Voyager Ventures, a San Francisco, CA-based enterprise capital agency constructed on years of local weather expertise, launched its first fund of $100M.
Fund I invests in early-stage local weather expertise corporations in North America and Europe. Throughout its portfolio, Voyager has a goal of sequestering or averting the emissions of 500 million tonnes of carbon dioxide equal (MtCO2e) throughout the lifetime of the fund.
LPs embrace Jeff Immelt, former CEO of GE, Eva and Logan Inexperienced, CEO of Lyft, the founders of Phase, Shopify, Supercell, Unity and Tableau, respectively, together with Normal Companions from Union Sq. Ventures, NEA, Perception, and Lowercarbon’s Chris Sacca. Environmental leaders embrace The Nature Conservancy and The Grantham Basis.
Founders Sierra Peterson and Sarah Sclarsic carry a collective three a long time of expertise in local weather to their work as traders.
Peterson has been structuring markets, monetary merchandise and investments for local weather stabilization since 2005 and brings experience in vitality, coverage and financing. She has led investments in additional than 25 early-stage local weather tech corporations since 2015. Beforehand, Peterson led company growth groups at climate-focused monetary expertise corporations accountable for $3B+ in photo voltaic and vitality effectivity financing. Her expertise in local weather coverage and market design consists of the Obama White Home Workplace of Vitality and Local weather Change and the Worldwide Vitality Company.
Sclarsic has been constructing and investing in transformative expertise corporations since 2009 and brings experience in mobility, biotech, meals and supplies manufacturing and carbon elimination. She co-founded car-sharing agency Getaround and served because the founding enterprise director of Fashionable Meadow, the world’s first lab-grown leather-based and meat firm. Sclarsic enrolled within the PhD program at MIT in 2018 to analysis bioengineering methods for carbon elimination, finishing her Grasp’s thesis three months earlier than launching Voyager.
FinSMEs
08/04/2022
