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Superorganism raises $25M to back biodiversity startups
Superorganism, a new venture capital firm launched in 2023, has secured $25.9 million for biodiversity startups aiming to protect nature. Backers include Cisco Foundation and Jeff Jordan. The firm’s investments target tech to reverse extinction, climate-biodiversity startups, and conservation tools, with a commitment to donate 10% of profits to conservation efforts. They aim to create a diverse portfolio while addressing critical biodiversity issues.
Key points
- Superorganism focuses on biodiversity and secured $25.9 million from notable investors.
- Backs startups in three categories: tech to reverse extinction, climate-biodiversity intersections, and tools for conservationists.
- Investment ranges from $250,000 to $500,000 for pre-seed and seed-stage companies.
- Plans to have a portfolio of about 35 companies and has already invested in 20.
- Commits 10% of profits to conservation efforts.
- Showcases diverse investments to attract various follow-on investors.
- Utilizes a unique approach to biodiversity, differentiating from climate-focused funds.
Why it matters
- The firm's launch aligns with increasing global focus on sustainability and biodiversity post-2020.
- Reflects a growing trend in the investment community to back environmental projects and companies.
- The political climate has shifted, enhancing interest in bipartisan approaches to conservation.
- Similar efforts noted in investing trends, showcasing how biodiversity is increasingly recognized as critical for sustainability.
Superorganism's innovative approach to venture capital highlights a critical shift in addressing biodiversity loss, setting a precedent for future investments in the conservation sector and demonstrating the potential of strategic funding for ecological preservation.