Published by Todd Bush on January 4, 2024
BENGALURU, India, Jan. 4, 2024 /PRNewswire/ -- LivNSense™, a pioneering cleantech venture, has secured funding from Pavestone Technology Fund (Pavestone) as part of its $2.75 million growth round. Founded by Mr. Avnish Kumar, LivNSense™ envisions a Carbon Neutral World and is committed to contributing to a Net Zero Planet.
LivNSense's flagship product (GreenOps™) utilizes AI and Digital Twins technology to reduce carbon emissions. The startup's revenue and profits have seen steady growth, and this funding will be used to expand GreenOps' capabilities and enter new markets. LivNSense is focusing on expanding its industrial 'Carbon Cockpit' functionality to spearhead the growth across 'hard-to-abate' industries.
"We are pleased to announce that our latest funding round led by Pavestone will help us continue to build our Green-AI platform with a goal to deliver 100s of megatons of Carbon reductions and touch upon billion of lives globally. We believe that Pavestone's investment thesis and approach would make them an ideal partner in our journey," said Avnish Kumar, Co-founder and CEO at LivNSense.
"We are excited to work with LivNSense towards decarbonisation of 'hard-to-abate' sectors. The team's expertise in building engineering led Artificial Intelligence and Digital Twins to impact the carbon lifecycle would help to address the industry challenges for both real-time carbon measurement to energy transition by usage of Alternate/Green Fuels. We believe that the company's foundational knowledge of energy and process systems, coupled with an IP led approach would be a key differentiator," said V. Laxmikanth (VLK), Managing Partner at Pavestone.
"Fossil fuels will still be one of the major feedstocks after 2030 given the current state of carbon mitigation. GreenOps™ has a unique advantage for long-term play even after process electrification and green hydrogen technologies are commercialised. GreenOps™ would integrate into these technologies in the future as a 'full stack decarbonisation' platform for comprehensive energy balance management," said Priyanka Kumar, Co-founder and COO at LivNSense™.
LivNSense was one of the notable companies recognized for its innovation in the #MannkiBaat episode by Shri Narendra Modi, the Hon'ble Prime Minister of India.
Visit LivNSense GreenOps Private Limited (LivNSense™) at www.LivNSense.com
Visit Pavestone Technology Fund at www.pavestone.vc
LivNSense™ (LivNSense GreenOps Private Limited) is a leading AI-based Cleantech company that is addressing 'Net Zero Challenge' to reduce GHG carbon emissions across the globe. Please visit www.LivNSense.com for more details.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💡 DOE Issues Notice of Intent for Funding to Advance Hydrogen and Fuel Cell Technologies to Drive National Decarbonization 🛢️ Exploring Natural Hydrogen: MAX Power’s Groundbreaki...
Inside this Issue 📜 EPA Issues Draft Permits for Underground Injection Control Class VI Wells in Texas 🎤 Plug Announces Participation at the H.C. Wainwright 26th Annual Global Investment Conferenc...
Inside this Issue 💰 Mantel Secures $30 Million to Bring Low Cost, Energy Efficient Carbon Capture to the Heavy Industrial Sector 🔗 Ontras and H2 Energy Europe Sign MOU to Advance Hydrogen Infrastr...
Plug will collaborate to provide support during the Front End Engineering Design (FEED) phase SLINGERLANDS, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader...
Ohmium to Collaborate with Ten08 Energy for 500MW Clean Ammonia Project
Ohmium PEM Electrolyzers will generate Green Hydrogen for Ten08 Energy's pioneering 500MW Clean Ammonia Project in Texas.NEWARK, Calif. & HOUSTON--(BUSINESS WIRE)--Ohmium International (“Ohmium...
ENGLEWOOD, Colo., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it has entered into a de...
Circe Announces $5M Seed Round and Pilot Plant
Boston, MA, Sept. 12, 2024 (GLOBE NEWSWIRE) — Circe, a carbon-negative manufacturing company, announced a $5M Seed Round. Investors include ReGen Ventures, Undeterred Capital, Ponderosa Ventures, B...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.