New Impact Funds in Europe in 2023
For over 2 years 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.
In this article, we assembled the ones that had a closing in 2023, 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.
Crowberry Capital (IS)
Crowberry Capital, an Iceland-based fund with three female founding partners, closed its second fund of €90m+ to invest in startups all over the Nordics.
Fund size: €90m
Closing: closed in Jan 2023
Geographical focus: Nordics
Focus: emerging tech with diverse founders
Stage: seed and early stage
Ticket size: up to $2m
Website: https://www.crowberrycapital.com/
How to pitch? Open to receiving pitch decks via contact email on website
Flight Story Fund (UK)
Flight Story Fund is a $100 million VC fund dedicated to advancing early-stage companies with a primary focus on supporting underrepresented founders in Europe.
Fund size: $100m
Closing: launched in Jan 2023
Geographical focus: Europe
Focus: underrepresented founders building Blockchain, Biotech, Health & Wellbeing, Commerce, Technology and Space businesses
Stage: seed to Series A
Ticket size: $1m to $10m
Website: https://flightstory.fund/
How to pitch? Fill in ‘Pitch for investment’ form
Planet A (DE)
Planet A is a venture capital fund partnering with European green tech start-ups that have a significant positive impact on our planet while building scalable businesses globally. Some sectors Planet A will look at will include agriculture, forestry and food; construction and real estate; energy and heat; manufacturing; transport and mobility; water, waste and remediation.
Fund size: €160m
Closing: Launched in Febr 2023
Geographical focus: Europe
Focus: agriculture, forestry and food; construction and real estate; energy and heat; manufacturing; transport and mobility; water, waste and remediation
Stage: Seed to Series A
Ticket size: €0.5 million-€3 million
Website: https://planet-a.com/
How to pitch? Typeform
DeepTech & Climate Fonds (DTCF) (DE)
The DeepTech & Climate Fonds (DTCF) is a new investment fund active in the field of ground-breaking technology (deep tech), financed with funds from the “Zukunftsfonds” and the ERP Special Fund.
Fund size: €1bn
Closing: Launched in Febr 2023
Geographical focus: Europe
Focus: industry 4.0/IoT, robotics, AI, quantum computing, blockchain and process automation, to companies with a tech-based business model from sectors such as digital health, new energy, fintech, smart cities and certain areas of the biotech industry.
Stage: growth
Ticket size: EUR 30 million per company
Website: https://dtcf.de/en/
How to pitch? online form: https://dtcf.de/en/send-us-your-investment-enquiry/
Counteract (UK)
Counteract is a carbon removal company combating the climate crisis through research, development and investment. They have announced the first close of a £35m fund to support entrepreneurs removing billions of tonnes of excess CO2 from our atmosphere.
Fund size: £35m
Closing: Launched in Febr 2023
Geographical focus:
Focus: CO2 removal
Stage: seed
Website: https://counteract.vc/
How to pitch? contact form: https://counteract.vc/contact
Macmillan Innovation Impact (UK)
UK-based Macmillan Cancer Support’s new fund will invest in startups developing cancer care products and technology. The Macmillan Innovation Impact Portfolio is a new way for the charity to invest £3.5million over the next 2 years in start-up businesses that are developing ground breaking cancer care products and technology.
Fund size: £3.5m
Closing: Launched in Febr 2023
Geographical focus: Europe
Focus: cancer research
Stage: seed
Ticket size: £100k
Website: https://www.macmillan.org.uk/donate/philanthropy/making-a-personal-major-gift/innovation-impact-fund
How to pitch? Email them via contact on website
Start Green Capital (NL)
StartGreen Capital announced its new fund, the StartGreen Transition Fund focusing on accelerating the Dutch energy transition by financing regional energy projects. The fund, which aims for a size of 200 million euros, is now open to investors.
Fund size: €200m
Closing: Launched in Febr 2023
Geographical focus: Netherlands
Focus: regional energy projects, energy, circular economy
Website: https://www.startgreen.nl/
How to pitch? Apply via form on website
Rivage Investment (FR)
Rivage Investment has launched Euclides, an impact fund that will mainly provide growth debt to SMEs specialising in innovative climate solutions across Europe. The European Investment Fund, backed by the InvestEU programme of Covid-19 recovery financing, is a cornerstone investor in the fund with €30m committed. Euclides targets a €250m final size.
