Debates about climate and climate change have been there for almost a century but have intensified in the last decade. Politicians and activists have taken on the hot topic, and now investors have joined. Millennials who form the majority of the population are now more concerned about the future of the planet and are more likely to choose products, services, and companies that are deemed to be conserving the environment. With increased public awareness about climate change, companies are now finding it mandatory to participate in environmental conservation.
Join @achung along with @andrewbeebe and @NancyPfundDBL on May 28th for “This is Climate Tech” a @GreenBiz webcast discussion about why interest in #climatetech is resurging within the investment community and where we’re headed next. Register Here: https://t.co/5sp6NtzDlf pic.twitter.com/OZaWPAYw8E
— 1955 Capital (@1955Capital) May 20, 2020
Renowned San Francisco based venture capitalist Andrew Chung has not been left behind by the wave that is now sweeping even entrepreneurs. Chung is the founder of 1955 Capital that is headquartered in San Francisco. He began his entrepreneurial journey while still at Harvard. His company, 1955 Capital, is involved in developing technologies that can solve the most pressing issues in developing countries. Armed with more than $ 200 million in capital commitments, 1955 Capital now links new companies with the world’s largest markets. While addressing a Swiss Energy and Climate Summit in 2015, Chung was very positive that ClimateTech was going to change the face of entrepreneurship and business. Both social and policy changes support ClimateTech, and this promises a bright future for the infant industry. Experts predict the industry to control trillions of funds in the future, which has attracted interest from the likes of Jeff Benzos and Bill Gates. To know more about the company click here.
Simply put, ClimateTech is a category of solutions used to check climate change. The solutions also allow individuals, companies, and governments to take action that protects the environment. According to the 1955 Capital CEO, the ClimateTech industry offers solutions that are ripe for investment. He warns that just as experts had written off CleanTech as dead and later picked up, ClimateTech will have a massive impact on the industry. Being an expert in technology investments, Andrew Chung says his interest in ClimateTech is a classic example of following the money. He believes that if governments, corporates, activists, and individuals are all calling for the same thing, their calls cannot be ignored but can be monetized. Andrew Chung’s sentiments cannot be taken in vain considering his vast experience in the area.
His LinkedIn Profile: https://www.linkedin.com/company/1955-capital