Venture capital firm draws attention with big shift in investment strategy: ‘The difference is massive’
Michael Luciani is trying to shift the scales in climate-smart investing. While over half of sustainability tech investment dollars are going into energy and transportation, those industries are responsible for less than half of climate impacts.
“The big contributors are how we make things, the industrials and chemicals and plastics, as well as food and agriculture and buildings,” Luciani told TechCrunch. “I have come to believe that engineered biology is the best emerging solution for the majority of problems in those categories.”
This is why Luciani co-founded Juniper Ventures. It focuses on small investments in early-stage climate biotech companies that are trying to make the leap from the lab to the market. Luciani used to invest with…
