Local weather tech-focused enterprise capital investor Clear Vitality Ventures (CEV) introduced the appointment of Dr. Charlotte Kirk as Funding Precept for the launch of the agency’s European presence by its new London workplace.
Based in 2017, CEV invests in corporations commercializing disruptive and capital-light superior power applied sciences and enterprise mannequin improvements that may reshape how power is produced and consumed, and may obtain vital scale by making the most of market-driven forces to deal with international local weather disruption. Standards for every funding embody a functionality of mitigating no less than 2.5 gigatons of CO2e emissions cumulatively between the preliminary funding and 2050.
The brand new appointment follows the closing earlier this yr of CEV’s second flagship fund, elevating $305 million, and concentrating on the mitigation of 75 gigatons of greenhouse fuel emissions by 2050. Alongside the closing, CEV introduced the institution of a London workplace, with plans to carry its technique to local weather expertise entrepreneurs throughout Europe.
In a social media submit asserting the appointment, Kirk mentioned:
“Excited to launch Clear Vitality Ventures European presence, as our new workplace in London. By our newest $305 million fund, we now again the very best corporations & strongest groups on either side of the Atlantic – throughout the US and right here in Europe.”
Kirk joins CEV from Australian iron ore producer Fortescue, the place she served as Head of Expertise, and as a founding member of the corporate’s enterprise capital fund, the place she led a number of investments into industrial transformation-focused renewable power options. In her new position, Kirk will assist drive CEV’s European development, in line with the agency, serving to to guide funding technique, technical due diligence, deal execution and portfolio assist.
CEV Co-Founder and Managing Accomplice Daniel Goldman mentioned:
“The breadth and depth of Charlotte’s technical and business experience, coupled together with her robust community of collaborators throughout the worldwide power and local weather tech ecosystem, will assist supercharge CEV’s investments throughout all corners of the globe.”