ImpactAlpha, June 16 — Investors and executives in climate tech are seeing an upswell of talent (for context, see “In Silicon Valley, talent follows the capital — and the optimists — into climate tech”). The U.S. Bureau of Labor Statistics projects significant growth in climate-related occupations by 2029.
Stanford, Calif.-based Terra.do has raised $5 million to build an app that helps climate tech employers access prospective employees from around the world. Terra.do has connected over 10,000 professionals with more than 100 employers via its virtual job fairs. Hiring partners on the app include Arcadia, BlocPower and Pachama.
“The current talent funnel for climate- and sustainability-trained professionals is broken, creating a large gap that will need to be filled at Internet scale,” said Anjali Bansal of Avaana Capital, the $150 million climate fund that led Terra.do’s round.
BEENEXT, City Light and the TELUS Pollinator Fund for Good participated, alongside more than 150 individual investors.