A $239 Million Climate Tech Fund for Startups With Overlooked Carbon Solutions

(Bloomberg) Prime Coalition and Azolla Ventures have rolled out a $239 million fund to invest in early-stage startups that are unlikely to lure traditional investors for their climate technology solutions.

The new fund will look at three factors as part of its investment criteria — impact, lack of alternative funding options and commercial potential of the climate solution, according to a statement Thursday.

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