Lawrence Aragon
Activate Capital is seeking its third fund, while 27 other VC climate funds have already closed on a combined $7.1bn this year.
Including MCJ's new fund, climate fundraisers worldwide have now raised $6.9bn for 25 venture funds this year, according to Venture Capital Journal data.
The firm has raised $30m for its inaugural fund, which will make seed investments in healthcare data and AI start-ups that enhance cancer care and research.
Climate-focused venture funds raised a combined $6.9bn as of August 6, up from $5.2bn for all of 2023, according to Venture Capital Journal research.
Forbion, a life sciences venture capital firm, has held a first close on €75m for Forbion BioEconomy Fund I, which is targeting €150m.
Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond'.
A detailed list of climate-focused venture capital funds raised since January 2022.
WovenEarth Ventures announced it has closed its inaugural fund of funds on its hard-cap of $152m.
Fund III's investors include CalSTRS, the Grantham Foundation, the University of California, Sobrato Capital, Strategic Investment Group and Northwestern University.
The women-led firm has raised $57.2m for its fourth fund, whose investors include Mizuho Americas.