World Fund is a new €350M climate VC fund incubated by Green search engine Ecosia – TechCrunch

You might have previously thought that Ecosia was a nice-to-have search engine that planted trees when you punched-in a search term. Lovely. How nice. But no. Ecosia’s founders and the network around it are far more serious about climate change than that superficial assessment might suggest. Last year in March 2020, just before the world started to close down amid the Pandemic, that network got together and decided enough was enough: a new VC fund was needed to tackle the Climate Crisis in a different way.

So today, World Fund, a new Climate Tech VC is launching with a 350 million fund targeting startups building technology that can help decarbonize the planet. World Fund claims its Europe’s largest dedicated climate tech VC.

How did they build that size of a fund that fast? Well, it contains over 60 investors including current and former European tech founders, but also very few institutional LPs, hence why it could raise in such a relatively short time.

Incubated by Ecosia, the…

Read Full Story: https://techcrunch.com/2021/10/26/world-fund-is-a-new-e350m-climate-vc-fund-incubated-by-green-search-engine-ecosia/

The post World Fund is a new €350M climate VC fund incubated by Green search engine Ecosia – TechCrunch first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2021/10/26/world-fund-is-a-new-350m-climate-vc-fund-incubated-by-green-search-engine-ecosia-techcrunch_202110267426.html

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