Fund size: €250m
Closing: Launched in Febr 2023
Geographical focus: Europe
Focus: climate solutions with a focus on decarbonization of energy and industry, deployment of clean mobility solutions, and transitioning toward a more GHG-efficient and circular economy
Stage: growth
Ticket size: €3m-€20m
Website: https://www.rivageinvestment.com/en/strategies/european-climate-debt-solutions/
How to pitch? Contact them via email address on website
ABN Amro Sustainable Impact Fund (NL)
ABN Amro’s Sustainable Impact Fund has raised €500m to invest in mature companies with a proven business model, as well as in young companies with a proven concept. The fund focuses on companies accelerating the transition in the energy, circular and social impact pillars.
Fund size: €500m
Closing: Launched in March 2023
Geographical focus: Europe
Focus: energy, circular and social impact
Stage: Series A to growth
Ticket size: €500,000 to €30m
Website: https://www.abnamro.nl/en/commercialbanking/corporates-institutionals/products/expand-your-business/private-equity/sustainable-impact-fund/index.html
How to pitch? Contact them via email address on website
PurposeTech (CZ)
PurposeTech is a pre-seed fund that supports purpose-driven technology startups in the #CEE 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 Network — 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
Stage: pre-seed
Ticket size: 100k
Website: https://www.purposetech.vc/
How to pitch? Reach out via email on website
Future Food Fund (NL)
The Dutch environmental impact investor, Future Food Fund has announced the first closing of its second fund at €20m and is expecting a second and final close at €50m in the summer of 2023. Impact-driven entrepreneurs, family-offices as well as renowned institutions such as Wageningen University & Research and regional development agencies Oost NL and NOM, participate in the fund, which has already completed 3 investments.
Fund size: €50m
Closing: Launched in March 2023
Geographical focus: Western Europe
Focus: food & agriculture
Stage: Seed & Series A
Website: https://futurefoodfund.nl/
How to pitch? Contact them via email address on website
SWEN Capital Partners (FR)
SWEN Capital Partners, a leading player in responsible investment in unlisted assets in Europe, has announced the close of its Blue Ocean Fund at €170m. The fund invests in startups working across sustainable aquaculture, ocean data, plant and cell-based seafood, alternatives to single-use plastic, renewable marine energies and decarbonisation of maritime transport.
Fund size: €170m
Closing: Launched in March 2023
Geographical focus: Europe
Focus: bluetech — over-fishing, pollution, and climate change
Website: https://www.blueoceanspartners.com/
How to pitch? Contact them via email address on website
No Label Ventures (UK)
No Label Ventures is a European VC fund dedicated to supporting immigrant founders in building exceptional companies. Their distinctive approach to tackling visa issues for founders enables them to tap into an overlooked market segment that traditional VCs tend to ignore.
Fund size: $15m
Closing: Launched in March 2023
Geographical focus: Europe
Focus: agnostic, at least one founder with a migration background
Stage: pre-seed, seed
Ticket size: $150–250,000
Website: https://nolabel.ventures/
How to pitch? Submit pitch deck via form
4impact (NL)
Dutch 4impact capital has launched its second venture capital fund committed to supporting Europe’s most ambitious early-stage digital tech4good ventures. 4impact invests in exceptional entrepreneurs in the Seed to Series A phase for the initial investments across Europe with a focus on the BeNeLux, the Nordics and the German speaking region. The first close has been completed with a target fund size of €100 million.
Fund size: €100m
Closing: Launched in April 2023
Geographical focus: Benelux, Nordics & DACH
Focus: digital tech4good, scalable software solutions
Stage: Seed to Series A
Website: http://www.4impact.vc/
How to pitch? Contact them via form on website
Bootstrap Europe (CH)
Bootstrap Europe, a Swiss venture debt firm, closed its third fund of €130m to support sustainability startups building SaaS (70%) or hardware solutions. Their loans range between €1m-15m over a period of three to four years. It lends to Series A startups and particularly in the DACH region, France and the UK.
