New Impact Funds in Europe in 2022
For over a year now, we’ve been monitoring the fundraising activities of impact-focused funds and publishing an overview of new ones on our Impact Shakers LinkedIn page every 2 weeks.
In this article, we assembled the ones that had a closing in 2022, offering an easy-to-scroll format, with important data points like ‘investment stage and geographical focus’ that can help impact startups find well suited investors. This information is intended to help founders but clearly, it cannot replace thorough research and due diligence.
Indico Capital Partners (PT)
Indico Capital Partners is an independent venture capital firm in Portugal investing in global technology companies. They announced the launch of its first climate action fund — the Indico Blue Fund — a €50 million, fully private capital venture and growth equity fund targeting Portuguese Blue Economy startups and SMEs. The Fund will invest from pre-seed to growth stages in innovative, sustainable solutions that have a positive, measurable contribution towards the Sustainable Development Goals (SDGs), in particular SDG 14 — Life underwater.
Fund size: €50m
Closing: closed in Jan 2022
Geographical focus: Portugal
Focus: tech startups and ocean-related startups and SMEs (blue economy)
Stage: pre-seed to Series A
Ticket size: €100k to €5m
Previous investments: Inclita, Kencko, Ittinsect (see full portfolio here)
Website: https://www.indicocapital.com/
How to pitch? Fill in a form or send an email
PurposeTech (CZ)
PurposeTech is a pre-seed fund that supports purpose-driven technology startups in the CEE empowering purpose-driven founders by being their very first investor and one of their most valued partners in their journey to change the world. PurposeTech was co-founded by serial entrepreneurs Zdenek Fred Fous, David Kovalsky and the Impact Hub — a global network for impact-driven entrepreneurs, innovators and creators.
Fund size: €2m
Closing: Launched in March 2023
Geographical focus: CEE
Focus: Impact-oriented, Sector Agnostic
Website: https://www.purposetech.vc/
How to pitch? Reach out via email on website.
Verdane (SE)
Verdane is a specialist growth equity investment firm that partners with tech-enabled and sustainable businesses based out of Europe to help them reach the next stage of international growth. They have closed a €300m impact fund to focus on startups in a range of sectors like energy, sustainable consumption and health tech.
Fund size: €300m
Closing: closed the fund in Jan 2022
Geographical focus: Benelux, DACH, Nordics and UK
Focus: energy transition, sustainable consumption, and resilient communities
Stage: growth
Ticket size: €10m-€15m
Previous investments: Qbtech, TOPRO, Auntie, EVA Global (see full portfolio here)
Website: https://verdane.com/
How to pitch? Send an email or they encourage you to find the right team member on the website
Global Social Impact Investments (ES)
Global Social Impact Investments SGIIC, the impact investment fund manager of the Santa Comba family holding company, has launched GSIF Spain, a fund focused on direct investment in Spanish companies with high social impact. The new fund already has €8.75 million and plans to exceed €50 million.
Fund size: €50m
Closing: first close in Jan 2022
Geographical focus: Spain
Focus: Food & Agriculture, Consumer goods & Logistics, Productive Assets, Energy Access
Previous investments: Revoolt
Website: https://globalsocialimpact.es/
How to pitch? Reach out via email on website
Cornerstone VC (UK)
Cornerstone VC, born out of black-led angel group Cornerstone Partners, has launched a £20m fund to invest in exceptional entrepreneurs in the UK from diverse backgrounds.
Fund size: £20m
Closing: first close in Aug 2022
Geographical focus: UK
Focus: diverse founders building tech-enabled businesses
Stage: pre-seed and seed
Ticket size: £250k and £1m
Previous investments: PlusHeat, Nudea (see the full portfolio here)
Website: https://www.cornerstonevc.co/
How to pitch? Send pitch deck via Airtable form
Extantia Flagship (DE)
Extantia Capital is a climate-first venture capital firm accelerating the path to a decarbonised world. Extantia unites mission-driven entrepreneurs, scientists, investors, and business leaders to advance the transition. The €300m platform includes Extantia Flagship, a fund backing scalable deep decarbonisation companies, Extantia Allstars, a fund-of-funds investing in climate venture capital funds, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.
