Peter Sun’s Post

20 funds earmarked to go towards climate this year 💰 2024 has started off with a succession of new climate fund announcements From dedicated climate tech VCs, to the more generalist funds with a climate angle. Here at ClimateHack a total of 20 announcements in January, some of which are still in the fundraising process, others which are full committed and ready to start deploying. Yet despite the promising early start, many insiders still agree, ClimateTech funding is still away from where it needs to be and far more capital (particularly at the scale up stages) needs to make its way to into this space - expect to see many more announcements in the months ahead. ✨ Let's meet them ✨ Apax, Innovation Endeavors, New Forests, Vidia Equity, Plural, Blue Earth Capital AG, Speedinvest, Giant Ventures, AC Ventures, Future Energy Ventures, Revo Capital, Practica Capital, Bramble Partners, Envisioning Partners, Eatable Adventures, Vectr7 Investment Partners LLP, Kost Capital, SMOK Ventures, Carbon13, One Acre Fund https://lnkd.in/eFYYHxTx PS if you’re a founder in climate tech looking to raise VC funding this year, then the HackSummit is an unmissable event. Apply for tickets https://www.hacksummit.co/

🌍 Some positive climate news before most people take off to well-deserved summer holidays! PitchBook posted The 2024 Climate Tech Funds Report for Q2 and revealed promising trends and key areas for climate tech investments: Key Insights: - VC Fundraising for Climate Tech: after a peak in 2022 with $18.7B raised, and a huge drop in 2023 to $3.9B, 2024 shows strong recovery reaching $3.4B by mid-year. - Focus Areas: Broad climate tech, clean energy, low-carbon mobility, and sustainable food & agriculture. - Top Fund Managers: Lists include early-stage, multi-/late-stage VC funds, and corporate venture capital (CVC) funds. 2024 has seen 18 climate funds close, with five exceeding $300M: • Chevron Technology Ventures, Future Energy Fund III ($500M) • Norrsken VC, Norrsken VC Fund II ($342.8M) • ArcTern Ventures, ArcTern Ventures Fund III ($335.0M) • ETF Partners, Environmental Technologies Fund IV ($306.8M) • Clean Energy Ventures, Clean Energy Venture Fund II ($305.5M) Full report is here: https://lnkd.in/dzDiPJmW In COsolve we are on a mission to accelerate a regenerative economy by working with impactful ventures (start-ups and scale-ups) that share our urgency for sustainable change and see the challenge as an opportunity. We support climate tech startups focused on decarbonization with capital, customers and talent. Feel free to reach out to me to discuss climate tech trends and future opportunities. #ClimateTech #VC #SustainableInvestment #Innovation

General tech grows itself because of the founder / operator ➡ angel investor ➡ more founders / operators cycle. I reckon we need to make this happen for climate tech too. How to go from being one to one of many? One of my bets is joining Climate Capital's upcoming Climate Angels cohort as a mentor. Exciting times ahead we brew the next wave of angel investors with Sundeep and Jennifer. If you are believe in this virtuous cycle too, come say hi 👇 https://climateangels.vc #ClimateInvesting #Climactic

Let's talk about Abe Yokell, a trailblazer in climate tech investment. 🚀 Abe isn’t just any investor; he’s a pioneer who stuck with climate tech when it was more a whisper than a roar. His mantra? Storytelling is key. 📖 Think about it: Complex climate solutions need relatable stories. Abe’s work, like with Span, shows how a gripping narrative can turn tech jargon into something we all get excited about. 💡 His big lesson for us: Climate solutions must not only be green but also commercially savvy. Abe’s blending passion with profit, proving eco-friendly can also be wallet-friendly. 💚💰 In a nutshell: Abe’s not just investing in tech, he’s investing in stories that change the world. Feeling inspired or have a climate tech tale to tell? Slide into my DMs. Let's make some noise together! 🌍🌍🌍 Andrew here, from Unf❤️ck the Planet. I'm all about showcasing climate tech innovators and shaking up the status quo. If you've got a groundbreaking idea or a company to feature, let's chat. Remember, we're not just telling stories; we're making history! #ClimateTech #Storytelling #Innovation

Climactic, a climate tech-focused investment operation started by Raj Kapoor and Josh Felser, has closed a $65 million inaugural fund. The fund will be used to support founders launching climate tech software companies. 🌱 💻 Kapoor and Felser believe that driving net-zero goals in the top 50 companies’ supply chains can significantly impact climate change. They see software as the key to achieving this goal, aiming to leverage efficiencies in the sector to make substantial contributions to addressing environmental challenges. #climatetech #climatetechinvesting #climatetechfund #esg #esginvesting #esgsolutions #netzero #netzero2050 #netzerotransition

In this week's edition of The Cooler, we sat down with Abe Yokell, managing partner at Congruent Ventures, to learn more about how important climate storytelling is to financially mainstreaming cleantech solutions, and how climate investment has evolved over the course of his career. Check out our full conversation in the link below and don't forget to subscribe to The Cooler for more climate conversations delivered to your inbox. #TheCooler #storytelling #cleantech #climateinvestment

The venture capital landscape for climate tech continues to show great promise. However, it is essential to gain a better understanding of climate tech timelines and adjust expectations accordingly. This understanding is crucial to meeting the significant capital needs of the sector and effectively transitioning to a low-carbon economy. Great article by Dasha Shunina https://lnkd.in/eiX-ZFpg

Vectors Capital is riding the wave of 3% (and growing) climate-tech specialist investors. Amid the overall headwinds felt by VCs the last 2+ years climate tech specialist funds have overall done well and aim to be part of a vintage with outsized returns when (and as) the cycle shifts towards the upwards trajectory. #decarbonization #climatetech #deeptech #deepscience

While accurate data is being the compass guiding us towards a more sustainable future, turning knowledge into action and drive impactful environmental change, the “Pitch Book Company” is highlighting some insightful and informative statistics for the “Climate Tech Funds in 2024” in its latest report. The report features 213 climate specific venture capital fund managers, in addition to with fundraising patterns, wider venture capital space comparisons, and fund manager lists. The report also comes to a conclusion that 2022 was the highest year for climate tech venture capital fundraising, with $18.7 billion raised, compared to the next largest year of 2021, which was $8.8 billion. The 2024 Climate Tech Funds Report is a must-read for investors, policymakers, and anyone interested in the future of sustainable technology. Dive into the full report to explore how climate tech is transforming industries and driving positive change. Discover more about the latest trends and opportunities in climate tech by accessing the full report https://lnkd.in/dj3uxgMK.. #Sustain_Insight #Sustainability #ClimateAction

Last week, Kristian Branaes and I got to share with Linnea Ahlgren (TNW) what we're building at Transition. We talked about the "translation puzzle" that needs to be solved when (often technically & scientifically trained) climate founders meet/work with VCs. Founders need to be able to paint a picture of what their invention looks like at scale; in a language that VCs can wrap their heads around. Additionally, VCs need to put in the work to dig into the science and understand the scaling challenges (technical, commercial, policy, financial, etc) that these founders might face. 🔑 At Transition; this is were our 'Venture Partners' come into play, supporting the team of investors. With backgrounds in both science and scaling deep-tech, Andrew Stevenson, Henry McLoughlin, Frauke Kracke, Eerik Hantsoo and myself, closely work with the investment team and the founders to lay pieces to this puzzle.