VoLo Earth Ventures Closes Inaugural Fund, at $90M

VoLo Earth Ventures , a Snowmass Village, CO-based enterprise capital agency that invests in early-stage local weather tech firms, closed its inaugural fund, VoLo Earth Local weather Fund I, with complete commitments of roughly $90m.

The Fund obtained help from a various base of world traders, together with Credit score Suisse’s Local weather Innovation Fund, foundations, fund-of-funds, personal fairness and public fairness fund managers, and high-net-worth people, together with power consultants.

The automobile, which targets pre-seed by Collection B investments in firms with sturdy follow-on alternatives, focuses on transaction execution throughout 4 core sub-sectors that search to handle the planet’s local weather disaster: electrical energy, mobility, buildings, and embodied carbon.

So far, the Fund has deployed 54% of dedicated capital.

Joseph Goodman, Managing Companion, Kareem Dabbagh, Managing Companion,

Since inception, VoLo Earth has made 28 investments throughout each the provision and demand sides of the power transition. Choose funding highlights embody VoLo Earth main:?

• the $1.1 million seed funding spherical and co-leading the $20 million Collection A funding spherical raised by Blue Frontier, Inc., the main innovator in ultra-efficient sustainable air-con know-how;
• the $30 million Collection A funding spherical raised by Ion Storage Techniques, a game-changing stable state battery firm designing?batteries which can be safer, lighter, and allow type elements with tighter packing density;?and
• the $8.2 million Collection A funding spherical raised by Banyan Infrastructure, a challenge finance platform designed to simplify, speed up, and optimize the financing of sustainable infrastructure throughout the complete life cycle.

Shishir Gupta, The Founder & CEO of StartupLanes said,

VoLo Earth Ventures Closes Inaugural Fund, at $90M. May this business bring you huge success and fulfillment.

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