Fund size: €150m
Closing: launched in Sept 2022
Geographical focus: Europe (UK included)
Focus: climate tech — reduce emissions and accelerate the transition to a decarbonised society
Stage: seed and Series A
Ticket size: €1m-€4m
Previous investments: Bloom Biorenewables, betteries, BeZero (see the full portfolio here)
Website: https://extantia.com/
How to pitch? Send pitch deck via Typeform
SI3 Fund (BE)
SI3 Fund invests in a society in which everyone can fully participate, develop their talents and be themselves. They aim to decrease inequity and contribute to a world where no one is left behind. A place where all people have equal chances for advancement and a fulfilling live. They offer growth capital and active management support to companies that demonstrably, directly and structurally contribute to promoting equal opportunities.
Fund size: €20m
Closing: First closing Aug
Geographical focus: Western Europe with a focus on the Benelux
Focus: inequality of opportunities
Stage: pre-seed to seed
Ticket size: starts at €250k
Previous investments: (see full portfolio)
Website: https://shapingimpact.group/en/funds/si3-equal-opportunities/
How to pitch? Send an email
Polestar Capital (NL)
The Dutch impact investor Polestar Capital announced the launch of the biggest circular economy fund in Europe. The fund, called the Polestar Capital Circular Debt Fund (PCDF), has opened at €100 million and expects to grow to €400 million within a year.
Fund size: €400m
Closing: first close of €100m in Febr 2022
Geographical focus: Netherlands
Focus: Dutch circular economy projects
Website: https://www.pcdf.nl/
How to pitch? Reach out via form or email
Racine2 (FR)
A new €80m impact fund is launched by insurance company MGEN and will be managed by Serena VC and Makesense. The fund will focus on companies in sectors like healthcare, connected devices and greentech and will write cheques from €500k to €3m.
Fund size: €80m
Closing: closed in Febr 2022
Geographical focus: France
Focus: healthcare, connected devices and greentech
Stage: seed to Series A
Ticket size: €500k to €3m
Previous investments: MAY Santé, helios, Lokki
Website: https://racine2.vc/en/
How to pitch? Fill in this form
Global Cleantech Capital (NL)
Global Cleantech Capital (GCC) is a growth-stage venture capital firm investing to scale exceptional companies into new market leaders in the clean energy, mobility, smart cities and fintech sectors. GCC invests in entrepreneurs and teams building companies that integrate technology to accelerate the green shift. The Fund targets investments in high-growth, high-impact companies in Europe and North America that apply new technologies in the highest emitting sectors of energy, mobility, and cities, or that use finance as an incentive for the energy transition.
Fund size: $75m
Closing: closed in Febr 2022
Geographical focus: Europe and North America
Focus: impact companies that apply new technologies in the highest emitting sectors of energy, mobility, and cities, or that use finance as an incentive for the energy transition
Stage: late venture / early growth
Previous investments: Nacero, Lake Parime, Crowdz, Railsbank
Website: https://www.gccfund.com/
How to pitch? Email via website
European Circular Bioeconomy Fund (LU)
The European Circular Bioeconomy Fund backed by the European Commission and the European Investment Bank raised €300 million to invest in growth companies in the bioeconomy sector and the biobased circular economy.
Fund size: €300m
Closing: launched in Febr 2022
Geographical focus: Europe (EU member states)
Focus: Ag- and food, forestry, blue economy, industrial biotech, bio-based chemicals and materials, packaging, personal & home care, construction, textiles
Stage: growth
Ticket size: €2.5m-€10m
Previous investments: Trapview, Biosyntia, Aphea.Bio (see full portfolio here)
Website: https://www.ecbf.vc/
How to pitch? Direct outreach encouraged to the team
Revent (DE)
The Berlin-based impact-focused early stage VC, Revent closed a $68m (€60m) fund to focus on climate tech, health and well-being, and economic empowerment, backing startups with both “purpose and profit”.
Fund size: €60m
Closing: launched in Febr 2022
Geographical focus: across geographic Europe
Focus: Health and Wellbeing, Economic Empowerment, Sustainable Planet, Future of Food
Stage: pre-seed to Series A
Ticket size: €200k-€2m
Previous investments: Sylvera, Avelios (see full portfolio on website)
Website: https://www.revent.vc/
How to pitch? Send details via form (For Revent to invest, they need to have conviction that they’re looking at a company that will reach $100M ARR and be an “impact fund returner” within the next decade.)