Fund size: €130m
Closing: Launched in April 2023
Geographical focus: DACH region, France and the UK
Focus: sustainability startups building SaaS or hardware solutions
Stage: Series A-growth
Ticket size: €1m-15m
Website: https://bootstrap-europe.com/
How to pitch? Contact them via email on website
Kindred Capital (UK)
Kindred Capital, an equitable venture fund, announced its third, $130m fund to focus on pre-seed deals. The firm will invest across Europe in both seed and pre-seed deals spanning a diverse set of sectors and industries. They run their fund in a new model for VC where every founder they back becomes a co-owner of the fund.
Fund size: $130m
Closing: Launched in April 2023
Geographical focus: Europe
Focus: technical and societal challenges
Stage: pre-seed to seed
Website: https://kindredcapital.vc/
How to pitch? Contact them via email on website after checking the investment criteria FAQ
Pymwymic (NL)
Pymwymic announced three major institutional investors — Invest-NL, Oost NL and Invest International — joining its Healthy Food Systems Impact Fund II to support AgriFood startups that use innovative technologies to contribute to making the food chain more sustainable. The joint investment of €20m brings the fund to its second close of €48m; it is expected to reach a final close of €60m later this year.
Fund size: €60m
Closing: Launched in April 2023
Geographical focus: Global, with a focus on European HQs
Focus: agrifood
Stage: early to growth
Ticket size: €750,000 to €5,000,000
Website: https://pymwymic.com/
How to pitch? Submit your company via form
Convent Capital (NL)
Convent Capital, has just announced the successful second close of its AgriFood Growth Fund at €100m. The fund focuses on investing in innovative and sustainable food and agriculture businesses across Europe.
Fund size: €100m
Closing: Launched in April 2023
Geographical focus: Europe (OECD countries)
Focus: foodtech, agritech
Stage: growth
Ticket size: up to €15m in total per company
Website: https://conventcapital.nl/
How to pitch? Contact them via email on website
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 2023
Geographical focus: UK & continental Europe
Focus: decarbonisation, climate tech with innovations grounded in the physical sciences
Stage: pre-seed and seed
Website: https://www.zerocarbon.capital/
How to pitch? Send your details via a form on the website
Pale Blue Dot (SE)
Pale Blue Dot is a seed-stage venture fund focusing on companies that, with scalable technologies, reduce and reverse the damages humanity has done and is doing to the climate and prepare us for the new world. This year they announced the close of its second fund at €93 million. They invest primarily in European and US-based food and agtech, industry, mobility, and fintech startups at the pre-seed and seed stage with an average ticket size ranging from €500,000–2 million.
Fund size: €93m
Closing: Launched in May 2023
Geographical focus: Europe & US
Focus: climate tech, food and agtech, industry, mobility, and fintech
Stage: pre-seed, seed
Ticket size: €500,000 — €2m
Website: https://paleblue.vc/
How to pitch? Submit your company via form
Black Seed Ventures (UK)
Brixton-based Black Seed announced the first close at £5 million for its inaugural £10 million fund to invest in Black British founders. Black Seed is the first seed fund in Europe investing only in Black founders, led by Black investors.
Fund size: £10m
Closing: Launched in June 2023
Geographical focus: UK
Focus: agnostic, but deep tech, health care and AI are of particular interest
Stage: pre-seed
Website: https://www.blackseed.ventures/
How to pitch? Submit via Airtable form
Voima Ventures (FI)
Voima Ventures invests in companies tackling pressing global challenges with science-driven entrepreneurship. They announced the first closing of a new €90 million fund to support Nordic and Baltic early-stage deep tech companies with globally scalable solutions, with the initial investment ticket size ranging from €200k to €3 million and beyond.
Fund size: €90m
Closing: Launched in June 2023
Geographical focus: Nordic and Baltic
Focus: deep tech solutions tackling pressing global challenges with science-driven entrepreneurship, solutions that accelerate global green transformation, cutting-edge life science and health technologies
Stage: seed to Series A
Ticket size: €200k to €3m
Website: https://voimaventures.com/
How to pitch? Contact them via email on website
Impact Bridge Asset Management (ES)
Impact Bridge Asset Management SGIIC, a Spanish asset management company devoted exclusively to quality impact investments that generate authentic, intentional, and measurable impact, launched the largest impact fund in Spain to finance high social impact projects in areas such as inclusion, rural development, climate and environment, and gender equality.
