Goterra in action. Source: Supplied
A rapidly growing specialist investment firm has launched a $150 million venture capital fund to support climate and nature startups across five emerging sectors.
Pollination, founded five years ago by climate and environmental law expert Martijn Wilder, will hand-pick companies for up to $12 million in funding to develop prototypes or scale up to meet demand for new products.
“This is a significant development that comes at the right time,” Wilder, who’s also chair of the nation’s $15 billion National Reconstruction Fund Corporation, said on Wednesday.
With an undisclosed cornerstone commitment from Queensland Investment Corporation, Pollination’s new fund will target energy, transport, food and agriculture, carbon and nature management, and the emerging circular economy of recycling and reuse.
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