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 🌱 Holcim Invests in Sublime Systems to Scale Up Innovative Low-carbon Technology ⚡ New Technology Transforms Captured Carbon Into Clean Energy Source 🚗 Say Goodbye to EVs – This ...
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague Both parties to cooperate in establishing a hydrogen economy and...
UNDO Lands Groundbreaking Carbon Removals Financing Deal in 'Global First'
UK carbon removal start-up UNDO has secured an innovative debt financing deal, supported by significant corporates like British Airways and Standard Chartered, to accelerate the expansion of its en...
Say Goodbye to EVs – This Water-Hydrogen Engine Will Change Everything in Automotion
Honda launches a model identical to the Dodge Challenger – here’s when you can buy it Neither Toyota nor Hyundai – JD Power confirms the list of most reliable cars on the US market. Chevy an...
New Technology Transforms Captured Carbon Into Clean Energy Source
Researchers from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts captured carbon dioxide (CO2) into formate, a green fuel. This new system,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.