# Top 50 CleanTech VC (Venture Capital) Funds in Europe in October 2023

## Chalmers Ventures AB
- Type: VC Fund
- Location: Göteborg, Vastra Gotaland, Sweden
- Relevant deals: 11
- Stages: Pre-Seed, Seed
- Focus: Software, Energy, Health Care

We are a leading tech investor & venture builder in the Nordics. Taking deep tech from lab to market.WELCOMEINVESTMENTS

## MIG Capital
- Type: VC Fund
- Location: München, Bayern, Germany
- Relevant deals: 8
- Stages: Series A, Series B
- Focus: Biotechnology, Health Care, Pharmaceutical

Zusammen gestalten wir die Unternehmen von morgen.

## Par Equity
- Type: VC Fund
- Location: Edinburgh, Edinburgh, City of, United Kingdom
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, Information Technology, Computer

Founded in 2008, Par Equity is a venture capital firm that backs the most innovative, high growth technology companies in the North of the UK. Based in Edinburgh, Par invests across Northern England, Northern Ireland and Scotland.

## Parkwalk Advisors
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 6
- Stages: Seed, Series A, Series B
- Focus: Biotechnology, Health Care, Software

Parkwalk is a London-based fund management firm. Parkwalk invests in UK technology companies that have IP backing and freedom to operate, generally spun out of UK universities. Their funds seek to generate capital gains for their investors, enhanced by the attractive tax relief provided by EIS. Parkwalk entered this investment sector in 2009,anticipating a wave of tax-efficient incentives launched by the UK Government to stimulate innovative emerging technology companies and thereby help drive economic growth.Parkwalk utilises academic, technology transfer, venture capital and personal networks developed over many years to gain access to the highest calibre deal-flow. In 2017 Parkwalk joined forces with IP Group plc, a leading intellectual property commercialisation company that is listed on the Main Market of the London Stock Exchange under the ticker symbol IPO. As at March 2019 the combined group has net assets of £1.2bn.

## Business Finland
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 5
- Stages: Seed, Grant
- Focus: Software, Information Technology, SaaS

Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding.

## 468 Capital
- Type: VC Fund
- Relevant deals: 5
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

468 Capital is a Berlin and San Francisco based technology investment firm. We support leading software, AI and internet growth companies across multiple investment stages.

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Software, FinTech

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

## Santo Venture Capital
- Type: VC Fund
- Location: Holzkirchen, Bayern, Germany
- Relevant deals: 4
- Stages: Series A, Series B, Series D
- Focus: Energy, Clinical Trials, Environmental Engineering

Santo Venture Capital GmbH is a venture capital firm founded in 2011 and which operates as a subsidiary of ATHOS Service Gmbh.

## Sky Ocean Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 4
- Stages: Seed, Grant
- Focus: CleanTech, Sustainability, Packaging Services

Sky Ocean Ventures is a bold new creation that will support breakthrough thinking and invest in promising new ideas that will help turn off the plastics tap.They 

## CDP Venture Capital
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

CDP Venture Capital Sgr - National Innovation Fund aims to make venture capital a cornerstone of the country's economic development and innovation, creating the conditions for an overall and sustainable growth of the venture capital ecosystem.

## Lifeline Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Health Care, E-Commerce

Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Information Technology

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## Oxford Science Enterprises
- Type: VC Fund
- Location: Oxford, Oxfordshire, United Kingdom
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Software

Oxford Sciences Innovation is the world’s largest university-partnered venture firm. We work with the University of Oxford to build companies that create fundamental technologies: science-based businesses capable of tackling the planet’s toughest problems. We invest in life science, AI and software, healthcare, and deep tech to create companiestaking on challenges like nuclear fusion, quantum computing and developing treatments and cures for infectious diseases. Founded in 2015, we’ve raised over £600M to create a world-class technology ecosystem, and combine our deep experience with a network of investors, entrepreneurs and sector-experts to find co-investment, build businesses, and hire senior management talent.

## Demeter Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 4
- Stages: Series A, Private Equity
- Focus: Manufacturing, Energy, Electronics

Demeter is a major player in venture capital and private equity for the ecological transition. We invest from €1m to €30m to support companies at all stages of their development: innovative startups, high growth SMEs and infrastructure projects.

## J12
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Machine Learning, Artificial Intelligence

J12 Ventures invests early in innovative companies in the Nordics.

## Vattenfall
- Type: VC Fund
- Location: Solna, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Renewable Energy, Clean Energy, CleanTech

Vattenfall is a leading European energy company and right now we are working towards fossil free living within one generation. Read more about us here

## Sunly
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Solar, CleanTech, Hardware

Sunly creates wind & solar parks by engaging local communities. Also, Sunly boosts cleantech startups via capital, know-how and networks.

