Jeff Bezos, Bill Gates-led $1-bn fund makes 1st investment
Breakthrough Energy Ventures, a $1-billion fund led by investors including world's richest man Jeff Bezos and Microsoft Co-founder Bill Gates, has made its first investment in two energy storage startups. Form Energy received $9 million with Prelude Ventures, and Quidnet Energy got $6.4 million alongside Evok Innovations. Launched in 2016, the fund invests in technologies to fight climate change. 