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A new climate venture capital fund with big-name backers

Ben Geman of Axios reports on a new climate venture capital fund.

The C3 Take
  • Earthshot Ventures is the latest climate venture capital fund to launch this year and is backed by Microsoft, Tom Steyer, and other hardware and software companies.
  • The fund, which has $60 million in assets, will invest in entrepreneurs and technologies that deploy solutions for communities that are most affected by climate change.
  • The launching of this venture fund shows that capitalism is environmentalism.

“Earthshot’s ties to Hawaii- and Alaska-based organizations will ‘bring real-world experience and insight deploying technologies in communities on the front lines of climate change,’ the announcement states.”

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.

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