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3 stories

Adaptive Insurance adds $5M to sell coverage for a less stable grid
FundingMara Whitfield · Jul 8

Adaptive Insurance adds $5M to sell coverage for a less stable grid

The Austin insurtech writes parametric policies for power outages and severe weather, betting that climate volatility is a growing line of business.

EnergyX secures $225M from Italy's Eni for its Chilean lithium play
FundingMara Whitfield · Jul 7

EnergyX secures $225M from Italy's Eni for its Chilean lithium play

The Austin direct-lithium-extraction developer traded a minority stake in a Chilean asset for strategic backing from a European energy major.

Base Power and Austin Energy strike deal for 40 MW of home batteries on the grid
StartupsDev Okonkwo · Jun 27

Base Power and Austin Energy strike deal for 40 MW of home batteries on the grid

The Austin-based startup will install whole-home backup batteries that the utility can dispatch during peak demand, expanding a homegrown experiment in distributed storage.

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