Blue Bear Capital

Blue Bear Capital is pleased to share the close of our third fund, adding $200 million in new capital to help entrepreneurs build digital technology companies in markets which include sustainable energy production, electric grid infrastructure, transportation and logistics, energy-intensive industries, and climate industries such as storm and wildfire protection, pollution reduction, and water and land management. We thank the dozens of senior executives from leading private equity and infrastructure funds, alongside returning Blue Bear institutional investors such as Rockefeller Brothers Fund, the McKnight Foundation, and ZOMA Capital (a Walton Family affiliate), in addition to new partners including UBS and WovenEarth Ventures. Check out the full story at our release below. https://lnkd.in/dhZQpFgg

Blue Bear Capital is pleased to share the close of our third fund, adding $200 million in new capital to help entrepreneurs build digital technology companies in markets which include sustainable energy production, electric grid infrastructure, transportation and logistics, energy-intensive industries, and climate industries such as storm and wildfire protection, pollution reduction, and water and land management. We thank the dozens of senior executives from leading private equity and infrastructure funds, alongside returning Blue Bear institutional investors such as Rockefeller Brothers Fund, the McKnight Foundation, and ZOMA Capital (a Walton Family affiliate), in addition to new partners including UBS and WovenEarth Ventures. Check out the full story at our release below. https://lnkd.in/dhZQpFgg

A big congrats to the team entire at Raptor Maps!

We don’t expect a Freeze given so much innovation is in the system, but it’s always smart to prepare for colder weather in winter. Our partner Ernst Theodor Sack shared some thoughts with PitchBook here: https://lnkd.in/gMKFv3q5

Congrats to the The Demex Group team!

We have a little secret... and we’re excited to share it! Delos Insurance Solutions has raised $9 million in Series A funding! This achievement was made possible through the support of our lead investor, HSBC Asset Management, along with IA Capital Group, Blue Bear Capital, Seraphim Space, and other valued angel investors. Want to know more about this exciting step forward? Check out the full announcement on #PRNewswire! #DelosInsurance #SeriesAFunding #WildfireProtection #HSBC #InsuranceInnovation #PRNews

Swing by for pickleball, lite food and drinks with climate enthusiasts on Wednesday, October 16th. We'll be serving up conversations on all things climate and energy. The planet is too hot; stay out of the kitchen! Thank you to our partners SVB and Sea Change #LATW Jordan Kanis Paige Carratturo https://lu.ma/r3ngd9vf

Funding News: The Demex Group raised $10.25 million in a Series A round, led by Congruent Ventures, with participation from Moxxie Ventures, MetaProp, and Blue Bear Capital, supporting its risk analytics and parametric reinsurance solutions. Demex provides a parametric stop-loss reinsurance solution for secondary perils like severe convective storms (e.g., tornadoes, hail), which are increasing due to climate change, offering tailored protection for insurers to manage financial risks. 🗣 “Growing losses from these storms are a critical problem for the insurance industry – challenging insurance companies’ annual earnings and balance sheet surpluses. We’re grateful to have investors who bring climate perspective, technology capabilities, a property mindset, and insurance experience to Demex,” said William Clark, President and CEO of Demex. 🗣 “Insurance carriers are taking significant losses from high frequency events such as thunderstorms and have been digging into their surpluses for years,” said Abe Yokell, Co-Founder and Managing Partner of Congruent Ventures who led the round. “Reinsurers, too, have experienced higher than expected losses due to secondary perils. The Demex model – developed by a blue-chip team from industry heavyweights – quantifies risk and reduces deviation, which broadens reinsurance offerings and ultimately provides a stronger insurance industry for property owners.” #ClimateTech #Reinsurance #ParametricInsurance #SevereWeatherProtection #ClimateRisk #InsuranceInnovation #VentureFunding #SecondaryPerils #Sustainability #RiskManagement #ClimateSolutions #TechInvestment

"AI x Cleantech" Los Angeles meetup this Thursday, 9/12 at 5:30 at Loyola Marymount University - "How Cutting-edge Cleantech and Climate Startups use AI" - PLUS - Meet entrepreneurs of the 2024 Cohort, CTO Alumni, investors and professionals! Register ASAP: https://lnkd.in/d4Ru9mtg Part of #LAClimateWeek and welcoming Hayley Nystrom (McCurdy) from Blue Bear Capital and Tamara Armstrong LMU's VP for Information Technology and Chief Information Officer - speaking to how AI is getting funded and implemented in the real world. We will have a selection of startups present how they are actually using AI to solve climate change - beyond typical ChatGPT applications. Join us at LMU's Playa Vista Campus! Thanks to Jane Richards and Stan Tomsic and Ken Hayes for the local organization.

We're excited to announce the founding members of the CleanAI Leadership Circle! This collection of investors and innovators is at the forefront of advancing the application of AI to achieve our global transition to a net zero economy. Together we are building a community and ecosystem focussed on commercializing and scaling cleanAI innovation. Join us at the CleanAI Summit on October 4th in Toronto to learn more about our work and how we can use cleanAI to mitigate up to 10% of global emissions by 2030 while creating economic value. Register here today: https://lnkd.in/diUB4GSr BDC | BrainBox AI | XPV Water Partners | Plug and Play Tech Center | Qatar Research, Development and Innovation (QRDI) Council | Okra Solar | Buoyant Ventures | Aclima, Inc. | 🌏 The Atlas Capital & Climate Tech Coalition | At One Ventures | Blue Bear Capital | Blackhorn Ventures | Radical Ventures | Greencode Ventures #AI #ArtificialIntelligence #CleanEconomy #NetZero #Sustainability #Innovation