Climactic Launches With $65M Inaugural Fund

A group of seasoned founders, CEOs, operators and venture capitalists announced the launch of Climactic, a New York City and San Francisco, Calif.-based venture capital firm, with a $65M inaugural fund dedicated to accelerating the growth of software-first climate tech startups. 

Notable LPs in the fund include Reid Hoffman, Chris Sacca, Ev Williams, Mike Schroepfer, Chris Larsen, Alison Pincus, Mark Pincus, Logan Green, Stephen Simon, Jeff Clavier, John Zimmer as well as institutional investors StepStone, HG Ventures, Brown Advisory, MIO Partners, Knollwood, NfX, and Mayfield. 

A group of seasoned founders, CEOs, operators and venture capitalists announced the launch of Climactic, a New York City and San Francisco, Calif.-based venture capital firm, with a $65M inaugural fund dedicated to accelerating the growth of software-first climate tech startups. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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