I am pleased to share that effective May 1st I have been appointed as Chief Operating Officer of Yurra. More and more venture capital is going to bridge rounds vs primary rounds this year. Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production and Consumption sectors. Are you building something exciting and impactful in climate and just forming your first institutional capital? CNH INDUSTRIAL FRANCE CROIX 59170 - Industrie Explorer Big ocean-scale news from Ebb Carbon today - we have secured $20m in Series A funding! Bio. On Thursday, the young San Francisco-based firm closed a $ 175 million second fund, bringing it to $ 300 million under management. So far this month we've seen 11,000 buyers register and this same month last year we saw 7,000 buyers register. Julian Spector San Francisco April 20, 2023 Cooley advised Congruent Ventures, a venture capital firm focusing on early-stage climate-oriented startups, in its $300 million Continuity Fund. The investors see Congruent Ventures as a new type of fund that collaborates closely with follow-on investors. The firm concentrates on backing developers of technologies aimed at reducing carbon emissions. The heart and soul of our business operation is based on an ongoing commitment to: Last Name First Name Middle Name; Congruent Ventures II GP, LLC: n/a: Street Address 1 Street Address 2; The leading representative office of defined VC is situated in the San Francisco. Former CEO of Bizness Apps & Altcoin (both acquired). In 2017 was created Congruent Ventures, which is appeared as VC. Shepherding a new venture to success is hard enough; bootstrapping a new economic sector represents something orders of magnitude more difficult. Our San Francisco and Berlin teams are combining our powers with Daniel SF Climate Week was a fantastic way to end my time in SF (for now!) Investors want apiece of the startups that could build alow-carbon society. Range: $100K - $5.0M. Portfolio G2 Venture Partners But god, it is worth every minute. In brief: Venture capital firms join Mark Carney's GFANZ with net zero Sinai Ventures invests in internet and software founders at all stages. Congruents portfolio includes category-leading climate companies from food to fusion, including Meati Foods, AMP Robotics, Fervo Energy, Span.IO, Hippo Harvest, Pano.AI, Avalanche Energy, Parallel Systems, and Lightship, among many others. Why The Application Layer Has Higher Success Odds Than Infrastructure It looks for technology companies that will positively impact energy and resource consumption. These angels provide seed investments to the next wave of entrepreneurs and help their investees with introductions to potential employees, partners, and investors. Co-Founder and Managing Partner at Congruent Ventures. For the summer of 2023, we focused on The Built Environment deals that will qualify for co-investment from our philanthropic Decarbon8-US impact fund and personal investment. Chris Abshire is a senior associate at Toyota Ventures, responsible for sourcing startups, evaluating opportunities, negotiating, and closing investments. This explains why, so you can avoid their fate. As money gets made in a new corner of the market, a complex network forms to support the new fields development. We look for technology companies that will positively impact our energy and resource consumption. My newsletter Survivaltech.club was also honored to host an amazing group of deeptech climate builders and investors together with Fifty Years last week When you have an incredible business model, you can either disrupt yourself and destabilize your ship, or wait until someone else does it. Related Persons. Sinai Ventures And some of their LPs. AI could replicate the post-WWII surplus that drove the next 40-60 years of prosperity. We're committed to making the right talent, resources, and ideas available to our entrepreneurs. Huge congrats to the Cooley team led by John Dado who advised Congruent Ventures, a venture capital firm focusing on technology companies that will positively impact energy and resource consumption, on its $300 million Continuity Fund. Eric Wesoff, Dan McCarthy . They know, as I know, that capitalism holds the best chance for humanity to adapt to the daunting challenges posed by climate change and that building a sustainable economy represents an investment opportunity that will make the Industrial Revolution look penny ante. (Culture, Community & Commercial Development) Congruents portfolio includes many category-leading climate companies from food to fusion, including Meati Foods, AMP Robotics, Fervo Energy, Span.IO, Hippo Harvest, Pano.AI, Avalanche Energy, Parallel Systems, and Lightship, among many others. Congruent is a venture capital firm that seeks to invest in the mobility and urbanization, energy transition, food and agriculture, and sustainable production and consumption sectors. The company was established in North America in United States. Llaunched in 2017, Congruent Ventures is co-led by Joshua Posamentier and Abe Yokell, who have decades