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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. But it’s not your average French VC fund as it’s going to be an evergreen fund focused on building a better world. If you’re not familiar with Marie Ekeland, she used to be an investor at French VC firm Elaia. Let’s start with the investment thesis.

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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. Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. Getting there will be another story.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. While many publications and reports have done an excellent job of describing the opportunities that abound on the continent, a few stakeholders like Endeavor believe a more precise picture needs to be painted.

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Betting On The Price Of Carbon

A VC: Musings of a VC in NYC

My partner Albert shared this article yesterday which suggests that the price of carbon will have to reach $150/ton by 2030 in order to create the conditions for the world to get to zero carbon by 2050.

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Builders and VCs explore the impact of air mobility on urban planning at TC Sessions: Mobility 2022

TechCrunch

Over the past decade, some of the biggest names in the tech, VC, automotive and aerospace industries have poured millions of dollars into developing electric vertical take-off and landing (eVTOL) aircraft. And that investment trend shows no sign of slowing any time soon.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Use alternative financing to fuel VC-level growth without diluting ownership. Use alternative financing to fuel VC-level growth without diluting ownership. yourprotagonist.

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Extra Crunch roundup: 3 lies VCs tell, betting big on Kubernetes, NYC’s enterprise boom

TechCrunch

billion by 2050, and members of this cohort — who are leading longer, active lives — have plenty of money to spend. 3 lies VCs tell ourselves about startup valuations. The tortoise and the hare’ story is playing out right now in VC. ‘The tortoise and the hare’ story is playing out right now in VC.