The fund focuses on businesses committed to accelerating the transition to a sustainable, inclusive society. It requires portfolio companies to report on their impact, with the assistance of Amsterdam-based Impact Institute.
The database features a record number of 163 impact fund managers this year, highlighting a growing and maturing sector. Clean tech, alternative energy and climate change are top impact themes.
SDG 3 – Good Health & Wellbeing – continues to attract the majority of the private equity impact capital, with a total of 477 funds targeting that theme, according to the Amsterdam-based impact consultancy.
Backed by the InvestEU programme, the European Climate Debt Solutions Fund has also secured €36m from other investors including Rivage Investments which is managing the fund.
The Berlin-based fund has its own in-house science team and invests in startups providing solutions for climate mitigation, resource savings, biodiversity protection and waste reduction.
UK-based Macmillan Cancer Support’s new fund will invest in startups developing cancer care products and technology. 52North, developer of at-home testing kit for neutropenic sepsis, is the fund’s first investment
The fund has made two investments so far, in industrial electrolysis company Sunfire, and specialists in immersion cooling technology for datacentres Submer
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