Announced
Completed
Financials
Tags
Private
Acquisition
Venture Capital
Private Equity
Environmental / Waste Management
climate protection
Switzerland
Friendly
Cross Border
Minority
Completed
Single Bidder
Synopsis
Tamasek, an Singaporean state holding company, and Salesforce Ventures, an investment arm of Salesforce, focused on partnering with the most innovative enterprise technology companies, led a funding round in South Pole, a company which develops and implements comprehensive emission reduction projects. Financial terms were not disclosed. "We don't have much time left to reach net zero emissions. As a global leading climate finance and technology-based company, we are excited to welcome Temasek and Salesforce Ventures as new shareholders. After leading European impact investor Lightrock joined South Pole in early 2021, adding new technology-driven investors from Asia and the US is the next logical step to underscore our ambition to democratize climate action," Renat Heuberger, South Pole CEO and Co-Founder.
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