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January 24, 2024
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Revolutionary $335M Fund Fuels ArcTern’s Decarbonization Breakthroughs

ArcTern Ventures, a Canada-based cleantech-focused venture capital investor, has raised $335 million for its global decarbonization venture fund, ArcTern Fund III. The fund aims to invest in technology companies that develop solutions in renewable energy, clean mobility, circular economy, sustainable food and agriculture, and industrial decarbonization. It will focus on early-stage growth companies with the greatest potential for greenhouse gas (GHG) avoidance, primarily in North America and Europe. Key investors in the fund include TD Bank Group, Allianz, Church Pension Group, OPTrust, and Credit Suisse Asset Management.

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