Non-profit Prime Coalition’s impact arm raises a new climate fund

Azolla Ventures, Launched by Prime Coalition, Debuts New $239 Million Blended Fund to Support Overlooked Climate Solutions

• Azolla Ventures, a blended fund launched by Prime Coalition, has raised $239 million to invest in overlooked climate solutions.
• The fund will invest in companies that are developing innovative solutions to climate change, but that are often overlooked by traditional investors.
• Azolla Ventures will focus on companies that are working on solutions in the areas of carbon capture, energy efficiency, and sustainable agriculture.
• The fund is targeting a net IRR of 15%-20%.
• Azolla Ventures is the latest in a series of initiatives by Prime Coalition to support climate solutions.

Here are some of the key takeaways;

• Azolla Ventures is a new blended fund that will invest in overlooked climate solutions.
• The fund is targeting a net IRR of 15%-20%.
• Azolla Ventures is the latest in a series of initiatives by Prime Coalition to support climate solutions.