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Today: November 16, 2024
February 20, 2024
1 min read

WovenEarth Ventures successfully closes Climate-Focused Fund of Funds

TLDR:

  • Climate-focused WovenEarth Ventures completes final close on Fund of Funds.
  • LPs include Boston University, Northwestern University, The Pennsylvania State University, Mortenson Family Foundation, and MA Mortenson Companies.

A climate-focused investment firm, WovenEarth Ventures, has recently concluded its final close on a Fund of Funds. The Limited Partners (LPs) in this fund include notable institutions such as Boston University, Northwestern University, The Pennsylvania State University, Mortenson Family Foundation, and MA Mortenson Companies.

This strategic move underscores a growing trend towards environmentally conscious investing in the venture capital space. By attracting LPs that prioritize sustainability and climate-focused initiatives, WovenEarth Ventures is positioning itself as a key player in the intersection of finance and environmental impact.

Partnerships with educational institutions and family foundations highlight the potential for long-term sustainable investments in the climate-focused venture capital sector. The final close on the Fund of Funds marks a significant milestone for WovenEarth Ventures, solidifying its position as a leader in environmentally conscious investing.

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