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Australia's Investible eyes 'novel tech' for climate fund

Has invested in companies including an electric-aircraft motor startup

Australia-based Investible says it has put money into eight startups focused on decarbonization across sectors such as logistics and agriculture. (Source photos by AP and screenshot from Investible's website) 

SINGAPORE -- Australian venture capital firm Investible has made the first investments out of its Climate Tech Fund, after securing 30 million Australian dollars ($19 million) in commitments.

The Climate Tech Fund, which invests in pre-seed to Series A stages of funding, is looking to raise a total of AU$100 million.

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