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This energy startup wants to make utility data more accessible — and spur creation of new companies

GeekWire

From left, Bayou Energy’s Joris Van Hecke, Kalen Luciano and James Gordey on a team hike at Tolmie Peak in Mount Rainier National Park. Bayou Energy Photo) Seattle startup Bayou Energy has raised a $1.2 utilities to provide real-time information on energy use as well as consumption over time. million pre-seed round.

Energy 113
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Senators ask regulators to investigate bank and crypto ties, citing Washington state bank

GeekWire

bank regulators to investigate the ties between the banking industry and cryptocurrency firms including Farmington, Wash.-based based Moonstone Bank. They also note that Jean Chalopin, who is the head of Moonstone’s parent company FBH, is also the chair of Bahamas-based Deltec Bank. Elizabeth Warren (D-Mass.)

Banking 94
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Silicon Valley Bank was a climate tech booster making big promises 

GeekWire

Silicon Valley Bank’s website promoted its commitment to climate tech. SVB.com screenshot) Before its collapse last week, Silicon Valley Bank was a champion of the growing climate tech sector. The California-based bank offered them assistance in project finance, regulatory hurdles and sector networking challenges.

Banking 101
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Amazon, Microsoft, Breakthrough Energy share climate news as ‘Climate Week’ kicks off

GeekWire

Climate Week is kicking off Monday in New York City and major companies including Amazon and Microsoft as well as Bill Gates’ Breakthrough Energy are sharing news of their efforts to decarbonize. based company is donating $100 million to Breakthrough Energy Catalyst. (Climate Pledge Arena Photo).

Energy 127
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General Fusion lands $130M from Bezos and others as fusion energy sector keeps heating up

GeekWire

Artist’s rendering of the Fusion Demonstration Plant that General Fusion is planning to build at the UK Atomic Energy Authority’s Culham Campus near London. The news: The fusion energy field just keeps getting hotter. Seattle’s Zap Energy, one of the newer players, landed $27.5 General Fusion Image). million in May.

Energy 138
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US and Europe will block some Russian banks from SWIFT

The Verge

The letter, signed by the United States, UK, Canada, and European allies, lays out new measures to isolate Russia’s central bank, and announces a new trans-Atlantic task force to freeze the foreign assets of sanctioned individuals. used to authenticate payment instructions between banks. billion to $52 billion.

Banking 98
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WestRiver Group will sell debt investment business to Silicon Valley Bank

GeekWire

Seattle investment firm WestRiver Group agreed to sell its debt investment business to Silicon Valley Bank Financial Group, the parent company of Silicon Valley Bank (SVB). WestRiver Group previously partnered with SVB on various transactions. . Terms of the deal were not disclosed.

Banking 106