University of California is among the limited partners for sustainability-focused fund Congruent Ventures, which targets themes including clean energy, additives and urbanisation.
University of California is among the limited partners that have backed a $92m sustainability-focused fund called Congruent Ventures.
The university is participating through its Office of the Chief Investment Officer together with fellow investors including Prelude Ventures. It was unclear whether the vehicle would in any way prioritise California spinouts.
Congruent Ventures targets investments aligned with sustainability issues including urbanisation and mobility, clean energy, food and agriculture, and industrial and supply chains.
The fund’s managing partners are…
