APRIL 3, 2024

    BurnBot's technology enables 10X more acres to be treated, regardless of weather

  • This recycling robot is saving millions of bottles from the landfill

    MARCH 6, 2024

    Glacier designed an entirely new robot for recycling facilities that can pick 45 items a minute.

  • The New Hot Climate Investment Is Heat Itself

    FEBRUARY 22, 2024

    Batteries that store heat can replace fossil fuels for steelmaking and other industrial processes.

  • Overture raises $60 million debut fund to help climate tech founders tap into government support

    FEBRUARY 21, 2024

    In the crowded climate tech investing space, it helps to be a specialist.

  • Overture, Obama alums' climate VC firm, closes debut fund with $60M

    FEBRUARY 21, 2024

    Overture Climate VC, an early-stage firm founded by three former White House officials has raised $60 million for its debut fund.

  • Exclusive: How emerging manager Overture VC raised $60 million—yes, in this economy

    FEBRUARY 21, 2024

    Overture VC has raised its debut $60 million fund to focus on climate tech, Fortune has exclusively learned.

  • Crux nets $18M for clean energy credits, led by a16z

    JANUARY 30, 2024

    Crux Climate closed an $18 million Series A round led by Andreessen Horowitz to expand its marketplace for buying and selling clean energy tax credits.

  • Floodbase Joins Capella’s Analytics Partner Program to Enhance Parametric Flood Solution with Additional SAR Sensors

    JANUARY 23, 2024

    Today, Floodbase and Capella are announcing a strategic partnership to bring additional high-resolution synthetic aperture radar (SAR) satellite data to Floodbase’s end-to-end solution for parametric flood insurance.

  • Companies Are Snapping Up New Clean-Energy Tax Credits

    JANUARY 18, 2024

    Government program will funnel tens of billions of dollars to renewable-energy companies. Crux is building an online marketplace that connects tax-credit buyers and sellers.

  • RILA and Optera to develop a framework for more consistent direct-use product emissions reporting

    JANUARY 18, 2024

    Retailers and other industries will be able to use the Direct-Use Product Emissions Database (DPED) to enable consistent and comparable scope 3 analyses.

  • Masters in Business: Shomik Dutta

    JANUARY 18, 2024

    Bloomberg Radio host Barry Ritholtz speaks to Shomik Dutta, founder and managing partner at Overture, a venture capital firm focused on climate tech and sustainability startups. He is also co-founder and general partner of Higher Ground Labs.

  • Ep 105: Brandon Hurlbut - Co-Founder, Boundary Stone Partners

    JANUARY 16, 2024

    Energy Impact podcast host Ryan Duncan interviews Brandon Hurlbut, the co-founder of Boundary Stone Partners and Overture VC.

  • Cleantech Group Global 100 2024

    JANUARY 11, 2023

    Cleantech Group shares a list of innovators with the technologies and determination to take us from commitments to actions in the sprint to net-zero including Moment Energy, Forum Mobility, and Harbinger.

  • Forum Mobility Announces New Charging Depot for Electric Drayage Trucks in the Port of Long Beach

    NOVEMBER 30, 2023

    Forum Mobility, a leading freight electrification provider, announced a new heavy-duty truck charging depot in the Port of Long Beach.

  • A Startup Using Crushed Rocks to Capture Carbon Has Delivered Its First Removals

    NOVEMBER 16, 2023

    After less than a year of commercial use, Eion says it has removed approximately 50 tons of CO2 from the atmosphere using what’s known as enhanced rock weathering.

  • Xage Security raises $20M more to expand its security platform

    NOVEMBER 2, 2023

    Xage Security, a startup providing software to thwart network intrusions, today announced that it raised $20 million in a B2 funding round that brings the company’s total raised to $80 million.

  • ARC Ltd and Floodbase Partner to Develop Parametric Flood Insurance Solutions for Africa

    OCTOBER 24, 2023

    Floodbase has announced a partnership with African Risk Capacity Limited (ARC Ltd.) to develop, distribute, and scale parametric flood insurance solutions across Africa.

  • This Company Wants To Replace Fossil Fuel Heating With Batteries

    OCTOBER 24, 2023

    Antora Energy, a Bill Gates-backed startup with a bold pitch to use blocks of solid graphite to make heat-storing batteries, announced today that it will be opening its first factory in San Jose, Calif.

