Chicago-based climate software fund Energize Capital just raised $300 million in growth funds.We got a peek inside the 11-slide LP deck it used to raise the fresh funds.
The fresh funds, which come with a name change to represent the maturing market, will be used to back climate software startups at the Series C stage and onwards, with checks worth up to $50 million. It brings Energize's total assets under management to $1.2 billion. "You have a tonne of seed stage funds now but you couldn't have had a growth fund until now, there weren't enough companies to scale where you could have a full fund dedicated to it."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: