Hollywood actor Robert Downey Jr. introduces a venture fund to back startups
His ‘Footprint Coalition Ventures’ will be launched at the World Economic Forum’s Digital Davos event
Comes under Jr.’s sustainability-focused initiative called the FootPrint Coalition
The new rolling VC fund will be managed through AngelList
It will prioritise Environmental, Social and Corporate Governance
And, will be split between early and late-stage investment funds
The fund to make six investments/year in early-stage companies and four later-stage deals
The actor rose to fame after portraying Iron Man in Marvel Studios’ films
