Rubio Impact Ventures closes its second impact fund

The Amsterdam-based firm closes their second impact fund at €110m.

Fund: Rubio Fund II
Amount raised: €110 million
Stage of fundraising: Final close
Predecessor fund: Social Impact Venture Fund I (€40.6 million)

Rubio Impact Ventures has announced a final close on its second impact vehicle, Rubio Fund II at €110 million, exceeding its initial target by nearly 40 percent. The venture firm now manages €150 million of impact capital, four times more than it did this time last year.

Capital raised from Social Impact Venture Fund I was invested in 11 companies. Rubio now plans to fund more than 30 impact-focused companies and businesses from the capital raised from Rubio Fund II.