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
Arch Venture Partners secures over $3bn for Fund XIII
TLDR: Arch Venture Partners has raised over $3 billion for Fund XIII. Investors in the fund include Alaska Permanent Fund and Rockefeller Brothers Fund. In a recent development, Arch Venture Partners has
Raising Your First Venture Fund: Tips for Success
TLDR: Samir Kaji, a seasoned venture capital professional, shares a six-point plan for raising a venture fund as a first-time fund manager. Key steps include staying focused on a niche, not worrying
Exploring China’s Quantum Computing Breakthrough and VC Trends
TLDR: ONCO stock surged over 80% in pre-market after Altos Venture acquired a stake Chinese low float stocks like DUO rose over 40% in sympathy with large caps Summary: The article discusses
The Blindspot: Venture Capitalists’ Go-To Tool with Fatal Flaw
TLDR: Nader Al-Naji, founder of Bitclout, was arrested for an alleged crypto scam involving VC giant Andreessen Horowitz as a victim. VCs’ pattern matching led them to invest in Al-Naji despite red
Korean startups seek corporate investors in challenging ecosystem climate
TLDR: Korean startups are seeking corporate investors as funding becomes harder to secure. The government in South Korea has relaxed CVC rules to attract more foreign investment. Korean startups are facing a