🇪🇺 38 new VC funds announced a first or second close in Europe this year (Sifted). 📉 Whilst 2023 saw a trickier deal environment, with European-wide interest rate hikes, the industry still saw some very exciting new funds being launched. Here are some of the new funds that caught our eye: 📍 Blume Equity - Led by 3 female partners, it is a climate-tech growth equity firm investing in companies driving sustainable outcomes for the planet and people. 💸 Fund Size : Targeting $200M. 📍 2100 Ventures - Focused on investing in pre-seed to Series A startups across Europe, and more than 50% of the €250k-750k tickets it invests will go to companies with Italian founders. 💸 Fund Size : €30M. 📍 Planet A Ventures - Aimed at backing European green tech startups that have a significant positive impact on our planet. It is one of the first VCs to have its own science team to perform due diligence on a startup’s climate impact pre-investment to prevent Greenwashing. 💸 Fund Size : $160M. 📍 Yellow - Focused on investments in Southern Europe. Pre-seed tickets range from €200k to €500k targeting extraordinary founders with bold and disruptive ideas focused on B2B and B2C. 💸 Fund Size : €30M. It will be exciting to see how these new funds perform in 2024 and what investments are to come. Contact us at info@vensights.co.uk #vc #venturecapital #startups #entrepreneurs #entrepreneurship #tech #technology #innovation #money #business