Fund size: €150m
Closing: Launched in June 2023
Geographical focus: Spain & Portugal
Focus: high social impact projects in areas such as inclusion, rural development, climate and environment, and gender equality.
Website: https://www.impactbridge.com/en/home
How to pitch? Contact form on website
Ring Capital (FR)
French impact investor, Ring Capital announced the close of its Ring Mission impact fund at €66 million and will support startups developing solutions to tackle climate and social challenges with ticket sizes between €500,000 and €5 million.
Fund size: €66m
Closing: Launched in June 2023
Geographical focus: Global
Focus: climate and social challenges
Stage: seed-Series A
Ticket size: €500,000 and €5m
Website: https://www.ringcp.com/ring-mission
How to pitch? Contact via Typeform
NLC Health Impact Fund (NL)
The NLC Health Impact Fund is the latest and largest fund of NLC to date, established to drive investments in early-stage innovations in healthcare. Following its first close against the €100m target, the Fund will deploy capital towards the first 40 ventures of varied maturity levels, providing initial and follow-on funding.
Fund size: €100m
Closing: Launched in June 2023
Geographical focus: Europe
Focus: medtech, biotech, green health and digital health
Stage: varied maturity levels
Website: https://nlc.health/
How to pitch? Contact them via email on website
Just Climate (UK)
Just Climate, a London-based fund established by Generation Investment Management has raised $1.5bn to invest in climate tech. The Fund will be part of Just Climate’s industrial climate solutions focus and will pursue investments in growth-stage, asset-heavy companies globally which have the potential to deliver transformational climate impact across some of the highest-emitting, hard-to-abate industries — including energy, mobility, industry and buildings.
Fund size: $1.5bn
Closing: announced in June 2023
Geographical focus: Europe
Focus: climate tech with a focus on energy, mobility, industry and buildings
Stage: growth
Website: https://www.justclimate.com/
How to pitch? Contact via form on website
Caesar Ventures (DE)
Caesar is a venture capital fund based in Munich, Germany investing in companies with the potential to improve our society, our planet, and people’s lives. With a focus on closing the funding gap at pre-seed rounds in the DACH region, Caesar Ventures announced the first closing of its €80 million fund.
Fund size: €80m
Closing: announced in June 2023
Geographical focus: DACH region
Focus: DeepTech, GreenTech, Digital Health, FinTech
Stage: pre-seed, seed
Ticket size: €200–800k
Website: https://www.caesar.vc/
How to pitch? Send pitch deck via email on website
Impact Expansion (BE)
Belgium-based impact investor Impact Expansion announced the second closing of Impact Expansion Fund I above €100 million, with the objective of reaching €120–150 million by Q1 2024. They aim to support profitable SMEs looking to increase their impact in the areas of environment, education, skills and health and deploy capital in ticket sizes between €5m to €20m.
Fund size: €150m
Closing: Launched in July 2023
Geographical focus: Western Europe with a focus on the Benelux and France
Focus: environment, skilling & education, and healthcare sectors
Stage: growth
Ticket size: €5m to €20m
Website: https://www.impact-expansion.com/
How to pitch? Contact them via email on website
Octopus Ventures (UK)
Octopus Investments (Octopus), part of the Octopus Group, announced the launch of a new Pre-Seed Deep Tech Fund targeting a fundraise of £40m. The fund is designed to give the most promising deep tech founders on the journey to building a sustainable planet the capital and skills they need to take breakthrough technologies to market. The fund will invest in technology emerging from the UK and Europe’s most forward-looking research centres and university hubs that is essential for establishing a sustainable planet. These technologies include the likes of quantum solutions, photonics and electronics, advanced materials, robotics, agtech, and artificial intelligence.
Fund size: £40m
Closing: Launched in July 2023
Geographical focus: UK and Europe’s most forward-looking research centres and university hubs
Focus: deeptech solutions addressing sustainability challenges
Stage: pre-seed
Website: https://octopusgroup.com/
How to pitch? Via phone, numbers are listed on website
Infinity Recycling (NL)
Infinity Recycling, a growth capital firm investing in advanced plastics recycling technologies, announced the new closing of its Circular Plastics Fund I, achieving €105.3 million in committed capital. The fund supports companies with scalable technologies that need financing for the industrial and commercial scale-up of their operations. The Circular Plastics Fund has a target size of €150 million.
