Startup/Scale-up

The Spanish company will use the investment to further scale its offering of automated wind-assisted propulsion systems for shipowners and shipping companies seeking to reduce fuel costs and polluting emissions.

Mirova has also announced a €10m investment into regenerative agricultural startup ReGeneration, aiming to help French and Belgian farmers transform agricultural practices towards more resilient models.

New investors in healthcare startup LillianCare’s funding round included German impact investor BONVENTURE and Spanish impact investors Creas.

The fund will invest in early-stage healthtech startups. It plans to bring scale through its partnerships with a variety of different health organisations around the world.

The decarbonisation-focused fund has landed British International Investment as an anchor investor, alongside family offices, fund-of-funds and corporate venture firms.

Alotta, which has developed floating solar solutions, has raised NOK 63.5m and announced a power purchase agreement with Chilean salmon farmer Mowi Chile.  

Although Vietnam has made progress in reducing poverty and growing its economy in recent years, its small and medium-sized businesses often struggle to access financing, according to the DFI.

According to Katapult, the 13 companies taking part in the fourth and final programme for the fund represent the “most technically advanced and commercially mature” group of startups to date, with an average valuation of €25m.

Aerska develops RNA medicines for the treatment of neurological diseases such as Parkinson’s and Alzheimer’s, which affect millions of people worldwide.

After a tough start to the year, confidence has returned among impact founders and investors in Europe, a new report by Swedish venture capitalist Norrsken VC said.