of climate tech investing expertise between them. 2021 Climate Impact Report Climate Focus Mobility and Urbanization Energy Transformation Food and Agriculture Production & Consumption Learn More Highlights 2023-01-25 Building the Climate Bench Substack 2023-01-25 Building the Climate Bench Substack Congruents co-founder and managing partner. Congruent Ventures fund to focus on early-stage investments, Microsoft Climate Innovation Fund among participants, Rivians Troubles Dont End at a 93% Wipeout, IBM to Pause Hiring for Jobs That AI Could Do, First Republics Jumbo Mortgages Brought On Banks Failure, Buffett Will Beat theMarket asRecession Looms, Investors Say, Yellen Warns Congress Treasury May Run Out of Cash Soon as June. And together, LFG! Congruent Ventures - Crunchbase Investor Profile & Investments Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. 150 LP Meetings If it checks all the boxes for security, IT, and compliance teams, then that's good enough, even if they dont understand how it really works. 300. Congruent has supported 51 companies over the past 6 years, making it one of the most active and experienced U.S. investors in climate. Shane Goudey on LinkedIn: Lux Capital Closes Lux Ventures VIII at $1.15 As both plants and start-ups grow, numerous problems can and do occur, but the most delicate part of the lifecycle is early on. Data caveats - this analysis is on US startups, Seed through Series F. I look forward to meeting many innovative startups and VC colleagues. The financial crisis wrought havoc among established companies, but the ripples caused by the crisis crashing oil prices and general deflationary trends also destroyed the operating model of many CleanTech start-ups. Lucas Mann on LinkedIn: Congruent Ventures Raises Growth Fund to Back Why Google Missed The Mark with DeepMind the climate sector focuses on mobility and urbanization, energy transition, food and agriculture, and sustainable production and consumption.. Abe Yokell on LinkedIn: Congruent Ventures Raises $300 Million for Climate Startups | 195 comments Amazing result for Congruent and incredible work by John and his team! Cambridge Associates Congruent Ventures consumer products energy food manufacturing prelude ventures venture capital Startups Daily Crunch: Silicon Valley Bank goes bust regulators take. CEO @ Acquire.com. Toyota Ventures Frontier climate tech | EIR at Lifeline Ventures | Founder at Survivaltech.club. 2 The second pillar supports the setting up of new fabs and "open EU foundries" (Article 11, very interesting concept!). Congruent Announces $300 Million Continuity Fund Congruent Ventures II, LP: Street Address 1 Street Address 2; 6114 LA SALLE AVENUE #443: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; OAKLAND: CALIFORNIA: 94611 (650) 843-5000: 3. Abe Yokell @Congruent Ventures - Substack Dear network, From food to fusion and panels to power, we've backed amazing founders, brought on an amazing team and catalyzed $B across 51 companies that now employ thousands of people. Congruent Ventures, launched in 2017, is co-led by Joshua Posamentier and Abe Yokell, who have decades of climate tech investing expertise between them. Catch up fast: Congruent, helmed by longtime clean tech veterans, launched in 2017 with a $92 million fund, and a second $175 million fund in 2021. SAN FRANCISCO, CA, April 19, 2023 Congruent Ventures, an early-stage climate and sustainability venture firm, today announced the close of its first Continuity Funds focused on quickly scaling its early-stage portfolio with more than $300 million in commitments, highlighting the interest of institutional investors seeking exposure to climate venture despite a challenging fundraising environment. 2022 Pulse 2.0 LLC. Early-stage venture firms also have good connections with later-stage venture firms. InsurteChile Viola Ventures We also had the chance to hear about some of the more exciting investments Emmeline Ventures has made. Congruent VenturesAssociate Investment Range $100K-$5.0M Sweet Spot $1.5M Current Fund Size $500K Logan Ashcraftis on these Sector & Stage Rankings ClimateTech/CleanTech(Seed)Consumer Internet(Seed)DeepTech(Seed)Enterprise(Seed)FinTech(Seed)Hardware(Seed)San Francisco Bay Area Logan Ashcraft's Media (2) Charging Up | Gender diversity in climatetech, Down to the Wire | Deep dives into complex energy issues, Eating the Earth | Decarbonizing our food systems. He also proposes an astonishing simple framework 2023 Cooley LLP and Cooley (UK) LLP. For many use cases, chat will replace search. Congruent Ventures, a climate-focused VC firm, has closed its first continuity fund with over $300 million in commitments. Stop by and come over the VC round table! For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Source: SEC filing TAGS Fundraising Iris Dorbian MOST RECENT Spain's Altamar CAM eyes impact with new VC fund Todd Pelman on LinkedIn: #ocdr #mcdr #cdr #climatechange | 24 comments Joshua Posamentier on LinkedIn: Congruent Ventures Raises Growth Fund The two partners will make