SpaceX Alumni-Founded Geothermal Startup Raises $54 Million Series A; Twelve Opens First Commercial Fuels Plant
By
Katie Brigham
2h ago· 8 min readenNews
Summary
The article covers two main climate tech stories: (1) An underwater geothermal startup founded by SpaceX alumni raised a $54 million Series A, with the founder crediting his SpaceX experience for shaping his approach. (2) Twelve, a major player in sustainable aviation fuel, opened its first commercial plant and is preparing to begin supply. The piece is framed around the broader trend of SpaceX alumni launching climate tech ventures, coinciding with SpaceX's historic IPO.
Source
bskySpaceX Alumni-Founded Geothermal Startup Raises $54 Million Series A; Twelve Opens First Commercial Fuels Plantheatmap.newsKey quotes
· 2 pulledHis 'experience at a very hardcore company like SpaceX' helped shape his approach to this new endeavor.
With SpaceX's historic IPO dominating headlines this week, Heatmap turned its attention to the impact Elon Musk's protégés have had on the climate tech landscape.
With SpaceX’s historic IPO dominating headlines this week, Heatmap turned its attention to the impact Elon Musk’s protégés have had on the climate tech landscape. Right after we published the story, an underwater geothermal startup founded and staffed by
