Selected to Join the Inaugural Cohort 417 for Third Derivative

Today marks an important milestone for Kanin Energy! We are thrilled to be a member of Cohort 417 for Third Derivative (D3), an accelerator from New Energy Nexus and Rocky Mountain Institute. Kanin is part of the first cohort of 47 startups from around the globe, selected from a pool of over 600 applicants. The cohort was named after the recorded peak atmospheric CO2 concentration of 417.1 ppm, in May 2020.

D3’s partner investor funds have $2 billion of assets in management, and its corporate partners have a combined market capitalization exceeding $3 trillion. Committed venture capital to date spans four continents, coming from funds including Chrysalix Ventures, CRCM Ventures, Emerald Technology Ventures, Factor[e] Ventures, Imperative Ventures, Social Alpha, Skyview Ventures, Tsing Capital, and Volo Earth Ventures. Confirmed corporate partners include AT&T, Berkshire Hathaway Energy, BP ventures, Engie, Envision Group, FedEx, Microsoft, Shell, and Wells Fargo.

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We’re a development company that focuses on transforming industrial waste heat into emission-free power with no capital needed from host facilities

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