the early-stage investments through their $50 million. Please. This brings total AUM for Congruent to more than $700 million, making it one of the largest climate portfolios in early-stage venture and nearly doubling the firms AUM. Heres Why. I very much look forward to future MassRobotics and Lever Talent, Inc. collaborations! The target is $175 million. AMP Robotics, a materials recovery startup. Amy Duffuor LinkedIn: #ventureclimatealliance #netzero #netzerovc # The future is bright for Yurra and to help lead this is a rare opportunity. Heres the kicker about ClimateTech: the ClimateTech garden and its supporting ecosystem was thoroughly uprooted by the fall-out from the Financial Crisis. Grey is 2022. Find out more about how we use your personal data in our privacy policy and cookie policy. Cooley is a registered service mark of Cooley LLP in the United States and European Union as well as certain other jurisdictions. #itclatam started ! From 150 LP meetings to raising $230M as a solo GP with Theory Ventures. Logan Ashcraft's Investing Profile - Congruent Ventures Associate | Signal https://www.wsj.com/articles/congruent-ventures-raises-growth-fund-to-back-its-climate-tech-startups-db26a110. to evaluate your business viability. An associate is an entity over which an investor has significant influence, being the power to participate in the financial and operating policy decisions of the investee (but not control or joint control), and investments in associates are, with limited exceptions, required to be accounted for using the equity method. Headquarters Location Congruent Ventures invests in early-stage sustainability technology companies. -- b.rad. The funds commitments represent Limited Partners with more than $2 trillion in assets, bucking the recent trend of LPs trimming their exposure to venture capital and private equity. Read more: Axios Congruent Ventures: Over $300 Million In Commitments Raised To Invest In Climate Tech. It focuses on offering growth capital investment to mobility and urbanization, energy transition, food and agriculture, sustainable production, and consumption industries. pod with Harry Stebbings giving all the details you'd want to know about how he raised his FTF. Experienced early-stage CleanTech venture fund partners threw in the towel and retired to ranches in Wyoming. SPEFL-SC is a not-for-profit organization formed by the Ministry of Skill Development and Entrepreneurship (MSDE). Congruent Ventures raises $175M fund for early-stage | Canary Media Silicon . It's a vanity metric for VCs. It looks for technology companies that will positively impact energy and resource consumption. Congruent's Inaugural Climate Impact Report for 2020 Now, as humanity faces some daunting challenges and a new generation of entrepreneurs realizes that solving those challenges represents an opportunity of enormous proportions, venture capitalists like Yokell and Posamentier have their work cut out for them. 15% close rate These investment losses arguably set back the CleanTech / ClimateTech world by a decade because they decimated the ecosystem that allows new ventures to flourish and grow. Overnight on Wall Street is morning in Europe. Details: First Round Capital led the all-equity financing, which included existing Evergrow investors XYZ Venture Capital, Congruent Ventures and Garuda Ventures. Congratulations to our client Congruent Ventures, a venture capital firm focusing on technology companies that will positively impact energy and resource consumption, on its $300 million Continuity Fund. Register here for the whole 30 Minute Chai series, including biweekly masterminds and VC guest sessions: https://lu.ma/30minchai Proceeds from the Continuity Fund will be used to help scale existing portfolio companies from early stage to full commercialization. Follow along as he lays out the blueprint for his career, and takes us all the way from his first sketch to his thriving personal brand, Spunge. Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production and Consumption sectors. It is a Yindjibarndi word meaning sun. Twenty-three venture firms have founded the Venture Climate Alliance, including Union Square Ventures and Tiger Global, and have "committed to achieving net zero or negative carbon emissions by 2050 or earlier", according to a press release from the VCA. LPs still see opportunity in climate-tech funds | PitchBook The Congruent | 195 comments on LinkedIn Delighted that our LPs saw through the noise to support our growing early stage portfolio! M'y rendre : 71 av georges hannart. For acompany thats tapped out of available venture capital, aSPAC offers hundreds of millions of dollars in cash and apotentially favorable valuation, given market enthusiasm for the sector. As the seedling starts to grow stronger and as more industry insiders begin to hear and talk about what the new firm is doing, introductions to those later-stage venture firms are made, and more growth capital flows to the company. 10. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g.