Bill Gates is the founder of Breakthrough Energy, considered among the most influential early-stage venture capital funds in the energy and decarbonization space. This August, it began raising another $1 billion for its third venture fund, with the aim of a 40% increase in the number of companies it invests in, bringing it to a total 140 initiatives across a variety of industries, from energy to agriculture. As Gates told TIME last year: “The innovation pipeline is very exciting. One piece of R&D can benefit millions of farmers. That’s pretty dramatic for both health and agriculture.”
More Must-Reads from TIME
- Biden Drops Out of Presidential Race, Endorses Harris to Replace Him
- Why Biden Dropped Out
- The Chaos and Commotion of the RNC in Photos
- Why We All Have a Stake in Twisters’ Success
- 8 Eating Habits That Actually Improve Your Sleep
- Stop Feeling Bad About Sweating
- Welcome to the Noah Lyles Olympics
- Get Our Paris Olympics Newsletter in Your Inbox