VC Directory

CLIMATE VCs Directory

Curated index of active venture capital funds investing in Europe and Israel. Track partners, stages, and check sizes.

European Circular Bioeconomy Fund (ECBF VC)

DE

ECBF is a venture capital impact fund exclusively dedicated to the (circular-) bioeconomy, aiming to catalyze the transition towards a sustainable future. The fund invests in growth-stage companies that contribute to the shift from a fossil-based to a circular bio-based economy, aligning with the European Green Deal goals to achieve climate neutrality by 2050. They focus on building pan-European market leaders by supporting passionate and visionary entrepreneurs with high potential for innovation, favorable returns, and sustainable impact. ECBF's investment strategy involves providing flexible financing tools, ranging from equity to mezzanine, in syndicates with private and public investors. The fund's team brings over 100 years of VC and industry experience, possessing international networks of investors, companies, industry experts, and regional organizations within the bioeconomy. With a diverse team spanning 14 nationalities, ECBF combines economic and scientific expertise, long-standing experience in various fields, and an entrepreneurial spirit. The fund believes that impact and return go hand-in-hand, emphasizing that a corporate strategy aligned with ESG criteria is crucial for companies seeking a competitive advantage. They support founders whose technologies are revolutionizing industries, improving lives, and benefiting the environment. ECBF dives deep into specific areas of the bioeconomy, such as precision fermentation, biodegradable bioplastics, mycelium-based products, and autonomous farming technologies, seeking companies driving innovation in these spaces. Ultimately, ECBF aims to mobilize private capital for bioeconomy start-ups, fostering growth and sustainability within the sector. They actively monitor and report on the impact of their investments, showcasing their commitment to creating a positive environmental and social impact alongside financial returns.

Growth-stageCircular BioeconomyIndustrial Biotechnology

European Investment Bank

EU
E

The European Investment Bank (EIB) strategically invests in projects aligned with EU policy goals, fostering sustainable growth, innovation, and climate action both within and outside the European Union.

Early Stage, Late Stage

European Space Agency (ESA)

Paris, FR

The European Space Agency (ESA) is not a venture capital firm but rather an intergovernmental organization dedicated to space exploration and development. Its primary focus is on shaping the development of Europe's space capabilities and ensuring that investment in space continues to deliver benefits to the citizens of Europe and the world. ESA's strategy, outlined in 'Strategy 2040', revolves around five encompassing goals: protecting our planet and climate, exploring and discovering, strengthening European autonomy and resilience, boosting growth and competitiveness, and inspiring Europe. ESA works with various stakeholders including member states, industry partners, research institutions, and the public to achieve its goals. They offer business opportunities for companies seeking to work on space-related projects through open tenders and other initiatives. ESA's approach involves a broad range of activities, including scientific research, technology development, mission operations, and international cooperation. Their work spans various domains such as Earth observation, space science, human and robotic exploration, satellite navigation, space transportation, and space safety. Key programs include Copernicus for Earth observation, Galileo for satellite navigation, and various exploration missions like Juice and collaborations on projects such as the James Webb Space Telescope. ESA fosters innovation through initiatives like ESA BICs (Business Incubation Centres) and supports the commercialization of space technologies. Furthermore, they aim to provide secure and resilient space-enabled connectivity, focusing on European autonomy in critical technologies. ESA collaborates with industry partners to bring innovative space technologies to market, driving economic growth and competitiveness. It offers various ways for businesses to get involved, including responding to open tenders, participating in technology development programs, and partnering on commercialization efforts. They provide access to funding opportunities and resources through platforms such as ESA-STAR and emphasize the importance of small and medium-sized enterprises (SMEs) in the space sector. Recent initiatives include challenges and funding for smoother connectivity solutions through collaborations like ESA and GSMA Foundry. ESA also promotes industry events and provides tools like the REACH tool to assist businesses in complying with regulations on hazardous chemicals in the space industry. In summary, ESA aims to advance space technology and exploration, support innovation, and drive economic growth within its member states. They do this by setting strategic goals, funding research and development, collaborating with industry, fostering education, and promoting the benefits of space to society. While ESA does not operate as a venture capital firm in the traditional sense, it functions as a pivotal enabler and investor in the European space sector, stimulating innovation and commercial opportunities for companies that partner with the agency.

