There aren't too many VCs solely backing purpose-driven tech, so this is great news! Kudos to Cameron McLain, co-founder and managing partner of Giant Ventures
"The VC funds will back firms in the UK, US and the Nordics operating in climate tech, health tech and inclusive capitalism.
The first fund, worth $100m, will back 25 companies at the seed stage, while the second $150m fund will be focussed on Series B and beyond investments for climate tech.
The climate tech sector has become one of the UK’s best-funded, however, there has been a notable gap in later-stage funding for climate tech, which the Giant fund aims to plug.
“Our vision is to create the world’s leading engine of purpose-driven innovation,” said Cameron McLain, co-founder and managing partner of Giant."
Inclusive capitalism, moving beyond maximising shareholder wealth - love it! And it's what all good companies should be doing, or striving for.
Purpose-driven innovation - moving from the executive-level strategic discussions to operationalising how it's going to be done, and getting on with it. That's a huge challenge facing us all, and I'd love to connect and talk about it, if that's what floats your boat.
Troy Dyer James Bedford Chaithanya Kumar Joy Lewis Mark Butchard Jeff Bird Ben Paget Angela W. Clive Barnard Ann Sudder James Allum, PhD Ivo Kerkhof
#purposedriven #datadriven #projectlighthouse #employeexperience #customerexperience
