The fund, called Razer Green Fund, emerges a month into Razer’s 10-year plan to “preserve nature and protect the environment” through renewable energy and carbon-neutral projects, the company said in a statement.
“Asian technology companies are morphing into global stakeholders,” says Abishur Prakash, a Toronto-based author on technology and politics.
“I agree that millennials care about that kind of thing,” says Sean Su, an independent tech sector analyst in Taiwan.
Razer Green Fund’s first investment is in The Nurturing Co., a Singapore-headquartered sustainable consumer products company, best known for its Bambooloo brand of toilet paper that uses environmentally-friendly paper packaging.
A lot of companies have extra funds to invest because of the pandemic, Prakash adds, another reason for buying into green startups.
Berkeley to the Great Hall of the People in Beijing where I followed Communist officials for the Japanese news agency Kyodo.