Bain Capital Ventures, Union Square Ventures’ founder Fred Wilson and Tiger Global have an appetite for impact: they are among the investors in a first-time “mission-driven” fund. Gutter Capital has raised $25 million to invest in start-ups addressing environmental and social issues including carbon emissions reduction, climate change resilience, economic mobility and affordability of essential services such as healthcare, education and housing.
New York-based Gutter Capital was founded by Dan Teran, a founder-turned-VC investor, and James Gettinger, a former professional gambler. Press release here.
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