Climate Tech Partners Raise $50m in Unique Vc Fund

Patrick Sieb and Tom Kline of Climate Tech Partners raise $50m for their first close of their fund 

Investors include 

•  Ludovic Theau  CIO of Australian Ethical Investment, 
• Ian Learmonth, CEO Clean Energy Finance Corporation, 
• Daniel BESEN Family Office,
• Qantas, and 
• Airbus

The fund will focus on  #GridTech, #DER, and #storage #lowcarbonfuels and #climateadaptation, 

Patrick and Tom led set up a climate tech fund at Investible and grew it to $32 million, before striking out to set up Climate Tech Partners in early 2023.

Alliance Partners and players in the mix include 

Emily Bjorklund Drake Juliette Bourgeois Topaz Conway Noga Edelstein Duncan Murray Adam Roberts Malcolm Thornton Zoe Parkin Neil Stanford Fiona Messent Jonathon Curry Harry Jobberns Jorge Caro Terrón Julie Kitcher Fanny Mattens Stephen Forshaw  Julian Richman, CFA Adam Lindell Polar 993 PMC Legal Ranya Alkadamani

#climatetech #investment #VC #CorporatePartnership #Startup

Onwards and upwards 

Source afr

Russian Billionaire Fires VCs. Raises $250m and Hires Algorithms and uses #ai Instead.

In 2022 Nik Storonsky , the founder of Revolut launched QuantumLight, an AI-driven investment platform that replaces traditional investors with machine intelligence and not only scaled a $45B fintech company - he’s now raised $250m and is challenging the entire venture capital model.

No coffee meetings.

No partner pitches.

No “gut feel.”

Instead, the system ingests over 10 billion data points across 700,000+ venture-backed startups. It looks for correlations, anomalies, and signals that even the sharpest GPs might miss.

So far?

It’s working. Their AI-led investments are outperforming top-tier VCs by 2x.

We already rely on #AI in trading, underwriting, even diagnosing disease.

So why are we still backing startups with human bias, pattern recognition, and anecdotal conviction?

versus 

a system that’s less emotional, more scalable, and possibly more accurate.

“Should we remove humans from the investment decisions entirely.”

Will QuantumLight  replace humans or enable humans to make investment decisions 

How important is human bias, pattern recognition, and anecdotal conviction?

Can AI truly understand the founder journey?

The vision, resilience, and timing that often live between the data points?

What happens to VC when the pitch deck matters less than the dataset?

Would love to hear your take in the comment 👇

Source Valerie Bartel - venture Capital Invedtor in Silicone Valley

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