Fund title: Climate Pledge Fund
Focus of fund/fund aims:
Venture capital from Amazon for companies anywhere in the world that are developing products or services that reduce carbon emissions and help preserve the natural world
Expressions of interest via the website
The Climate Pledge Fund is a new venture capital fund to support the development of sustainable and decarbonising technologies and services. Amazon has a budget of $2billion to invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.
The Climate Pledge Fund will invest in companies in multiple industries, with an initial focus on: transportation and logistics; energy generation, storage and utilisation; manufacturing and materials; circular economy; and food and agriculture. Companies of all sizes and stages will be considered, from pre-product start-ups to well-established enterprises looking to scale.