congruent ventures associate congruent ventures associate

I am convinced that even the best idea is worth exactly nothing if that idea doesnt get connected to the right advisors, customers, and investors.*. Headquarters Location Are You Ready For AI-Driven Radical ESG Transparency? The vast majority of the investors in a bridge were already on the cap table. The typical case for the fund is to invest in rounds with 4-5 participants. Speaker/Consultant on Robocars and Exponential Technology btm@4brad.com, Einrides Self-Driving Goal Is Medium-Haul Electric Trucks, Not Long Haul. We hope this goes to show that all types of allocators see the value and need for Climate Tina Bao on LinkedIn: Congruent Ventures Raises $300 Million for Climate Startups Congruent Ventures, one of the first venture capital firms to focus squarely on early-stage . We are a stage and industry agnostic venture firm. Congratulations to our client Congruent Ventures, a venture capital firm focusing on technology companies that will positively impact energy and resource John Sellers on LinkedIn: Congruent Announces $300 Million Continuity Fund // Cooley // Global Law And together, LFG! These are terrific ideas that Id like to learn more about. AI could replicate the post-WWII surplus that drove the next 40-60 years of prosperity. Filter By Geography U.S. China Japan Global Ibrahim AlSuwaidi Principal Matthew C. Bonner COO & Legal Partner David Chao Co-Founder and General Partner Green Data Dash. Oney est une Banque franaise situ Croix, Hauts De France. At Azolla Ventures, we are excited to announce the launch of the #VentureClimateAlliance alongside 20+ of our venture capital peers (thank you Alexandra * NOTE: In a consulting engagement a few years ago, I crunched the numbers on thousands of successful exits (cases in which a start-up sells to a larger company or goes public through an IPO) and found that a dense network of professional connections increases the value of a start-up idea by around three times. Congruent raises new $. 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. SPAN: Home Electrification Company Raises $96 Million, Bed Bath & Beyond Files For Bankruptcy: What This Means For Customers, Scaler: How This Technical Education Company Grew To $100 Million In ARR, iPad Air 2 vs. iPad Air 3: Differences You Should Know About. Julian Spector April 04, 2018. Venture capital pre-MBA associates may get bachelor's degrees in mathematics, statistics, finance, economics, or accounting. I am pleased to share that effective May 1st I have been appointed as Chief Operating Officer of Yurra. Congruent just closed its second fund and has a war chest of $175 million to spend on early stage ClimateTech ventures. Serving/leading pre-seed impact founders to transform our industries. Our portfolio bp ventures is set up to grow new energy businesses, in our core businesses in the upstream, downstream and alternative energy and in five areas: Advanced mobility; Power and storage; Carbon management; Bio and low carbon products; Digital transformation Introducing bp ventures Heres the kicker about ClimateTech: the ClimateTech garden and its supporting ecosystem was thoroughly uprooted by the fall-out from the Financial Crisis. I am thrilled to be the keynote speaker for the 17th Babson Sustainability Forum: The Path to Net Zero, where I will share my journey to Net Zero: - Why/how I Bio. So far this month we've seen 11,000 buyers register and this same month last year we saw 7,000 buyers register. Investors in SF Bay Area (CA) #startups #saas #entreprenurship, Inventions, Patents, Patent Portfolios, Strategy, Heading to the North Bay Next conference tomorrow at Sonoma State, for the Marin + Sonoma startup community. Catching Up With Sunday, The Green Lawn-Care-In-A-Box Company, IONIQ 6 Makes Hyundai A True Tesla Contender: Test Driven, Companies Must Protect Workers From Heat Stress, Study Warns, McKinsey Predicts Deep Curbs On Car Use, Fall In New Car Sales, Rise Of Micromobility. The Continuity Fund follows the successful closings of Congruents Fund I in 2017 at $92 million and Fund II in 2021 at $175 million. InsurteChile Viola Ventures Our San Francisco and Berlin teams are combining our powers with Daniel Sweet spot: $1.5M. 9. You will learn why your business idea might not be viable; 150 LP Meetings Its backers include CalSTRS, investors advised by Cambridge Associates, and pension funds in the U.S. and Canada, to name some. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. Heres Why. View contacts for Congruent Ventures to access new leads and connect with decision-makers. The leading representative office of defined VC is situated in the San Francisco. Yokell and Posamentier understand the stakes and are working hard on the ClimateTech vanguard. Close date is drawn out of thin air. It is an initiative focused on promoting the safety and well-being of women and girls. CEO @ Acquire.com. ACVC LATAM VC CLUB And Congruent partners with companies at the earliest stages and the Continuity Fund will be deployed to support them throughout their life cycles. 