## Social Impact Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Biotechnology, Information Technology, Nanotechnology

Social Impact Capital specializes in investments that can deliver top decile returns in addition to a positive social impact. We focus on the "essentials of human need" — energy, water, food, health, environment, education, housing, access to capital, and social justice.We're a finance-first social impact venture capital firm,focusing on early-stage investment (Seed, Series A). We invest in high-growth companies where the driver of the business model is a social good.A top decile early-stage VC, we are a generalist firm with specialist due diligence capabilities: we leverage a broad network of advisors and venture partners with specific domain expertise.For more information about our firm, please contact hello@impcapital.com.

## True Ventures
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Internet

A Silicon Valley-based venture capital firm focused on early stage technology startups. We invest in brilliant people who bring ideas that matter to life.

## QVentures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Software, E-Commerce, Artificial Intelligence

QVentures sources, screens, and invests in top-tier start-ups from Seed to Series B. Our investors consist of Family Offices, Institutional Investors, UHNWIs, and Cashed-out Entrepreneurs. We look for disruptive companies with a proven product-market fit, set to scale from Seed to Series B. We focus on Enterprise SaaS, Marketplaces, Consumer Tech,FinTech, AdTech, EdTech, InsurTech and HealthTech and more. We look for quality management teams, large addressable markets, proven traction, sustainable business models, route to scale and quality investors.To apply for investment, please fill out this short form to be reviewed: https://qventures.typeform.com/to/zZPOWf

## Verdane
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Private Equity, Series A
- Focus: E-Commerce, Software, Information Technology

The preferred growth partner to tech-enabled businesses in Northern Europe.

## NPIF – Mercia Equity Finance
- Type: VC Fund
- Location: Henley In Arden, Warwickshire, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

Mercia Equity Finance is a regional investor that focuses initially on uncovering the hidden value. It uses both of its managed funds and its proprietary capital to invest across four distinct asset classes: venture, private equity, and debt, referred to as their 'Complete Capital Solution’. It aspires to be the first choice for investors,investees, and employees, and, by aspiring to be the first choice, they believe that Mercia will deliver superior returns for business owners, shareholders, and fund investors alike.

## Cassa Depositi e Prestiti
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: CleanTech, InsurTech, B2B

The Cassa depositi e prestiti Group is the national promotional institution that has supported the Italian economy since 1850

## Gimv
- Type: VC Fund
- Location: Antwerpen, Antwerpen, Belgium
- Relevant deals: 3
- Stages: Series B, Private Equity
- Focus: Biotechnology, Health Care, Medical

Gimv is a European investment company with over three decades of experience in private equity and venture capital.Gimv is listed on NYSE Euronext Brussels. Gimv currently manages around 1.8 billion EUR (including third party funds) of investments in 85 portfolio companies, which jointly realise a turnover of more than EUR 6 billion and employover 28,000 professionals.As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial and innovative companies with high-growth potential and supports them in their transformation into market leaders. Gimv’s four investment platforms are: Consumer 2020, Health & Care, Smart Industries and Sustainable Cities. Each of these platforms works with a skilled and dedicated team across Gimv’s home markets of the Benelux, France and Germany and can count on an extended international network of experts.More information on Gimv can be found on [www.gimv.com].

## GO CAPITAL
- Type: VC Fund
- Location: Rennes, Bretagne, France
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Biotechnology, Software, Health Care

GO CAPITAL is a management company approved by the AMF and a member of AFIC. It is based in Rennes, and manages more than 130 million of assets by investing primarily in western France in innovative companies with high growth potential.

## Cambridge Angels group
- Type: VC Fund
- Location: Cambridge, Cambridgeshire, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Health Care, Biotechnology

The Cambridge Angels are a group of high-net worth investors who have proven experience as successful entrepreneurs in internet, software, technology and bio-technology. Members invest in and mentor high quality start-up and early-stage companies in these sectors in the Cambridge (UK) area and throughout the UK.Typical funding requirements thatthe Cambridge Angels meet are in the range of £50,000 to £500,000 - although it is worth noting that several of their portfolio companies have received more than £1m in funding from their Members over several funding rounds.Their Members have been responsible for a large number of the “Cambridge Phenomenon” success stories over recent years. Therefore, in addition to providing funding for early-stage companies, the Cambridge Angels also offer start-ups the considerable benefit of a wide range of expertise, contacts and directly relevant experience in establishing and growing entrepreneurial businesses successfully.

