VC News | 14 VC and private equity firms launch new “All Aboard Coalition”
CoreWeave Ventures launches a new fund for start-ups developing the platforms and technologies shaping AI ecosystems and the next frontier of computing.
All Aboard Coalition:
ESG Today reports that a new coalition of 14 venture capital (VC) and growth equity investment firms has announced the launch of a new collaborative fund to back clean energy and decarbonization technology companies, aimed at enabling them to reach commercial scale.
Spearheaded by TED Conferences Curator Chris Anderson, the new “All Aboard Coalition” is designed to help clean tech companies avoid the “valley of death” in which early-stage companies struggle to raise funding rounds to finance commercial-scale projects, seen as too large for early-stage VCs, but too risky for late-stage investors.
“One of the biggest threats to the world’s future is that the companies capable of building a healthy low-emissions global economy are simply not getting the funding they urgently need,” Anderson said. “The only way to fix that is through collective action. By acting as a community, we can help propel these exciting vanguard companies to true global scale.”
Participants in the new All Aboard Coalition include Ara Partners, Breakthrough Energy Ventures, Clean Energy Ventures, Congruent Ventures, DCVC, Energy Impact Partners, Future Ventures, Gigascale Capital, Khosla Ventures, NGP Energy Capital Management, Obvious Ventures, Prelude Ventures, and Spring Lane Capital. The firms collectively manage more than $60 billion in assets.
Atlas Venture:
PharmiWeb.com reports that Atlas Venture, a Cambridge, MA-based early-stage venture capital firm investing in groundbreaking biotech innovation, has announced the closing of its third Opportunity Fund, raising $400 million in an oversubscribed fundraise.
The new fund, named Atlas Venture Opportunity Fund III, equips Atlas to continue providing longitudinal capital to its portfolio companies as they raise subsequent financings and advance therapeutic programs. The raise comes on the heels of Atlas’ $450 million Fund XIV, its latest early-stage vehicle which closed in December 2024.
“We’ve been encouraged by the incredible progress made across our portfolio, despite the array of challenges faced by biotechs in the current environment. We are thrilled to be in a position to invest Opportunity Fund III into this exceptional cohort of companies,” said the Atlas partnership in a joint statement. “Opportunity Fund III reinforces our commitment to raising funds tailored in size and strategy to our bespoke investment approach. We are grateful for the support of our longstanding limited partners in our pursuit of building biotechs that can develop transformative therapeutics for patients.”
Atlas’ two-fund model is powered by dedicated pools of early-stage and growth capital for Atlas to invest in portfolio companies with promising therapeutic programs and pipelines. Beginning with seed and Series A investments from our early-stage funds, the Atlas investment team collaborates with dedicated and expert entrepreneurs-in-residence to form and incubate new biotech companies around promising science sourced from around the globe. With Opportunity Fund III in place, Atlas will continue investing meaningfully in select later-stage private and public financings of existing portfolio companies, paired with ongoing strategic involvement.
SKY VC:
JetBlue Ventures has announced its rebrand to SKY VC following its acquisition by SKY Leasing in May 2025. The transition marks the firm’s evolution into an independent investment platform with expanded capabilities to back founders and scale transformative technologies, leveraging SKY’s global network, deep industry relationships, and access to capital.
As part of SKY, a premier aviation alternative asset manager with relationships spanning more than 100 airlines; maintenance, repair, and operations (MROs); and original equipment manufacturers (OEMs), SKY VC’s portfolio companies will gain expanded market access worldwide. The firm will also continue to maintain a strategic partnership with JetBlue.
“We’re excited about our next chapter as we continue to drive innovation across travel and transportation,” said Amy Burr, Chief Executive Officer of SKY VC. “We’ve built a winning formula of combining deep sector expertise with industry connectivity to help startups succeed. While JetBlue is no longer reflected in our name, they remain an important strategic partner to our team. Looking forward, our goal is to continue to bridge the gap between disruptive startups and established leaders, moving technologies from concept to global adoption.”
SKY VC will continue under the same leadership and team, maintaining a focus on enterprise and frontier technologies with broad applications across travel and transportation. Since its founding in 2016, the team has invested in more than 50 early-stage start-ups and achieved eight successful exits through acquisitions and public offerings.
CoreWeave Ventures:
CoreWeave has announced the launch of CoreWeave Ventures, a new initiative committed to backing founders and companies developing the platforms and technologies shaping the artificial intelligence (AI) ecosystem and the next frontier of computing.
As AI adoption expands across industries, demand for purpose-built infrastructure, tools, and applications continues to grow. By providing investment resources, technical expertise, and compute, CoreWeave Ventures enables founders to bring new ideas to market faster.
“We started CoreWeave with the conviction that AI’s true promise required a cloud platform built from the ground up to optimize for AI-specific workloads. It took audacity, humility, and the support of other believers who helped us create the cloud platform of choice for many of the largest AI labs and enterprises,” said Brannin McBee, Co-Founder and Chief Development Officer at CoreWeave. “Our aim with CoreWeave Ventures is to give other audacious, like-minded founders the support they need to drive technical advancements and bring to market the next class of innovation.”
CoreWeave Ventures supports founders in driving the development of their platforms by providing:
- Variety of capital investment models to help companies scale.
- Accelerated access to the CoreWeave cloud platform, purpose-built for AI.
- Testing environments across production-grade performance clusters to fast-track new real-world use cases in AI.
- Insights on product and go-to-market strategies shaped by CoreWeave’s relationships with hundreds of enterprises and AI-first organizations.
- Opportunities for deep technical alignment through technology partnerships and integrations.
Like what you've read?
Forward to a friend!