sustainability

LPs include Renault Group, BNP Paribas Group, Bpifrance, European Investment Fund, Edenred, PSA Ventures, ComfortDelGro, Capricorn and Candriam.

The global VC firm analyzed the relationship between ESG outperformance and VC funding success within its portfolio.

Venture capital is a close third behind growth and buyouts for LPs looking for impact, according to Rede Partners’ survey of 80 institutional investors.

SET Ventures, a Dutch venture capital firm focused on sustainable technologies, raised €200 million for its fourth fund.

The venture capital firm invests in pre-Series A technology companies in the agriculture and food supply chain.

Forbion, a life sciences venture capital firm, has held a first close on €75m for Forbion BioEconomy Fund I, which is targeting €150m.

The company behind novel food products such as the mammoth meatball and quail parfait appeals to investors because it has no intention of replacing conventional meat.

The new fund, backed by European Investment Fund, Ikea Foundation and Convex, among others, is one of four ocean-focused funds that have raised a combined $647m.

Pelican is targeting a return of 4x capital and plans to back between 20 and 30 companies across pre-seed, seed and Series A rounds.