Microsoft, Kimbal Musk, NBA’s Russell Westbrook invest in Brooklyn-based climate tech company BlocPower
- BlocPower has raised $155 million in funding as the Brooklyn-based climate technology company is looking to further its building decarbonization efforts across the U.S.
- Energy consumption and efficiency issues plague many old American residential and commercial buildings, making them a target for improvement for cities and states focused on green goals.
- Direct energy and electricity use by buildings comprise roughly 38% of greenhouse gas emissions in the U.S., according to the US Green Building Council.
- https://www.cnbc.com/2023/03/02/microsoft-kimbal-musk-invest-in-climate-tech-company-blocpower.html