30-05-2025
- Business
- Wall Street Journal
Behold, a Climate-Tech Venture Fund Closed in 2025
Planeteer Capital, a New York venture firm led by Managing Partner Sophie Purdom, defied the odds this year by closing a $54 million first-time fund to invest in climate-tech startups.
Such funds are far and few between. Just 23 venture funds that have climate as an investment focus were raised in the U.S. last year, representing a 15-year low, according to research from Silicon Valley Bank, a commercial bank division of First Citizens Bancshares.
