MassMutual Ventures Launches Climate Tech Fund   - Diversified Communications

Commercial, GHG Emissions, Finance  -  November 17, 2022

MassMutual Ventures Launches Climate Tech Fund  

MassMutual Ventures (MMV) announced it has launched a new $100 million fund to invest in early and growth-stage companies across the U.S. in the climate technology sector. 

The MMV Climate Tech Fund (CTF) will make investments in 15 to 20 technology companies that address the sources of climate change and provide solutions for managing its impact on individuals, businesses, and communities.

“Climate change represents a challenge to the world economy of unprecedented urgency and scale, leaving no industry or business process unaffected. Meeting this challenge will require an equally unprecedented level of commercial ingenuity and innovation,” said Karl Beinkampen, MMV Managing Director, who will co-lead the MMV Climate Technology Fund in a statement. “We believe there is a growing investment opportunity to support the companies and founders who are building solutions to mitigate, measure and manage climate change. MMV’s investment capabilities, access to fund and founder networks and early-stage business expertise will enable the next generation of climate innovators to scale over time while creating a more sustainable future.”

With this new fund, MMV will manage over $1 billion in investment capital, including the funds managed by its other Boston-based team and Europe and Asia-Pacific (APAC) team investing in digital health, financial technology, enterprise SaaS, and cybersecurity companies across the globe. 

 


« Back to Energy Management

  • Facebook
  • Twitter
  • LinkedIn
  • Subscribe

Smart Energy Decisions Content Partners