Drawdown Fund

As humanity confronts unprecedented challenges, the Intergovernmental Panel on Climate Change estimates that we must remove up to 310 billion tonnes of CO₂ by 2100 to limit global warming to 1.5°C. With our growing global population and current consumption patterns, this poses a daunting task. At GGF, we’re unwilling to accept defeat and settle for a bleak future. We stand ready to challenge the status quo and address this global crisis at its root. Our investment approach and thesis Spotting a vital missing piece in the climate change puzzle, we recognize the absence of broad resilience to disrupt a persistent negative loop. While the urgency is clear, many institutions still lean towards reactive responses instead of fostering proactive resilience. We envision a future where food and energy security is ensured, climate resilience is embedded in all practices, and our planet thrives. Guided by this vision, we strategically invest in early-stage green tech and food tech start-ups, transforming food and energy systems, cutting global emissions, and improving resource security. Our background and secret sauce At GGF, we are lucky to have a team of individuals with diverse backgrounds and sector-specific expertise. Being one of the largest female-led sustainability funds, we bring a variety of perspectives to our work. Each team member contributes unique skills, helping us make informed investment decisions. More than just investors, we are committed to guiding visionary founders towards crafting a sustainable future.

Profit and purpose can be a virtuous cycle. Solving humanity's biggest problems can provide superior financial returns. Tech-enabled companies can have significant impact at scale BUT Tech companies and impact investors largely live in different worlds. Avesta can bridge these worlds to harness the tech world toward positive impact. Areas of Focus We invest in tech-enabled companies whose positive impact is aligned with their business. We prioritize (but are not limited to) diverse entrepreneurs. Stage: pre-seed or seed; Typically raising $750K to $4M in the round. ClimateSustainable Agriculture Energy Efficiency Clean Energy Carbon Sinks Clean Manufacturing Circular Economy Green Buildings OpportunityEducation Financial Inclusion Future of Work Health Access & Affordability Housing Entrepreneurship Development What we offerTypical investments of $150K to $500K per company Best-practice based coaching to help founding teams optimize their impact, and align it with their business Unique mix of experiences that help companies bridge both the VC and impact worlds Connections to our broad network of investors and partners interested in impact-oriented tech startups

We are proud to bring together the leaders in the fields of aerospace, AI, and venture capital to invest in the most promising companies showing strong traction, team and great designs. With a strong focus on the future of air mobility, mobility, smart cities, and renewable, sustainable transportation, we are committed to helping businesses grow and succeed.

Founded in 2014, Generate has been accelerating the Infrastructure Revolution for years, partnering with pre-eminent innovators with a diversified fleet of over 2,000 sustainable infrastructure assets, serving more than 1000 customers and communities. We are the one-stop shop for technology companies, developers and integrators for capital and help to deploy sustainable infrastructure and for customers to meet resilience, decarbonization and cost savings goals. Climate change, and the related resource challenges of food insecurity, energy poverty, and water scarcity, require an unrelenting focus on delivering solutions at the urgency and scale required. At Generate, we believe that we can solve the world’s most pressing resource issues by taking a systems-level approach, one that has the appropriate time horizon and the financial, operational and human capacity to comprehensively address the challenges before us. We recognize that our stakeholder alignment is our license to operate: customers, communities, innovators, developers, employees, capital partners and the planet all must win. We do work others can’t. Generate is the long-term, flexible, operationally capable, and values-driven partner for pioneering project developers and solutions providers, offering an empathetic and experienced approach to solving the world’s most important problems. Joining Generate is an opportunity to help build a cutting-edge, values-driven organization that is redefining the economics of sustainable infrastructure. At Generate we take a long-term approach to our people and are committed to building a diverse, equitable, and empathetic workforce that is willing to roll up our sleeves and do what it takes to get infrastructure projects built. We integrate our values – integrity, collaboration, excellence, intellectual honesty, and accountability – at all levels, in all of our decisions. Certified as a Great Place to Work, Generate offers employees a collaborative culture, opportunities for personal growth and exposure to ongoing learning opportunities. What you can expect from us:The ability to truly “do well by doing good”; indeed, we really are changing the world An opportunity to help build a cutting edge, values-driven organization that is leading the Resource Revolution and redefining the economics of distributed, sustainable infrastructure The integration of our values – integrity, collaboration, excellence, intellectual honesty, and accountability – at all levels and with our many stakeholders An opportunity for entrepreneurship and leadership in building out and managing the company’s operational infrastructure and the teams to support it A commitment to your professional development, ongoing learning opportunities, and overall growth as a person The ability to work with a team with decades of collective experience financing and managing billions of dollars of sustainable infrastructure, leading successful startups, and growing great people Competitive pay and benefits

