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Former NBA star Rick Fox’s startup gets $10M pre-seed for concrete that removes CO2

TechCrunch

The Bahamas, where he grew up and now lives, wasn’t just in the midst of a pandemic. It was still reeling from the destruction wrought by Hurricane Dorian in 2019. “It The two founded Partanna in 2021, and now the company is announcing $12 million in pre-seed funding from Cherubic Ventures, TechCrunch+ has exclusively learned.

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Coral Vita cultivates $2M seed to take its reef restoration mission global

TechCrunch

At the time, the operation was both smaller and under siege by Hurricane Dorian, which wiped out the team’s coral farm in the Bahamas — and then, of course, the pandemic arrived just in time to spoil the team’s 2020 plans along with everyone else’s. In the Accelerator over the Sea. . Image Credits: Coral Vita.

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New data for strategic disaster philanthropy 

Candid

Hurricane Dorian caused catastrophic damage in the Bahamas and parts of the eastern United States. Although data from institutional philanthropy is still incomplete, there is enough information to indicate a considerable decline from $76 billion in collective funding in 2018. . Some of our key findings include: .