Korean VC Sopoong closes $8M fund for startups focused on environmental impact

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Getting there will be another story.
Although Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall.
Sopoong, a social impact-focused VC, intends to support environmentally minded tech founders in South Kore

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