
HANOI -- Atlas Capital, a climate technology venture capital firm founded by Southeast Asia-based French entrepreneur Djoann Fal, is aiming to raise a $10 million debut fund that it expects to grow to $50 million over time.
Atlas Capital is a so-called angel investor syndicate that allows retail investors to participate in climate tech funds. The community currently has over 160 angel investors. While these individual investors have helped the firm raise its first few million dollars, Atlas Capital is working with several limited partners (LPs) to back the maiden fund, Fal, Atlas' general partner, told DealStreetAsia.