Voyager Ventures Closes Select Fund I to Invest in the Next Generation of Climate Tech
SAN FRANCISCO, Feb. 7, 2024 /PRNewswire/ -- Voyager Ventures, the VC firm investing in early-stage climate technology companies in North America and Europe, today announced the close of Voyager Partners Select I, LP at $100 million. This announcement follows Voyager's $100M Fund I in April 2022, landing a total of $200M to date to fund the future of a decarbonized global economy. While investment in climate tech decreased in 2023, Voyager's new fund signals ongoing interest from limited partners (LPs) in backing climate tech startups, solidifying Voyager's standing and expertise in partnering with ambitious founders building the future of energy, transportation, materials and carbon removal. Notably, both Voyager's Fund I and Select I were oversubscribed, emphasizing the demand for climate investment opportunities.
- Notably, both Voyager's Fund I and Select I were oversubscribed, emphasizing the demand for climate investment opportunities.
- "We are excited to put the Select I fund to work in accelerating the commercial scale of climate tech companies poised for market dominance.
- The energy transition is a generational opportunity and forward-thinking investors recognize the potential for robust returns in climate tech," said Sierra Peterson, Founding Partner at Voyager.
- "Participating in Voyager Ventures' Select I Fund, and working with Sarah and Sierra, is a strategic move toward smart business.