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TLDR: New EV sales have recently slowed due to high costs and other factors. Used (not new) EVs are beginning to enter the car market at scale and are surprisingly inexpensive given that depreciation rates for EVs are far higher than those of gas-powered cars. This market dynamic creates opportunities for car buyers to take…
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TLDR: New EV sales have recently slowed due to high costs and other factors. Used (not new) EVs are beginning to enter the car market at scale and are surprisingly inexpensive given that depreciation rates for EVs are far higher than those of gas-powered cars. This market dynamic creates opportunities for car buyers to take…
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We are thrilled to announce two new additions to the PVG team—Chris Yahanda and Nathan Smith have joined us as senior associates. Chris and Nathan bring years of experience in renewable energy project development, government relations, carbon market investments, and decarbonization strategy. We are grateful to have their talent and insight. Chris brings over 6…
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The Inflation Reduction Act (IRA) represents a generational investment in CDFIs and credit unions to finance emissions-reducing and money-saving projects in your communities at an unprecedented rate. In 2024, over $41B in funding—from the Greenhouse Gas Reduction Fund, Home Efficiency Rebates, and more than 14 other programs to support a green transition—is starting to flow…
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1. We know it’ll be hard to sum up your professional journey to date, but could you tell us about what you did before joining PVG?I’ve been extremely lucky. For the last 15 years, I’ve been involved in launching and scaling new products and services that reduce society’s impact on the environment. My interest in…
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[London and New York, April 11, 2024] – Systemiq Capital and Purpose Venture Group (PVG) have announced a new partnership to accelerate climate solutions into the marketplace. PVG joins as a venture partner and investor in Systemiq Capital, which backs climate tech entrepreneurs raising late-seed to Series A/B rounds with $140m AUM. Current Systemiq Capital…
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Purpose Venture Group (PVG) is excited to announce Nadeem Sheikh has joined the firm as a Partner. Nadeem brings over 15 years of experience working at the intersection of technology and sustainability as an executive, operator and advisor. Having played a leadership role in scaling and successfully exiting multiple ventures in the climate and technology…
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As we settle into the habit of typing ‘2024’ (something we usually master by mid-spring), our team has been reflecting on the successes, curveballs, wins, and challenges of the past year. Our overarching assessment is that in 2023, the momentum behind deploying long-lasting and equitable climate solutions continued. Arriving at this conclusion required us to…
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As a company, PVG has always believed in the power and importance of hope. Hope can compel action and drive progress. It energizes our work and inspires our most creative solutions. In our climate work, a field that can at times feel overwhelming and full of dismal headlines, it is critical to not lose sight…
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Not sure what to make of the EPA’s recent guidance on the Greenhouse Gas Reduction Fund (GGRF), or how it could help your business? Our team created a guide to help anyone considering an application for funding or considering working with an applicant in the future. The Greenhouse Gas Reduction Fund is an unprecedented, market-forward…
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If you take a look at the values that comprise the core of our company and the team we are building, optimism is front and center. We do the work we do because we can picture a cleaner, more equitable future, and we get up every day to help bring a little more of it…
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