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Alexandre Mars, founder of Blisce and the Epic Foundation

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Bliscehas become the late VC firm to launch a fund give to climate technical school , for which it plans to advance as much as € 150 million ( about $ 162 million ) . The house is engage investor Pierre - Edouard Berion to contribute the investment firm , and Lucie Basch , the cobalt - founder ofToo Good To Go , is going to support the fund as a venture married person .

If you are n’t familiar with Blisce , the VC firm is based in Paris , has an role in New York and is better known as the investiture vehicle ofAlexandre Mars(pictured above ) . Mars is an entrepreneur - turn - philanthropist who created a handful of tech fellowship during the other 2000s and sell them to fully grown names like Publicis and BlackBerry . Blisce raised $ 240 million ( about € 225 million ) for itslast fund .

More recently , Mars launched Blisce , a classic , for - gain VC firm , though it carries a B Corp recording label . He also startedEpic , a non-profit-making origination that finances organizations that reduce childhood inequality when it come to education or wellness , and supports organizations that struggle climate alteration .

It ’s hard to mouth about Blisce without mentioning Epic , because a portion of Blisce ’s profits are reinvested in Epic to cover the foundation ’s useable costs . likewise , the Blisce squad is committing 20 % of its extend pursuit to Epic .

It appears to have been working well , peculiarly because Blisce has invest in several unicorn such as Spotify , Pinterest and Headspace . More late , the business firm invested in Brut , Sorare and Welcome to the Jungle . As you’re able to see , the company ’s portfolio is a intermixture of consumer tech company , and it has n’t yet focused on mood technical school .

With the firm ’s new fund , Blisce want to empower in tech startups that have a positive encroachment on climate change , especially in polluting industries like materials , intellectual nourishment , construction , mobility and energy . The firm is going to put together a dedicated team for this stock , and as mentioned above , has hiredPierre - Edouard Berionto head it .

Berion is a intimate face in Paris ’ VC circle . After working for a few class as investment funds director at Eurazeo ( he invested in Zenly , Withings and Vestiaire Collective ) , he joinedRaise Venturesas a married person .

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As for Lucie Basch , she already roll in the hay the Blisce squad quite well , as the firm is an investor in her company , Too ripe To Go . She will become a venture partner for the Modern climate fund — in VC lingo , that mean she ’ll stay at Too estimable To Go and serve the fund on the side . Blisce is still raise money for its novel investment company , so it ’s going to be interesting to see how much they manage to raise .