Future Planet Capital — Blue Ocean (UK)
Future Planet Capital, an international venture capital and impact investor, closed a new €20 million Blue Ocean mandate aimed at tackling key issues affecting the world’s oceans.
Fund size: €20m
Closing: launched in March 2022
Geographical focus: global
Focus: three areas within the Blue Economy: preventing pollution, preservation of marine environments and ecosystems and sustainable marine productivity
Stage: Series A to B
Ticket size: €1m-€2m
Previous investments: Vaccitech, 23andMe(see full portfolio here)
Website: https://futureplanetcapital.com/
How to pitch? Through contacts with strategic partners listed on website
Clean Growth Fund (UK)
The Clean Growth Fund, investing in UK clean technology ventures, closed its first fund with £101m in capital commitments. The Fund targets the UK’s most promising early-stage cleantech companies that are pioneering carbon emission reductions in the areas of power and energy, buildings, industry, transport and waste.
Fund size: £101m
Closing: closed in March 2022
Geographical focus: UK
Focus: cleantech companies pioneering carbon emission reductions in the areas of power and energy, buildings, industry, transport and waste.
Stage: early-stage
Ticket size: £500k — £3m
Previous investments: Sunswap, Piclo (see full portfolio here)
Website: https://www.cleangrowthfund.com/
How to pitch? By reaching out to the team directly or via an Investee form
Shamrock Ventures (NL)
Shamrock Ventures is an Amsterdam-based early-stage impact fund focusing on tech companies that create environmental and social impact.
Fund size: €10m
Closing: launched in March 2022
Geographical focus: Netherlands
Focus: Circular economy (sharing economy / recycling / upcycling); Sustainable mobility (green delivery / cleaner & more efficient mobility); CleanTech (waste prevention & management / carbon capture and storage); and Food & AgriTech (plant based food / sustainable packaging)
Stage: pre-seed and early-seed
Ticket size: €100k-€250k
Previous investments: Nurtio, Tiny Library (see full portfolio here)
Website: https://shamrockventures.nl/
How to pitch? Fill in a Typeform on the website
Climate VC (UK)
Climate VC is a UK-based EIS fund that will invest in over 100 climate tech companies within the next 3 years, across pre-seed and seed. The newly raised fund will take an impact-first investment strategy, looking for net-zero founders that traditional VC too often overlooks.
Fund size: €41m
Closing: launched in March 2022
Geographical focus: UK
Focus: EIS-eligible climate tech companies with a clear path to a material (10MtCO2e/yr) impact on the climate emergency
Stage: seed/pre-seed
Ticket size: £25k — £350k
Previous investments: Tierra Foods, Kita (see portfolio on website)
Website: https://www.climate.vc/
How to pitch? Send a 5-min video pitch via Airtable
Rockstart Energy (NL)
The Amsterdam-based accelerator and fund, Rockstart closed its Energy Fund at €27m exceeding its initial target which will allow the team to further invest in early-stage energy startups with impactful and scalable solutions and co-invest in its energy portfolio companies up to series B.
Fund size: €27m
Closing: closed in March 2022
Geographical focus:
Focus: Renewable energy generation, Low carbon solutions, Mobility
Stage: seed to Series B
Previous investments: Allihop, Circular IQ (see full portfolio on website)
Website: https://rockstart.com/energy/
How to pitch? Submit an application via Typeform
Zero Carbon Capital (UK)
Zero Carbon Capital is an early-stage investor supporting companies on a mission to address climate change through scientific innovation. They are looking for teams with transformative ideas that could scale to reduce greenhouse gas emissions by half a gigaton per year.
Fund size: £30m
Closing: closed in April 2022
Geographical focus: UK
Focus: decarbonisation, climate tech with innovations grounded in the physical sciences
Stage: seed
Ticket size: average check size £200k
Previous investments: Actuation Lab, Biozeroc(see full portfolio on website)
Website: https://www.zerocarbon.capital/
How to pitch? Send your details via a form on the website
Seaya Ventures Andromeda (ES)
Seaya Andromeda is the largest Venture Capital fund focused on sustainability in Southern Europe. They partnered with Iberdrola and Nortia to launch a new sustainability-focused fund, Seaya Andromeda. The fund had a first closing at €130 million and has a target size of €300 million.
