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climate tech venture capital
Trends
- 1Climate Tech Investors Shift Focus to Powering AI●Climate Tech VCs Zero In on Powering AI Instead of Cutting Carbon Emissions
Venture capital firms that once prioritised carbon-cutting climate technologies are increasingly directing money toward companies that supply power for artificial intelligence, according to The Wall Street Journal. The shift reflects surging electricity demand from data centres, which has made energy generation and grid technologies a hotter bet for investors than emissions reduction itself.
- 2Sofinnova closes oversubscribed €82 million MedTech startup fund●Sofinnova Partners closes oversubscribed €82 million MD Start IV fund to build new MedTech startups
Sofinnova Partners, the Paris-based venture capital firm, has closed its MD Start IV fund at €82 million, exceeding its original target. The fund will be used to found and back new MedTech startups, following Sofinnova's model of building companies from scratch alongside inventors and clinicians. The oversubscribed close signals continued investor appetite for early-stage medical technology despite a tougher funding climate.