On the heels of last year’s Paris climate change talks and multiple geopolitical and environmental crises there’s a flood of new cash coming in to finance sustainable technologies and development in 2016.
Longtime investor Andrew Chung felt it in 2015 when he decided to part ways from Khosla Ventures (with that firm’s blessing) and launch his new fund 1955 Capital.
The firm, which has announced its first close with a sizable $200 million commitment, focuses on investments in energy, food, agriculture, health, education, and sustainable manufacturing.