Obvious Ventures, a venture capital firm with 12 years of activity, has announced the closing of its fifth fund, raising exactly $360,360,360.

The fund will focus on investments in companies operating in sectors crucial to the health of the planet, people, and the economy. Although the source does not provide specific details on the technologies or business models that Obvious Ventures intends to finance, the focus on "planetary health" suggests an interest in innovative solutions in areas such as renewable energy, sustainable agriculture, water resource management, and reduction of environmental impact.

Venture capital firms play an important role in the innovation ecosystem, providing capital and support to startups and growing companies that develop new technologies and business models. Obvious Ventures' choice to focus on companies with a positive impact on society and the environment reflects a growing awareness of the importance of sustainability and social responsibility in the global economy.