3 years ago
Subak Targets £20 Million to Back Climate Tech Innovations
Subak, a London-based climate tech accelerator, is seeking £20 million in funding to expand to eight data-led climate centres across six continents by 2025
The funds will also be used to develop a grant technology platform to democratise access to climate funding worldwide
Subak's CEO, Amali de Alwis MBE, calls on investors to join them in tackling the climate crisis, stating that equity funding is vital but not sufficient, and a unified approach is needed.
ProblemTechnology
"Climate change is a significant threat, and traditional approaches to funding and supporting climate solutions are insufficient. "
Solution
"Subak is building a global network of climate tech accelerators to support and fund organizations tackling climate change. They are using data and technology to drive change in consumer and corporate behavior and to inform public policy. "