Fund size: €300m
Closing: launched in May 2022
Geographical focus: Europe
Focus: GreenTech, Circular Economy, Agritech and Sustainable Food Value Chain
Stage: Series A / Series B / Series C
Ticket size: €7m-€15m
Previous investments: 011h , Seabery (see full portfolio here)
Website: https://seaya.vc/seaya-andromeda/
How to pitch? Send pitch deck via form on website
Ananda Impact Ventures (DE)
Ananda Impact Ventures, based in Munich, is a leading impact venture capital fund with a pan-European investment remit, managing ca. €200 million in four Core Impact Funds, with backing from notable institutional and private investors. Ananda backs technology businesses committed to having a positive impact that answers the most pressing social and ecological challenges of our time, in a way that is both scalable and sustainable.
Fund size: €108m
Closing: final closing in May 2022
Geographical Focus: Europe with a focus on DACH, UK, Benelux and the Nordics
Focus: Redefining Healthcare, Sustainability Transformation, Educational Empowerment, Equitable Humanity
Stage: (Pre)Seed / Pre-Series A / Series A
Ticket size: €0.5m — €3m
Previous investments: Resourcify, Klim (see full portfolio here)
Website: https://ananda.vc/
How to pitch? Submit your pitch via this form (Before you submit your pitch, please make sure you fit the investment criteria.)
Synthesis Capital (UK)
Synthesis Capital is a global food technology and alternative protein investor with operations in UK, US, and Guernsey. They raised over $300m to date to support disruptive and innovative food tech businesses and alternative protein technology startups. Fund I will focus on solving the challenges of the global food system through tech solutions.
Fund size: $300m
Closing: launched in May 2022
Geographical focus: global
Focus: food technology and alternative protein
Stage: growth
Ticket size: average cheque size of $15m
Previous investments: Upside Foods, Perfect Day (see full portfolio here)
Website: https://synthesis.capital/
How to pitch? Reach out via email address on the website
Una Terra (CH)
Una Terra is a venture capital fund, complemented by a venture studio, providing capital, network & support to accelerate the growth and impact of emerging ESG enterprises. The founders are intent on creating the next generation of industry-leading ESG businesses, dedicated to fostering solutions to climate change and biodiversity loss.
Fund size: €200m
Closing: launched in May 2022
Geographical focus: Europe
Focus: clean energy, smart building, smart mobility, sustainable food, circular economy, sustainable finance
Stage: Series A-C
Ticket size: €3m-€5m and up to €10m
Previous investments: Beauty Disrupted, Tumelo (see full portfolio here)
Website: https://unaterra.vc/
How to pitch? Fill in a form on the website and a team member will get in touch with you
Zinc (UK)
Zinc exists to build and scale a brand-new way to solve the most important societal problems faced by the developed world. The London-based venture capital firm Zinc has closed £28m for its latest fund, which will invest in 500 entrepreneurs to build new startups focusing on solving societal problems.
Fund size: £28m
Closing: had a close in May 2022
Geographical focus: UK
Focus: B2B solutions that focus on mental health, the environment, improving the quality of later life and helping people impacted by automation and globalisation
Stage: pre-seed and seed
Ticket size: up to £250,000
Previous investments: Vira Health
Website: https://www.zinc.vc/
How to pitch? Apply for the Venture Builder programme at first. It is highly recommended that interested candidates attend one of their weekly Meet & Greets before applying to learn more about Zinc, what it takes to be a successful Zinc Founder, and have any questions answered by the team — sign up here.
Growth Impact Fund (UK)
The Growth Impact Fund is for organisations that are focused on tackling inequality for marginalised people in the UK through the provision of products, services, training or employment. They announced the launch of its new fund with £10m already committed by investors towards the £25m target fund size. The fund focuses on tackling inequality and promoting racial justice in the UK. It will target companies working on consumer business, employment and training, education and learning, and health and social care.
Fund size: £25m
Closing: launched in June 2022
Geographical focus: UK
Focus: tackling inequality for marginalised people in the UK through the provision of products, services, training or employment, e.g socio-economic disadvantage, racism and exclusion in Black, Asian, or Minority Ethnic communities, gender discrimination, LGBTQIA+ discrimination, place-based deprivation, and disability discrimination.
