Local startup business incubator Elemental Excelerator has a new venture capital fund, with some prominent backers, that specializes in climate and technology based in the Islands.
Earthshot Ventures, which is being spun out of Elemental, has an initial $60 million to invest in climate tech hardware and software companies, from Seed through Series B. The idea is that it can help companies scale by connecting them to a global network of investors and policymakers.
Elemental CEO Dawn Lippert, Elemental…
