Microsoft is among the limited partners for venture firm Congruent Ventures’ latest sustainability-focused fund.

US-based venture capital firm Congruent Ventures has raised $175m for an early-stage climate technology fund, from limited partners including software producer Microsoft, Bloomberg has reported. The firm had targeted $125m for the close but surpassed that figure with commitments from Microsoft’s Climate Innovation Fund and VC firm Prelude Ventures. Founded in 2017, Congruent typically invests…

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