SANTA BARBARA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Cerulean Ventures, a climate tech venture capital firm operating in the trillion dollar annual climate finance sector, closed a $10M pre-seed fund focused on software for hard problems in climate tech. The fund invests in highly-scalable software and technology focused on biodiversity, natural capital and climate-positive profitable business practices.
Cerulean Ventures was launched with the support of its anchor investor, One Small Planet, strategic investors, Regen Foundation and Regen Network, and several global family offices focused on scaling proven, profitable solutions to address climate change.
"As tech founders themselves, Jahed and Matthew have the unique experience of bridging complex technology to massive markets," said Jack Wielebinski, Chief Investment Officer of One Small Planet. "We are proud to support Cerulean's thesis to invest in software businesses that connect the global economy for nature-positive outcomes."
As a team, the General Partners work directly with founders at the earliest stages to develop business operations, set go-to-market strategies and plan for financial success to reach critical funding and business milestones. Matthew Stotts was the founder of a top technology marketing consultancy in Silicon Valley and a co-founder of a financial technology business. Jahed Momand was the co-founder of a developer operations SaaS company and held product leadership roles at a number of top Silicon Valley enterprise software companies. Together they worked on sustainable finance, regenerative agriculture and indigenous land stewardship through the Regen Network. They began investing through Cerulean Ventures in 2022.
Matthew and Jahed's work with the Cerulean Ventures portfolio of climate tech entrepreneurs deepens the general partners' years of work ...
