Natalia Chi
Chicago Local News — Buoyant closes $76 million VC fund for climate tech that we obtained from news agencies. opinions and stunning details about the Buoyant closes $76 million VC fund for climate tech that you have never heard before.
Buoyant closes $76 million VC fund for climate tech
Buoyant co-founders Amy Francetic, a former Crain’s Tech 50 member, and Allison Myers kicked off their efforts in January 2020, weeks before the pandemic rocked the economy. The setback was especially hard on women and people of color, who still make up only a small fraction of the $130 billion venture capital industry, Francetic said.
“Diversity begets diversity,” Francetic said in a phone interview. “When you are a woman or diverse fund manager you tend to find more diverse CEOs to fund.”
Buoyant, which focuses on digital technology to fight climate change by both curbing emissions and adapting to rapidly shifting conditions, so far has invested $17.4 million across nine companies. More than half of those startups…
