Amazon has announced that The Climate Pledge Fund—a corporate venture capital fund that invests in companies that can accelerate Amazon’s path to meeting The Climate Pledge commitment—is investing in CMC Machinery, a company with technology that makes custom-sized boxes that eliminate the need for single-use plastic packaging.
The Climate Pledge Fund invests in companies that can accelerate Amazon’s path to meeting the goals of The Climate Pledge, which has been signed by more than 200 businesses worldwide. The Fund is a $2 billion venture investment program created to back companies building products, technologies, and services that will enable Amazon and other companies to accelerate their path to net-zero carbon.
