Sequoia Capital, an American venture capital firm, GIC, a sovereign wealth fund, and Primavera Capital, an investment firm that focuses on private equity and special situations opportunities, agreed to invest $1bn in Envision Group, a digital energy company. "This is a strategic investment to promote the construction of a new global green industrial system. Responding to the propositions of the times through innovative means has always been Sequoia China's pursuit and is in our genes. Carbon neutrality is the key challenge facing the future of mankind. Our destiny is in our hands," Neil Shen, Sequoia Capital Founding and Managing Partner.