nullSpace scienceHuman and Robotic Exploration

European Space Agency (ESA) / ESA member states

FR

The European Space Agency (ESA) and its member states represent a unique investment landscape focused on advancing space exploration, technology, and applications. ESA's mission encompasses a broad range of activities, including scientific research, Earth observation, satellite navigation, space transportation, and technology development. Their strategic goals, outlined in Strategy 2040, emphasize protecting the planet and climate, exploring and discovering new frontiers, strengthening European autonomy and resilience, boosting growth and competitiveness, and inspiring Europe. Investment opportunities arise from ESA's collaborations with industry, research institutions, and SMEs, fostering innovation across various space-related sectors. ESA's approach to business involves providing funding, technical expertise, and access to infrastructure for companies developing space technologies and applications. They offer various programs and initiatives aimed at supporting businesses, particularly SMEs, through procurement contracts, technology transfer, and access to funding opportunities. ESA's Ministerial Council meetings, such as CM25, are key events where member states commit to funding for space programs, shaping the direction of future investments. These commitments drive demand for innovative solutions in areas like connectivity, secure communications, space safety, and technology development. Investing in companies aligned with ESA's strategic goals presents opportunities for high-impact ventures that contribute to both economic growth and societal benefit. ESA's support and network can provide a competitive advantage for companies seeking to develop and commercialize space-related technologies. The agency's focus on fostering European autonomy in space also creates opportunities for companies that can contribute to independent capabilities in areas such as satellite navigation, space transportation, and secure communications. Furthermore, ESA's emphasis on international collaboration and scientific advancement positions its partner companies to be at the forefront of global space innovation.

Not explicitly mentioned, but focus on companies involved in ESA programs suggests growth stages, potentially including some earlier-stage companies via specific ESA initiatives.Space ScienceHuman and Robotic Exploration

Extantia Climate Flagship II GmbH

DE

Extantia is a venture capital firm founded in 2020 that focuses on backing pioneers in climate technology. As a climate tech generalist, they invest in both software and hardware solutions that address significant, near-term market opportunities with the potential to reshape industries. Their investment strategy centers around identifying and supporting companies that are driving a faster, cheaper, and more sustainable future by re-engineering existing industries. The firm emphasizes the importance of capital in combating climate change and aims to be a long-term partner to its portfolio companies, offering hands-on support in areas like commercialization, organizational scaling, and fundraising.

Seed, Series AClimate techsoftware

Fair Capital Partners

Den Haag, NL

Fair Capital Partners focuses on sustainable investing, aiming to create a world where people and nature are in balance. They emphasize the urgent need to fundamentally change the global economy and work with clients to bring about a more sustainable future. The firm leverages its knowledge and experience to make the most sustainable choices, focusing on investments that promote human rights, combat climate change, and protect biodiversity. They have 30 years of experience investing based on sustainable principles.

Seed, Series ASustainable investinghuman rights

Fifty Years

US

Fifty Years backs scientists and engineers building massive businesses to solve humanity’s biggest problems (e.g., climate crisis, disease, connectivity, malnutrition) by leveraging deep tech and capitalism as a force for good. The firm emphasizes founder-centric support and a network of founder-backers.

