David Bogoslaw
In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.
VC funds are backing small module reactors, geothermal power and green hydrogen producers as the push for carbon-free computing gains momentum, writes Venture Capital Journal's David Bogoslaw.
Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.
With more than 25% of total capital invested in European tech companies going to the carbon and energy sector, sustainability-focused start-ups have attracted tech workers from other parts of the world.
Native American Capital and Investment Alliance is a platform where equity investors, investment advisers and alternative lenders can learn about investment opportunities in Native-founded companies.
With $23bn raised by new climate funds so far in 2023, the largest increase in the number of funds has been in smaller vehicles under $50m.
The New York asset manager’s LPs include family offices and smaller public pension funds that appreciate its investments in real assets that provide essential services to strengthen power grids.
Paying for expenses while fundraising, networking events and fund pitch sessions are just some of the ways the LPs are helping to overcome the disparity in venture capital.
How venture capital firms are focusing on start-ups that will make the energy grid more resilient amid the shift to renewables and electrification of industry.
Erika Lucas founded VEST Her Ventures to invest in women and BIPOC founders developing products and services for the care economy.