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April 9, 2024
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Synapses Announces $125M Fund for Climate & Health Tech


TLDR:

– Synapses has launched a $125 million venture capital fund for STEM innovations in climate and health tech.
– The fund is founded by IIT alumni and veteran investors with a focus on deep domain depth and thesis-driven investing.

Synapses, a venture capital fund, has announced a new $125 million fund dedicated to supporting STEM-based solutions for climate change and health. Founded by IIT alumni and veteran investors Ruchira Shukla and Karthik Chandrasekar, the fund aims to address the challenges of climate change and an increasing disease burden through science and technology innovation. The fund, named after the connective tissue in our brains, seeks to build collaborative connections between global stakeholders in the fields of climate and health tech. The co-founders believe that commercializing innovations at the intersection of STEM and infrastructure solutions is crucial for driving financial returns and impact on a global scale. With a focus on nurturing audacious innovators and building scalable tech businesses, Synapses aims to tackle the complex challenges of climate and health technology.


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