TLDR: Climate tech VC Blue Vision Capital adds Vladimir Savic to support global ambitions

Early-stage climate technology investor Blue Vision Capital has brought on Vladimir Savic, a former leader at Cibus and the European Bank for Reconstruction and Development (EBRD), as a managing partner. Savic has 20 years of experience in food, AgTech, and the blue economy—areas where Blue Vision has been looking to strengthen its expertise. Blue Vision founder Meir Rabkin stated that bringing someone familiar with the tech being developed in these areas is “imperative” and “strategic” as the world faces a looming food crisis and accelerated soil degradation due to population growth and rising temperatures.

Key Points:

• Early-stage climate tech investor Blue Vision Capital has added Vladimir Savic as a managing partner.
• Savic has 20 years of experience in food, AgTech, and the blue economy.
• Savic’s appointment aims to strengthen Blue Vision’s expertise in these areas and support its global expansion plans.

Full Article:

Early-stage climate technology investor Blue Vision Capital has added Vladimir Savic, a former leader at Cibus and the European Bank for Reconstruction and Development (EBRD), as a managing partner. Savic, based in London, UK, has 20 years of experience in food, AgTech, and the blue economy, areas where Blue Vision has been looking to strengthen its expertise. Blue Vision founder and managing partner Meir Rabkin believes that bringing someone familiar with the tech being developed in these areas is “imperative” and “strategic” as the world contends with a looming food crisis and accelerated soil degradation fueled by population growth and rising temperatures. Savic’s presence in the UK also opens up opportunities for Blue Vision in Europe, where the VC firm hopes to expand.

Savic’s appointment comes approximately three months after former Blue Vision managing partner Siddartha Krishnan departed the firm and it announced its global ambitions. Blue Vision invests in climate tech startups globally at the seed to Series A levels, focusing on companies capable of having “a measurable and meaningful positive impact in solving the climate crisis.” Blue Vision’s limited partners include the Government of Québec, Fonds de solidarité FTQ, Caisse de dépôt et placement du Québec, and Fondaction.

In July 2022, Krishnan, a former partner at BDC Capital’s Industrial, Clean and Energy Technology Venture Fund, joined Blue Vision as a managing partner. Blue Vision secured a first close of $40 million CAD for its first fund and hoped to raise up to an additional $20 million. The firm plans to back 25 to 30 companies through the fund, depending on the final fund size. Blue Vision’s existing LPs are excited about the firm’s global expansion plans, as it allows them to access the best deals worldwide and potentially impact future returns of the fund.

Blue Vision’s focus verticals within the climate tech category include the built environment, the blue economy, energy transition, mobility solutions, food systems and land use, and climate management. The firm has already invested in three Canadian climate tech startups.