**A New Kind of VC Fund Aims to Protect the Planet**
I’m excited to share with you a groundbreaking venture capital firm that’s shaking things up in the world of impact investing. Superorganism, a newly launched VC firm, is dedicated to preserving biodiversity and protecting the natural world. As the first fund of its kind, Superorganism is making waves by backing startups that prioritize nature conservation.
**A $25.9 million fund with a bold vision**
Superorganism has just closed its first fund, securing $25.9 million in commitments from a range of investors, including Cisco Foundation, AMB Holdings, and Builders Vision. The fund will be used to support startups working on innovative solutions to combat extinction, climate change, and biodiversity loss.
**A Different Approach to Climate Investing**
What sets Superorganism apart from other climate-focused funds? Their unique focus on preserving biodiversity, rather than solely reducing carbon emissions. They believe that by protecting nature, we can address the root causes of climate change and create a more sustainable future.
**Portfolio Success Stories**
One of the startups in Superorganism’s portfolio, Spoor, is a great example of the innovative approach they’re looking for. Spoor uses computer vision to track bird migration patterns, which helps wind farm builders minimize their impact on local bird populations. It’s a win-win for both biodiversity and the wind farm industry!
**A Diverse Portfolio**
Superorganism’s co-founder and managing director Tom Quigley emphasizes the importance of diversity in their portfolio. They aim to showcase a range of biodiversity-focused startups across different industries and tech types, creating a secure and resilient portfolio that’s less affected by industry headwinds or policy changes.
**Beyond Partisan Politics**
What’s interesting is that many biodiversity issues transcend the partisan climate change debate. Even recent Florida governor Ron DeSantis gave a shout-out to Inversa, one of Superorganism’s portfolio companies, for its innovative approach to combating invasive species in the Everglades.
**The Future of Biodiversity Investing**
With 20 investments under their belt and a goal of 35 firms in their portfolio, Superorganism is well on its way to making a significant impact. As Quigley puts it, “We’re the first ones in, and we need to be there to bring others along as they consider their first bet on biodiversity, helping them find and support the right ones that can make a difference.”
Stay tuned for more updates on Superorganism’s journey to revolutionize biodiversity investing!
