ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
DealStreetAsia

Atlas Capital aims to net $10m for Southeast Asia climate tech fund

Retail investors will get chance to back climate technology

Atlas will use most of its capital to invest in U.S. climate tech companies that have a mandate to expand to Southeast Asia. (Source images from Reuters and Atlas Capital website)

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more