Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Can “ethical” spyware makers justify offering their technology to ice?

July 11, 2025

Sarah Smith launches a $16 million fund and says AI can “unlock” for solo GPS like herself

July 11, 2025

Medium CEO explains what it takes to stop losing $2.6 million a month

July 11, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Belkin will no longer support most WEMO devices and their WEMO apps

    July 10, 2025

    Mockly has actually created a fake DM generator that is user-friendly

    July 10, 2025

    YouTube removes its trending pages and now trend list

    July 10, 2025

    As X loses CEO, daily use is decreasing and competition is growing

    July 10, 2025

    Google adds inter-image generation capabilities to VEO 3

    July 10, 2025
  • Crypto

    Bitcoin surpasses $118K at the second highest high in 24 hours

    July 11, 2025

    Vitalik Buterin reserves for Sam Altman's global project

    June 28, 2025

    Calci will close a $185 million round as rival Polymeruk reportedly seeks $200 million

    June 25, 2025

    Stablecoin Evangelist: Katie Haun's Battle of Digital Dollars

    June 22, 2025

    Hackers steal and destroy millions of Iran's biggest crypto exchanges

    June 18, 2025
  • Security

    Can “ethical” spyware makers justify offering their technology to ice?

    July 11, 2025

    CISA confirms that hackers are actively taking advantage of the critical “Citrix Bleed 2” bug

    July 11, 2025

    AI chatbot's simple “123456” password was at risk of revealing personal data from millions of McDonald's job seekers

    July 11, 2025

    French police arrest Russian basketball player accused of ransomware: Report

    July 10, 2025

    Authorities arrest four hackers related to UK retail hacking

    July 10, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    Sarah Smith launches a $16 million fund and says AI can “unlock” for solo GPS like herself

    July 11, 2025

    Medium CEO explains what it takes to stop losing $2.6 million a month

    July 11, 2025

    All stages in Boston and 4 days until lowest ticket prices disappear

    July 11, 2025

    Learn how to raise seed rounds from top VCS in 2025

    July 10, 2025

    Save up to $475 for 5 days to all stages before prices rise

    July 10, 2025
TechBrunchTechBrunch

ETF Partners raises €284 million for climate startups that will make a difference now, not 20 years from now

TechBrunchBy TechBrunchMay 21, 20242 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


While many climate change investors are focused on innovative deep technology solutions, Patrick Sheehan of ETF Partners has other ideas.

“I don't really have anything against carbon capture and storage, other than the fact that it's probably been too long since commercialized,” he told TechCrunch. Instead, Sheehan and his colleagues are diving into more software-centric companies that promise to continue to be game-changing.

“Some people say it's the police's fault,” Sheehan said. “The more I look, the more I disagree with that idea. We need to find companies that can rapidly scale to have an impact within the lifespan of a venture capital fund, which is 10 years maximum.”

This sentiment has helped ETF Partners raise a new, oversubscribed €284 million fund, its fourth.

The company was founded in 2006 and has weathered a series of bull and bear markets. Until 2018, Sheehan describes his work as “more evangelical.” Since then, he has found limited partners to be much more tolerant of climate change technologies. “It became a much better institutional product.”

Instead of fusion and e-fuels, ETF Partners is interested in discovering more emerging companies like Deepsea, a portfolio company in its third fund. Deepsea uses AI to optimize maritime transport operations, including route decisions, reducing fuel usage by 10-15%.

“The carbon emissions from shipping come almost entirely from fuel. With just a little bit of software, it can be deployed around the world in just a few years, at almost no cost, and reduce 0.3% of global emissions.” ” said Sheehan. “It's amazing, and fast.”

His company focuses on five sectors including energy, transportation, connectivity, consumer, food and agriculture. “The overarching theme at the top of those is what I call the intelligence layer on top of the infrastructure,” he said.

The fund will continue to focus exclusively on European startups. Sheehan cited more favorable government policies and a public that almost universally believes climate change is real. “It's an incredible backdrop,” he said.

As a result, he has found that investors have less need to look for companies developing breakthrough technologies that aim to transform markets, and demand for companies committed to sustainability has increased.

“A lot of deep technologies have the potential to be very green,” Sheehan says. “But our focus is on companies that are just starting to grow their revenue.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sarah Smith launches a $16 million fund and says AI can “unlock” for solo GPS like herself

July 11, 2025

Medium CEO explains what it takes to stop losing $2.6 million a month

July 11, 2025

All stages in Boston and 4 days until lowest ticket prices disappear

July 11, 2025

Learn how to raise seed rounds from top VCS in 2025

July 10, 2025

Save up to $475 for 5 days to all stages before prices rise

July 10, 2025

David George on the Future to be released in 2025

July 9, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

Can “ethical” spyware makers justify offering their technology to ice?

July 11, 2025

Sarah Smith launches a $16 million fund and says AI can “unlock” for solo GPS like herself

July 11, 2025

Medium CEO explains what it takes to stop losing $2.6 million a month

July 11, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.