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General

Gates launches USD 1 bln tech-led fund for clear energy

Monday 12 December 2016 | 09:34 CET | News
The new Breakthrough Energy Ventures, spearheaded by Bill Gates and led by the tech sector, will put more than USD 1 billion into clean energy companies, Recode reported, adding the fund has received backing from 20 investors, including Gates, Alibaba chairman Jack Ma, Khosla Ventures' Vinod Khosla, and SAP co-founder Hasso Plattner. Gates announced his intention to launch the fund last year at the climate talks in Paris as a way to speed up the pace of innovation to fight climate change. "Our goal is to build companies that will help deliver the next generation of reliable, affordable, and

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Categories: General
Companies: Alibaba / SAP
Countries: World
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