TLDR: Toronto-based venture firm ArcTern Ventures has raised $335 million for its third fund, which will support companies that address climate change. The fund will focus on renewable energy, clean transport, and other industries that aim to reduce greenhouse gas emissions. ArcTern seeks to back early-stage companies that can quickly scale and have an immediate impact, such as those in the mobility sector and the electric vehicle market. The firm also prioritizes industries that are capital light and can avoid major capital investments.
Revolutionary Climate Tech: ArcTern Secures $335 Million for Third Fund
Latest from Blog
Vietnamese Startup Every Half Secures Funds from VC Investors
TLDR: Vietnamese coffee startup Every Half receives investment from Openspace Ventures and DSG Consumer Partners Every Half, founded in 2021, has eight stores in Ho Chi Minh City with a minimalist design
Investible announces Charlie Ill as new CEO
Investible appoints Charlie Ill as new CEO TLDR: Charlie Ill has been appointed as the new CEO of venture capital firm Investible. Ill succeeds Rod Bristow after his nearly four-year tenure as
Can Seattle Outshine Silicon Valley in Climate Innovation?
“`html TLDR: Seattle venture capitalist Jonathan Azoff envisions Seattle becoming the “Silicon Valley” of climate technology. The region has academic excellence, effective policy, and risk capital to support climate tech innovation. Silicon
SEC Secures Perks for Small Venture Funds
TLDR: The U.S. Securities and Exchange Commission has approved rules raising thresholds for certain venture capital funds to be regulated as investment companies. This change aims to ease costs for small funds.
Get to Know Murat Abdrakhmanov, Top Business Angel in Central Asia
TLDR: Murat Abdrahamanov is one of Central Asia’s leading business angels with a portfolio of 52 startups and over 30 years of business experience. He invests between $150K and $500K in startups