Phoebe Wang, investment partner, Amazon Climate Pledge Fund, is one of our Top 50 Emerging Leaders in corporate venturing for 2024.

Phoebe Wang, Amazon Climate Pledge Fund

Phoebe Wang is an investment partner at Amazon’s Climate Pledge Fund, a $2bn fund that invests in companies accelerating Amazon’s path to meeting its goal of reaching net-zero carbon emissions by 2040.

Wang invests in mobility, manufacturing and materials, circular economy, buildings, food and agriculture, and carbon removal. She recently developed the team’s investment thesis of low-power compute for data centre technology, given the rise of generative artificial intelligence.

Wang also heads the female founder initiative at Amazon, which pledges to invest $50m in women-founded and women-led climate tech companies. Announced in 2022 at COP27, her work was highlighted by US Vice President Kamala Harris in the Women in Sustainability and Energy programme at APEC 2023.

“Phoebe is a passionate leader, dedicated to collaborating with innovative companies and entrepreneurs.”

Wang has invested in more than 30 startups and holds multiple LP positions.

“Phoebe is a passionate leader, dedicated to collaborating with innovative companies and entrepreneurs,” says Peter Krawiec, senior vice president of worldwide corporate development at Amazon.

“She has demonstrated strong leadership since she joined Amazon in 2022. She has an amazing network and is always full of ideas and energy,” says Matt Peterson, director of worldwide corporate development at Amazon.

Wang was an investment director at Shell Ventures and a principal at BP Ventures before she joined Amazon. She is a special adviser to DOE, a committee member of the Investment Advisory Board at the NREL and Sustainability Council at GCV.

Wang earned her degree in materials science and engineering from the University of Illinois at Urbana-Champaign, completed her chartered financial analyst certificate and went on to receive her MBA in finance and energy from the Jones Graduate School of Business at Rice University.

See the full list of Emerging Leaders 2024 here.