Buoyant Ventures Invests in Raptor Maps
In a recent webinar One Woman's Journey to Climate Investor, we learned that Amy Francetic created Buoyant Ventures to invest in startups who focus on solutions for solving global warming. Last week, Amy announced her first investment in Raptor Maps. She co-led the Series A with Blue Bear and Data Point Ventures. This investment in Raptor is a great example of the Buoyant thesis: using digital technologies to address climate risk. Raptor’s software helps optimize commercial and utility scale solar assets, making them cheaper and more productive. Partnerships are key — it takes a village, investors, syndicates, and entrepreneurs
“We are grateful to our investors for their support to help us further our mission,” explains Amy. “Many worthwhile opportunities are competing for capital, especially during COVID. We’re proud that our investors are stepping up NOW to advance climate solutions. We are also thrilled to be investing in Raptor Maps alongside a leading syndicate of partners, including existing investors Blue Bear, Congruent, and Powerhouse Ventures, as well as new investors Data Point and Skyview and Massachusetts Clean Energy Center.”
Buoyant Ventures is in discussion with several Santa Cruz startups. If you are a startup focused on climate issues, let us know if you would like an introduction. She will also participate in Startup Investment Expo.
The deal was publicly announced on August 27, 2020, here’s the BusinessWire link. And here is a Medium post on why we invested.