The Climate Pledge Fund is a corporate venture program that invests in companies accelerating Amazon’s path to meeting the commitments of The Climate Pledge. Our mission Support innovative climate technology companies with the most potential to help Amazon and others reach net‑zero carbon emissions by 2040. This dedicated program - with an initial $2 billion in funding - invests in visionary companies with a potential for long-term impact. We fund companies across multiple industry sectors that impact climate change. We’re looking for companies of various sizes, from startups to well-established enterprises, developing solutions that will help Amazon and others decrease the overall cost of decarbonization. Transportation and logistics: For 45% of countries transport is the largest source of energy related emissions. For the rest of the countries, it is the second largest source. (Source: un.org) Energy generation, storage, and utilization: Electric power generates the second largest share of greenhouse gas emissions. Approximately 60% of our electricity comes from burning fossil fuels, mostly coal and natural gas. (Source: un.org) Buildings: The operations of buildings account for 30% of global final energy consumption and 26% of global energy-related emissions. (Source: IEA – International Energy Agency ) Manufacturing and materials: One-fifth of the world’s carbon emissions comes from the manufacturing and production sectors consuming 54% of the world’s energy sources. (Source: The World Economic Forum ) Circular economy: The way we live now is using 60% more resources than the Earth can provide and creating too much waste. In a circular economy, things are made and consumed in a way that minimizes our use of the world’s resources, cuts waste, and reduces carbon emissions. (Source: weforum.org) Food and agriculture: Without intervention, food system emissions will likely increase by up to 40% by 2050. (Source: un.org) Carbon removal: The world needs to remove roughly 1 trillion tons of carbon dioxide from the atmosphere over the course of this century to keep global warming below the 1.5° Celsius limit set by the Paris Agreement. (Source: IPCC.com) Water: Only 0.5% of water on Earth is useable and available freshwater – and climate change is dangerously affecting that supply. Over the past 20 years, terrestrial water storage – including soil moisture, snow and ice – has dropped at a rate of 1 cm per year, with major ramifications for water security. (Source: unwater.org) We’re searching for mission-driven and forward-thinking climate technology entrepreneurs to help us reach net-zero.

As a member of the Nemzeti Tőkeholding group, MFB Invest Befektetési és Vagyonkezelő Zrt. invests capital to support the growth of companies facing expansion and capital-intensive investments, as well as to development projects that are particularly important to the national economy, especially energy and green field projects. It operates within the group of the Hungarian Development Bank and Nemzeti Tőkeholding. Its aim to increase the integration of the Hungarian economy into Europe. In collaboration with market investors and international organizations, it establishes and oversees registered capital funds in Hungary, directing investments towards domestic companies. Through this, it efficiently allocates state resources, while catalysing the engagement of Hungarian private and international co-investors to ensure the successful implementation of numerous projects. It is also involved in traditional industries but places particular emphasis on the green economy, real estate development and achieving energy independence. It engages in tight professional and economic collaboration with the Hungarian Development Bank. Our investment operation in capital funds MFB Invest follows an indirect investment strategy. It establishes capital funds and guides them through their 5–15-year trajectory, securing resources within the funds with co-investors. It delegates the allocation of funds to private fund managers with a focus on various sub-markets so that: capital is distributed more efficiently in the economy, leading to improved aggregated success and returns on investments, with the addition of co-investor capital, state resources can offer amplified financing to enterprises for their development and growth, projects with the goal of correcting or eliminating market deficiencies and gaps, while contributing to the development of the economy, are successfully implemented. Investment areas Real estate investments: The growth rate of infrastructural and real estate investments significantly impacts overall economic growth. Through our investment funds focused on real estate development, we are dedicated to supporting developments and greenfield investments targeting domestic industrial, logistics and service facilities. Energy and innovation: Our investment funds, with a focus on energy efficiency and prioritizing renewable alternative energy sources, network development, and the country's innovation performance offer long-term capital financing through a predictable business model. Green investments: Apart from adhering to ESG compliance and strict regulations, our investment funds dedicated to green investments concentrate on renewable energy, green transport, sustainable cities, eco-friendly construction industry and real estate development, environmental protection, and on those agricultural areas which are particularly susceptible to the impacts of climate change. Agriculture: Our agriculture-focused investment funds are designed to support and develop the entire value chain of agricultural activities, including related supply, processing and distribution processes. International cooperations: Capital funds that strengthen the Hungarian economy's international relations system effectively support the inflow of foreign capital into key domestic industries. Collaborations, such as .the capital fund jointly established by the European Investment Fund and MFB Invest, accelerate the inflow of international capital. Traditional industries: Fortifying traditional industries is not merely an option; it is an economic and sustainability necessity. Through strategic capital funds, we support companies engaged in traditional sectors, including the machine industry, automobile industry, pharmaceutical and chemical industry, process manufacturing, tourism, and the food industry. About the Nemzeti Tőkeholding MFB Invest operates under the coordination of Nemzeti Tőkeholding Zrt., which is responsible for establishing a harmonized and predictable operational framework and norm system for capital funds with partial or full state backing. Additionally, it defines a unified strategic direction for the sufficient capital financing of domestic enterprises. The collective mission of the group members of Nemzeti Tőkeholding is to contribute capital to achieve the goals set by the Ministry for National Economy. In pursuit of this mission, they possess both direct and "fund of funds" investor competencies.