In a groundbreaking move towards fostering innovation in climate technology within the Built World, CREtech has announced the launch of the CREtech Climate Venture Coalition.
While refraining from direct investments, this coalition is poised to play a pivotal role in propelling deal flow for potential investments across its member venture firms.
With the Built World accounting for a substantial 40% of all global greenhouse gas emissions, the Coalition aims to create a supportive ecosystem for startups dedicated to the decarbonization of this vital sector.
Driving Investment Opportunities:
The CREtech Climate Venture Coalition will not function as a traditional investment entity but rather as a catalyst, channeling opportunities for investment directly to the venture firms associated with the Coalition.
To streamline this process, the Coalition has introduced a dedicated website that will serve as a centralized portal for climate tech startups in the Built World to submit their fundraising information.
This information will subsequently be shared exclusively with Coalition members, facilitating a seamless connection between innovative startups and potential investors.
Inclusive Approach to Climate Tech Startups:
The Coalition’s scope extends across all categories focusing on decarbonization within the Built World, providing an inclusive platform for startups with diverse climate tech solutions.
Recognizing the urgency of addressing climate change, startups are encouraged to submit their fundraising details via the Coalition’s website.
Importantly, CREtech will maintain a hands-off approach, refraining from vetting or selecting submissions. All data shared by startups will be treated with the utmost confidentiality within the Coalition and will not be disclosed publicly.
Leadership Under Michael Beckerman:
Michael Beckerman, the CEO of CREtech and an active angel investor in climate tech startups, will spearhead this transformative initiative.
With his extensive experience and commitment to driving positive change in climate tech, Beckerman is poised to bring strategic leadership to the CREtech Climate Venture Coalition.
Founding Members and Collaborative Ecosystem:
The success of the CREtech Climate Venture Coalition is fortified by its distinguished founding members, including Pi Labs, Building Ventures, and JLL Spark.
These venture firms bring a wealth of experience and a shared commitment to driving sustainable innovations within the Built World.
Additionally, the Coalition welcomes a diverse array of additional members, further enriching the collaborative ecosystem.
Notable participants include Aconterra, Alpaca VC, Climate Capital, Contest Point, GreatWave, Keyframe Capital, Overview, Remarkable Ventures, Remarkable Ventures Climate, Rock Yard Ventures, Shadow Ventures, Streetlife Ventures, The MET Fund, and Tawani Ventures.
Fostering a Supportive Environment:
The CREtech Climate Venture Coalition emphasizes the importance of collaboration in confronting the challenges posed by climate change.
By creating an environment where startups can connect directly with established venture firms, the Coalition aims to foster innovation, encourage sustainable practices, and contribute to the broader goal of decarbonizing the Built World.
Ensuring Confidentiality and Integrity:
To maintain the integrity of the investment process, the Coalition guarantees the strictest confidentiality for all submitted data.
Startups can confidently share their fundraising information, knowing that it will be handled with discretion within the Coalition.
This commitment underscores the Coalition’s dedication to creating a secure and trustworthy platform for startups and venture firms alike.
Future Outlook and Impact:
As the CREtech Climate Venture Coalition takes its initial steps, it sets the stage for a transformative era in climate tech innovation.
By leveraging the collective expertise of its members, the Coalition aspires to accelerate the development and deployment of cutting-edge solutions for decarbonizing the Built World.
The impact of this collaborative effort extends beyond individual investments, resonating with the overarching mission to address climate change through sustainable and innovative practices.
Conclusion:
The unveiling of the CREtech Climate Venture Coalition marks a significant milestone in the intersection of real estate technology and climate innovation.
With a commitment to inclusivity, collaboration, and confidentiality, this coalition stands poised to make a lasting impact on the trajectory of climate tech startups within the Built World.
As the Coalition catalyzes investment opportunities and paves the way for transformative solutions, its role in shaping a more sustainable future for the Built World becomes increasingly evident.
Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn
Read Related News On TDPel Media
