Augment Ventures June 2022 Update

Augment portfolio company Perennial (formerly known as Cloud Agronomics) recently announced both a strategic rebranding as well as the close of an $18 million Series A financing round. The round was co-led by Temasek and Bloomberg, with participation from Microsoft Climate Fund and existing investors including Augment Ventures and SineWave Ventures. The full press release can be found here.

The United Nation’s Intergovernmental Panel on Climate Change (IPCC) released its Working Group III report in April, the second report it has released in 2022. This report assesses the mitigation of climate change, examines the sources of global emissions, and explains developments in emission reduction and mitigation efforts. A third and final report will be released later this year.

For a quick summary, please see this article by the New York Times.

Akitra Adds Payments Compliance Framework
Akitra added the Payment Card Industry Data Security Standard (more commonly known as PCI DSS) compliance framework to its platform. For more information on PCI, please click here.

EPA Approves Credit for Halo Inflator
The EPA and NHTSA has issued off-cycle greenhouse gas (GHG) credit for the use of Aperia’s Halo tire inflator used in Medium and Heavy-duty applications, including tractors, regional vocational vehicles, and custom chassis coach buses & motor homes. Read the press release here.

Flume Teams Up with 4ocean
In celebration of World Oceans Day, Flume has partnered with 4ocean. For every Flume device purchased, they will be removing one pound of plastic from the ocean. Further details can be found here.