Connected Magazine

Buying into the future of the planet

Climate tech is an area of keen interest to venture capital firms. Jonathan Keane takes a look

A growing group of VC funds have made climate tech their main goal. Picture: Getty

World Fund is a relative newcomer on Europe’s venture capital scene but the firm has a clear message from the off. Its aim is to back tech start-ups that can contribute significantly to reducing carbon emissions.

Unveiled in 2021, World Fund has so far raised more than €300 million to invest in such companies. Craig Douglas, a partner at the firm, told Connected there were more than 200 backers supporting the fund, with many of ...