Earthshot Ventures, a venture capital spinoff of Elemental Excelerator, counts the software provider among its limited partners.

US-based climate accelerator Elemental Excelerator has spun out a fund called Earthshot Ventures, which has reached a first close with $60m in commitments from limited partners including software producer Microsoft.

Other limited partners for the fund include Emerson Collective, McKinley Alaska, Employees’ Retirement System of Hawaii, Stafford Capital Partners, Impact Engine and private investors John Doerr, Tom Steyer, David Crane and Chris Cox.

Earthshot will invest in both hardware and software developers in sectors including energy, mobility, industry, carbon, food…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.