The public relations group’s newly formed VSC Ventures unit has raised $7m from undisclosed limited partners and will target climatetech startups.
US-based media relations service provider VSC has formed a $20m corporate venturing unit dubbed VSC Ventures to back early-stage climate technology developers, TechCrunch has reported.
The fund has so far secured $7m from undisclosed investors, VSC told TechCrunch. It will provide between $250,000 to $500,000 per investment and give portfolio companies access to the firm’s public relations and multimedia content development offerings.
Founded in 2002, VSC provides startup-focused, data-enhanced content creation and communications services, marketing and sales campaigns as well…
