Climate crisis brings high school friends together to back startups overlooked by other VCs
Publishing timestamp: 2024-05-09 08:50:51
Summary
Starshot Capital, a climate-focused venture firm founded by Jeremy Brewer and Sam Levac-Levey, has raised $35 million for its debut fund. The firm aims to invest in startups working on climate solutions in various industries beyond energy and transportation, such as food and agriculture, industrials, manufacturing, and buildings. They see opportunities to reduce greenhouse gas emissions in industries that have been overlooked by other investors. Brewer and Levac-Levey have a background in tech and clean energy startups and are looking to back companies that offer gigaton-scale solutions to increase profitability and revenue for their customers.
Sentiment: POSITIVE
Keywords: venture capital, climate, technology, alphabet inc, autos, business news, meta platforms inc,
Source: https://www.cnbc.com/2024/05/09/starshot-raises-35-million-to-back-climate-focused-startups.html