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. The heart and soul of our business operation is based on an ongoing commitment to: Congratulations to our 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. Most enterprise buyers just want an end-to-end solution that works well. We saw a strategic need to help our existing portfolio companies, and were delighted to have the support of our Limited Partners despite the broader pullback in venture investing.. Cooley has nearly 1,400 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000. Look back over the past few paragraphs and notice how many times I used the word connection doing so, youll get a glimpse at the degree to which the venture world hinges on professional networks. - how many fund closes (tldr: one and done is lovely but a vanity metric) Abe Yokell on LinkedIn: Congruent Ventures Raises $300 Million for Climate Startups | 195 comments -- b.rad. A dozen of the firm's three dozen portfolio companies to date use machine learning or AI. All the women in attendance got to listen to a dynamic conversation featuring three-time Olympic soccer medalistBrandi Chastain and four-time Paralympic sitting volleyball medalist Katie Holloway. +33 3 20 66 39 00. Source: SEC filing TAGS Fundraising Iris Dorbian MOST RECENT Spain's Altamar CAM eyes impact with new VC fund Big ocean-scale news from Ebb Carbon today - we have secured $20m in Series A funding! This is what happens when there is widespread and growing understanding that the new climate normal is not normal. If you have female staff in your establishments, Institution and want to get her trained in Self-defense do contact us. usv.com Joining the Venture Climate Alliance | Union Square Ventures We hope this goes to show that all types of allocators see the value and need for Climate Tina Bao LinkedIn: Congruent Ventures Raises $300 Million for Climate Startups (Links in Comments), CEO | Values-Driven Leader | Future of Work Enthusiast | Talent Strategy Consultant | Speaker & Growth Coach, It was a blast hanging with Founder CEOs of the MassRobotics start-up accelerator yesterday to chat about creating winning teams and cultures with behavioral understanding and frameworks like Mission, Vision, and Values. Read more at the link below. Let's talk. The firms is looking at seed through Series B, with select late-stage opportunities.. If the idea takes root, angels introduce the emergent shoots of companies to early-stage venture firms. 28 April 2023, Subscribe to receive Canary's latest news. If the new shoots can find a dependable water source, have a bit of protection from the elements, and gain a few inches in height, they have the chance to make it to the next stage of life strengthening their stalks in preparation for bearing fruit. 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. #cvc #vc #vclatam 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 Energy Transition Ventures, led by industry veterans Craig Lawrence and Neal Dikeman, is targeting afund of $75 million to invest in disruptive energy startups. Shoe designer and creative Salehe Bembury takes us on a journey from his childhood growing up in Manhattan, to an invaluable degree in industrial design, to working with some of the biggest names in fashionbefore breaking off to make his own name. He also proposes an astonishing simple framework 1. Congruent Ventures, aventure capital firm dedicated to early-stage climate startups, has anew fund to invest. : Many companies are looking to make self-driving trucks. (AMP Robotics, another of Congruents portfolio companies, is pioneering the use of AI-powered robots to sort waste at recycling centers.). Congruent invested some of the funds in Meati Foods, AMP Robotics, Fervo Energy and Span.IO. We've defined bridge rounds in this case as rounds completed at the same valuation as the prior round. More and more venture capital is going to bridge rounds vs primary rounds this year. When Congruent closed its first fund in 2017, Silicon Valley was still nursing its bruises from alate-2000s wave of investments in thin-film solar, algal biofuels and other cleantech long shots that didnt makeit. Congratulations to our client Congruent Ventures, a venture capital firm focusing on technology companies that will positively impact energy and resource John Sellers LinkedIn: Congruent Announces $300 Million Continuity Fund // Cooley // Global Law Nearly a decade passed before institutional investors were ready to start harvesting from the CleanTech / ClimateTech garden again. 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. Bloomberg Daybreak Europe. After years of slow spending on early-stage cleantech startups, a new VC firm thinks it's time to jump in. Experienced early-stage CleanTech venture fund partners threw in the towel and retired to ranches in Wyoming. Looking to empower entrepreneurs tackling the world's most challenging problems. This copy is for your personal, non-commercial use only. Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production & Consumption sectors. 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) Inc. 30 under 30 Entrepreneur. Congruent Ventures, launched in 2017, is co-led by Joshua Posamentier and Abe Yokell, who have decades of climate tech investing expertise between them. Apr 25 At USV we intend to make a meaningful contribution to solving the climate crisis. Congruent has supported 51 companies over the past 6 years, making it one of the most active and experienced U.S. investors in climate. At Next Play Capital we believe that success leaves clues and work hard to give our community the opportunity to spend time learning from proven winners and champions! 