6.7 C
London
Wednesday, November 30, 2022

Climate-focused VC continues to burn as Buoyant Ventures seeks $100M fund – londonbusinessblog.com

Must read

Who is 12-year-old movie star Lia McHugh? Age, parents, biography

Who is Lia McHugh? Born on November 18, 2007 under the sign of Scorpio, in Pittsburgh, Pennsylvania, USA, Lia Ryan McHugh is a 12-year-old child...

Loren Beech- Wiki, age, height, net worth, boyfriend, ethnicity

Loren Beech is a well-known American children's YouTuber. She is best known for uploading famous song covers to YouTube. She is only...

House ‘A Christmas Story’ for sale

IE 11 is not supported. For an optimal experience, please visit our site in a different browser.NEXT ONECongress races to intervene to prevent...

Iterative Launches Its Second Fund for Southeast Asia Startups • londonbusinessblog.com

Despite global headwinds, startups in Southeast Asia are still going strong, say the founders of Iterative capital. The Singapore-based venture capital firm, which...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

Like a groundhog and its shadow, many venture capitalists see a shrink economy and dig their way out, resting their check-signing hand for better days.

But climate-focused VCs have been ripping lately, pumping more than a billion dollars a quarter into startups striving to cut emissions as the Soil bakes.

Buoyant Ventures is such solid momentum for the industry. Based in Chicago, the investor told regulators this week via an SEC filing that it has blocked just over $50 million from a new fund. Buoyant declined to comment when londonbusinessblog.com sent an email, but the filing shows that the company has been raising money for the fund since at least May 2021. So far, 75 (unnamed) limited partners have contributed and Buoyant is fishing for just $50 million more.

Led by Electronic Arts and Energize Ventures alum Amy Francetic and former Accenture executive Allison Myers, Buoyant’s first deal dates back to the summer of 2020. Raptor Cardswhich aims to help solar parks squeeze more juice from the sun by spotting problems — such as panel damage and shade — with drones and sensors.

Buoyant said in 2021 it is targeting “solutions for the industries that contribute most to carbon emissions,” including energy, transportation, agriculture and buildings. Since then, it has funded at least four other early-stage startups, including: FloodFlash, StormSensor and others who want to monetize emissions reduction or climate adaptation.

Several other notable (and climate-adjacent) VC fundraisers have crossed our desk in recent weeks, including Fifth Wall‘s $500 million fund, Climentum Capital ($157 million), Equal Ventures ($94.8 million) and Systemiq Capital ($70 million).

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Who is 12-year-old movie star Lia McHugh? Age, parents, biography

Who is Lia McHugh? Born on November 18, 2007 under the sign of Scorpio, in Pittsburgh, Pennsylvania, USA, Lia Ryan McHugh is a 12-year-old child...

Loren Beech- Wiki, age, height, net worth, boyfriend, ethnicity

Loren Beech is a well-known American children's YouTuber. She is best known for uploading famous song covers to YouTube. She is only...

House ‘A Christmas Story’ for sale

IE 11 is not supported. For an optimal experience, please visit our site in a different browser.NEXT ONECongress races to intervene to prevent...

Iterative Launches Its Second Fund for Southeast Asia Startups • londonbusinessblog.com

Despite global headwinds, startups in Southeast Asia are still going strong, say the founders of Iterative capital. The Singapore-based venture capital firm, which...

How a $40 investment changed Luke Cook’s life and the 5 things his new startup, Cuppa, taught him

It's not often I sit back and acknowledge how far I've come in the past 2.5 years. I've grown as a person, met some incredible...