Category: Clean Energy
Climate Innovation Fund Closes $305 Million Fund II to Invest in Clean Energy Ventures
- Clean Energy Ventures (CEV) closes $305 million Fund II to invest in climate innovations, expanding opportunities in North America, Europe, and Israel.
- Fund II follows successful deployment of $110 million Fund I, backing 20 disruptive companies poised to mitigate over 50 gigatons of greenhouse gas emissions.
- CEV’s investment thesis focuses on mitigating at least 2.5 gigatons of CO2e emissions cumulatively by 2050, emphasizing climate impact alongside financial performance.
Climate Tech Fund Secures Over $300 Million in Funding for Clean Energy Ventures
- Clean Energy Ventures raises $305 million for Climate Tech Fund, aiming to mitigate 75 gigatons of greenhouse gas emissions by 2050
- CEV invests in companies focusing on disruptive energy technologies and innovations to reshape energy production and consumption
- Investment criteria include capability to mitigate at least 2.5 gigatons of CO2e emissions by 2050
- CEV has made investments in various sectors such as mobility, renewable energy, carbon capture, and energy storage
- Fund II will expand investment opportunities in North America and Europe, with offices established in London to support growth in the region
Clean Energy Ventures Raises Over $300 Million for Climate Tech Venture Fund
Clean Energy Ventures (CEV) has successfully raised $305 million for its second flagship fund, dedicated to climate tech investments. Read more