Amsterdam-based Carbon Fairness, a local weather enterprise capital and personal fairness funding platform, introduced on Wednesday the launch of its second fund, Local weather Tech Portfolio Fund II, at €75M.
Carbon Fairness says Fund II will allow buyers to:
Achieve publicity to a portfolio of 150+ local weather tech firms throughout local weather sectors akin to power manufacturing, trade, meals & land use, transport, buildings, and the carbon financial system. Make investments alongside 7-10 world-class local weather funds in North America and Europe (early-stage enterprise capital and later-stage progress and buyout funds).Monitor portfolio firms in actual time by way of its app.
Carbon Fairness’s Local weather Tech Portfolio Fund II is open to buyers as of at present and can proceed fundraising by way of 2023 or till it’s subscribed totally.
Jacqueline van den Ende, Co-founder and CEO of Carbon Fairness, says, “Within the decade forward, demand for carbon-free options from customers, firms, and governments will drive a significant wave of innovation throughout all sectors.”
Local weather know-how has cemented itself as a macroeconomic subject and progress driver for the approaching years.
Simplifying local weather investments
A report from HolonIQ reveals that local weather tech skilled an 89 per cent YoY improve in enterprise capital, totaling greater than $70B in 2022.
Nonetheless, resulting from excessive funding thresholds, non-public buyers beforehand had restricted entry to enterprise capital and personal fairness funds.
The Dutch platform goals to bridge the hole for personal buyers by decreasing the minimal ticket sizes and simplifying the advanced non-public fairness and enterprise capital house.
By way of the Carbon Fairness platform, buyers can put money into world-class funds akin to
Power Influence Companions Lightrock 2150 Astanor Ventures Type Power (producing grid-scale batteries)Biomason (decarbonising cement with biotechnology) Sunfire (industrial electrolyzers for hydrogen and e-fuel manufacturing) Present Meals (making contemporary seafood constructed from vegetation).
“By empowering tens of millions of buyers with entry to unparalleled local weather investing alternatives, Carbon Fairness goals to mobilise billions in non-public capital towards much-needed local weather options,” says van den Ende.
Since its inception in mid-2021, Carbon Fairness has invested over €90M throughout its numerous local weather funds.
The Local weather Tech Portfolio Fund I efficiently closed in December 2022, exceeding its goal dimension by elevating €42M, 60 per cent above its authentic €25M purpose.
Carbon Fairness: What you must know
Carbon Fairness was based by Jacqueline van den Ende, Tim Molendijk, Lara Koole, Jeff Gomez, and Liza Rubinsten.
Based mostly out of Amsterdam, Carbon Fairness permits common buyers to take a position together with consultants in high local weather enterprise capital and personal fairness funds, with a minimal as little as €100,000, and shortly €10,000.
With its platform, the corporate goals to develop a extremely motivated neighborhood of buyers able to combat local weather change with their capital.