Pre-seed and seedPre-seed and seed-stage investments in founders using technology to solve global challenges (e.g.climate

Finnfund

Helsinki, FI

Finnfund is a development financier and impact investor. While the crawled data doesn't provide a comprehensive investment thesis, it's clear their strategy focuses on investing in companies and projects in developing countries that promote sustainable development and have a measurable impact. Recent news highlights investments in digital infrastructure (expanding mobile networks and fixed broadband), renewable energy, and support for women entrepreneurs. They aim to bridge the digital divide, improve access to essential services, and foster economic growth in underserved regions. The firm emphasizes the importance of digital inclusion as a driver of economic inclusion, illustrated by their investments in companies like Fibertime, which provides affordable broadband internet access to low-income communities in South Africa. They also consider environmental impact and planetary boundaries when making investment decisions. Finnfund's investment approach appears to be guided by impact investing principles, aiming for both financial returns and positive social and environmental outcomes. They actively seek opportunities to address poverty, promote gender equality, and mitigate climate change through their investments. The focus on digital infrastructure suggests a belief in the transformative potential of technology to improve lives and create new economic opportunities in developing countries. Their investments in companies like CREI in South Sudan, which uses solar hybrid solutions to improve mobile network connectivity, showcase their commitment to supporting innovative solutions that address critical development challenges. Finnfund actively shares their insights and research through news articles and blog posts, highlighting the impact of their investments and promoting the importance of impact investing. Their Chief Investment Officer and economists regularly comment on market trends and investment opportunities in emerging markets. They have specific frameworks on human rights, consideration to child welfare, and other ESG factors.

Not explicitly mentioned, but likely growth stage based on the news of expansionsDigital infrastructurerenewable energy

Flori Ventures

F

Flori Ventures is a seed-stage fund investing in entrepreneurs building the future financial system and climate crisis solutions. They aim to back founders and leaders who tap into financial and climate innovation to solve real-world problems at scale. The firm believes in supporting founders from pre-seed to pre-series A stages. They have backed 80+ startups with $30M+ to help founders solve impactful problems in big markets.

Seed, Pre-Seed, Pre-Series AFinancial SystemClimate Crisis

FoodHack syndicate

CH

FoodHack is a global community and newsletter focused on the FoodTech industry. They aim to accelerate the development and adoption of impactful solutions addressing the climate crisis within the food system. They achieve this by fostering connections between founders, funders, and operators through various initiatives. These initiatives include hosting global meetups, supporting local ambassadors, covering FoodTech news, organizing the HackSummit, and publishing weekly trend reports.

Pre-Seed, Seed, Series AFoodTechClimate Tech

Form Ventures

London, GB

Form Ventures invests in UK-based startups that operate in markets with significant public policy exposure. Their strategy centers around the belief that startups disrupting old, regulated sectors or creating entirely new markets will inevitably face scrutiny from regulators and politicians. Form Ventures positions itself as a valuable partner to help these startups navigate the complex political and regulatory landscape, turning potential challenges into competitive advantages. They offer support in understanding and engaging with regulators and policymakers, enabling founders to move quickly and effectively. They recognize that even if policy and regulation seem irrelevant in the early stages, world-changing startups will eventually need to address these issues. Their approach seems to focus on proactive engagement and strategic management of regulatory and policy risks, making them uniquely positioned to support disruptive startups in regulated industries.

Pre-Seed, Seed (before Series A)Regulated marketspublic policy

Forward.one

Amstelveen, NL

FORWARD.one invests in European industrial technology startups that build hard tech capable of scaling into market leaders. Focused on performance-driven execution, they prioritize founders who deliver tangible results over theoretical potential, targeting transformative innovations in sectors like semiconductors, quantum computing, AI, and autonomy.

