University of California is among the limited partners for venture firm Congruent Ventures’ latest sustainability-focused fund that had a $125m target.

US-based venture capital firm Congruent Ventures has raised $175m for an early-stage climate technology fund, from limited partners including University of California, according to Canary Media. Software producer Microsoft’s Climate Innovation Fund, affiliates of Prelude Ventures, Three Cairns Group, clients of Cambridge Associates that include the Jeremy and Hannelore Grantham Environmental Trust and the Surdna…

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