---
title: "NYC VC Fund Launch: Planeteer Capital Raises $54M Maiden Climatetech Fund"
description: "New York-based Planeteer Capital raised $54M for its debut fund on June 2, 2025, anchored by an Ivy League endowment and Meta former CTO Mike Schroepfer."
date: 2025-06-02T00:00:00.000Z
tags: ["nyc-vc-news", "fund-close", "new-york-funds", "frontier-tech", "seed-investing"]
source: https://venturecapitaltracker.com/nyc-vc-fund-news-2025-06-02-planeteer-capital-54m-maiden-fund
---

# NYC VC Fund Launch: Planeteer Capital Raises $54M Maiden Climatetech Fund

> New York-based Planeteer Capital raised $54M for its debut fund on June 2, 2025, anchored by an Ivy League endowment and Meta former CTO Mike Schroepfer.

Planeteer Capital raised **$54 million** for its **maiden fund** on June 2, 2025 — a NYC climatetech vehicle anchored by institutional and operator capital.

## Key facts

- **Firm:** Planeteer Capital
- **Date announced:** June 2, 2025
- **Fund size:** $54 million (Fund I)
- **Focus:** Climatetech pre-seed and seed
- **Stage:** Often first check, globally
- **Lead:** Sophie Purdom (Partner), Maggie Mullooly (Team)

## Anchor LPs

- Ivy League endowment (anchor)
- **Mike Schroepfer** — Meta's former CTO
- Additional university endowments, mission-driven foundations, climatetech organizations

## Investment themes

Industrial decarbonization, climate risk & intelligence, sustainable supply chains, factory & farm yield optimization, grid management, resource resilience — across hardware-enabled to software spectrum.

## Why this matters

Planeteer represents NYC's continued strength in **climate capital formation** — pairing institutional endowment capital with operator credibility (Schroepfer) at the earliest stages. Sophie Purdom is a recognized climatetech investor and educator in the space.

## Sources

1. VCWire (June 2, 2025): https://vcwire.tech/2025/06/02/planeteer-capital-raises-54m-maiden-fund/