2017-01-0113 Years
Project
Supporting a Healthier Environment

In partnership with global organizations Alwaleed Philanthropies "Global" participates in supporting the Breakthrough Energy Ventures project

United States of America

Duration

2017 - 2030

Beneficiaries

57 startups were supported including:

  • Agriculture: 10
  • Buildings: 5
  • Electricity: 16
  • Manufacturing: 19
  • Transportation: 7

Targeting Range

USA

In the context of facing the climate changes that the world is witnessing and for the sake of a healthier planet, Alwaleed Philanthropies "Global" participated in supporting the Breakthrough Energy Ventures project.

BEV is an early-stage venture capital fund that invests in climate-technology companies that seek to mitigate greenhouse gas emissions by at least half a gigaton per year (~1% of annual global emissions).

BEV's mission is to invest in and build companies that leverage innovation in the five sectors that contribute the most to climate change: agriculture, buildings, electricity, manufacturing and transportation.

BEV has ~$1.1B of committed capital from over 20 individual billionaires who are willing to embrace technical risk in order to catalyze and commercialize transformative innovation.

In the context of facing the climate changes that the world is witnessing and for the sake of a healthier planet, Alwaleed Philanthropies "Global" participated in supporting the Breakthrough Energy Ventures project.

BEV is an early-stage venture capital fund that invests in climate-technology companies that seek to mitigate greenhouse gas emissions by at least half a gigaton per year (~1% of annual global emissions).

BEV's mission is to invest in and build companies that leverage innovation in the five sectors that contribute the most to climate change: agriculture, buildings, electricity, manufacturing and transportation.

BEV has ~$1.1B of committed capital from over 20 individual billionaires who are willing to embrace technical risk in order to catalyze and commercialize transformative innovation.

2021 Accomplishments

Q1 2021:

  • 2 new projects (indirect through BEV-Europe).
  • Following up on investments in 9 projects.

Q2 2021:

  • Following up on investments in 11 projects.

Q3 2021:

  • Following up on investments in 6 projects.

Q4 2021:

  • Following up on investments in 8 projects. (1 indirect through BEV-Europe)