  • TIME: The Best Inventions of 2023

    OCTOBER 24, 2023

    TIME announced 200 innovations changing how we live including Antora Energy’s thermal battery.

  • Exclusive: Bedrock raises $8.5M to bring geothermal to large buildings

    OCTOBER 11, 2023

    Geothermal heating and cooling startup Bedrock Energy closed an $8.5 million seed round for its focus on big apartment and commercial buildings.

  • Cleantech Group Names the 2023 Cleantech 50 to Watch

    OCTOBER 11, 2023

    Cleantech Group has just released the Cleantech 50 to Watch, an annual list of top global early-stage private companies showcased for their excellence in sustainable innovation including Bedrock Energy.

  • Harbinger Focuses Its Electric Platform On Mid-Duty Vehicles

    SEPTEMBER 30, 2023

    The startup based in Garden Grove, California, has designed and is building stripped-down but electrified chassis that forms a backbone for a coming generation of Class 4 to Class 6 medium-duty vehicles that fill many niches in the economy and the American lifestyle.

  • Xage Awarded $17 Million Cybersecurity Contract by U.S. Space Force’s Space Systems Command

    SEPTMER 27, 2023

    Mesh-based Zero Trust solution to secure distributed cyber physical environments from ground to space.

  • Harbinger Motors Gains Broad Investor Support In $60M Series A Funding

    SEPTEMBER 20, 2023

    Commitments from THOR Industries, Ridgeline, Greycroft and Tiger Global among other new and continuing investors underscore demand for innovative electrified mobility solutions.

  • Bill Gates-backed Antora is making big batteries to help factories transition to clean energy

    SEPTEMBER 12, 2023

    Giant factories that produce textiles, food, chemicals and cement require massive amounts of energy. Antora is one of several companies developing batteries that can store wind and solar energy.

  • Optera secures $12M to help companies prepare for new SEC Climate Disclosure requirements

    SEPTEMBER 12, 2023

    ESG and carbon management leader accelerates growth with Series A fundraise led by Next Frontier Capital.

  • National Renewable Energy Laboratory Releases First Clean Energy Cybersecurity Accelerator Report

    SEPTEMBER 11, 2023

    The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has released a public report outlining the procedures and outcomes of the first cohort of the NREL-led Clean Energy Cybersecurity Accelerator (CECA) program. Xage Security was one of three cybersecurity solution providers to participate in the first CECA cohort.

  • ‘E-fuels’ are catching on as a way to decarbonize air travel

    SEPTEMBER 6, 2023

    Massachusetts-based Lydian is the latest startup to raise funds to produce power-to-liquids fuels, which could emit less CO2 overall than fossil jet fuel.

  • Eion Unlocks ERW Verification with Trusted Academic Partners in Latest Publication

    AUGUST 18, 2023

    Eion announced the release of a peer-reviewed publication on enhanced rock weathering (ERW) in the journal Global Change Biology, confirming the latest in scientific progress from Eion’s verification method for quantifying CDR (carbon dioxide removal).

  • Shomik Dutta: Pioneering Climate Change Through Policy, Investment, and Innovation | EP. 041

    AUGUST 16, 2023

    The CLIMB by VSC co-hosts Jay Kapoor and Vijay Chatta interviewed Overture co-founder and Managing Partner, Shomik Dutta.

  • A behind-the-scenes look at how the Inflation Reduction Act came together

    AUGUST 15, 2023

    Canary Media asked seven insiders who worked on the historic climate law to share their reflections on what the process was like and the work that remains including Mike Carr, Partner at Boundary Stone Partners.

  • This new battery could re-industrialize America — if we let it

    JULY 5, 2023

    America has some of the best solar and wind energy in the world — and this company thinks they’ve found a cheap, reliable way to store it. Antora's solution is a solid carbon battery capable of storing large amounts of energy when the wind is blowing and the sun is shining, enabling an abundant, reliable energy supply.

  • Zero-trust cybersecurity – decentralised risk, everyone’s consequence

    JUNE 23, 2023

    As decentralised power grows, the industry’s exposure to cyberattacks grows too. Andrew Tunniclffe speaks with Xage Security’s Duncan Greatwood on how the growing use of remote, autonomous and decentralised facilities heralds a new era of cyber risk.