Early-stageBreakthrough technologies with commercial scalabilityindustrial and climate innovations

Frontier IP

GB

Frontier IP operates with the purpose of creating high-value businesses from deep technology, focusing on intellectual property developed by scientists and engineers. Their approach involves identifying IP with commercial potential, often at an early stage through partnerships with universities, academics, and industry. They take founding equity stakes in companies in exchange for commercialization and support services. This includes IP protection, smooth business operations, and hands-on technology support. They focus on validating the technology and understanding its market potential, working closely with industry partners to understand market needs and demands. Their business model focuses on being capital efficient, driven by expertise and knowledge of underlying technologies and industrial processes. They place portfolio companies into clusters to exploit synergies in expertise and develop networks, offering advantages over sector-based approaches. They aim to accelerate time to market for companies and technologies in their core portfolio, providing corporate finance support and capital raising. Frontier IP also seeks investments from relevant industrial partners to bring value through industry connections and technology validation, beyond just capital. Frontier IP provides proactive, hands-on support, including commercialization services, technology validation, early industry engagement, and fundraising. They identify and evaluate IP, take material equity stakes in return for their services, validate technology and scale up market demand in partnership with industry, raise third-party funds, and generate value through potential deferred earnings realized upon exit. The firm emphasizes a different board and team composition compared to conventional IP commercialization firms or venture capitalists, drawing directors and employees from industry with extensive business experience. They focus on tackling fundamental challenges around climate, energy, water, health, and food through their portfolio companies.

Early stage, spin-outsDeep technologyclimate

Fujitsu Ventures

JP

Based on the provided website content, Fujitsu Ventures' investment thesis is centered around achieving a sustainable future through technological innovation. They aim to align their investments with their corporate purpose of "Make the world more sustainable by building trust in society through innovation." Their vision is to become a technology company that realizes net positive through digital services, emphasizing the positive impact technology can have on society overall. They are focusing on investments that contribute to solving global environmental issues (Planet), developing a digital society (Prosperity), and improving people’s well-being (People). These areas are aligned with the UN's Sustainable Development Goals (SDGs), indicating a strong commitment to impact investing alongside financial returns. Fujitsu Ventures focuses on supporting the creation of new business models and spurring innovation in these key areas. They intend to leverage their advanced technologies, management foundation, and human capital to achieve their goals. Their Materiality framework—Planet, Prosperity, and People—suggests an interest in companies developing solutions for climate action, clean energy, sustainable cities, reduced inequalities, and other related areas. The emphasis on 'digital services' indicates an investment preference for companies developing and deploying innovative digital solutions within these sectors. Their investment strategy is closely tied to Fujitsu's broader corporate strategy and values, using aspiration, trust, and empathy as guiding principles. By aligning investments with their Materiality areas, they aim to contribute to a sustainable future while driving innovation within the technology sector. The firm's strong emphasis on research and development, as indicated by their significant R&D expenses, points towards an interest in cutting-edge technologies and deep tech ventures. Their CEO's message and the Fujitsu Way underscore a long-term commitment to creating value that only Fujitsu can provide, suggesting a potential focus on strategic investments and synergistic partnerships. Overall, Fujitsu Ventures appears to be a strategic investor looking for opportunities to leverage its technological capabilities and corporate resources to foster innovation and create a positive impact on society. Their investment decisions are likely to be driven by a combination of financial return and alignment with their sustainability goals.

Early Stage, Late StageSolving global environmental issuesdeveloping a digital society

Fullerton Fund Management

Singapore, SG

Fullerton Fund Management specializes in delivering tailored investment solutions for institutions (e.g., sovereign wealth, pension plans) and private/retail clients. Their focus includes global and Asian equities, Asian bonds (local currency and G3), and multi-asset strategies, with a strong emphasis on disciplined, fundamentals-driven risk asset management. Recent insights highlight geopolitical influences on climate investments in Asia and macroeconomic strategies for inflation and monetary policy.

