Lowercarbon Capital is doubling down on betting on startups to solve the climate crisis.

What’s happening:

• Renowned venture fund Lowercarbon Capital, founded by Chris Sacca, has just raised $550M in new capital
• The fresh funding will go towards seeding new startups and backing their existing portfolio companies as they grow

Why it matters:

• Lowercarbon Capital is one of the most notable venture funds exclusively focused on climate tech
• From new ways to extract lithium to batteries to power solar energy to cultured oil Lowercarbon Capital has been extremely active in backing innovative startups

By the numbers:

• Lowercarbon Capital has now raised more than $2B USD in total making them one of the largest venture funds focused on solving the climate crisis
• Since their inception Lowercarbon has now made more than 70+ investments into climate focused startups

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