Climate Pledge Fund

Last updated
Climate Pledge Fund
Company type Public
Industry Venture Capital
Founded2020
Founder Amazon
Headquarters Seattle, WA
Products Corporate venture capital
Total assets $2 billion
Number of employees
10+

The Climate Pledge Fund is a division of Amazon, set up to develop and manage investments in the climate technology space, as part of its Climate Pledge initiative. It is a corporate venture capital fund.

Contents

History

The Climate Pledge Fund makes investments into early-stage companies focused on decarbonizing or sustainable technologies and services. The fund is part of Amazon's Climate Pledge initiative with climate advocacy group Global Optimism. It was funded with an initial $2 billion in June 2020.

This corporate venture capital fund is distinct from the following sustainability-related organizations affiliated with Amazon:

People

As of December 2021, Matt Peterson, director, corporate new initiatives, and Kara Hurst, vice president and head of sustainability, lead the fund. [2]

Notable investments

2020 investments

2021 investments

2022 investments

Other climate tech investors

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