Montreal-based venture studio Diagram has announced the launch of its ClimateTech Fund, raising $80 million CAD, surpassing its initial target of $60 million CAD. This marks Diagram's first fund focused on climate technology, aiming to support startups in the climate sector. The firm plans to provide capital, customer connections, and product development frameworks to help early-stage companies succeed. Diagram is already developing two startups under this fund, including Relion, which focuses on EV charging infrastructure, and Lyteflo, an EV sales enablement solution. Interest in climate-focused investments remains robust despite broader fundraising challenges.