According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda, an ‘Article 9’ €300 million climate-tech fund based out of Madrid. Article 9 refers to the EU’s Sustainable Finance […]
Climate X’s founders mortgaged their house to stay afloat — now they’ve raised a $18M Series A
When it comes to building software for climate tech, it might make sense at first to work on something in the general vicinity of carbon accounting, given that the hottest software companies in the space have something to do with either accounting, offsets, removals, or regulatory disclosure. A glance at the startups in the space […]
After hits like Reddit and Scopley, Collaborative Fund easily raised a $125M fund to tackle climate, health and food
The folks at Collaborative Fund certainly like a challenge. They don’t specialize in venture capital’s favorite business model, SaaS, preferring instead to invest in sectors like climate, health and food. What’s more, they like companies that focus on consumers, whose fickle attitudes can add another layer of complexity to any business plan. Oh, and they […]
Unity co-founder David Helgason’s next act: Gaming the climate crisis
Some retired CEOs go to space. Others move to Hawaii. But Unity co-founder David Helgason chose a different path after 12 years at the helm of the game engine company, which went public in 2020 at a $ 13.7 billion valuation. Having stepped out as CEO in 2014, Helgason still sits on the board of […]
ETF Partners raises €284M for climate startups that will be effective quickly—not 20 years down the road
While many climate investors focus their efforts on breakthrough, deep-tech solutions, Patrick Sheehan at ETF Partners has other ideas. “I’ve actually got nothing against carbon capture and storage, apart from the fact it’s probably going to be commercialized too late,” he told TechCrunch. Instead, Sheehan and his colleagues are diving into more software-centric companies that […]