Norrsken VC’s Post

World Fund, based in Berlin, is allocating €300 million towards supporting climate tech founders in Europe over the next few years. 💡 Key highlights: 🌱 This commitment marks the largest climate-dedicated fund on the continent and signifies a growing belief in the resilience of the sector. 🌱 The fund plans to make 25-30 investments in startups focusing on technologies capable of decarbonizing entire industries. 🌱 Previous recipients of World Fund's support include startups like ENOUGH Food, Space Forge, and CustomCells . 🌱 Notable backers of the fund include European Investment Fund (EIF), KfW Capital, Bpifrance, PwC Germany, NRWbank, and Ignitis Group, among others. 🌱 Danijel Višević, Managing Partner at World Fund, highlights the fund's dedication to creating a regenerative world and invites aspiring founders to reach out for support. “Our planet is at a pivotal juncture, and we could not be prouder to spend every day working towards creating a regenerative world, backing European founders building world-changing companies." said Danijel Višević. #ClimateTech #EuropeanInnovation #SustainableInvesting #VentureCapital #Decarbonization #CleanTech #ClimateInvestment #SeriesBFunding #RegenerativeFuture #TechStartups #ClimateAction

🌐 ACE Ventures is now part of the UNPRI! 🌐   🤝 As the venture business of ACE & Company this strategic move to join the United Nations Principles for Responsible Investment reinforces our commitment to responsible and sustainable investing.   🚀 ACE Ventures has embedded these principles into the core of our investment strategy and operations. Our newest fund, ACE Swiss Tech Outliers, pledges to make at least 30% of sustainable investments in climate technology, in accordance with SFDR regulations. Beyond this, our focus remains sharp on empowering tech innovators who are tackling the globe’s most pressing challenges, driving meaningful change in the process. 🌍 From fostering energy transition and climate resilience to expanding access to healthcare and pioneering in biotechnology, from addressing the global workforce decline to advancing green finance, we are committed to identifying and supporting entrepreneurs making significant strides in these vital areas. Let's join forces to create a lasting impact! ✨   Read the press release here: https://lnkd.in/epgUniEq

🎉 SFC is Europe's most active #ClimateTech Investor according to Sifted! 🌱 We topped Sifted's ranking of 'Europe’s 10 most active climate tech investors' with 21 deals in the first half of 2024. Investments in startups tackling challenges like clean energy, sustainable transportation, and sustainable food have become an essential and ever-growing focus for SFC, now accounting for around one-third of each portfolio. We're in great company, read about the full top 10 here 👉 https://lnkd.in/eepy9h_a Capital at risk. For professional investors only.

Public service announcement to starting deep tech founders: never agree to giving a public fund such as the EIC a board seat. Most founders I spoke with that accepted such a board member deeply regret the decision, as incentives between public funders (reduce risk) and the founder are misalligned. The quality of the board members coming in this way is also often very low A board relationship is like a marriage, but with more money 💰. EIC - please stop taking board seats, and please dont use public tenders to find candidate board members. It mostly attracts people that like having that title on their LinkedIn profile. #eueic

📣 Yesterday, at Wind, we proudly announced the launch of our €130 million impact fund, with a first closing that exceeded our expectations at €90 million. Earlier this week, I had the pleasure of speaking with Camille Wong from Les Echos. In her insightful article, she highlights how VCs are increasingly turning to impact investing. This shift is driven not only by the urgent need to address climate change but also by the belief that the next wave of groundbreaking innovations will emerge from this space. 🌎 Building an Article 9 fund is no small feat. Impact investing comes with rigorous checks and tighter regulations. Moreover, it requires a deep understanding of the complex technologies that startups are developing. Xavier Gury and I, both engineers and entrepreneurs, are well-equipped to grasp the tech. Yet, we recognise that we cannot master every detail of every solution. 🌐 This is why we are adopting a network approach. We’re not only leveraging our expanding network of seasoned LPs to provide business guidance, advice, and connections to the early-stage startups we support. But we’re also committing to building a network of scientists and specialists from diverse fields—ranging from climate and agriculture to infrastructure and industry. We believe it takes a village to grow a successful company, and that’s exactly what we’re building. By fostering this collaborative network, we aim to more quickly find, finance, and support the startups capable of providing the right solutions to the most pressing challenges we face Check out Camille’s article on https://lnkd.in/eqpexnv3 : We’re eager to hear your thoughts on the subject! #WindCommunity #Deeptech #ImpactInvesting #Sustainability #Innovation #Future Vincent Stuhlen Amélie Boudon Karim Tadjeddine Elodie Nocquet Eric Gossart

Ever wondered why the funding statistics never look the same depending on the report you're looking at at this time of the year? The team at Systemic Innovation did it again! Have a free analysis of the différent methodologies used and the questions they raise. >> As long as we don't agree on what defines the Africanness of a startup, what is even a startup, what is considered an investment (grant, VC money, debt, M&A...) and how they should be measured, we won't be able to analyze our progress properly. >> Besides, as mentioned in their brief note, about 40% of all early stage deals remain undisclosed. Unless we go see for ourselves, we remain basically blind in this sphere. It shouldn't take you more than 10mn to read ⏬