Fund size: €150m
Closing: announced in Aug 2023
Geographical focus: Europe
Focus: companies developing new processes for the advanced recycling of plastics
Website: https://infinity-recycling.com/home
How to pitch? Contact via form on website
Greencode Ventures (FI)
Greencode Ventures is a pan-European VC firm specialising in green transition with rapidly scaling digital solutions that create impact within this decade. Greencode started in 2023 and is based in Finland, Germany and Sweden. They announced the successful first close of the new fund of €40 million.
Fund size: €40m
Closing: announced in Aug 2023
Geographical focus: Europe
Focus: green transition — green energy, green mobility, green industries, green cities
Stage: Seed to Series A
Website: https://greencode.vc/
How to pitch? Contact via email on website
Tilia Impact Ventures (CZ)
Tilia Impact Ventures, a leading Czech seed-stage impact investor, raised €26 million for the first closing of its €32m second fund. This milestone marks a major step towards supporting visionary founders in Central and Eastern Europe dedicated to solving pressing environmental and social challenges.
Fund size: €32m
Closing: Launched in Sept 2023
Geographical focus: CEE
Focus: Impact-driven project in climate, education, healthcare or social inclusion. Impact is an inherent part of the business model
Stage: seed
Ticket size: €300k — €1.5m initial ticket
Website: https://tilia.vc/
How to pitch? Reach out and send your deck via Airtable
Big Issue Invest (UK)
Big Issue Invest has launched its fourth Social Impact Debt Fund, which is set to provide loans ranging from £1 million to £4 million to established social enterprises and charities in the UK focused on addressing poverty. The initial close of the Social Impact Debt Fund IV has reached £20 million, and it has the potential to grow to a maximum size of £100 million.
Fund size: £100m
Closing: Launched in Sept 2023
Geographical focus: UK
Focus: Health and Social Care, Affordable Housing and Homelessness, Community and Social Infrastructure
Ticket size: loan size between £1m and £4m
Website: https://www.bigissue.com/invest/
How to pitch? Submit application form
Astanor (BE)
Astanor Ventures, a global leader in agrifood tech impact investing, successfully closed its second venture fund at €360 million. Building upon the success of its first venture fund, Astanor remains committed to its core investment strategy of supporting early-stage and mission-driven companies that have identified a social or environmental issue and have developed a nature positive solution to resolve it.
Fund size: €360m
Closing: Launched in Sept 2023
Geographical focus: Europe
Focus: agrifood, bioeconomy
Stage: early stage
Website: https://astanor.com/
How to pitch? Submit contact form
Unconventional Ventures (DK)
Unconventional Ventures announced the second close of their €30m fund dedicated to investing in diverse founding teams and founders who are driving change in the world through impact technology. Unconventional Ventures invests across the Nordics in healthtech, women’s health, diversity tech, sustainable fashion, food tech and fintech.
Fund size: €30m
Closing: Launched in Sept 2023
Geographical focus: Nordic countries & Europe
Focus: diverse founding teams, building healthtech, women’s health, diversity tech, sustainable fashion, food tech and fintech solutions
Stage: Pre-seed and seed stage
Website: https://www.unconventional.vc/
How to pitch? Submit your deck via Typeform
World Fund (DE)
World Fund, a leading European climate VC fund, secured more than €50m from KfW Capital, Ignitis Group and a leading German reinsurance company. World Fund is committed to funding disruptive startups that are building technologies with the potential to decarbonise entire industries.
Fund size: €350m
Closing: announced in Sept 2023
Geographical focus: Europe
Focus: climate tech with focus areas Energy, Food and Agriculture, Manufacturing, Buildings, and Mobility
Stage: early to growth stage
Website: https://www.worldfund.vc/
How to pitch? Submit via Typeform
Founders Future (FR)
Founders Future, a French investment firm, has launched its second fund after securing €75 million for the first close. They target €150 million by the end of 2024. Up to 60% of the money will be put towards new investments in climate and AI startups at pre-seed to Series A. The remaining 40% will be follow on investments in existing portfolio companies at Series B to pre-IPO.
