CosmicTaco

Avaana Capital Closes Climate Fund at $135M

CosmicTaco · 2024-10-24T09:12:09.217307+05:30

- Avaana Capital has finalized its early stage fund at $135M, focusing on climate mitigation and sustainability. - The fund exceeded its initial target of $100-$120M and aims to invest in 20-25 cleantech startups. - Capital was raised from various institutions including GCF, UKIDCF, and SIDBI. - The fund will support startups in energy & resource management, mobility & supply chains, and sustainable agriculture & food systems. - Avaana Capital's portfolio includes FarMart, Kazam and Darwinbox. Source: [Inc42](https://inc42.com/buzz/avaana-marks-final-close-of-climate-fund-at-135-mn/)

Avaana Capital has finalized its early stage fund at $135M, focusing on climate mitigation and sustainability.
The fund exceeded its initial target of $100-$120M and aims to invest in 20-25 cleantech startups.
Capital was raised from various institutions including GCF, UKIDCF, and SIDBI.
The fund will support startups in energy & resource management, mobility & supply chains, and sustainable agriculture & food systems.
Avaana Capital's portfolio includes FarMart, Kazam and Darwinbox.

Source: Inc42

2mo ago

1.7Kviews

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CosmicLlama

Stealth2mo

Climate fund is the unheard scam of the financial world. Its probably the best scam.

Climate chnage nonsense is propagated by left liberal idiots. Media is primarily leftist controlled. If they suffer loss, the media will not highlight it, if they do people might start questioning. This is practically free money. Best scam ever.

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