  • Startup gets cash to unlock climate law credits

    JUNE 21, 2023
    rux, a new startup aiming to remove friction from the use of hundreds of billions of dollars worth of climate law tax incentives, just landed another $4.25 million in seed financing.

  • California is getting its biggest electric truck charging station yet

    JUNE 13, 2023

    Forum Mobility is building a 96-truck charging depot in Northern California — a significant step toward the state’s goal of decarbonizing trucking by 2035.

  • California’s Electric-Truck Drive Draws Startups Building Charging Networks

    MAY 29, 2023

    An aggressive emissions-slashing mandate means thousands of charging sites are needed in the coming years. Matt LeDucq, CEO of Forum Mobility, said his company wants to add sites capable of storing more than 100 electric trucks close to ports at Oakland, Los Angeles and Long Beach.

  • Eion Awarded Industry-First Patent for Measurement Methodology to Unlock Scalable Carbon Removal Solution

    MAY 11, 2023

    Rigorous Measurement will Enable Enhanced Rock Weathering to Scale as a Reliable Carbon Removal Solution.

  • Fast Company 2023 Game Changing Ideas Awards

    MAY 2, 2023

    See the full list of honorees of Fast Company’s 2023 World Changing Ideas Awards in the Energy and Sustainability category including Antora Energy.

  • 3 reasons why decarbonising industry might be easier than thought

    MAY 2, 2023

    World Economic Forum feature with Co-Founder and Chief Executive Officer, Antora Energy.

  • Startup aims to help climate companies unlock billions in Inflation Reduction Act tax credits

    APRIL 13, 2023

    Crux climate to provide a marketplace for IRA tax credits.

  • An alternative to copper that’s less carbon-intensive?

    MARCH 29, 2023

    Carbon nanotube startup DexMat, born at Rice University, has materials scientists abuzz.

  • Axios Expert voices: Shomik Dutta

    MARCH 16, 2023

    In the depths of the Silicon Valley Bank crisis, Shomik Dutta convened a Saturday night call with close to 100 climate tech investors for emergency guidance from former Obama officials.

  • Climate VCs manage the SVB message

    MARCH 13, 2023

    In the thick of the SVB crisis this weekend, close to 100 climate-focused venture executives joined a call with former White House officials Saturday night to talk messaging.

  • DexMat raises $3M to make metals from methane

    MARCH 8, 2023

    DexMat raised a $3 million seed round led by Shell Ventures to convert methane into high-performance materials.

  • Floodbase Selected to Provide a National, Near Real-Time Flood Intelligence System for the Federal Emergency Management Agency (FEMA)

    MARCH 7, 2023

    Floodbase’s flood intelligence technology will help FEMA estimate the impacts of flood events more accurately to inform its actions in support of National Flood Insurance Program (NFIP) policyholders.

  • The Puck: Venture Capital and Beyond with Shomik Dutta

    APRIL 18, 2023

    On this week’s episode, Jim sits down with Shomik Dutta, former member of the Obama White House and managing partner of Overture VC, a firm focused on sustainable energy and climate tech.

  • Climate Startup Aims to Narrow the Flood-Protection Gap With Data

    JANUARY 26, 2023

    Floodbase says it will offer near-real-time information on flooding to insurers and other clients by the start of next hurricane season.

  • Floodbase raises $12M Series A for flood data

    JANUARY 26, 2023

    Floodbase raised a $12 million Series A round for its flood monitoring service that brings together both satellite and ground-sensor data.

  • Forum Mobility Announces $400 Million Joint Venture and $15 Million SeriesNew List Item

    JANUARY 17, 2023

    Forum Mobility and CBRE Investment Management Announce $400 Million Joint Venture and $15 Million Series A Targeting Equitable Electrification of Heavy-Duty Port Transit

  • Amazon, CBRE back electric-trucking startup

    JANUARY 17, 2023

    Amazon, CBRE back electric truck charger Forum Mobility

  • Forbes 30 UNDER 30: ENERGY

    NOVEMBER 30, 2022

    Moment Energy, cofounded in 2020 by Edward Chiang, Gabriel Soares, Sumreen Rattan and Gurmesh Sidhu, recycles electric vehicle batteries when the cars stop being used and repurposes them for off-grid energy generation projects.

