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TLDR: Buoyant Ventures Releases Its 2023 Impact Report
Key points from the article:
- Buoyant Ventures unveils its 2023 Impact Report showcasing investments in digital solutions for climate change.
- The report highlights impact metrics, methodology, and portfolio details of the firm.
Buoyant Ventures, an early-stage venture fund focused on climate change solutions, has released its 2023 Impact Report. The report emphasizes the firm’s dedication to investing in digital solutions for addressing climate change challenges. With a current management of $81 million, Buoyant Ventures targets seed and Series A opportunities in various sectors including energy, mobility, agriculture, water, circular economy, climate intelligence, and the built environment.
The 2023 Impact Report from Buoyant Ventures outlines key impact metrics across its portfolio including:
- 115k gigawatts of renewable energy managed by portfolio companies
- 1.45 million metric tons of CO2 equivalent emissions avoided
- 182k gallons of water usage avoided
- Impact on over 68k lives and livelihoods
Allison Myers, general partner at Buoyant Ventures, expressed the importance of accurately evaluating the environmental impact of investments. The report also highlights details about the portfolio companies, with 55% focusing on climate mitigation, 27% on adaptation, and 18% on both. Additionally, 70% of the companies are led by diverse CEOs and founders.
Furthermore, Buoyant Ventures is proud to have more than half of its digital climate fund deployed or reserved with 13 investments in companies such as Raptor Maps, FloodFlash, and Shifted Energy. Amy Francetic, managing general partner, emphasized the significance of digital solutions in combatting climate change.
To access the full 2023 Impact Report from Buoyant Ventures, interested parties can request a copy through the provided link.
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