2017 was a year of ‘firsts’ for Evergreen Climate Innovations. We saw our first portfolio company exits and have demonstrated that our “revolving” fund model is working as designed. We will reinvest our investment proceeds into the next generation of startups for our 2018 cycle. We published our first Annual Stakeholder Report, which in addition to highlighting our 501vc™ investment platform, also presented a holistic assessment of our investment impact.
- Over half of our portfolio company CEOs are women or minorities.
- One-third of our CEOs are first- or second-generation immigrants.
- Together, our portfolio companies have reduced carbon emissions by 40 million pounds – the equivalent of taking 40,000+ cars off the road. (And they’re just getting started!)