Amsterdam-based Carbon Equity, a climate venture capital, and private equity investment platform, announced on Tuesday that it has raised €100M through its Climate Tech Portfolio Fund II.
Carbon Equity has exceeded its initial target of €75M and more than doubled the size of Fund I, which closed at €42M in 2022.
To date, Carbon Equity has raised €200M from 700 investors, including prominent entrepreneurs, c-level executives, private equity professionals, family offices, and institutional investors.
The announcement comes five months after raising €6M in its Series A round of funding, led by BlackFin Capital Partners.
Jacqueline van den Ende, Co-Founder and CEO of Carbon Equity, states, “Through our platform, we pool the capital of private investors, thus offering them the opportunity to invest in a diversified portfolio of unlisted climate companies. Given the manifold technological pathways within climate solutions, a relatively young landscape of funds, and the importance of geographical diversification, a fund of funds in our view is the best way to generate attractive risk-adjusted returns when investing in this theme.”
Climate Tech Portfolio Fund II
With the Climate Tech Portfolio Fund II, the Dutch VC plans to invest in 7 to 10 selected private equity and venture capital funds and indirectly in 150 to 200 critical climate solutions, including solutions such as
- Green hydrogen
- Battery technology
- Carbon-free cement
- (Industrial) heat pumps
- Bioplastics
- Smart thermostats
- Next generation proteins
Launching Climate Tech Portfolio Fund III
Following the closing of the Climate Tech Portfolio Fund II, Carbon Equity is launching its Climate Tech Portfolio Fund III, aiming to raise €125M.
Through Fund I and Fund II, the Amsterdam VC has already committed to 15 leading climate funds, such as Breakthrough Energy Ventures, Ara Partners, 2150 VC, and Energy Impact Partners, and invested in more than 100 climate tech companies with several early successes.
Carbon Equity: What you need to know
Founded by Jacqueline van den Ende, Tim Molendijk, Lara Koole, Jeff Gomez, and Liza Rubinsten, Carbon Equity allows regular investors to invest along with experts in top climate venture capital and private equity funds, with a minimum of as low as €100,000, and soon €10,000.
With its platform, the company aims to grow a highly motivated community of investors ready to fight climate change with their capital.
With over 40 years of collective investment expertise, the Dutch climate VC handpicks funds designed to offer tangible climate impact and attractive risk-adjusted returns.
Investors, through Carbon Equity, access leading climate funds that help power climate solutions, including firms like Koloma, Form Energy, and Woltair.
Carbon Equity simplifies private equity and venture capital access.
“The global commitment to halt climate change offers opportunities for investors. Not just for the ideological investor, but also for the pragmatic investor who wants to realise attractive, risk-adjusted returns as a result of investing in impactful and fast-growing climate innovators. We believe that climate change is not only the most urgent problem facing humanity but solving it is also the most attractive investment opportunity of our generation. Our biggest challenges are also our biggest investment opportunities,” says van den Ende.
Read the orginal article: https://siliconcanals.com/news/startups/carbon-equity-closes-fund-ii-at-100m/