🚀 Exciting News from the European Tech Front! 🌍 In the latest clip from the post-production process, David DANA of the European Investment Fund (EIF) reveals some eye-opening figures: Last year, the EIF invested over €3.4 billion in the tech sector. With a team nearing 50, they're influencing 15-20% of the market! 📈 This isn't just about numbers. It's a story of growth, success, and global impact. Europe's tech landscape is thriving, attracting attention far beyond its borders. 🔍 Want to know more about the successes and the burgeoning opportunities that are drawing global investors to Europe? Check out the full episode this weekend, where David Dana unpacks the dynamics of the European tech market. 🔗 https://lnkd.in/egFNQcW 𝐋𝐞𝐭'𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬: How do you see Europe's evolving role in the global tech ecosystem? 𝐒𝐡𝐚𝐫𝐞 𝐲𝐨𝐮𝐫 𝐭𝐡𝐨𝐮𝐠𝐡𝐭𝐬! #EuropeanTech #Investment #Innovation #GlobalImpact #startup

A darn good sign? While the EU plateaued for the 3rd year in a row at €11B in #cleantech investments, Estonia has eventually caught the wave, nabbing €270M of investments in 2023, up from the last record of €170M the year before. By the way, the majority of deals were made in the seed stage (avg deal size €2.5M), but ofc the stats are led by high-ballers. What’s new in Estonia is that dedicated cleantech venture capital has come out of the closet. At last! We’re looking at €150m of cleantech VC capital being deployed by Estonian sources alone in the region (incl Baltics) and at least €60m idle today as dry gunpowder, waiting to be deployed in the coming year. That's a whopping grand gesture coming up from virtually €0 since…ever. That’s a darn good sign. Also for my friends at cleantech VCs - expect a few invitations, the concentration of science-loaded innovators is high-high. While Cleantech for Europe's Cleantech Investment Plan brought out the need to unleash institutional capital, emphasizing pension funds’ need to step up the game, the strength of a startup nation takes the podium - successful capital formation a decade ago by many funds and their deployment is now keeping everyone's eyes peeled for returns that could feed the trust, recycling and sustainability of those institutionals yet again. There’s nothing we can do about it as individuals, but a lot we can do as a community 🤗.

As we gear up for the upcoming 0100 Conference Europe 2024, we had the opportunity to gather insights from Peter Oszkóó, Founder and Managing Partner at OXO Holdings. 💡 Péter will be speaking at the panel “European VC Market: Trends for VC Investments in 2024 and Beyond” alongside industry experts: Curt G. from IRIS; Lucrezia Lucotti from 360 Capital and Nikolas Krawinkel from Mangrove Capital Partners. What are the benefits of being a multistage and multi-sector fund? Read the full interview and find out how being a multistage investment entity with an agnostic investment approach allowed Oxo to build a diversified and crisis-resistant portfolio. “By spreading investments across different sectors and stages as well, the company can optimize risk-adjusted returns based on our experience. Consequently, balancing high-risk, high-reward early-stage investments with more stable, later-stage opportunities enables a favorable risk-return profile for the overall portfolio”, explained Péter Oszkó. Register for the 0100 Conference Europe 2024 here! https://lnkd.in/dTpdpHHE See you in Amsterdam from April 16th to the 18th! #venturecapital #conference #tech

🌍 📃 Sifted has released a list of Europe's 10 most active climate tech investors in 2024 so far. The first half of 2024, climate tech in Europe attracted more investment than any other tech sector, securing €7.7 billion in equity and an impressive €13.2 billion in debt. Following have remained Europe’s most active climate tech investors, according to Sifted: 1. SFC Capital led by Stephen Page. 2. Bpifrance led by Nicolas Dufourcq. 3. EIT - European Institute of Innovation and Technology led by Martin Kern. 4. HTGF | High-Tech Gründerfonds led by Alex von Frankenberg. 5. Norrsken VC led by Tove Larsson. 6. Antler led by Magnus Grimeland. 7. Rockstart led by Rune Theill. 8. Banque des Territoires led by Olivier Sichel. 9. Invest-NL led by Rinke Zonneveld. 10. Speedinvest led by Oliver Holle. #ClimateTech #Investment2024 #GreenInvesting #SFCcapital #BpiFrance #EIT #HTGF #NorrskenVC #Antler #Rockstart #BanquedesTerritoires #InvestNL #Speedinvest #ClimateInnovation #Sustainability #GreenTech #EcoFunding #VentureCapital #StartupInvesting #ImpactInvestment #RenewableEnergy #SustainableFuture #TechInvestment #GreenEconomy #EuropeTech