Stage: seed to Series A
Ticket size: £50,000 and £1,500,000
Previous investments: hey girls…, Fat Macy’s
Website: https://growthimpactfund.org.uk/
How to pitch? By completing this form, and once submitted, a Portfolio Manager will review your investment enquiry.
Innovating Justice Fund (NL)
Dutch impact investor FOUNT and social enterprise HiiL (The Hague Institute for Innovation of Law) have launched the Innovating Justice Fund with a unique focus on SDG 16: equal access to justice for all. The Fund provides funding and support to early-stage companies in emerging markets that provide innovative solutions for people-centred justice.
Fund size: €10m
Closing: launched in June 2022
Geographical focus: global
Focus: startups that focus on SDG 16 to deliver access to justice for all
Stage: seed to Series A
Ticket size: €250k — €1m
Website: https://www.hiil.org/innovating-justice-fund/ & more info on Infosheet
How to pitch? Reach out via contacts on the website (scroll to the end of the page)
Faber (PT)
Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. In June they launched a new deep tech fund, Faber Blue Pioneers I dedicated to ocean sustainability and climate action innovation with a total of €32m, exceeding its initial target.
Fund size: €32m
Closing: closed in June 2022
Geographical focus: UK
Focus: ocean sustainability and climate action (with deep tech focus)
Stage: pre-seed and Series A
Ticket size: €100k to €1,5m
Previous investments: Fuelsave, MicroHarvest, 1S1 Energy
Website: https://www.faber.vc/
How to pitch? Reach out via email by sending a clear description of your business idea and current progress
Green Generation Fund (DE)
The Green Generation Fund is a Berlin-based early stage investor in disruptive technologies at seed stages to enable breakthroughs in food tech and green tech across Europe and the US.
Fund size: €100m
Closing: closed in June 2022
Geographical focus: EU, US
Focus: foodtech, health and personal care and greentech sectors
Stage: Pre-Seed, Seed and Series A
Previous investments: Biomilq, Neggst, Change Foods (see full portfolio here)
Website: https://www.greengenerationfund.com/
How to pitch? Reach out via email on the website
Mutuelles Impact (FR)
Mutuelles impact is the initiative of the Mutualité Française, financed by 64 mutuals and by 3 public players: the Eurometropolis of Strasbourg, the Banque des Territoires and e-Meuse health. This fund aims to support companies with a strong social and environmental impact in the health, prevention and medico-social sectors.
Fund size: €80m
Closing: second closing in June 2022
Geographical focus: France
Focus: healthtech, medtech, femtech, silver economy & handitech, wellness, environmental health, health education
Stage: Seed to Series A with a follow-on in Series B
Ticket size: €500k and €4m
Previous investments: Colette, Ergo Health, Wandercraft, Destia (see full portfolio here)
Website: https://www.mutuellesimpact.fr/
How to pitch? Send pitch deck via email on the website
Sandwater (NO)
Sandwater is a newly established venture fund that invests in growth companies with solutions that address some of our most important future challenges, together with dedicated founders and good teams. Their new NOK 650m fund will make sustainable, early-stage investments in resource efficiency, health, and climate technology in the Nordics.
Fund size: NOK 650m
Closing: closed in June 2022
Geographical focus: Nordics
Focus: resource efficiency, health, and climate technology
Stage: Series A-B
Ticket size: The average size of first-time investment is about 25MNOK (€2,5m).
Previous investments: Evyon’s mission is to maximize the lifetime value of every battery to contribute to a fully renewable future; NoFence is the world’s first virtual fence for livestock (see full portfolio here)
Website: https://sandwater.com/
How to pitch? Contact them via website (check investment criteria here)
Kiko Ventures (UK)
Kiko Ventures, a London-based evergreen cleantech venture investor launched a $450m (£375m) platform to invest in the next generation of climate tech visionaries and create new possibilities for a regenerative future.
Fund size: £375m
Closing: launched in June 2022
Geographical focus: Europe
Focus: cleantech, climate tech
Stage: all stages
Previous investments: Ceres Power, First Light Fusion (see full portfolio here)
Website: https://kiko.vc/
How to pitch? Contact via email on website
AENU (DE)
AENU is a Berlin-based fund that invests multi-stage in climate tech and social impact in Europe and the US. Their new evergreen impact fund has an initial volume of €100m and aims to manage over €500m in fund capital by 2026. It focuses on stage-agnostic long-term investments in impact-driven companies based in the EU and the US, that solve the climate crisis and advance social equality.
