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World Fund

Climate love

300 MEUR to World Fund! A record amount for a first-time climate VC in Europe

European venture capital firm World Fund, which invests in start-up firms producing technologies that tackle climate change and protect the environment, said it had raised 300 million euros ($328 million) for its first fund.
The Berlin-based firm World Fund said subscribers for this included the EU's European Investment Fund, BPI France, PWC Germany and the UK's Environment Agency Pension Fund.
Many financial firms have put money into sectors dealing with climate change, due to persistent concerns over global warming and the environment.
The first fundraising for World Fund comes amid a broader backdrop of lower investments in the global private equity sector as a whole, due to global economic uncertainty.
PWC said in a report last October that investment and grants in climate tech startups had fallen by roughly 40% over the last 12 months, although that decline was less than in the broader venture capital industry globally.
"We will work to ensure that our fund demonstrates to the world that successful investments and positive climate impact go hand-in-hand. In this way, we hope to provide a service to the entire climate investment sector," said World Fund managing partner Danijel Visevic in a statement.*
This is great. Exactly what we need. let's #MoveTheMoney to the funds that solve the climate crisis.
Picture from my interview with World Fund, General Partner & Co-Founder, Danijel Visevic Interview - Davos 2024. Watch it here:



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  • We Don't Have Time

    2 w

    Dear Ingmar Rentzhog Your climate love has received over 50 agrees! We have reached out to World Fund by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

    1
    • Jane Wangui

      3 w

      This is quite encouraging and promising..we believe we'll all achieve alot as time goes by and make a difference on our planet.

      5
      • Boniface Kuria

        3 w

        Such large investment by large financial institutions is really encouraging. If this trend continues, it means that we will be able to #MOVE THE MONEY

        3
        • Rashid Kamau

          3 w

          The accelerating threat of climate change raises the urgency of commitment to climate transition.The world fund stands as credible in matter fostering real sustainability.

          2
          • Gorffly mokua

            3 w

            Great! This record-breaking amount will enable World Fund to make a real impact and support innovative startups that are working on sustainable solutions.

            2
            • George Kariuki

              3 w

              Fantastic news! World Fund's record-breaking 300 MEUR raise for climate-focused startups is a significant step towards combating global warming and environmental degradation. It's inspiring to see financial firms prioritizing investments that align with sustainability goals, especially amid economic uncertainty.

              2
              • Gorffly mokua

                3 w

                @george_kariuki I agree, it's great news to see financial firms committing to investments that support climate action and sustainability goals..

                1
              • walter lungayi

                3 w

                This record-breaking amount underscores the growing importance and interest in supporting climate-focused initiatives within the investment community. We hope for more investment in the future.

                3
                • Gorffly mokua

                  3 w

                  @walter_lungayi Absolutely, it's encouraging to see growing interest & investment in climate-focused initiatives, & we hope to see more of this action in the future.👏👏

                  1
                • Princess

                  3 w

                  This is a remarkable achievement and a promising step towards fostering sustainability and environmental stewardship.

                  8
                • Munene Mugambi

                  3 w

                  You have previously been a big advocate for moving the money and I think this is the start of a beautiful revolution of investing in climate related projects. Now to see the projects that will be accomplished with such enormous funds and how they positively affect the planet and the people who need it the most.

                  10
                  • Gorffly mokua

                    3 w

                    @munene_mugambi Agree,. this level of investment in climate-related projects has the potential to drive significant positive change for the planet and for communities that are most impacted by climate change...

                    1
                  Welcome, let's solve the climate crisis together
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