50B problem, 50B opportunity

Climate change is at once the most urgent existential threat and the largest opportunity humanity has ever faced. Whether viewed from an economic, geopolitical or scientific perspective, the conditions are present for climate technologies focused on reducing GHG emissions to outperform. There are policy, capital and demand tailwinds that are increasingly driving the adoption of climate technologies. The private investment capital allocated to climate tech companies and the government policy incentives amount to hundreds of billions … and continue to grow. Technologies to mitigate past, present and future emissions exist and are ready to scale.

Humanity emits ~50B tonnes of CO2 equivalent into the atmosphere every year, but in the truest spirit of venture capital—the opportunity is equal or greater than the problem. That’s why we’re excited to announce the launch of Fund III. As Fund II nears a full portfolio, we are preparing for an October first close for Fund III. While the size of the fund will be significantly larger, with a target of $120M, the strategy will be the same. We will continue to find and nurture the best seed stage climate tech companies in North America to facilitate the transition from finite to infinite sources of energy, food, water and products.

---