38.Rise WorksSino Global CapitalHashKey CapitalDraper AssociatesWeb3 . As always, more data goodies in the newsletter (linked in first comment). It was founded in 2017 and is based in San Francisco, California. How AI Could Save The US Economy 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. A bridge tosomewhere, we hope! When I was fundraising as a startup CEO, I learned about the struggle Pulse 2.0 focuses on business news, profiles, and deal flow coverage. Working in such a highly regarded and well respected business is both an honour and a privilege. Last Name First Name Middle Name; Congruent Ventures II GP, LLC: n/a: Street Address 1 Street Address 2; The Continuity Fund navigates the ever-evolving climate environment to support Congruents early-stage portfolio companies as they scale to meet the demands of the changing climate innovation landscape. And its portfolio represents companies that will help to decarbonize every sector of the economy energy, fleet electrification, farming, new food products, sustainable aviation fuels, manufacturing, and more. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. But that can also have adistorting effect, pushing the envelope on valuations for later-stage startups. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Voir le site internet. Excited to be kicking off KitchenTown's global partnership with PepsiCo Ventures Group! Innovation Einride feels they are the best path to electric trucks, and that's the best way to reduce emissions. These angels provide seed investments to the next wave of entrepreneurs and help their investees with introductions to potential employees, partners, and investors. It's been 2,293 days since Abe Yokell and I co-founded Congruent Ventures and we've since built it to partner with and support the best of the best in the | 66 comments on LinkedIn Joshua Posamentier on LinkedIn: Congruent Ventures Raises Growth Fund to Back Its Climate-Tech Startups | 66 comments We launched Congruent Ventures at the beginning of 2017 to exclusively focus on investing in early-stage companies that can effect positive change on society's climate-related challenges. My newsletter Survivaltech.club was also honored to host an amazing group of deeptech climate builders and investors together with Fifty Years last week 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 Dear network, About. 50% existing relationships 3. Are you building something exciting and impactful in climate and just forming your first institutional capital? I look forward to meeting many innovative startups and VC colleagues. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Congruent just closed its second fund and has a war chest of $175 million to spend on early stage ClimateTech ventures. Chinese dumping of solar panels on the U.S. market caused yet more problems (see also, Solyndra), and there were probably some unreasonable expectations about technical capabilities (see also, KiOR). As both plants and start-ups grow, numerous problems can and do occur, but the most delicate part of the lifecycle is early on. This is inspiring and we look forward to witnessing the impact you will continue to make. Inspiring! If we see an opportunity to partner with a like-minded team. 5. We see how Bembury is able to walk the line of business convention while taking his art to new heights, turning ordinary items into extraordinary footwear. We invest globally in breakthrough technology startups that can. What did other regions, like North-America and Asia, invested? Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production & Consumption sectors. There's nothing terrible about having multiple closes. The firm concentrates on backing developers of technologies aimed at reducing carbon emissions. Our climate sector focuses on mobility and urbanization, energy transition, food and agriculture, and sustainable production and consumption. Congruent invests in early-stage transformational companies in climate tech, where we leverage our capital and deep in-sector experience to fund the best companies in the space., The fast-paced innovation and change now powered by funding from the 2022 Inflation Reduction Act must be met with sufficient venture funding. We look for technology companies that will positively impact our energy and resource consumption. Climate Robotics is a venture-backed startup building heavy equipment to improve agricultural soils and fight climate change. The partners originally targeted a fund size of $125 million, but simply could not stop institutional investors from sending them checks. For many use cases, chat will replace search. Check out the U.S. 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. Limited partners want exposure to later-stage climate startupsdespite a downturn in VC dealmakingin order to mitigate the climate risk embedded in their portfolio, according to Congruent managing partner Abe Yokell. The Congruent | 195 comments on LinkedIn Delighted that our LPs saw through the noise to support our growing early stage portfolio! All of this made fundraising a fascinating exercise. Congruent Ventures Ivey Business School at Western University Experience Partner Congruent Ventures Apr 2022 - Present1 year 1 month San Francisco Bay Area CPP Investments 3 years 10 months. tablissement (s) rattach (s) Aucun. like decks too) The future is bright for Yurra and to help lead this is a rare opportunity. The target is $175 million. Eric Wesoff, Dan McCarthy . Sinai Ventures invests in internet and software founders at all stages. A world class Read more at the link below. What does this mean for founders? In 2017 was created Congruent Ventures, which is appeared as VC. Why The Application Layer Has Higher Success Odds Than Infrastructure Purple is 2023. Great time to be a startup founder. - how many LP meetings (shh..150) Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. Thank you U.S. Department of Health and Human Services (HHS) for sharing these free mental tools: When was the last time you took a minute for yourself? Then again, SPAC exits returned money to limited partners who can now invest it in anew wave of companies, Yokell noted.