Climate

A list of climate-focused VC funds closed in 2024.

Including MCJ's new fund, climate fundraisers worldwide have now raised $6.9bn for 25 venture funds this year, according to Venture Capital Journal data.

SET Ventures, a Dutch venture capital firm focused on sustainable technologies, raised €200 million for its fourth fund.

The fifth and final part of our data center series explores niche options that investors hope will help data centers be less of a drain on global resources.

VC funds are backing small module reactors, geothermal power and green hydrogen producers as the push for carbon-free computing gains momentum.

More data center operators are turning to liquid cooling systems to handle increased heat generated by higher-density data processing equipment.

Climate-focused venture funds raised a combined $6.9 billion as of August 6, up from $5.2 billion for all of 2023, according to Venture Capital Journal research.

This is the first of a five-part series that looks at the challenges presented by the rapidly growing data center industry, which will require a host of new technologies – and substantial venture capital investment – to meet the demands of AI.

Forbion, a life sciences venture capital firm, has held a first close on €75m for Forbion BioEconomy Fund I, which is targeting €150m.