Fund size: €100m
Closing: launched in July 2022
Geographical focus: Europe
Focus: climate tech, social equality (technologies that have the potential to avoid or remove 100 Mt CO2e at scale or significantly improve the quality of life of millions of people)
Stage: seed to Series A
Ticket size: €500k up to €5m
Previous investments: Heirloom, Labster (see full portfolio here)
Website: https://www.aenu.com/
How to pitch? Send pitch deck via Typeform keeping in mind that they can only consider applications from companies that meet their impact threshold (technology at scale: 100Mt CO2e abatement potential OR significant improvement of the wellbeing of 10M people)
Climentum (DK)
Climentum Capital, a new venture capital company with offices in Copenhagen, Berlin and Stockholm, has launched its first fund seeking to raise €150m to invest in cutting-edge climate technology.
Fund size: €150m
Closing: launched in July 2022
Geographical focus: Europe
Focus: nextgen renewables, food & agriculture, industry & manufacturing, buildings & architecture, transport & mobility, and waste & materials
Stage: Seed+ & Series A
Ticket size: €1m-€5m
Previous investments: Continuum, one.five, Wayout (see full portfolio here)
Website: https://www.climentum.com/
How to pitch? Send pitch deck via Typeform on website
Unconventional Ventures (DK)
Unconventional Ventures invests in impact tech companies in the pre-seed and seed stage led by diverse founders identifying as women, people of colour, immigrants and/or LGBTQ+, building scalable impact tech companies in the Nordics and beyond.
Fund size: €30m
Closing: closed in July 2022
Geographical focus: Nordics and Europe
Focus: agnostic with a preference for climate and environment, health and femtech, education, financial inclusion & founded by diverse founding teams
Stage: pre-seed and seed
Previous investments: LEIA Health (see full portfolio here)
Website: https://www.unconventional.vc/
How to pitch? Submit your pitch deck via typeform (see investment criteria here)
Rockstart Emerging Tech (NL)
Rockstart, a global early-stage investor and accelerator based in the Netherlands, announced the launch of its third fund, Rockstart Emerging Tech will support founders with unique insights into cutting-edge technologies and the ability to develop solutions for universal problems.
Fund size: €30m
Closing: closed in Sept 2022
Geographical focus: Europe
Focus: Industry 4.0 & Advanced Analytics, Smart Societies, Digital Health, Data Privacy/Security, and other general applications proposing solutions for positive change.
Stage: seed to Series A + co-investment in Series B
Previous investments: Hubs, PastBook, Owlin, iClinic, Wonderflow (see full portfolio here)
Website: https://rockstart.com/emerging-tech/
How to pitch? Apply via Typeform
Energy Impact Partners (UK)
Energy Impact Partners, a global venture capital firm supporting the transition to a sustainable future, announced its first global expansion with the launch of its European Fund, targeting mission-driven companies advancing the net zero carbon economy. EIP has €390m to deploy in European investments to accelerate the growth of innovative technologies which have the potential to drive the transition towards net zero including high-impact European tech companies that contribute to safer, more flexible and cleaner energy sources.
Fund size: €390m
Closing: launched in Sept 2022
Geographical focus: Europe
Focus: mission-driven companies with established products, markets and customers across the full spectrum of the energy transition, this includes high impact European tech companies that contribute to safer, more flexible and cleaner energy sources
Stage: venture and growth
Ticket size: €10m-€35m
Previous investments: Zolar, Greenly, ESG Book (see full portfolio here)
Website: https://www.energyimpactpartners.com/portfolio1/europe/
How to pitch? Send pitch deck via Airtable
Capagro Agri-Food Innovation Fund II (FR)
Capagro is a European independent venture capital fund dedicated to impactful and innovative AgTech & FoodTech startups. They invest across the whole value chain, from farm to fork, to accelerate the development of those companies and help them change the world for the better.
