TLDR:
- World Fund, a Berlin-based climate tech venture capital firm, has closed a €300M first fund.
- Backers included EIF, KfW Capital, Wachstumsfonds, BPI France, PwC Germany, NRWbank, Ignitis Group, and several pension funds.
World Fund, a Berlin-based climate tech venture capital firm, has announced the closure of its first fund totaling €300M. The fund attracted a diverse group of backers, including EIF, KfW Capital, Wachstumsfonds, BPI France, PwC Germany, NRWbank, Ignitis Group, and a number of pension funds such as the UK Environment Agency Pension Fund, Wiltshire Pension Fund, Erste Plavi, and Ecosia.
This significant capital injection will enable World Fund to further its mission of supporting and investing in innovative climate tech startups. The fund’s backers bring a wealth of experience and resources to the table, positioning World Fund for success in the competitive venture capital landscape.
For more information on this funding round and other developments in the tech venture capital industry, readers can visit VCWire.tech, a dedicated website covering the latest news and deals in the sector.
