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Climate Pledge Fund
Amazon's climate technology venture capital fund From Wikipedia, the free encyclopedia
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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 topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (May 2025) |
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History
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]
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Notable investments
- BETA Technologies - Electric vertical aircraft manufacturer[4]
- CarbonCure Technologies - Lower carbon concrete manufacturer[5]
- Redwood Materials - process & technologies for recycling lithium-ion batteries and producing battery materials from recovered elements[5]
- Rivian - electric vehicle automaker[5]
- Turntide Technologies - optimal efficiency motor technologies for building controls (e.g. ventilation, lighting)[5]
- ZeroAvia - share-haul hydrogen-electric aircraft[6]
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See also
- Microsoft's Climate Innovation Fund[7]
- Breakthrough Energy Ventures
- Elemental Excelerator's Earthshot Ventures Fund[8]
- VertueLab's Climate Impact Fund[9]
- Decarbon8-US[10]
References
External links
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