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Investor Highlight: General Atlantic's BeyondNetZero

Investor Highlight: General Atlantic's BeyondNetZero
January 11, 2022

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The climate crisis has flattened forests, decimated factories, and increasingly shaken up investment portfolios for the world’s biggest firms. No exception is General Atlantic, the massive New York private equity firm that has been writing checks for companies seeking to reduce and reverse the impacts of climate change, all while returning investment dollars at scale.
         
This past summer, the firm
 started the BeyondNetZero fund to make focused investments in four main areas: decarbonization, energy efficiency, resource conservation, and emissions management. RoadRunner, a data-driven waste management platform, has raised a $70MM Round D. The start-up partners with businesses to divert trash from landfills and efficiently process and recycle materials.

BnZ has also invested in 80 Acres, a vertical farming company utilizing growing technologies and data analytics to increase revenue by 450% in the first half of 2021. BeyondNetZero chipped into the start-up's $160MM Round B in August.

For more on climate-conscious companies, search the keyword “sustainability” in our database.

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Since last week, PrivCo has added:
244 Companies | 147 Funding Activities | 82 M&A Deals

Funding & Deal Highlights:
 

Maze Therapeutics raises $190MM from Matrix Capital

Biopharmaceuticals • Equity • S. San Francisco, CA
 

Ankorstore raises €250.0 MM from Tiger Global Management

Wholesale Marketplace • Round C • Paris, France
 

Syntegra raises $5.6MM from Sweat Equity Ventures

Healthcare Platform • Seed • San Mateo, CA
 

ChargeNet raises $6.2MM from Aligned Climate

CleanTech • Seed • San Diego, CA
 

TurbineOne raises $3MM from XYZ Venture Capital

National Security • Seed • San Francisco, CA
 

MeMed raises $93MM from Horizons Ventures

Medtech • Equity • Tirat Carmel, Israel
 

Career Karma raises $40MM from Top Tier Capital Partners

Edtech • Round B • San Francisco, CA
 

The House of LR&C raises from Harlem Capital Partners

Apparel • Debt • Seattle, WA
 

Il Makiage raises $130MM from Fidelity Investments

Makeup • Equity • New York, NY
 

Polycarbin raises $2MM from Ringbolt Capital

Healthtech • Seed • Los Angeles, CA
 

Forge Biologics raises $80MM from Midcap 

Biopharmaceuticals • Debt • Columbus, OH
 

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