WovenEarth Raises $155M Climate Fund
WovenEarth Ventures raised a $155M second fund for climate-tech investing.
Climate venture has been uneven, but specialist funds are still finding capital for long-term industrial and energy bets.
What happened
WovenEarth Ventures raised a $155M second fund focused on climate technology.
The fund gives the Palo Alto firm more capital to back startups working across energy, industrial systems, infrastructure and other climate-related categories.
Why it matters
Climate tech is capital-intensive and often slower than pure software, which makes dedicated investors important. Generalist VC attention can move quickly toward AI, but climate companies still need patient capital that understands hardware, regulation, project timelines and infrastructure markets.
A new specialist fund is a useful signal that climate investing has not disappeared under the AI boom.
The bigger picture
The next generation of climate startups will likely overlap with AI infrastructure, grid upgrades, advanced manufacturing and energy resilience.
WovenEarth’s new fund fits that broader market: climate tech is becoming less of a standalone category and more of an industrial infrastructure theme.