We are pleased to announce that we have raised a new $200M Climate Fund. This is our second climate fund dedicated to investing in mitigation for and adaptation to climate change.
Given the state of the climate crisis and the opportunity set in the market, we have a renewed sense of commitment to this investment thesis: we will continue investing in early-stage companies and projects that reduce and remove emissions as well as provide adaptation measures.
We have invested in a wide range of solutions, including nuclear, retail electricity, electric vehicles, waste fuel and e-fuel, soil and forest measurement, organic carbon removal, inorganic carbon capture and flooding prediction and analysis. We are excited to continue working with our climate founders and to continue expanding our climate portfolio. Some of our writing on our climate investments is available here.
We recognize that the climate crisis does not have borders. From our first climate fund, we have invested in eight different geographies – Australia, Brazil, Egypt, Germany, India, Switzerland, the United States and the United Kingdom – and we expect to continue investing globally.
As always, we remain grateful to all of our investors for their continued support.