  • How to leverage policy, from the IRA and beyond, to accelerate climate tech

    NOVEMBER 10, 2022

    At VERGE 22, Bedrock CEO Joselyn Lai and Boundary Stoner Partners government affairs firm team members discussed how to take advantage of the biggest climate bill in American history.

  • Dr. Moriba Jah Awarded MacArthur Fellowship

    NOVEMBER 5, 2022

    Dr. Moriba Jah, was awarded the MacArthur Foundation "Genius Grant" for his work developing tools that pinpoint inactive satellites and other space debris.

  • Mobility startups are filling the void in the much, much smaller Detroit auto show

    SEPTEMBER 15, 2022

    Harbinger was perhaps the most exciting automaker startup at the North American International Auto Show. This week, the company emerged from stealth, aiming to bring a medium-duty EV platform to market

  • EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market

    SEPTEMBER 7, 2022

    A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-duty truck market with a ready-to-build electric truck platform coming next year.

  • Overture VC’s Shomik Dutta on Investing in Climate Change Technology

    JULY 7, 2022

    Overture Co-founder and Managing Partner Shomik Dutta joined Minnie Ingersoll on the LA Venture podcast to share more about the founding story of Overture VC and the importance of investing in climate tech.

  • Zero Trust Firm Xage Security Adds $6 Million 'Top-up' to $30 Million Series B Funding

    MAY 12, 2022

    Palo Alto, Calif-based firm Xage has raised a $6 million top-up to the $30 million Series B funding it secured in January 2022. The new financing comes from SCF Partners, an investor in energy and critical infrastructure services, and Overture, which specializes in startups in government, energy and climate.

  • This startup’s energy storage tech is ‘essentially a giant toaster’

    APRIL 13, 2022

    Antora Energy has raised millions for its super-heated graphite blocks that can deliver grid power, industrial heat or both.

  • Steve Wozniak’s new venture takes aim at space junk

    MARCH 2, 2022

    Privateer's mission is to develop better tracking of objects in space, and to use this data to help avert disastrous collisions.

  • Bill Gates and Chris Sacca invest in energy storage start-up Antora to help heavy industry go green

    FEBRUARY 16, 2022

    Breakthrough Energy Ventures and Lowercarbon Capital co-led a $50 million financing round in Antora Energy, a start-up looking to decarbonize industrial processes. The thermal battery would store heat from solar and wind farms and provide an alternative to the natural gas boilers that are used by heavy industrial processing companies.

  • Charging Up: Women’s Climatetech Career Moves in Venture Capital

    JANUARY 17, 2022

    Emma McDonagh is now a senior associate at Overture, a venture fund “at the intersection of climate and government.” McDonagh joins Overture from Powerhouse, a clean energy and mobility venture fund.

  • Xage snags $30M Series B to help secure critical infrastructure

    JANUARY 5, 2022

    Xage (pronounced Zage) is a startup working to keep critical infrastructure like oil and gas pipelines, water supplies and electrical grids up and running securely. Today, the company announced a $30 million Series B.

  • Xage lands $30M to bring identity security to ‘real world’ infrastructure

    JANUARY 5, 2022

    Xage, which today announced a $30 million series B funding round, said that its platform for enabling zero trust identity security in “real world” operational infrastructure saw a 5x increase in new customer deployments in 2021. With the latest funding in hand, Xage plans to scale up the use of its platform both within existing customers and with additional new customers in 2022, CEO Duncan Greatwood told VentureBeat.

  • Energy-focused cyber firm Xage raises $30 million

    JANUARY 5, 2022

    Xage, a company that aims to secure operational components of the electrical grid, announced Wednesday it has raised $30 million in a Series B round of financing.

  • Forum Mobility Raises $7.5 Million Seed Funding to Fuel Expansion

    DECEMBER 1, 2021

    Forum Mobility, a zero-emission fleet and infrastructure provider, announced today it has raised $7.5 million in seed funding to build its operations, broaden its team, and further product development. The round was co-led by Obvious Ventures and Homecoming Capital, with additional funding provided by Edison International (NYSE: EIX) and Overture VC.

  • As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention

    APRIL 3, 2024

    BurnBot raised $20 million for technology and services to prevent wildfires.