The new fund swims against the prevailing currents in its sector, where funds that invest in hardware or a mix of hardware and software tend to dominate.
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The focus of the new $100 million fund, Crosscut’s sixth, will include energy and power, space and underwater exploration, advanced manufacturing, advanced materials, and security and defense.
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Eight-year-old Diagram is expanding its startup incubator model into climate. The Montreal-based venture studio, which launches startups in house, raised $80 million CAD ($58 million) for its fourth studio fund, Diagram Climate Tech Fund. The firm said the vehicle surpassed its initial $60 million CAD ($43 million) target, hitting its hard cap, and is the […]
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