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David Miliband, John Browne Join ‘Purpose-Driven’ Venture Fund

  • Giant Ventures seeks to raise $1 billion over next decade
  • Fund to back startups fighting climate change and other crises
David Miliband
David MilibandPhotographer: Matthew Lloyd/Bloomberg

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A pair of British entrepreneurs have tapped John Browne, the former group chief executive officer of oil giant BP Plc, and David Miliband, the U.K.’s foreign secretary from from 2007 to 2010, for roles in a venture capital firm that’s formally launching.