VFBATTERY REPORT

Finance

Pages 26–33 (8 pages)

Battery Report 2023, page 32: Finance
Text on page 32

Finance

Private Capital Investors | Investor BAse

Private Capital Investors Investor Base

$121bn of total private climate assets under management (AUM) across 207 Early-stage VCs, Corporate VCs, Growth Equity, Infrastructure, and Private Equity funds since Jan 2021 Investor Type

Early Stage VC

Corporate VC

Investment Characteristic

Early-Stage venture investments into pre-revenue / pre-product fit companies Seed – Series A

Early-Stage investments in pre-revenue companies. Likely synergies with VC’s corporate parent. Corporate VC helps in validating new technologies

Late Stage VC / Growth Equity

Private Equity

Infrastructure

Sovereign Wealth Fund / Pension

Revenue generating companies pre-earnings with revenue backlog Series B – Series D

Control investments into mature companies with defined cash flow profile and clear customer relationships

Asset heavy project based financing supported by long term offtake contract

Patient long term investors with a national mandate to progress climate sustainability

Clean Energy Transition

Technology Ventures

Investor Base Climate Innovation Fund

Solvay Ventures

Vale Ventures

Source: Pitchbook CTVC

climate-related investment fund

Extracted from the PDF; charts and images may read imperfectly.

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