Blackhorn Ventures’ $150M Fund Targets Clean Tech Revolution
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Denver-headquartered Blackhorn Ventures is backing early-stage clean tech companies with a focus on industrial resource efficiency, seeing a $1.7 trillion opportunity as economies transition to a low-carbon future. With its second Industrial Impact Fund, Blackhorn aims to accelerate the commercialization and scaling of ventures addressing industrial AI, critical labor shortages, and scalable decarbonization. The $150 million fund plans to invest in five new companies and reserve half for follow-on investments. Notable portfolio companies include Electric Era and EcoWorks. Strategic LPs like Mitsubishi Electric and Mercuria Energy will help leverage startup innovation and scale.
Original article posted on June 27, 2024