Fund size: €150m
Closing: announced in Sept 2023
Geographical focus: Europe
Focus: climate tech, AI
Stage: pre-seed to Series A
Ticket size: initial €250k-3m — follow on €1m-7.5m
Website: https://foundersfuture.com/
How to pitch? Submit via Typeform
EIT InnoEnergy (NL)
EIT InnoEnergy, the leading innovation engine in sustainable energy, announced the successful completion of its private placement round of over €140 million of equity. The proceeds will be used for increasing new deal flow, accompanying the current 200 portfolio companies in their growth, accelerating the successful launch of new industrial champions such as InnoEnergy company builders capturing the opportunities created by new regulatory frameworks, and boosting the expansion in the US.
Fund size: €140m
Closing: announced in Sept 2023
Geographical focus: Europe
Focus: cleantech
Stage: early stage
Website: https://www.innoenergy.com/
How to pitch? Submit via application form
Blume Equity (UK)
Blume Equity is a climate-tech growth investor transforming the health of the planet and people. They invest thematically with an impact lens in disruptive European scale-ups, partnering with businesses that are solving the climate emergency. In September, they announced that the European Investment Fund (EIF) invested €40 million into the fund, one of the largest investments into a first-time growth stage fund by EIF.
Funding size: unknown
Closing: announced in Sept 2023
Geographical focus: Europe
Focus: climate tech
Stage: growth
Ticket size: €10m-25m
Website: https://blumeequity.com/
How to pitch? Contact via email on website
Sofinnova Partners (FR)
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London, and Milan, announced the successful close of Sofinnova Digital Medicine I at €190m. The fund is dedicated to backing pioneering entrepreneurs navigating the convergence of biology, data, and computation. It provides entrepreneurs with financial backing, expertise, and deeply-rooted healthcare networks, empowering them to address global healthcare challenges and enhance patient outcomes worldwide.
Fund size: €190m
Closing: announced in Oct 2023
Geographical focus: Europe
Focus: medtech with a focus on enabling technologies, analytics, and treatment
Stage: early stage
Website: https://sofinnovapartners.com/strategy/digital-medicine
How to pitch? Submit via form
Blue Earth Capital (CH)
Blue Earth Capital, a Swiss impact investor owned by the Blue Earth Foundation, has closed its second credit impact fund above target at €103m. The impact fund aims to improve access to education, financial services and affordable housing for underserved demographic groups in developing markets.
Fund size: €103m
Closing: announced in Oct 2023
Geographical focus: Europe, Africa, Asia & Americas
Focus: improve access to education, financial services and affordable housing for underserved demographic groups in developing markets
Website: https://blueearth.capital/
How to pitch? Contact via form on website
Zubi Capital Diversity Catalyst (ES)
Zubi Capital, a Spanish impact investor specialising in alternative assets with triple positive social, environmental and economic impact launched Zubi Capital Diversity Catalyst, the first impact venture capital fund on diversity and inclusion in Spain.
Fund size: €20m
Closing: announced in Oct 2023
Geographical focus: Spain
Focus: social challenges (quality employment, education, demography, health, poverty, gender equality) and environmental challenges (climate change, water, biodiversity, sustainable infrastructures)
Stage: pre-seed, seed
Ticket size: €50,000–500,000
Website: https://zubicapital.com/
How to pitch? Contact via Typeform on website
Bethnal Green Ventures (UK)
Bethnal Green Ventures (BGV), the pioneering ‘tech for good’ venture capital firm, has announced the first close of its latest fund, which is set to continue its track record of investing in technology for good. To date, a total of £33 million has been committed to the fund. BGV will use the capital to back one hundred new ventures over the next four years through their Tech for Good Programme.
Fund size: £33m
Closing: announced in Nov 2023
Geographical focus: UK & Europe
Focus: tech for good
Stage: pre-seed and seed stage
Ticket size: £60,000 + programme
Website: https://www.bethnalgreenventures.com/
How to pitch? Apply via form on website
Agri-Agro Tech Fund (FR)
Supernova Invest and Groupe Crédit Agricole announced the launch of the Agri-Agro Tech Fund. The fund has achieved an initial closing of €60 million, with a target size of €100 million. The fund will invest in technological leaders in the French and European agricultural and agrifood sectors.
