Lukas Walton's Climate-Focused Investment Firm S2G Raises $600 Million In Outside Funding [Forbes]
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Source: Forbes
ukas Walton's climate-focused investment firm S2G has raised $600 million in outside funding, according to a with the Securities and Exchange Commission. The 37-year-old Walmart heir, who has already poured $3 billion into S2G and his other investments through his umbrella group Builders Vision. The move represents the first time that S2G has brought in outside capital since Walton founded it in 2014. It now holds $2.5 billion in assets. Its portfolio of more than 100 companies includes green cement maker Brimstone; Apeel Sciences, which is working to increase the shelf life of food; and Moleaer, which cleans water with nanobubbles, which are 2,500 times smaller than a grain of salt. Walton started the organization for his investment, philanthropic and advocacy efforts that includes S2G, in 2021.The group has deployed its cash to slow climate change, promote sustainable farming and clean energy, and heal the world's oceans. “We are addressing some of the biggest challenges of o
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