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

Tags: social tech web
DATE POSTED:March 21, 2024

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.  “We look for founders building companies and technologies with the potential to scale, deliver significant cuts in CO2 emissions, and power systemic change,” Danijel Visevic, managing…

This story continues at The Next Web
Tags: social tech web