TLDR:
– Synapses has launched a $125 million venture capital fund for STEM-based solutions in climate change and health tech.
– The fund seeks to connect global stakeholders and support innovators in building global technology businesses.
Synapses, founded by IIT alumni and veteran investors Ruchira Shukla and Karthik Chandrasekar, has announced the launch of a $125 million venture capital fund focused on STEM innovations in climate change and health tech. The fund aims to support solutions that address the challenges of climate change and an increasing disease burden on a global scale. The founders believe that science and technology are key to solving these challenges and are looking to nurture audacious and path-breaking innovators to deliver impactful solutions.
The fund, named after the connective tissue in our brains, aims to build collaborative connections between global stakeholders in the climate and health sectors. It focuses on commercializing innovations at the intersection of STEM-based solutions and future-ready infrastructure deployment at utility scale. This approach requires deep sector immersion and the founders believe that solving this complexity will drive both financial returns and impact.
Synapses is committed to supporting innovators who are working at the forefront of climate tech and health tech, and aims to foster the development of leading global technology businesses in these sectors. The fund’s focus on deep domain expertise and thesis-driven investing sets it apart in the venture capital landscape, and the founders are optimistic about the potential for impactful and financially sustainable solutions to emerge from their investments.
