Startups

Energize Ventures Raises $300 Million for New Climate Funds, Changes Name

New Energize Capital name reflects broader investment strategy

Energize Ventures Raises $300 Million for New Fund
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Energize Ventures, a venture firm that invests in climate-focused software, has raised $300 million for new growth equity funds and is changing its name to Energize Capital to reflect a broader investment strategy.

The capital infusion for the Chicago-based firm’s funds brings its total assets under management to $1.2 billion, it announced Thursday. It comes at a time when the startup industry is reeling and venture capital funding for climate tech has dipped, after a recent boom.