Climatetech finance

Climatetech finance

This MIT-backed fund wants to solve the toughest climate problems

The Engine Ventures just raised $400M to help fill the vast funding gap for tough tech” companies, including firms working to decarbonize heavy industries.

By Maria Gallucci  . 

Katie Rae helmed The Engine from 2017 to 2023 and now leads its venture capital arm. (Tony Luong/The Engine Ventures)