Fund size: €200m
Closing: launched in Sept 2022
Geographical focus: predominantly Europe
Focus: AgTech and FoodTech (bio-intrants, robotics, specialty ingredients, innovative packaging, alternative proteins, personalized nutrition, new distribution channels and promising emerging sectors, such as “carbon farming”)
Stage: Series A
Ticket size: €2m-€6m
Previous investments: Cuure, CleanGreens, Naïo Technologies (see full portfolio here)
Website: https://capagro.fr/
How to pitch? Send pitch deck via form on website
Fund F (AT)
Fund F is a Vienna-based venture fund that backs gender-diverse founder teams. They announced the first close of its €20m fund at €12.5m to back gender-diverse founder teams in Europe. It is a sector-agnostic fund, that specialises in industries that directly contribute to the progress of humanity. Fund F is part of the Female Founders ecosystem.
Fund size: €20m
Closing: first close in Oct 2022
Geographical focus: Europe
Focus: ClimateTech, FemTech & HealthTech, FinTech & InsurTech and HR Tech
Stage: pre-seed, seed
Ticket size: €100k-€400k
Website: https://fund-f.com/
How to pitch? Send pitch via a dedicated email address
Ada Ventures (UK)
Ada Ventures, a UK-based early-stage VC that invests in entrepreneurs with breakthrough ideas solving society’s biggest challenges closed their second fund at £36 million. Ada Ventures Fund II will focus on climate, healthcare and ageing, and economic empowerment.
Fund size: £36m
Closing: closed in Oct 2022
Geographical focus: UK
Focus: climate, healthcare and ageing, and economic empowerment
Stage: pre-Series A
Ticket size: £250,000-£500,000
Previous investments: Huboo, Organise, Bubble (see full portfolio here)
Website: https://www.adaventures.com/
How to pitch? Send pitch deck via Typeform (UK-based; post-product, pre-revenue phase)
JUNCTION (BE)
Junction Growth Investors is a long-term, sustainable investment fund (art 9, SFDR) focussed on non-listed European SMEs and scale-ups that play a crucial role in the energy transition.
Fund size: €125m
Closing: first close in Sept 2022
Geographical focus: Europe
Focus: greentech, energy
Stage: growth (Series A-B)
Ticket size: €2m-€15m (sweet spot is investment tickets between €5m and €10m, within a broader range going from €2m up to €15m)
Previous investments: Hysopt, Haulogy
Website: https://junctiongrowthinvestors.com/
How to pitch? Fill in a form on website to check ‘the fit’ (scroll to the end of the page)
Satgana (LU)
Satgana is a next-generation climate tech venture capital firm on a mission to invest in the Future of Earth. They invest €50k to €300k in Pre-Seed / Seed funding rounds, as a Lead or Co-Investor, along with hands-on operational resources. They are looking for purpose-driven founders tackling the biggest environmental challenges of our time (e.g. climate change, biosphere habitat destruction, resources depletion, plastic and other waste, etc).
Fund size: €30m
Closing: first close in Oct 2022
Geographical focus: Europe and Africa
Focus: climate tech (transportation, food & agriculture, energy, industry & buildings, carbon removal, circular economy)
Stage: pre-seed & seed
Ticket size: €50k to €300k
Previous investments: Mazi Mobility, Orbio Earth, Yeasty
Website: https://www.satgana.com/
How to pitch? Send an application via a detailed form + pitch deck attached
Lightrock (UK)
Lightrock is a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges. Lightrock invests in companies that pursue scalable and tech-driven business models around the key impact themes of people, planet, and productivity/tech for good.
Fund size: €860m
Closing: closed in Oct 2022
Geographical focus: Europe, North America
Focus: climate tech, net zero emissions
Stage: growth (from Series B)
Ticket size: €10-€40m
Previous investments: African neobank 4G Capital; urban farming company InFarm (see full portfolio here)
Website: https://www.lightrock.com/
How to pitch? Try finding a warm lead or reach out cold via website contact form
SISTAFUND (FR)
SISTAFUND is a pan-European VC fund backing female founders and gender-balanced teams, building companies that challenge the status quo. With a target of €100 million, SISTAFUND I will be deployed from pre-seed to Series A, with entry tickets ranging from €250k to €3m, mainly in France and Europe, with some investments in the U.S.
