
Climate Pledge Fund
Description
The Climate Pledge Fund, established by Amazon in 2020, stands as a pivotal venture capital initiative dedicated to accelerating the development of a low-carbon economy. Backed by a substantial commitment of $2 billion, the fund's core mission is to invest in visionary companies whose innovative products and services can significantly contribute to global decarbonization efforts. This strategic investment aligns directly with The Climate Pledge, an ambitious commitment co-founded by Amazon and Global Optimism, which calls for signatories to achieve net-zero carbon emissions by 2040—a full decade ahead of the Paris Agreement’s target. The fund actively seeks out technologies that can help Amazon and other corporations meet this critical environmental goal, fostering a sustainable future.
Investor Profile
Climate Pledge Fund has backed more than 49 startups, with 10 new investments in the last 12 months alone. The firm has led 12 rounds, about 24% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on CleanTech, Energy, Industrial.
- Led 2 rounds in the past year.
- Typical check size: $1M – $50M.
Stage Focus
- Series A (39%)
- Series B (16%)
- Series Unknown (16%)
- Series C (10%)
- Seed (8%)
- Private Equity (4%)
- Series F (4%)
- Series E (2%)
Country Focus
- United States (78%)
- Canada (10%)
- United Kingdom (2%)
- Germany (2%)
- Italy (2%)
- India (2%)
- Sweden (2%)
- Switzerland (2%)
Industry Focus
- Cleantech
- Energy
- Industrial
- Manufacturing
- Renewable Energy
- Aerospace
- Air Transportation
- Transportation
- Carbon Capture
- Artificial Intelligence (Ai)
Frequently Asked Questions
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