Wolves Summit News

German climate tech VC raises ‘record-breaking’ €300M first fund

Written by WS Team | Mar 25, 2024 10:56:34 AM

Berlin-based World Fund has filled its coffers with €300M, in what it claims to be the largest first-
time fund raised by any climate tech VC in European history. 


Founded in 2021, World Fund invests in startups building tech to decarbonise industries from
energy and buildings to transport and agriculture. It has already backed 15 early-stage companies,
including SpaceForge, which manufactures materials in orbit, and Slovenian startup Juicy Marbles,
which makes fake meat whole cuts. 
World Fund looks to bridge the gap by focusing on the larger sums startups need to scale.
Investing in climate tech should give it a head start — the sector remains one of the most resilient
despite muted VC activity. 

https://thenextweb.com/news/german-climate-tech-vc-raises-record-breaking-e300m-first-fund

 

 

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