A US$100-million venture capital fund launched last month with a focus on early-stage climate technology is distinguishing itself with the deep subject specialty its principals bring to the table.
“It can feel like a new climate fund is announced weekly,” GreenBiz reports. “The billions of dollars being poured into climate tech means that many funds successfully launch and raise without much specific expertise. And climate venture capital (VC) is unfortunately following in the footsteps of the overall VC world, where only 15% of general partners at firms are women.”
But it’s a different story with Voyager Ventures, thanks to the “expert knowledge” that managing partners Sierra Peterson and Sarah Sclarsic accumulated from their past work in climate tech and policy.
“The fund is supported by a suite of investors and partners across the corporate, climate tech, and environmental worlds,” GreenBiz writes. “This includes past or present CEOs of General Electric, Lyft, and Shopify, as well as Lowercarbon Capital’s Chris Sacca. The Nature Conservancy has also joined as an investor and partner, bringing its scientific rigour to the fund.”