Tesla alumni Drew Baglino raises a large round to build a giga-scale factory, this time at his own startup.

The startup is making solid-state transformers capable of intelligently aggregating power from a number of different sources before sending it to data center racks.

The new project, called Material Scale, will initially focus on climate tech startups in the apparel industry.

Helion's Polaris device hit 150 million degrees C recently, a milestone that nudges the company toward its commercial power plant that will sell electricity to Microsoft.

The EPA's new rule seeks to undo a 2009 finding that allowed the federal government to regulate six greenhouse gases.

Inertia Enterprises will use the Series A investment to build one of the world's most powerful lasers, a key part of its power plant design.

EPA administrator Lee Zeldin is reportedly expected to repeal the 2009 "endangerment finding" that underpins U.S. climate regulatory efforts.

Tem has built a transaction engine that relies on AI to cut costs. Lightspeed led the round to help the startup expand to the U.S. and Australia.

The acquisition could mark the beginning of consolidation in the carbon-removal market since removal costs remain higher than buyers would like to pay.