Global and Asian equitiesAsian bonds (local currency and G3)

Future Five

DK

Future Five is a venture capital firm that builds and invests in global ideas alongside people with an ambition to refresh the approach to climate, food, and education. They aim to contribute to a sustainable future for the next generation, both specifically their fifth generation of family and in general. They engage actively in a few companies as co-founders or early investors where they can apply their experience, supported by their network, and then invest passively into global ideas led by teams and people they really believe. They express a privilege to learn and see ideas and people grow. In the climate sector, they focus on the transition to Net Zero, recognizing the challenges and opportunities to reinvent established practices. They believe that new methods of accounting for economic activity and increased transparency will drive impactful change. They see this as a generational journey and are excited to participate. In the food sector, they aim to reinvent our food system at scale to feed the next generation without harming the planet. They look to support makers of food, beverages, and sustainable food technologies. In education, they aim to refresh the approach to learning, enabling kids to realize their own potential by engaging a larger community in sharing their experiences.

Early Stage, Co-foundingClimateFood

Future Planet Capital (Ventures) Ltd

GB

Future Planet Capital is an impact-led VC firm founded in the UK with a global outlook. Their investment strategy is to back high-growth companies that are benchmarked against top universities and innovation centers globally. The firm's mission is to invest in companies solving global challenges in a profitable way, mapping their investments against the UN Sustainable Development Goals, which include climate change, education, health, security, and sustainable growth. They manage over $460M in assets for public and private investors and have deployed an additional $200M through co-investment initiatives. Future Planet Capital has a track record of managing deep tech funds for entities like the UK government, British Business Bank, sovereign wealth funds, and local government pension funds. They leverage a proprietary algorithm that tracks over 500,000 inputs to systematically score and benchmark innovative companies worldwide. The firm emphasizes originating and benchmarking deals from founders and scientists emerging from leading universities and innovation centers. They provide seed, venture, and growth investment, sharing their experience, global reach, and network to help these companies realize their full commercial and impact potential. Future Planet Capital also focuses on creating innovative routes for pension investment into high-growth UK businesses, exemplified by the British Co-Investment Fund (BCF) in partnership with Mobius Life. This fund aims to channel pension investment into the UK's most innovative and impactful businesses, unlocking pension capital to invest in UK private markets and support significant fast-growing companies.

Seed, venture, growthClimate changeeducation

Future Planet Capital Regional

GB

Future Planet Capital is an impact-led venture capital firm founded in the UK with a global outlook. Their investment thesis centers around backing high-growth companies that are addressing global challenges aligned with the UN Sustainable Development Goals, such as climate change, education, health, security, and sustainable growth, with the expectation of generating profitable returns. They focus on companies emerging from top universities and innovation centers, providing seed, venture, and growth investments to help them scale. The firm aims to connect the biggest investors with the brightest minds by offering pension scheme managers access to UK venture investment across the whole of the UK, with the potential for higher long-term returns for savers.

Seed, Venture, GrowthClimate changeEducation

GGF

LU
G

Green for Growth Fund finances high-impact projects in EU Accession and Neighborhood regions, focusing on renewable energy, energy efficiency, and resource efficiency. The fund leverages local financial institutions, provides risk-mitigation (first- and second-loss protection), and supports sustainable economic growth, climate change mitigation, and supply chain stabilization. Specialists operate on-the-ground, offering advisory and capacity-building services to investees.

Climate actionCO₂ reduction

GSAM

Frankfurt, DE

Goldman Sachs Asset Management (GSAM) focuses on delivering superior client outcomes through active ETFs and a range of public and private market investment solutions. Their approach combines deep expertise with a commitment to understanding and addressing client needs. The firm emphasizes integrated offerings across equities, fixed income, and multi-asset solutions, aiming to help investors achieve their financial goals by navigating market challenges effectively. GSAM aims to provide alternative investment opportunities, including private market access, to diversify portfolios and enhance returns, with a particular focus on adapting to evolving market conditions and integrating sustainability considerations into investment strategies. The firm's investment strategy involves a blend of active management, strategic asset allocation, and risk management. GSAM seeks to identify and capitalize on market inefficiencies, leverage its global research capabilities, and provide tailored investment solutions to meet specific client objectives. A core theme is the integration of alternative investments into traditional portfolios to generate alpha and manage risk in a changing investment landscape. GSAM leverages its scale and expertise to offer innovative investment products, including actively managed ETFs and alternative investment options, to retail investors and institutional clients. GSAM's approach also includes a focus on impact investing, particularly in areas related to climate transition and inclusive growth. They are committed to integrating environmental, social, and governance (ESG) factors into their investment processes, aiming to generate both financial returns and positive social and environmental impact. The firm offers insights and market perspectives through publications and newsletters, keeping clients informed about economic trends and investment strategies. GSAM positions itself as a partner that prioritizes client needs and offers a comprehensive suite of investment capabilities. They leverage a global network of investment professionals and a deep understanding of various asset classes to deliver tailored solutions that meet the diverse needs of investors. The emphasis on active management, innovative product development, and a client-centric approach are central to GSAM's investment philosophy.

