SOSV and JetBlue Technology Ventures Discuss VC Climate Tech and ESG at TC: Climate 2022 Sessions – TechCrunch

Investments in climate technologies are growing almost as fast as climate change itself. In 2021, climate tech startups have received over $40 billion on more than 600 transactions. This is more than double the capital investment made in 2020.

As S&P Global recently announced, corporate sustainability efforts are coming under increasing scrutiny from investors, regulators and the general public, putting companies in the spotlight to actually behave differently. . As a result, many venture capitalists, especially those with strong environmental social governance (ESG) policies, are increasingly interested in startups focused on climate change technology.

Our existential climate crisis, the climate technology that could mitigate it, and the VCs committed to funding it will intersect in two different presentations at TC Sessions: Climate 2022 (presented by Extreme Tech Challenge) in Berkeley, CA on June 14.

We are thrilled to announce that Amy Burr, President of JetBlue Technology Ventures (JTV), and Pae Wu, Partner at SOSV and CTO at IndieBio, will lead two different panels discussing climate tech investing, social responsibility (CSR) and ESG.

Burr is leading JTV at a time when JetBlue has increased its measurable steps to reduce its effects on climate change and achieve net zero carbon emissions by 2040. Among other efforts, and a first for JetBlue, the company now ties ESG objectives for bonuses for its senior leaders.

As Chairman, Burr shapes the strategic direction of JetBlue’s venture capital investments and facilitates the integration of successful start-up programs into the airline’s overall corporate innovation initiatives. A sample of JTV’s portfolio companies include Joby (publicly traded), Lacuna, Turnkey (acquired), and Universal Hydrogen.

Prior to joining JTV, Burr – one of the original founders of Virgin America – served in various leadership roles at VX and led the merger integration with Alaska Airlines.

At SOSV and IndieBio, Wu is responsible for portfolio management and technical oversight. She focuses on funding early-stage climate startups, as well as tracking the trends and timing of hot, climate-specific industries. A sample of SOVO portfolio companies include Apix, New Age Meats, Perfect Day and Re-Nuble.

Prior to joining IndieBio, Wu served as Scientific Director of Alpha, Telefónica’s Moonshot factory based in Barcelona. His previous career includes stints as Director of Science at the US Office of Naval Research (Global) and as Technical Consultant at the Defense Advanced Research Projects Agency (DARPA).

Don’t miss this opportunity to hear from Amy Burr from JTV and Pae Wu from SOSV. You’ll better understand how investors think when it comes to investing in climate tech, and you’ll learn how – and why you should – integrate ESG policies into your startup from day one.

TC Sessions: Climate 2022 is all about the growing wave of startups, tech, scientists and engineers dedicated to saving our planet and, of course, the investors who fund them. Join us in person on June 14 at UC Berkeley’s Zellerbach Auditorium. Join now and save $200.

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