Fund size: €100m
Closing: launched in Oct 2022
Geographical focus: France and Europe
Focus: gender diverse teams
Stage: pre-seed to Series A
Ticket size: €250k to €3m
Previous investments: The Exploration Company (spacetech)
Website: https://sistafund.eu/
How to pitch? Send pitch deck via Typeform
(the process is the following:
1. You submit your deck and answer a few questions via this form
2. The SISTAFUND Team will review your application within 2 weeks
3. You will get an email to deep dive or letting you know it is not a match)
Human Impact Capital (DE)
Human Impact Capital is a specialized early-stage social impact VC fund with a clear focus on digital, innovative solutions aiming to improve the well-being of individuals. The fund invests in startups developing solutions to society’s biggest challenges. The Fund is managed by experienced venture capitalists from Redstone and EnjoyVenture.
Fund size: €50m
Closing: launched in Oct 2022
Geographical focus: Europe
Focus: startups with a clear social impact in the areas of Health, EdTech and Living
Stage: seed, Series A
Ticket size: €500,000 and €1.5m
Website: https://en.humanimpactcapital.vc/
How to pitch? Reach out to fund managers, Redstone and EnjoyVenture
Nesta Impact Investments (UK)
Nesta Impact Investments, the investment arm of UK social innovation agency Nesta, has announced a new £50m investment strategy to support early-stage technology businesses that deliver strong social and environmental impact.
Fund size: £50m
Closing: they closed the fund in Nov 2022
Geographical focus: Europe
Focus: social and environmental impact with a focus on edtech, foodtech, healthtech, climate tech, the future of work and productivity
Stage: Seed to Series A
Ticket size: £500k and £1m
Previous investments: Bibliu, Skin Analytics (see full portfolio here)
Website: https://nestainvestments.org.uk/nesta-impact-investments-2/
How to pitch? Apply via a form on the website
Shift4Good (FR)
Shift4Good is a venture capital fund manager dedicated to impact investing in smart mobility & circular economy startups. With teams based in both Paris and Singapore, they mostly focus on European and Southeast Asian opportunities.
Fund size: €300m
Closing: launched in Nov 2022
Geographical focus: Europe and South East Asia
Focus: smart mobility & circular economy
Stage: Series A and Series B
Ticket size: $4m-$20m
Previous investments: Eyelights, Compredict (see all previously backed companies here)
Website: https://www.shift4good.com/about/
How to pitch? Contact via a dedicated email address
Backing Minds (SE)
Women-led, Sweden-based BackingMinds raised a new €50 million fund to take a different approach to venture capital and invest in companies with overlooked founders. They will invest between €500,000 to €3,000,000 on initial investments across Europe, except for the UK.
Fund size: €50m
Closing: they closed the fund in Nov 2022
Geographical Focus: across Europe, except for the UK
Focus: overlooked founders, companies with high potential outside of Europe’s capital cities
Stage: Seed to Series A
Ticket size: between €500,000 and €3,000,000
Previous investments: Brain Stimulation, CemVision, Skrym (see full portfolio here)
Website: https://www.backingminds.com/#
How to pitch? Send pitch deck in an email or via a chat bot
Impact Expansion (BE & FR)
Impact Expansion is an independent fund manager that focuses on companies with high growth potential and strong impact, increasing access and quality of services while lowering the environmental footprint. They announced a first closing above €50m, with the objective of reaching €120m in 2023 for its Fund.
Fund size: €120m
Closing: first closing above €50m in Nov 2022
Geographical Focus: Belgium, France
Focus: environment, employment and health sectors
Stage: profitable SMEs looking for €5m to €20m of capital
Previous investments: SomniPlanet, Auticon (see full portfolio here)
Website: https://www.impact-expansion.com/
How to pitch? Send email via the website or reach out on Linkedin
Jenson Funding Partners (UK)
Jenson Funding Partners, the UK-based early-stage venture capital investor, has launched a new fund, Aurora I, for pre-seed-to-Series A stage companies developing innovative solutions that make the transition to Net Zero accessible to all.
Fund size: £60m
Closing: launched in Dec 2022
Geographical focus: UK
Focus: green transition
Stage: pre-seed-to-Series A
Ticket size: SEIS — up to £150,000 per company; EIS — up to £5 million per company
Previous investments: The Seam, TreeApp (see full portfolio here)
Website: https://jensonfundingpartners.com/
How to pitch? They support SEIS and EIS-compliant companies via a well-defined process detailed on their website
Disclaimer: The above article is for informational purposes only and is not a marketing activity for any of the funds mentioned. All information listed is in the public domain.
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