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Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

China has taken a big step towards reducing its hydrochlorfluorocarbons by closi...

Ozone layer on road to recovery – U.N.E.P., W.M.O.

Ozone layer on road to recovery – U.N.E.P., W.M.O.

The ozone layer is on the road to recovery, but unified action is still needed t...

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

The primary goal of modern-day eco-friendly African safaris is to lessen the ove...

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could be looking at economic losses of around 2 ...

South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

Business

Technology

More ethanol-tolerant yeast for more biofuel production

More ethanol-tolerant yeast for more biofuel production

Thursday, 09 October 2014

Yeast is an important component in the ethanol production process; however, high concentrations of ethanol are toxic to yeast. In order to improve the...

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Politics

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

Sunday, 12 October 2014

A state-wide poll commissioned for the Natural Resources Defense Council reveals that New Yorkers oppose fracking and support clean, renewable energy....

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Living Green

How to make your house more eco-friendly and energy efficient

How to make your house more eco-friendly and energy efficient

Tuesday, 14 October 2014

When you are in need of powering your home, but also making sure you have it done in an eco-friendly way that helps keep the power you use more manage...

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Renewables

Low-Carbon

Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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‘A.T.M.’ machine for recycling used gadgets gain in Series B

A San Diego startup that came out with an easy way for consumers to discard their old electronic gadgets closed its Series B investment round with approximately $17 million.

EcoATM is just like a regular A.T.M. machine that churns out cash - but only in exchange for old mobile phones and other electronic gadgets for recycling.

The machine is a self-serve kiosk where one can drop in her gadget. The machine will then inspect its condition and assess its dollar value, which it can either dispense to the user in cash, directly from the "A.T.M.," or make store credits with.

The collected used electronics are then resold to recycling companies.

EcoATM said it intends to use the amount raised to broaden its network of EcoATM kiosks.

"Over the past two years, EcoATM has built a network of approximately 50 kiosks in locations throughout California and beyond with tremendous consumer response," said Tom Tullie, chairman and chief executive of EcoATM.

According to Mr. Tullie, the new funding will enable mass commercialization and a national roll-out of their patented stations.

Current investors Claremont Creek Ventures, Coinstar, Inc. and TAO ventures all increased their investments in the company. New investors included PI Holdings, Moore Venture Partners, AKS Capital and Singapore billionaire Koh Boon Hwee.

EcoATM also announced that they got an additional $1 million from the National Science Foundation through a Phase II grant. The foundation previously provided a Phase 1 grant to EcoATM in February 2011 to further refine and expand the technology used in their kiosks. – EcoSeed Staff



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