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Shared Future Fund provides rapid funding and essential resources to early-stage entrepreneurs dedicated to solving the global climate crisis. It aims to deploy numerous $100,000 investments, leveraging a programmatic approach to accelerate climate solutions. The fund actively collaborates with established incubators and accelerators, such as Y Combinator and Activate, to efficiently identify and back innovative startups with high potential for impact.
The fund was established in 2022 as a dedicated initiative of Collaborative Fund, an investment firm founded in 2010 by Craig Shapiro. Shared Future Fund was born from the strategic insight that addressing the critical challenge of climate change necessitates an unprecedented surge of entrepreneurial innovation and targeted early-stage capital. Shapiro’s established background in venture capital and impact investing underpins this focused effort.
Shared Future Fund primarily serves early-stage founders developing climate technologies, particularly those within leading startup ecosystems and fellowship programs. The fund's overarching vision is to cultivate and empower a robust generation of climate innovators. By providing catalytic capital and critical support, Shared Future Fund seeks to accelerate the development and implementation of scalable solutions vital for achieving a sustainable and climate-resilient global future.
Shared Future Fund has 2 tracked investments across 2 companies. The latest tracked deal is $4.0M Seed in Funga in February 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 15, 2023 | Funga | $4.0M Seed | Matthew Nordan | Better Ventures, Trailhead Capital |
| Feb 1, 2023 | Gradient | $18.0M Series A | Ajax Strategies, Matthew Chagan | ForgePoint Capital, Norwest Venture Partners, Saints Capital, AT ONE Ventures, Impact Science Ventures, Safar Partners |