Atlas Capital, a climate tech fund founded by Southeast Asia-based French entrepreneur Djoann Fal, is aiming to raise a $10 million debut fund with an expectation to increase it to $50 million over time.
Atlas Capital is an angel investor syndicate that allows retail investors to participate in a climate tech fund. The community currently has over 160 angel investors. While these individual investors have helped the firm raise its first few million US dollars, it is working with several organisational limited partners (LPs) to back the maiden fund, Fal, who is the general partner and founder of Atlas Capital, told DealStreetAsia.