Billionaires back climate-focused $125m Byron Bay VC fund
A Byron Bay-based venture capital firm promising to back companies trying to solve the planet's biggest problems has raised $92 million from some of Australia's richest people and drawn them to the coastal celebrity mecca for its annual meeting this week, with a side of whale watching.
ReGen Ventures, which is run by former Macquarie banker and hedge fund manager Dan Fitzgerald, has built a portfolio of 21 companies after raising $65 million for its first fund in 2021. The firm backs technology companies trying to solve climate and environmental problems.
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