Amazon backs new companies focused on low-carbon technology

Amazon backs new companies focused on low-carbon technology

The Climate Pledge Fund, a $2 billion investment program, announces new investments in Resilient Power, CMC Machinery, and Infinium.

Amazon has announced that The Climate Pledge Fund is investing in three more companies working to develop sustainable technologies. The businesses are Resilient Power, a company building electric vehicle charging technology; CMC Machinery, a company with technology that makes custom-sized boxes that eliminate the need for single-use plastic packaging; and ultra-low carbon electrofuels company Infinium.

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