Kiko Ventures is announcing it has raised $450 million to create a new venture capital fund focused on cleantech investments.
The goal is to support transformative cleantech. It comes as the global investment in cleantech reached an all-time high of $40 billion in 2021. And events during 2022 have further increased momentum for sustainable technologies. The timing is important as many funds are considering pulling back on investments because of the expected downturn in the economy and high inflation.