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climate tech venture capital
Trends
- 1Climate Tech Investors Shift Focus to Powering AI▼Climate Tech VCs Zero In on Powering AI Instead of Cutting Carbon Emissions
A Wall Street Journal report says climate technology venture capitalists are increasingly directing money toward powering artificial intelligence data centers rather than funding emissions-cutting technologies. The shift reflects surging electricity demand from AI, with investors treating energy supply as the more immediate opportunity. Observers are debating whether this marks a pragmatic pivot or a retreat from climate goals, as capital that once targeted decarbonization follows the AI boom.
- 2Sofinnova closes oversubscribed €82 million MedTech startup fund●Sofinnova Partners closes oversubscribed €82 million MD Start IV fund to build new MedTech startups
Sofinnova Partners, the Paris-based venture capital firm, has closed its MD Start IV fund at €82 million, exceeding its original target. The fund will be used to found and back new MedTech startups, following Sofinnova's model of building companies from scratch alongside inventors and clinicians. The oversubscribed close signals continued investor appetite for early-stage medical technology despite a tougher funding climate.