Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Planet Fund is a GBP 100M (~EUR 116M, ~$120M) climate tech venture fund that launched in June 2022. The fund is powered by Founders Factory, a London-based venture studio, and is anchored by Sky, the British media giant. This partnership enhances the fund's ability to identify and support innovative ventures in the climate technology sector. Planet Fund has absorbed the legacy portfolio of Sky Ocean Ventures, which invested in 25 startups since 2018, thereby establishing a solid foundation for its investment activities.
As of now, Planet Fund focuses on early-stage startups that address critical challenges in climate and sustainability. The fund's operational model emphasizes hands-on support, allowing it to provide not only capital but also strategic guidance to its portfolio companies. The firm is headquartered in London and aims to leverage its anchor LP's resources to maximize the impact of its investments.
Planet Fund invests primarily in sectors related to climate technology and sustainability. The fund adopts an 'operator-first' approach, which means it provides hands-on operational support alongside capital to help startups thrive in their respective markets. The investment themes include decarbonization, resource preservation, climate resilience, and the circular economy. This focus aligns with the growing demand for sustainable solutions in various industries.
While specific geographic focuses and stages are not detailed, the fund is committed to supporting early-stage ventures that contribute to a sustainable future. Planet Fund seeks to partner with founders who are dedicated to making a positive environmental impact. The firm values innovative ideas that can lead to scalable solutions in the climate tech space.
Planet Fund has inherited a portfolio of over 25 startups from Sky Ocean Ventures, which focused on climate tech investments since 2018. While specific company names beyond this legacy portfolio have not been detailed, the fund's commitment to climate technology ensures that its investments are aligned with sustainability goals. The portfolio includes companies that tackle various aspects of climate challenges, from renewable energy to waste management.
The legacy portfolio from Sky Ocean Ventures serves as a strong foundation for Planet Fund, showcasing a diverse range of startups that have been vetted for their potential impact on climate and sustainability. This inherited portfolio reflects the fund's strategic direction and commitment to fostering innovation in the climate tech sector.
Henry Lane Fox - CEO of Founders Factory, Partner at firstminute capital, and Chairman of Creator Fund. He has extensive experience in venture capital and startup acceleration.
Jamie Rowles - Former Head of Investments at Sky Ocean Ventures. Jamie brings a wealth of knowledge in climate tech investments and has a strong background in identifying promising startups.
Micol Chiesa - Chief Impact Officer, previously Head of Impact at Five Seasons Ventures. Micol specializes in impact investing and sustainability initiatives.
Camilla Mazzolini - ClimateTech Investor, formerly at firstminute capital. Camilla has a strong focus on climate technology and has been involved in various successful investments in the sector.
In June 2022, Planet Fund officially launched with a GBP 100M (~EUR 116M, ~$120M) fund aimed at supporting climate tech startups. The fund is powered by Founders Factory and anchored by Sky, which has significantly boosted its visibility and credibility in the market.
Since its inception, Planet Fund has inherited a portfolio of over 25 startups from Sky Ocean Ventures, which had been investing in climate tech since 2018. This transition marks a significant milestone for the fund, establishing a strong foundation for its future investments.
What are Planet Fund's investment criteria?
Planet Fund focuses on early-stage startups that address critical challenges in climate and sustainability. The fund looks for innovative solutions in sectors such as decarbonization, resource preservation, and climate resilience.
How can startups apply or pitch to Planet Fund?
Startups interested in pitching to Planet Fund should prepare a detailed presentation that outlines their business model, market potential, and environmental impact. While specific application forms are not mentioned, reaching out through their contact channels is recommended.
What makes Planet Fund different from other venture capital firms?
Planet Fund distinguishes itself by adopting an 'operator-first' approach, providing hands-on operational support in addition to capital. This model allows the fund to actively engage with portfolio companies to enhance their growth and impact.
What is the geographic scope of Planet Fund's investments?
While specific geographic focuses are not detailed, Planet Fund is based in London and is likely to prioritize investments within Europe, particularly in regions with a strong emphasis on climate technology.
What is the typical check size for investments?
Specific check sizes have not been disclosed, but as a venture fund, Planet Fund typically invests in early-stage rounds, which may range from hundreds of thousands to several million GBP, depending on the startup's needs and potential.
What kind of post-investment involvement can startups expect?
Planet Fund offers operational support and strategic guidance to its portfolio companies, leveraging the expertise of its team and the resources of its anchor LP, Sky. This involvement aims to enhance the growth and impact of the startups.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.