## TrueSight Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Financial Services, FinTech

TrueSight Ventures is a venture capital firm investing in pre-seed and seed deals.

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey.

## Norrsken VC
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Food and Beverage, Health Care

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

## Picus Capital
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, FinTech, Software

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.

## Iberdrola
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: Solar, Manufacturing, Energy

IBERDROLA, S.A., together with its subsidiaries, engages in the production, switching, and distribution of electricity and gas worldwide. It generates electricity primarily through nuclear, fossil-fuel, and hydroelectric power. The company also engages in retail of electricity under the tariff systems. In addition, IBERDROLA generateselectricity from renewable energy sources, as well as engages in the gas storage, and electricity and gas supply activities. Further, it provides telecommunications services, as well as engineering, consulting, and information technology services. Additionally, the company engages in real estate and other related activities. As of September 30, 2008, it distributed electricity to 10 million customers in Spain, 3.5 million customers in the United Kingdom, and 9 million customers in Latin America.

## Climentum Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: CleanTech, Clean Energy, Biotechnology

A Venture Capital firm investing into European early-stage tech companies attacking CO2 emissions

## Saltwater Capital
- Type: VC Fund
- Location: Mill Valley, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: SaaS, Software, CleanTech

Saltwater is a holding company for owned and operated businesses as well as investments, founded by Ryan Graves.

## Seaya
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Internet, Financial Services, FinTech

Seaya Ventures is a Spanish venture fund investing in early and growth-stage Internet and technology-enabled companies in Spain and Latin America. The firm seeks to transform early and growth-stage companies into category leaders, with a focus on innovative businesses that require growth or expansion capital and can build lasting value.Itsinvestments are focused on products and services that facilitate the migration to a digital world such as digital marketplaces, consumer and internet media, consumer and mobile media, enterprise, and consumer software and services, and Payment: Internet and Mobile.

## MSM
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Software, B2B

MSM is an early-stage generalist impact fund that invests all across Europe.

## Crowdcube
- Type: VC Fund
- Location: Exeter, Devon, United Kingdom
- Relevant deals: 2
- Stages: Equity Crowdfunding, Convertible Note, Seed
- Focus: FinTech, Financial Services, Food and Beverage

Whether you're a beginner or an experienced investor, we make it simple to buy and sell shares in Europe's most exciting high-growth businesses.

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

## Lupa Systems
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Media and Entertainment, Big Data, Machine Learning

Lupa Systems is a private investment company founded in 2019.

## Santo Holding
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Series B, Series C
- Focus: Biotechnology, Energy, Medical

Santo Holding is a Zurich-based investment firm funding biotechnology, pharmaceutical, life sciences, and healthcare companies.


## Finance.Brussels
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, CleanTech, Information Technology

Regional Investment Company of Brussels

## 123Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Computer, Biotechnology

123 Venture offers funds of funds to both institutional investors as well as individual investors. 123Venture has successfully built a network of leading private equity managers in France and Europe.
123Venture also invests directly in companies, typically alongside other private equity fund managers (co-investments) with whom they have made fundinvestments.
If you are an institutionnal investor, you can have access to our know how through our funds of funds or through managed accounts. 123Venture’s dedicated programs can be tailored to meet a broad range of client-defined objectives.

## Trind Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Analytics

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

## seed + speed Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

Empowering visionary founders with pre-seed and seed funding for B2B software innovation. Partner with us to turn your aspirations into thriving businesses. Our expert support ensures your journey to success.

## Astanor Ventures
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Agriculture, Food and Beverage, Biotechnology

We help the ambitious build a food system that is nourishing, regenerative, scalable, trusted and produces delicious food for all.

## Funderbeam
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Apps, FinTech, Software

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

## KFW DEG
- Type: VC Fund
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Debt Financing, Grant
- Focus: Financial Services, Finance, Banking

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

## Vsquared Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series C
- Focus: Artificial Intelligence, Software, Manufacturing

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

## SFO
- Type: VC Fund
- Location: Weingarten, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: B2C, Pet, CleanTech

SFO is an entrepreneur from the start-up environment and medium-sized companies. SFO offers complementary expertise, reliable capital, and an effective network.

## Jenson Funding Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Software, Artificial Intelligence, Marketplace

Invest in Jenson EIS & SEIS Funds. Supporting Growth Capital. Diverse Portfolio of investment. Deployment in current tax year.

## better ventures
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Software, Environmental Consulting, Advanced Materials

At better ventures we invest in early-stage founders who aim to change our world for the better.

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