News Briefs

Speedinvest launches fund to support European climate tech start-ups

Pan-European early-stage investor Speedinvest announces an €80m Climate & Industry Opportunity fund to provide support for its existing sustainability-oriented portfolio companies.

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Early-stage investor Speedinvest has announce an €80 million (US $90.6 million) Climate & Industry Opportunity fund to primarily support its existing sustainability-oriented start-ups. The fund will also back non-portfolio start-ups focused on European industry’s efforts to digitize and decarbonize, the firm said. Speedinvest said it has already invested in two follow-on rounds from the fund, including a €40 million Series B round in mid-November in Packhelp, a Warsaw-based bespoke packaging platform.

Source: Speedinvest blog post