article thumbnail

Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. “Two-thirds of the fund will be invested in the environment and climate tech, including renewable energy, agri-tech, and food tech, and the rest will go to the information technology industry investment,” Han said.

VC 99
article thumbnail

Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

TechCrunch

The six startups making the cut for Subak’s 2022 program will each receive up to £110,000 (~$145,000) of unrestricted grant funding, along with mentorship and support to scale their impact. It wants to help to drive investment in technology needed to decarbonise energy grids through 24/7 energy tracking.