Julian Sachs, co-founder and chief technology officer for Banyu Carbon, gives a demo of a reversible photoacid. (GeekWire Photo / Lisa Stiffler)In a webinar Tuesday on the future of climate tech, Alan Neuhauser of Axios kicked off the questions by asking what it means to succeed in a burgeoning market where simply surviving is challenging enough. Mark Cupta, managing director at Prelude Ventures, said an essential win for a climate tech startup is having sufficient funds to buy enough time to get traction. Capital is flowing into mature sectors, Cupta said, but budding ventures need investments to stay afloat while they grow.The online event focused on a recent report by Silicon Valley Bank (SVB) that explores the state of venture capital investing in the climate tech sector. The news was mixed. While deal activity in the climate tech industry was down 14% last year from a peak in 2021, it’s doing much better than the broader tech market, which fell by 24%.Within climate tech, trajectories vary between sectors. Cupta noted that food and agriculture is “taking an absolute beating” after years of instability, whereas carbon capture and removal companies, and climate data startups have surged ahead in recent years.The dip in funding for climate tech can create growth and longevity issues for companies with big dreams and high costs

SEATTLE--(BUSINESS WIRE)--Omnidian, Inc., the solar industry leader in performance assurance and the post-installation experience, announced today its B Corp Certification. This designation recognizes Omnidian’s dedication to creating a better, more sustainable future for the environment and planet. "Getting certified as a B Corp was essential to Omnidian’s business and cultural goals,” said Leah Kyle, Head of People and Culture. “As a purpose-driven company, we wanted our employees, our stakeholders, and the world to know we aren't just focused on profits, but that we're dedicated to bettering people and the planet.". B Corp Certification is an official designation from the non-profit B Lab Global that recognizes businesses meeting high standards of social and environmental impact, corporate governance accountability, and transparency on business operations and performance. Omnidian worked closely with B Lab Global to thoroughly review its environmental, social, and business practices to achieve a 90.8 impact score (median score is 50.9)