Less than two years after investing in climate tech startup company Hippo Harvest, Amazon is now selling its first line of leafy green lettuces.
Hippo Harvest is backed by the Amazon Climate Pledge Fund. Initially announced in June 2020, the Amazon Climate Pledge Fund, is designed to enable Amazon and other companies to meet The Climate Pledge, a commitment to be net-zero carbon by 2040.
Amazon provided initial funding of $2 billion to back visionary companies whose products and services will facilitate the transition to a zero-carbon economy. The e-tail giant announced its first five Climate Pledge Fund investments in September 2020, and began funding Hippo Harvest in December 2021.
Source: Chain Store Age