The Funded: A coalition of venture firms has launched an alliance to fight climate change
The Venture Climate Alliance is a group of investors who are hoping to get more people to invest in green-tech startups. They want to help these startups get to net-zero carbon emissions.
Venture capital firms are joining forces to encourage founders and investors to combat climate change.
They announced on Tuesday that a coalition of 23 companies has formed the Venture Climate Alliance (or VCA). The group, made up of many Bay Area companies, wants to encourage investors to combat climate change, and to help their portfolios reach net-zero emissions by 2050.