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VC firm Superorganism raises over $25M to back biodiversity startups [Yahoo! Finance]

Cisco Systems, Inc. (CSCO)  More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
Superorganism, the first venture capital firm dedicated solely to biodiversity, announced the close of its inaugural fund on Tuesday, which garnered $25.9 million in investments, according to a press release shared with ESG Dive. Superorganism's debut fund received investments from the Cisco Foundation, the philanthropic arm of Cisco Systems; the Builders Vision, founded by Walmart heir Lukas Walton; and Wedgetail, a biodiversity focused fund from Canva co-founder Cameron Adams, according to the release. Over half of the global gross domestic product (55%) — over $58 trillion — depends on nature, according to an April 2023 PricewaterhouseCoopers report . However, there is an estimated biodiversity funding gap between $598 billion and $824 billion annually, according to an August study published in Ecological Economics. Superorganism, launched in 2023, participates in pre-seed and seed round funding, providing biodiversity-focused startups with $250,000-$500,000 in capital, co-f [Read more]
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Stockreport

VC firm Superorganism raises over $25M to back biodiversity startups [Yahoo! Finance]

Cisco Systems, Inc.  (CSCO) 
More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
Superorganism, the first venture capital firm dedicated solely to biodiversity, announced the close of its inaugural fund on Tuesday, which garnered $25.9 million in investments, according to a press release shared with ESG Dive. Superorganism's debut fund received investments from the Cisco Foundation, the philanthropic arm of Cisco Systems; the Builders Vision, founded by Walmart heir Lukas Walton; and Wedgetail, a biodiversity focused fund from Canva co-founder Cameron Adams, according to the release. Over half of the global gross domestic product (55%) — over $58 trillion — depends on nature, according to an April 2023 PricewaterhouseCoopers report . However, there is an estimated biodiversity funding gap between $598 billion and $824 billion annually, according to an August study published in Ecological Economics. Superorganism, launched in 2023, participates in pre-seed and seed round funding, providing biodiversity-focused startups with $250,000-$500,000 in capital, co-f [Read more]
IMPACT SNAPSHOT
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CSCO
Last Price
Price Change
Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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%
PRICE CHANGE
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