Fund size: €100m
Closing: announced in Nov 2023
Geographical focus: France & Europe
Focus: agritech and agrifood
Ticket size: €2m — €4m
Website: https://supernovainvest.com/ & https://www.credit-agricole.com/
How to pitch? Apply via form on website
Failup Ventures (FI)
Failup Ventures is a Finnish-American venture capital fund based in New York and Helsinki. Failup is the first Finnish VC fund to have a core foothold in the US as well as the Nordics. They back early-stage startups with strong, mission-driven teams that positively impact society, work, health, or the environment. In November they announced the launch of Failup Ventures, the new early-stage fund of €50m with a first closing of over €30m.
Fund size: €50m
Closing: announced in Nov 2023
Geographical focus: Nordics & US
Focus: Future of Work, Software Infrastructure, Dynamic Marketplaces, Future of Consumption and Commercial Climate Tech
Stage: pre-seed, seed
Ticket size: €200k to €1m
Website: https://failup.com/
How to pitch? Get in touch via Typeform on website
Kvanted Ventures (FI)
Kvanted is a Nordic investor backing Northern European companies with industry changing software and hardware solutions. The companies they invest in range from pre-seed to Series A, and have already built something tangible to back their bigger vision. Their investment philosophy is rooted in accelerating industrial decarbonization and digital transformation, driven by powerful tailwinds from increased demand for industrial automation, sustainability, and supply chain resilience.
Fund size: €70m
Closing: announced in Nov 2023
Geographical focus: Nordics
Focus: applications in robotics, AI and autonomous systems, connectivity, data processing and sensing technology, circularity, and biomaterials
Stage: pre-seed, seed
Ticket size: €0,5–€3m
Website: https://www.kvanted.com/
How to pitch? Get in touch via form on website
Rockstart (NL)
Rockstart, global early-stage accelerator-VC, announced the launch of its second AgriFood fund. The new fund furthers the firm’s purpose to fund the transformation to a regenerative and sustainable future. Rockstart reinforces its commitment as the initial impact investor for early-stage startups with AgriFood Fund II, demonstrating its long-term dedication and support. The fund targets a final close at €50m and plans to invest in up to 50 startups within the coming 5 years.
Fund size: €50m
Closing: announced in Dec 2023
Geographical focus: Europe
Focus: agritech and agrifood, actively seeking investments in regenerative solutions that restore our soils and oceans to become CO2 capture powerhouses
Stage: from early up to Series B
Website: https://rockstart.com/agrifood/
How to pitch? Apply via application form on website
Greensphere Capital (UK)
Greensphere Capital, a UK-based fund manager, launched a £150m (€173m) fund bringing together the world’s largest group of leading science institutes to raise a £150 million fund designed to invest in and scale world-leading businesses that successfully commercialise solutions that mitigate against the dual crises of climate change and biodiversity loss.
Fund size: £150m
Closing: announced in Dec 2023
Geographical focus: UK with a particular focus on regional research hubs such as York and Norwich
Focus: climate tech, biodiversity
Stage: start-up, spin-out and scale-up
Website: https://greenspherecapital.com/
How to pitch? Apply via form on website
Vanagon Ventures (DE)
Vanagon Ventures, a Munich-based VC fund is backing founders applying frontier technologies to create positive change for people, the planet and a fairer, more transparent economy — while realising massive growth opportunities. In December they announced the first close of a €30 million fund focusing on B2B startups in digital climate tech, climate fintech and SaaS verticals.
Fund size: €30m
Closing: announced in Dec 2023
Geographical focus: Europe
Focus: Carbon Markets, Natural Capital, Circularity, Transparency Software, Digital Finance Infrastructure
Stage: pre-seed, seed
Ticket size: up to €500k
Website: https://www.vanagon.vc/
How to pitch? Submit pitch deck via form on website
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 life. They offer growth capital and active management support to companies that demonstrably, directly and structurally contribute to promoting equal opportunities.
Fund size: €18m
Closing: Closed in Dec 2023
Geographical focus: Western Europe with a focus on the Benelux
Focus: inequality of opportunities
Stage: early growth stage
Ticket size: starts at €250k
Website: https://shapingimpact.group/en/funds/si3-equal-opportunities/
How to pitch? Send an email via 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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