Tallinn-based venture capital firm 2C Ventures has launched a €50m ($56m) fund to support early-stage cleantech companies in Estonia and the wider Nordic region. The fund, which will be anchored by government-owned venture fund SmartCap, plans to invest in research-intensive startups working on renewable energy and waste reduction projects. The fund will provide initial funding of between €250,000 and €1m to selected companies, with the possibility of substantial follow-on investments in subsequent rounds of funding. The aim is to accelerate the development of cleantech solutions in the Baltic and Nordic regions and help Estonia become a leader in addressing climate change.
Revving Up Clean Energy: 2C Ventures Fuels Nordic Cleantech Leap
Latest from Blog
Venture Capital Boom: AI Startups Revolutionizing Healthcare Funding
TLDR: Healthcare AI startups have raised about $60 billion in venture capital funding over the past decade. Only over 5% of companies selling to health systems have matured beyond seed and early-stage
Decrease in Private Market Funding in Second Quarter
TLDR: Bloomberg article addresses the issue of unusual activity detection in computer networks. Readers are prompted to confirm they are not robots by clicking a box. Bloomberg recently published an article discussing
Impact Founder’s $250M Raise: VC Insight and Outlook
TLDR: Key Points: Bloomberg article addressing unusual activity detection on computer networks prompting users to verify they are not robots. Inquiries related to the message can be directed to the support team
Top 10 Biotech and AI Funding Rounds of the Week
TLDR: Big week for biotech and AI funding rounds Top 10 funding rounds highlighted The past week saw significant funding rounds in the biotech and AI sectors, with two notable nine-figure rounds
AI Startup World Labs Secures $230M Funding from Top Investors
TLDR: – AI startup World Labs launched with over $230 million in total funding led by Andreessen Horowitz, NEA, and Radical Ventures. – Co-founded by Fei-Fei Li, World Labs aims to enhance