EchoVC ran a $2.5 million climate-tech experiment. Here’s how it went.
- EchoVC released a report on its $2.5 million Eco Pilot Fund, detailing its performance and impact.
- The Eco Pilot Fund was launched in partnership with Shell Foundation and UKAid to support African climate tech startups.
- The fund has backed 15 startups in sectors such as energy storage, clean cooking, and waste management.
The approach taken by EchoVC in promoting microfunds and flexible financing is commendable, as it addresses the unique challenges faced by African startups, particularly in the climate tech sector. This model could serve as a blueprint for other investors looking to support underrepresented founders and drive meaningful impact in emerging markets.
