NyxCarbon Updates

Brittany Salas
3 min readFeb 5, 2024

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January 2024

🌲 Ecosystem Spotlight🌲

Companies in carbon removal and ecosystem restoration that are new to the NyxCarbon community. Reach out to them directly.

  • Ecotropics: The Ecotropics Colombia Foundation is a leading developer of forest carbon, biodiversity and social development projects with experience in meeting the demand for high-quality and integrity carbon certificates using the best available technology. In Antioquia it has a Reducing Emissions from Deforestation and Degradation (REDD+) project that is registered in Ecoregistry, certified by Cercarbono which is accredited by CORSIA and ICROA and is being third-party verified and validated by Icontec Colombia — a BVV ISO subsidiary.
  • Website
  • Pitch deck
  • The Sea Upwelling Company Inc. Driven mechanically by ocean waves, our open-ocean free-drifting upwelling pumps deliver nutrients from ~500m depth to the sunlit surface ocean, triggering the growth of phytoplankton, which absorb dissolved CO2 to metabolize the nutrients.
  • Website

🛩️ Pilot Program Ready for Takeoff 🛩️

Gathering feedback early and often.

NyxCarbon gathered its first round of UX/UI feedback from product leaders in fintech and carbon removal. The next round of feedback will take place with Pilot Partners from financial institutions and asset managers. Following that, the platform will be available in Beta.

Lenders and borrowers will be able to explore financing options that are relevant to their company.

  • Lenders can scope out new opportunities using the NxyCarbon database of companies seeking early-stage project finance. They can then use the end-to-end solution for support with underwriting and loan servicing.
  • Borrowers can create a profile to get in front of financial institutions and asset managers. (For free!)

NyxCarbon makes this possible by automating loan contracts and providing targeted market intelligence on companies in carbon removal and ecosystem restoration.

The NyxCarbon pilot program is for financial institutions and asset managers who want access to opportunities in sustainability-linked lending.

JUST ONE SPOT LEFT!

👋 Welcome George Kelly 👋

We’re super excited to welcome George Kelly as an Advisor to NyxCarbon. George is currently the CEO of Earth Recovery Partners (ERP) and has played a key role in US policymaking for environmental markets.

Prior to ERP, his company, Environmental Banc & Exchange, was acquired by Resource Environmental Solutions. While at RES he then served as Chief Marketing Officer and helped bring on KKR as a major investor. He has worked with numerous resource agencies, landowners, investors, and private and public credit buyers on the implementation of mitigation projects. George has even promoted new policies at the federal and state levels relating to market-based solutions to achieve environmental objectives.

✍️ Meetup #1: Carbon Carrots & Sticks ✍️

Thursday, February 29th, 2024, 8:00–9:00 AM PT

Save your spot here.

Or meet us in person!

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Brittany Salas
Brittany Salas

Written by Brittany Salas

Founder, nyxc. Optimizing loan underwriting on climate companies. Previously #ClimatePolicy #VC.

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