Schneider Electric-backed SE Ventures launches $500m climate-tech fund

Schneider Electric-backed SE Ventures launches $500m climate-tech fund

Renewable energy/Illustration/ Internet Archive

Global venture capital fund SE Ventures, backed by French energy management company Schneider Electric, has announced a €500-million (around $500 million) Fund II on Monday, establishing it as one of the largest VCs focusing on climate and industrial technology.

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