June 21

India’s Climate-Focused VC Firm Avaana Capital Raises $70 Million

India’s climate-focused venture capital firm Avaana Capital said on Wednesday it raised $70 million in its first funding round as it looks to invest in the clean energy and climate-technology space.

This is the first close in the Avaana Climate and Sustainability Fund, India’s first tech-led climate fund, meaning it can start investing in companies while raising capital for its own fund.

Source: Reuters (link opens in a new window)

Agriculture, Energy, Environment, Technology, Transportation
agtech, climate change, climate finance, renewable energy