- Firm was launched by Amy Francetic and Allison Myers in 2019
- New fund has 75 LPs so far
- Target is $100m
Climate-focused venture firm Buoyant Ventures has raised over $50 million for a new fund, according to an SEC filing.
The fund, which has a target of $100 million, has attracted 75 investors so far, the filing shows.
Founded in 2019 and based in Chicago, the women-led venture firm invests in early-stage companies with digital solutions to climate change.
It was launched by Amy Francetic and Allison Myers. Francetic founded and ran Energize Ventures and Clean Energy Trust while Myers was a senior manager in Accenture Strategy’s utilities, sustainability and smart cities practices. Myers is also an advisor to the Michigan Social Venture and Climate Funds.
Buoyant’s investments include StormSensor, SupplyShift, FloodFlash and RaptorMaps.