Climate

The firm hopes to enable technology transfer and more employment opportunities in emerging markets by encouraging portfolio companies to scale manufacturing overseas.

More than half of 127 climate fund managers surveyed expect to see more exits this year, and 46 percent expect an increase in exit valuations, a CREO survey finds.

Myers co-founded the climate-focused venture firm with Amy Francetic.

AI, robots, secondaries, climate, women-led funds and data centers were the topics of most interest to Venture Capital Journal readers in 2024.

Fund I will focus on making Series A funding in European hardware and software ventures that accelerate the energy transition.

Fund III's LPs include UBS, WovenEarth Ventures, Rockefeller Brothers Fund, the McKnight Foundation and Zoma Capital.

Venture capital is a close third behind growth and buyouts for LPs looking for impact, according to Rede Partners’ survey of 80 institutional investors.

Activate Capital is seeking its third fund, while 27 other VC climate funds have already closed on a combined $7.1bn this year.

"When firms like TPG are coming in to provide the finance for the facilities, that's a market signal that these projects are bankable" says Robert Ethier of Impact Science Ventures.

BNP Paribas Solar Impulse Venture Fund held a first close on €150m and expects to hold a final close by the end of this year.