![]() | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(May 2025) |
Company type | Public |
---|---|
Industry | Venture Capital |
Founded | 2020 |
Founder | Amazon |
Headquarters | Seattle, Washington, U.S. |
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.
The Climate Pledge Fund was founded in June 2020 to make investments into early-stage companies focused on decarbonizing or sustainable technologies and services.[ citation needed ] As of December 2021, Matt Peterson, director, corporate new initiatives, and Kara Hurst, vice president and head of sustainability, lead the fund. [1]
Amazon used the fund as the naming rights sponsor of Climate Pledge Arena, a sports and entertainment venue in Seattle that opened in 2021. [2] The venue was designed with environmentally-friendly features and aimed to have net-zero emissions. [3]