This venture capital firm believes investing in climate is ‘Obvious’—and just raised another $360 million to prove it

When Obvious Ventures launched 12 years ago with a focus on “world positive” companies, the idea was a contrarian bet: that startups tackling climate, health, and economic resilience could deliver big returns, not just feel-good impact. Founded by Twitter cofounder Ev Williams and others, the firm backed companies like Beyond Meat, the AI drug discovery company Recursion Pharmaceuticals, and Diamond Foundry, which makes sustainable lab-grown diamonds. By 2020, other VC firms had gotten into the climate investing space...