Not explicitly mentioned, but seems to span various stages given the public and private investment optionsEquitiesFixed Income

GTT Strategic Ventures

Saint-Rémy-lès-Chevreuse, FR

GTT Strategic Ventures, established in 2023 as the venture capital arm of the GTT Group, focuses on investing in innovative, technology-based companies to foster the development of sustainable technology champions. Aligned with GTT's core strategy and expertise, the fund aims to contribute to climate technology advancement, hand-in-hand technological solutions for a sustainable world. Their investment strategy centers around three key sectors: mobility of the future, energy transition, and smart maritime ecosystem, each with a diverse array of technologies and opportunities.

Series BHydrogenE-fuels

GenZero

Singapore, SG

Accelerating global decarbonization through patient capital and strategic partnerships to deliver sustainable financial returns alongside positive climate impact.

Growth (direct investments and funds)Technology-based solutionsnature-based solutions

Global Innovation Fund

GB

Global Innovation Fund (GIF) is an impact-focused investment firm that provides financial investment and strategic, post-investment support to accelerate growth and maximize impact for underserved communities. They combine financial investment with strategic, post-investment support to accelerate growth and maximise impact. GIF deploys flexible capital, utilizing grants, equity, and debt, to support early-stage innovations with proven potential to transform lives and progress toward scale. They de-risk and nurture high-potential innovations by providing deep technical, financial, and advisory support, along with connections to a powerful network of peer innovators and follow-on funders. GIF is committed to generating actionable insights and learnings that help innovators, partners, and the wider ecosystem learn, adapt, and make better decisions. The fund strategically prioritizes investments in Africa and Asia, focusing resources where the potential and need for scalable and sustainable change is greatest. GIF seeks innovations driving solutions across two critical thematic areas: building climate resilience and unlocking inclusive economic opportunities. GIF measures its impact by the amount of additional capital attracted to their innovations per dollar invested, the number of people expected to benefit, and the net social value created by their investments. For example, they report $8 in additional capital attracted per $1 invested, 157 million people expected to benefit by 2034, and $1.15 billion in net social value created by five of their earliest investments. GIF Growth offers a specific debt investment option, as demonstrated by their investment in 4G Capital, enabling the company to scale credit to both new and existing clients. By supporting on-lending to 4G Capital’s customer base, this investment promotes financial inclusion for GIF’s target beneficiaries, particularly underserved micro and small enterprises.

Early-stageAgriculture and food securityEducation and skills development

Global Resilience Innovation Fund

Luxembourg, LU

Global Resilience Innovation Fund (GRIF) invests in defence and security technologies across NATO and allied nations, recognizing that global interdependencies are increasingly turning into vulnerabilities for western democracies. These vulnerabilities stem from geopolitical tensions, cyberattacks, and climate-related disruptions, requiring a strategic and resilient approach to defence, disaster preparedness, and innovation. GRIF supports tech founders developing disruptive innovations in defence, security, and disaster management, leveraging a team and extended network with deep expertise across relevant sectors. The fund is not treating this sector as a fad but has been actively engaged in it for years.

Series ADefenceSecurity