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TLDR:
- Childhood friends Jeremy Brewer and Sam Levac-Levey founded Starshot Capital, a climate-focused venture firm, to invest in startups working on climate solutions.
- Starshot raised $35 million to back early-stage companies in food and agriculture, industrials, manufacturing, and buildings that are often overlooked by other VCs.
Starshot Capital, founded by childhood friends Jeremy Brewer and Sam Levac-Levey, is a climate-focused venture firm that raised $35 million for its debut fund. The firm aims to invest in startups working on climate solutions in various industries such as food and agriculture, industrials, manufacturing, and buildings. Brewer, who has experience at Google and Facebook, and Levac-Levey, who worked at Tesla and SpaceX, started their first clean energy startup in 2018 and are now focused on investing in climate tech companies that have the potential to reduce greenhouse gas emissions beyond energy and transportation sectors.
The firm sees opportunities in industries that emit significant greenhouse gases and consume a large amount of natural resources, highlighting gaps in certain sectors such as food and agriculture where alternative proteins receive more funding than solutions to reduce nitrogen-based fertilizers. Starshot is particularly interested in gigaton-scale solutions that can increase customer profitability and revenue while reducing environmental impacts. Brewer and Levac-Levey are also involved in initiatives like Work on Climate to help grow the green workforce and boost climate tech startups in a post-pandemic environment.
Overall, Starshot Capital’s focus on investing in overlooked startups working on climate solutions across various industries sets them apart as they aim to address gaps in funding and support the transition to a more sustainable future.
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