Ben Geman of Axios reports on a new fund to help climate tech startups.
- Congruent Ventures was launched in 2017 with a $92 million fund and a second $175 million fund in 2021.
- Congruent is now launching a $300 million fund to help climate startups reach the Series C funding stage.
- The companies that will be the first recipients of this new fund are Fervo Energy, Meati, Span.io, and AMP Robotics.
“The prominent, early-stageclimate tech VC firm Congruent Ventures has closed a $300 million-plus ‘Continuity Fund’ that will aid companies in its existing portfolio.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
