Elemental Excelerator, a nonprofit investor in climate-tech startups including BlocPower and ChargerHelp, says it’s “doubling down” in the wake of Silicon Valley Bank‘s collapse.
Elemental intends to pump $43 million more into climate-tech startups — $13 million of which will be set aside for its twelfth accelerator program, beginning in October. The investor hasn’t secured all of the money yet; it is “in the process of raising the funds,” a spokesperson told TechCrunch.
In a nod to both the VC slowdown and the run on SVB, Elemental said it intends f
Elemental aims to pump $43M into climate startups with ‘deep community impact’
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