ESG Today writes that 2021-founded Voyager Ventures offers financial support to early-stage startups in the climate technology sector, such as those focusing on mobility, energy and materials.

With the new funding, Voyager Ventures doubles its raised capital to 200 million USD, following another successful closing of 100 million that took place in 2022. Voyager officials Sierra Peterson and Sarah Sclarsic said that both funding rounds were oversubscribed as a result of the emerging need in green climate solutions.

Peterson said that "we invest in technologies that can outcompete fossil-fueled products on price and performance alone, and we’re seeing decarbonized products that are simply better technology take real market share from polluting legacy incumbents. The energy transition is a generational opportunity and forward-thinking investors recognize the potential for robust returns in climate tech."

Sclarsic added that "the transition to a decarbonized global economy is the biggest investment opportunity of our lifetime, as the world’s largest industries – from transportation to energy to computing and food – undergo the most rapid change they’ve ever seen. We are investing at the forefront of innovation in these sectors. With this fund, Voyager is doubling down on the tremendous economic potential in companies leading our economy beyond reliance on fossil fuels."

Carbon accounting software provider CarbonChain and carbon capture startup Remora are among the companies that received investments so far from Voyager Ventures.