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Bill Gates-Led Fund Raises Another $1 Billion to Invest in Clean Tech

Akshat Rathi of Bloomberg Green reports that Breakthrough Energy has invested another $1 billion into clean energy startups.

The C3 Take
  • Bill Gates-led Breakthrough Energy Ventures will use the money to fund 40 to 50 new startups.
  • Breakthrough’s investments will fund not only clean energy startups but agriculture innovation and green cement startups as well.
  • Breakthrough Energy and countless other venture capital funds are showing that the private sector, not government, is leading the way in cutting our emissions.

“Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion.”

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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