- Paris-based VC firm Blisce launches climate tech fund with a target of $160M
- Fund aims to raise €150 million ($162 million) to invest in tech startups impacting climate change
- Blisce hires Pierre-Edouard Berion to lead the fund, with Lucie Basch as venture partner
- Blisce, led by Alexandre Mars, is known for investing in unicorns like Spotify and Pinterest
- New fund to focus on polluting industries like materials, food, construction, mobility, and energy
Blisce Launches Climate Tech Fund with a Target of $160M
Blisce, a Paris-based venture capital firm, has recently announced the launch of a new climate tech fund with a target of $160 million. This move highlights the growing trend among VC firms to focus on investments that have a positive impact on climate change. The fund aims to raise as much as €150 million (about $162 million) to support tech startups working in industries such as materials, food, construction, mobility, and energy.
Blisce’s Commitment to Climate Tech
Blisce’s decision to launch a climate tech fund is a significant step towards supporting innovative solutions in the fight against climate change. The firm has recognized the urgency of addressing environmental challenges and is aligning its investment strategy with sustainable goals. By dedicating resources to this fund, Blisce is demonstrating its commitment to driving positive change in polluting industries through technology-driven solutions.
Key Players Leading the Climate Tech Fund
Blisce has appointed Pierre-Edouard Berion, an experienced investor, to lead the climate tech fund. Berion’s background in venture capital, particularly in supporting tech startups, positions him well to spearhead this initiative. Additionally, Lucie Basch, the co-founder of Too Good To Go, has been named as a venture partner for the fund. Basch’s expertise in sustainability and entrepreneurship will bring valuable insights to the fund’s investment decisions.
Related Video
Impact and Future Prospects
The launch of Blisce’s climate tech fund marks a significant milestone in the firm’s journey towards promoting sustainable practices in the tech industry. By channeling resources into startups that focus on climate-friendly solutions, Blisce is not only driving innovation but also contributing to a greener future. As the fund continues to raise capital and identify promising investment opportunities, it has the potential to make a meaningful impact on the transition towards a more sustainable economy.
Blisce’s foray into climate tech investing underscores the growing importance of environmental sustainability in the venture capital landscape. By launching a dedicated fund and assembling a team of experienced professionals, the firm is poised to make a positive impact on the climate tech sector. As investors increasingly prioritize ESG (Environmental, Social, and Governance) criteria in their decision-making, initiatives like Blisce’s climate tech fund are likely to gain traction and drive innovation in industries critical to addressing climate change.
Links to additional Resources: