Sector
CleanTech & Sustainability VC Funds
Venture capital funds investing in clean technology, sustainability, environmental solutions, and green energy startups.
Urban Impact Ventures is a Dutch profit-with-purpose impact venture capital firm founded in 2020 and headquartered in Rotterdam, the Netherlands, operating with an international Bulgarian-Dutch team. The fund is on a mission to improve urban quality of life across Europe, blending capital with deep expertise in investing, innovation, impact entrepreneurship and sustainable urban development. It concentrates on two core themes within the urban environment, decarbonization and circularity, targeting the funding gap for the sustainable transformation of small and mid-sized cities and backing entrepreneurs who apply technology to urban infrastructure. Alongside attractive financial returns, the firm explicitly aims for a material net-positive contribution to the UN Sustainable Development Goals, and it backs innovative, scalable early- and expansion-stage businesses that accelerate the urban sustainability transition, generally as a co-investor. Urban Impact Ventures was founded by Hans van Houwelingen, former CEO of ACTIAM NV, a leading sustainable and impact asset manager with around EUR 65 billion in assets; its team of about 12, including three partners, also features venture partner Korstiaan Zandvliet, known for work on European liveability, social ventures and urban food solutions. Its first fund, UIV Fund I, targeted total commitments of EUR 30 million to roughly EUR 50 million. Portfolio companies include rooftop wind-and-solar energy firm IBIS Power, its most recent disclosed deal in August 2024, smart-mobility and fare-collection software company Modeshift, and hyperloop developer Hardt. By focusing on decarbonization and circularity in small and mid-sized European cities, Urban Impact Ventures backs the technologies improving urban quality of life.
Urban Innovation Fund, founded in 2016 and based in San Francisco, focuses on investing in early-stage companies that enhance the livability, sustainability, and economic vitality of cities. The fund supports startups at the pre-seed and seed stages across various sectors including transportation, climate tech, proptech, edtech, fintech, public health, civic tech, and food systems. Notable investments include Electriphi, a software company for electric fleet management acquired by Ford, and codeSpark, an educational platform teaching kids to code, which was acquired by BEGiN. Other significant investments are BookNook, a tutoring platform for improving reading skills, and Jeeves, a global payment network for small businesses that has recently seen its valuation rise to $2.1 billion. The fund, co-founded by Clara Brenner and Julie Lein, provides not only capital but also regulatory support to help entrepreneurs navigate complex urban challenges. Their portfolio reflects a commitment to tackling key issues facing urban areas today, from sustainable finance to community health.
V1.VC is a venture capital firm based in Boulder, Colorado, founded in 2015. The firm specializes in early-stage investments in internet, B2B software, consumer, financial, crypto, and deep tech companies across North America. V1.VC focuses on being patient, long-term capital partners for ambitious founders, leveraging their experience as current and former operators to support startups from initial stages to successful exits. Co-founded by Brett Jackson and Benny Joseph, V1.VC aims to be the most supportive investor in a founder’s journey. Brett Jackson brings extensive experience from roles at AVX Aircraft and Crocs, while Benny Joseph is known for his tenure as CTO at Allbirds and his role in founding GoodApril, which was acquired by Intuit. V1.VC has a diverse portfolio that includes notable companies like Allbirds, DoorDash, and OpenSea. They have made over 86 investments and have achieved 27 exits. The firm is dedicated to helping startups navigate the critical early stages of development and scale successfully. The team at V1.VC emphasizes a collaborative approach, working closely with startups to provide strategic guidance, resources, and connections to ensure their growth and success in the competitive market.
Valar Ventures, co-founded by Peter Thiel, Andrew McCormack, and James Fitzgerald, has made a significant mark in the venture capital world by focusing on fintech startups with a global reach. Notable investments include Wise, Xero, Petal, N26, and Stash, highlighting their commitment to backing transformative financial technology companies. These investments demonstrate Valar's ability to identify and nurture groundbreaking startups. The firm primarily invests in early-stage companies, often leading funding rounds with checks ranging from $1M to $10M. Their geographic focus spans North America and Europe, allowing them to tap into diverse markets and innovative ecosystems. This strategic approach ensures they are well-positioned to support startups poised for international growth. Valar Ventures operates with a clear investment strategy: they seek out companies with innovative fintech solutions that have the potential to disrupt traditional financial services. They are known for their hands-on approach, providing not just capital but also strategic guidance to help their portfolio companies scale effectively. The team, based in New York, brings deep fintech expertise and a strong network, which is invaluable to the startups they invest in. Founders looking to partner with Valar should present a clear, innovative fintech proposition with a strong potential for transformative impact. Valar Ventures is particularly interested in businesses that can demonstrate a solid growth trajectory and a compelling vision for the future of finance.
Valo Ventures is a thesis-driven venture capital firm based in Palo Alto, California, that invests in companies addressing global challenges such as climate change, resource scarcity, and inequality. The firm focuses on three main areas: digitization, decarbonization, and adaptation. Valo Ventures targets early to growth-stage companies in North America and Europe, seeking to create a positive environmental and social impact while generating competitive financial returns. Their portfolio includes companies like XGS Energy, ARRIS, and Boston Materials, which leverage advanced technologies to tackle significant issues such as renewable energy, sustainable materials, and carbon reduction. Valo Ventures prides itself on fostering partnerships based on trust, reciprocity, and shared values, emphasizing the importance of diversity and long-term impact.
Valor Capital Group, founded in 2011, is a cross-border venture capital firm that focuses on bridging the US, Brazilian, and Latin American tech markets. Headquartered in New York, with significant operations in São Paulo, Valor Capital Group invests across various stages from seed to growth. Their portfolio spans multiple sectors, including fintech, B2B, consumer services, and technology. Some of Valor Capital Group's notable investments include companies like Nextdoor, Rubicon, and Satellogic. They have had a number of successful exits, with companies such as Udacity and Bitso achieving significant milestones. Valor Capital Group is known for supporting innovative startups like CloudWalk, which has achieved centaur status with over $300 million in annual recurring revenue, and Loft, valued at $2.9 billion as of April 2021. The firm’s team includes co-founders Clifford Sobel and Scott Sobel, with key partners like Michael Nicklas and Carlos Costa. They bring a wealth of experience and a robust network to their investment strategy, focusing on driving local innovation through global insights. Valor Capital Group’s unique cross-border approach and extensive portfolio underscore their commitment to fostering growth and innovation in emerging markets, particularly within the tech ecosystem of Brazil and Latin America.
Valor Equity Partners, founded in 1995 and based in Chicago, is a leading private equity firm specializing in operational growth investments. The firm strategically invests across various stages of company development, with a keen focus on technology sectors. Valor Equity Partners is renowned for its hands-on approach, working closely with portfolio companies to enhance growth and scalability. The firm's notable investments include SpaceX, a pioneer in aerospace; Gopuff, an on-demand convenience delivery service; Misfits Market, a direct-to-consumer grocery delivery provider; and Zipline, a company revolutionizing autonomous drone delivery systems. Valor's investment strategy emphasizes providing strategic and operational support, ensuring that portfolio companies can achieve substantial growth. Valor Equity Partners manages multiple funds, with their recent Fund V closing at $1.7 billion, underscoring their strong position in the private equity market. The firm's ability to attract significant capital commitments highlights investor confidence in their strategic approach and track record of success. Key team members include founder and CEO Antonio Gracias, who brings extensive experience and leadership to the firm. Valor's team is known for its deep industry knowledge and commitment to driving operational excellence within their portfolio companies. This combination of strategic investment and operational support positions Valor Equity Partners as a pivotal player in fostering innovation and growth within the technology sector.
Vamos Ventures is a Los Angeles-based venture capital firm dedicated to investing in diverse founders, particularly from the Latinx community. Founded by Marcos Gonzalez in 2018, Vamos Ventures focuses on early-stage, tech-driven companies with the potential for high financial returns and significant social impact. The firm's primary investment sectors include Health & Wellness, Future of Work, FinTech, and Sustainability. Notable investments in their portfolio include Form Energy, a company revolutionizing energy storage; Suma Wealth, a fintech platform focused on financial inclusion for the Latinx community; and SweetBio, a health and wellness startup innovating in wound care. Vamos Ventures' mission is to create alpha and impact by funding disruptive solutions led by Latinx and diverse founders. The firm emphasizes the importance of community empowerment, social mobility, and representation in the tech ecosystem. They are supported by notable partners such as Apple, Bank of America, and the Ford Foundation.
Van Wagoner Ventures is a San Francisco-based venture capital firm led by Managing Member Garrett Van Wagoner, operating as a late-stage and early private-equity crossover investor focused on the transformation of the global transportation grid. The firm's mission is to lead the financing of what it calls the Fourth Generation Industrial Revolution by backing companies building a cleaner, more sustainable, connected and intelligent transportation ecosystem across land, sea and air, through mobility-connected technology spanning connected services, telematics and logistics, alternative fuels, infrastructure support and smart-grid solutions powered by AI and IoT. Its vehicles include the Silicon Valley Associates Impact 1 Fund, which began marketing in 2016 with a US$250 million target and a socially-responsible-investing mandate centred on green transportation and renewable power infrastructure, and the VW Crossover Fund III Transportation Infrastructure Fund; in July 2017 Van Wagoner Ventures acquired Silicon Valley Venture Group and its predecessor Silicon Valley Associates in an all-equity transaction. Garrett Van Wagoner brings a long public-markets pedigree: he began as an equity analyst in 1978, spent 1982 to 1993 at Bessemer Trust, founded the Van Wagoner Funds mutual fund family, won the Lipper Performance Achievement Award five times, and earlier deployed $340 million across 54 companies in a 1997-vintage crossover program. The earlier Van Wagoner Capital Management, an SEC-registered adviser since 1995, reached a 2004 SEC settlement over the valuation of private securities held by the Van Wagoner Funds. Today Van Wagoner Ventures focuses on financing the clean, connected and intelligent transformation of global transportation.
Vanagon Ventures is a Munich-based pre-seed and seed venture capital firm founded in 2023 by Sandro Stark, Susanne Fromm and Axel Roitzsch to back AI-native and DeepTech founders across three themes, Industrial, Nature and Digital Infrastructure. The firm targets B2B startups at the pre-seed stage that tackle system-level challenges and build entirely new categories enabled by AI and deeptech, deliberately favouring companies whose development paths go beyond traditional software-as-a-service. Its sector scope spans deeptech, artificial intelligence, advanced manufacturing, future materials, geospatial intelligence, next-generation computing, industrial technology and eco-fintech. In January 2026 Vanagon announced the final close of its EUR 20 million inaugural Fund I, anchored by Allocator One, which is designed to act as the first institutional or lead investor in pre-seed AI and DeepTech companies across Europe, writing checks of up to roughly EUR 500,000 and aiming to build a portfolio of around 30 companies to help fill Europe's deeptech pre-seed funding gap. The three general partners bring complementary backgrounds: Axel Roitzsch is a serial entrepreneur who has taken companies through full growth cycles, Sandro Stark is a former Microsoft strategist who also co-founded a parametric climate-insurance startup, and Susanne Fromm is an INSEAD MBA with 15 years of corporate innovation, strategy and tech-investment experience. Early portfolio companies include Holy Technologies, ExoMatter and The Landbanking Group, alongside ventures in glass-based data storage, AI-powered visual inspection and AI-driven demand forecasting. By acting as a first institutional investor, Vanagon Ventures backs European AI and deeptech founders at the pre-seed stage.
Vanedge Capital is an early-stage venture capital firm with offices in Vancouver and Silicon Valley. Founded by experienced technology entrepreneurs, the firm focuses on investing in companies that leverage deep technology and innovative solutions in areas such as hard tech, artificial intelligence, and analytics. Vanedge Capital aims to help visionary technologists build and scale their businesses through capital investment, operational expertise, and a robust network of industry connections. The firm has $390 million under management and has developed a repeatable investment process refined over a decade to deliver superior returns. Their portfolio includes a diverse range of companies such as Canalyst, Cogniac, and Echodyne, each known for their groundbreaking technologies and market impact. Key team members include Moe Kermani, who has extensive experience in cloud computing and machine intelligence, and Amy Rae, who focuses on SaaS businesses and applied analytics. The team provides hands-on support to their portfolio companies, helping them mitigate execution risks and attract follow-on capital from top-tier co-investors.
Vast Ventures is a venture capital firm that focuses on investing in disruptive companies with a global impact. Founded in 2004 by Doug Chertok, the firm is headquartered in New York, New York. Vast Ventures has a diverse portfolio, investing in sectors such as healthcare, finance, AI, cloud software, and sustainability. They have a strong track record with notable investments in companies like Sweetgreen, Conductor, and Clover Health. The firm's investment strategy centers on fostering innovation and supporting entrepreneurs who aim to create significant positive change. They emphasize long-term partnerships, providing not just capital but also strategic guidance and support to help their portfolio companies grow and succeed. Vast Ventures is managed by a team of experienced professionals, including Doug Chertok, Aniq Rahman, and Talia Zapolanski. The team leverages their extensive backgrounds in finance, entrepreneurship, and venture capital to help startups navigate the challenges of early-stage growth. For startups seeking investment, Vast Ventures is particularly interested in companies that aim to improve health and happiness, promote resource sustainability, increase human potential and productivity, and foster knowledge and empathy. They prefer to lead investment rounds and take active roles in the development of their portfolio companies.
Venrock, a venture capital firm born from the Rockefeller family’s pioneering investments, focuses on early-stage companies in healthcare and technology. Its portfolio features high-profile companies like Apple, Intel, and more recently, businesses such as Illumina, and Cloudflare. Venrock operates primarily in the U.S., with offices in Palo Alto, New York, and Cambridge, emphasizing innovation-driven startups. Venrock’s investment strategy targets disruptive ideas in digital health, biotech, enterprise software, and cybersecurity. They prioritize early-stage investments, often leading seed and Series A rounds with checks typically ranging from $5M to $10M. The firm’s disciplined approach includes follow-on investments, ensuring sustained growth. Venrock tends to stay hands-on, offering strategic guidance rather than merely financial support, particularly in sectors with complex technical or regulatory landscapes. With recent funds like Venrock 10, a $650M pool, the firm is increasingly active, especially in biotech and digital therapeutics. Founders should note that Venrock values data-driven pitches and prefers founders with strong domain expertise. Partner Bryan Roberts, a key figure, exemplifies Venrock’s deep involvement in healthcare innovation, while other partners like Brian Ascher are notable for their tech focus. For startups, the ideal approach to Venrock involves showcasing clear scalability and a transformative market vision. Venrock’s long-standing reputation for backing groundbreaking companies is cemented by its proactive role in nurturing bold ideas that shape the future.
Venture Kick, a leading philanthropic initiative in Switzerland, has been instrumental in supporting early-stage startups since its inception in 2007. The program provides up to CHF 150,000 in pre-seed funding through a structured, three-stage process, aimed at helping science-based startups transition from innovative concepts to market-ready businesses. With a portfolio of over 1,000 supported startups, Venture Kick has contributed significantly to the Swiss startup ecosystem. Their efforts have led to the creation of more than 13,300 jobs and attracted over CHF 8 billion in investments. Notable successes from their alumni include Climeworks, a leader in direct air capture technology, which recently raised CHF 600 million to scale its operations, and YASAI, a vertical farming company that has secured investment from the Bell Food Group to boost its growth. The foundation’s focus spans various high-tech sectors, including ICT, life sciences, cleantech, and advanced manufacturing. In 2023 alone, Venture Kick reviewed 781 applications and supported 118 projects, demonstrating its robust selection process and broad industry impact. The initiative aims to scale its model further, with ambitious goals of supporting 3,000 high-tech companies and creating 100,000 jobs by 2033.
Venture Stars is a Munich-based venture capital firm founded in 2014 that focuses on early-stage investments in innovative digital B2C and B2B business models. The firm evolved from a company builder and incubator, having co-founded market-leading startups, with multiple ventures individually scaling past EUR 200m in revenue and EUR 20m in annual profit while collectively securing more than EUR 200m in funding, into a fund managed by serial internet entrepreneurs. Today it runs its third fund and typically writes initial tickets of EUR 500k to EUR 2m, investing up to roughly EUR 4m in total per company, concentrated at the pre-seed and seed stages, and it is willing to lead. Venture Stars prioritizes sectors including consumer, SaaS, fintech, healthcare, energy and climate, and AI. Reflecting its incubator roots, the team works very closely with founders, offering not just capital but hands-on know-how, network and operational manpower across strategy, organizational development, financing and exit. The firm is led by Managing Partners Florian Calmbach and Martin Junker, with Raphael Budday serving as Investment Manager. Portfolio companies include AlphaPet, a technology-driven premium pet-food brand platform now in exit stage, CyberDesk in identity-centric data security, DaphOS in healthcare decision support, Freshflow in AI-powered replenishment for food retailers, MARCLEY in solar solutions for apartment blocks, Momentum Transfer, nunc. in premium coffee systems and OTARK in certified green energy trading. By combining capital with company-building experience and operational support, Venture Stars backs early-stage digital B2C and B2B founders across Germany and Europe.
Venture Studio from Crisis is the award-winning impact investment arm of Crisis, the UK national homelessness charity, launched in 2020 and based in London. It invests in and supports startups developing innovative solutions to homelessness and the housing crisis, using philanthropic capital to provide equity funding to businesses that can help end homelessness for those experiencing it or prevent it from happening in the first place, driving efficiency and affordability in housing. Beyond capital, the studio offers founders access to subject expertise, a test bed with experts-by-experience, and a range of technical, business and product support, and it is willing to lead. Its investment focus spans UK-based proptech, geospatial and 'plantech' planning-technology startups tackling the causes or consequences of homelessness, as well as modular and affordable housing and ethical fintech. To date it has backed around eight companies, including Agile Homes, which builds low-carbon, rapidly built affordable homes; Pfida, offering ethical, interest-free financial products and debt-free homes; Bridge Housing Solutions, matching people in temporary accommodation with available social housing; Urban Intelligence, a data-and-planning tool helping local authorities prioritise housing sites; and Husmus, a fintech making private-sector renting fairer, whose Crisis seed funding helped unlock further investment from Innovate UK and Google. The studio is raising a £20m philanthropic fund, 'This Venture Fund Ends Homelessness,' to invest in more than 70 startups over roughly a decade. By deploying charitable capital into housing and homelessness solutions, Venture Studio from Crisis backs founders working to end and prevent homelessness.
Ventures Platform is a leading Pan-African venture capital firm, renowned for its founder-friendly approach and substantial investments in tech-driven startups. With notable portfolio companies like Paystack, PiggyVest, and Remedial Health, Ventures Platform has a keen focus on fintech, health tech, edtech, and agritech sectors. Their geographic focus spans across Africa, targeting high-growth potential in emerging markets. The fund's investment strategy is characterized by early-stage investments, usually taking the lead in funding rounds, with average check sizes ranging from $50K to $500K. Ventures Platform emphasizes a hands-on approach, offering extensive portfolio support through their Platform and Networks team. This includes market analysis, ecosystem engagement, and strategic communications to ensure their portfolio companies scale successfully. To approach Ventures Platform, startups are encouraged to demonstrate innovative solutions with clear market potential, preferably in sectors aligned with the fund's focus. Building connections through ecosystem events and demonstrating strong growth metrics can significantly enhance the chances of securing investment.
VentureSouq is a dynamic venture capital firm based in Dubai, specializing in early-stage investments with a focus on FinTech and ClimateTech. Launched in 2013, VSQ has become a cornerstone of the MENA region’s entrepreneurial ecosystem, managing over 200 investments globally. Key investments include high-profile companies like Tabby, Sary, and Huspy, demonstrating their commitment to fostering innovation in diverse markets. VSQ targets sectors such as financial technology, climate technology, edtech, and digital media, emphasizing solutions that address critical economic, environmental, and societal issues. Their strategic focus includes sub-sectors like alternative proteins, carbon economy, energy storage, and supply chain technology, aligning with their mission of conscious investing. Geographically, VentureSouq invests across MENA and Pakistan, with notable ventures in the UAE, Saudi Arabia, Egypt, and Pakistan. Their regional approach is complemented by a global perspective, reflecting their expansive investment reach. VSQ's investment strategy revolves around thematic funds, aiming to support transformative tech startups from seed to growth stages. They actively lead funding rounds, often with substantial follow-on investments, and leverage their extensive network to propel startups toward significant milestones. Their portfolio management is hands-on, providing operational support, strategic guidance, and valuable industry connections. The leadership team includes co-founders Sonia Gokhale, Tammer Qaddumi, and Sonia Weymuller, all bringing a wealth of experience from various prestigious financial institutions. Their diverse backgrounds and deep sector expertise underpin VSQ's robust investment framework.
Verdane is a specialist growth investment firm focused on tech-enabled and sustainable businesses across Europe. Founded in 2003, Verdane has raised nine funds and several co-investment vehicles, with total commitments exceeding €6 billion. The firm invests in both single companies and portfolios, targeting two core themes: digitalization and decarbonization. Notable investments include Babyshop, Banqsoft, Baum und Pferdgarten, Bellman Group, and Bemz. Verdane's flexible investment approach allows for both minority and majority stakes, supporting companies through growth capital and strategic guidance. Their portfolio spans diverse sectors such as B2B software, consumer digital services, and green technology. Verdane operates from seven offices across Europe, including Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm. Their in-house team of over 130 professionals provides deep sector expertise and hands-on support to help portfolio companies scale and achieve market leadership. In recent years, Verdane has been recognized for its performance, notably being named the top-performing mid-market investor in Europe in 2022 by HEC-Dow Jones. The firm is also a certified B Corporation, ensuring its investments align with high sustainability standards.
Verissimo Ventures is a pre-seed and seed stage venture fund investing in technology startups across Israel, the US, and Europe. The firm focuses on backing founders who aim to solve significant problems using cutting-edge technology. Verissimo Ventures is particularly interested in vertical software, operational software, and engineering & infrastructure software, along with innovative business models targeting emerging and large markets. Founded by Alex Oppenheimer, Verissimo brings a hands-on approach from day one, helping portfolio companies turn finance and operations into strategic assets. The team’s background spans operational finance, technology leadership, and R&D, with experience in guiding companies from founding stages through to IPO and M&A exits. This extensive experience allows them to provide invaluable support to their portfolio companies at every growth stage. The fund's portfolio includes companies such as Causal, Rossum, and Trullion, among others. Founders have praised Verissimo for their deep operational expertise, network, and strategic support, which have been critical in helping startups navigate early-stage challenges and achieve significant milestones.
Version One Ventures is a venture capital firm that focuses on backing mission-driven founders at the earliest stages of their ventures. Established by Boris Wertz and Angela Tran, the firm is based in Vancouver and San Francisco. Version One invests in a diverse range of sectors, including SaaS, marketplaces, crypto, and climate/energy. Notable investments include companies such as Coinbase, Ada, Shippo, Uniswap, and Jobber. The firm has a reputation for identifying high-potential opportunities early, having successfully invested in vertical SaaS in the early 2010s, crypto since 2016, and climate tech starting in 2020. Version One Ventures is driven by a core belief in supporting founders who are creating transformational change and new market categories. They seek out opportunities that might seem fringe or emerging but have the potential to lead and define new industries. This approach has led them to invest in areas like AI, VR/AR, and hardtech/biotech.
Vertex Ventures is a global network of venture capital funds with a focus on early-stage investments across various innovation hubs, including China, Israel, Southeast Asia, India, the US, and Japan. Vertex Ventures Japan (VVJ), the newest addition, recently launched its inaugural JPY 10 billion ($64 million) fund, Vertex Ventures Japan Fund I (VVJFI). This fund is dedicated to investing in early-stage Japanese startups with high growth potential, particularly in sectors such as deep tech, digital transformation (DX), artificial intelligence (AI), and the creator economy. VVJ leverages the extensive global network of Vertex Holdings, which manages over $6 billion in assets and provides strategic support and operational assistance to its portfolio companies. This network allows VVJ to offer Japanese startups access to global markets and resources, fostering innovation and technological advancement. The fund is led by Managing Partner Takashi Tomita and General Partner Tomohiro Miyasaka, who are responsible for identifying new investment opportunities and driving strategic growth. Vertex Ventures Japan also collaborates with the University of Tokyo and the Japanese government to enhance the startup ecosystem through cross-border partnerships between industry, academia, and government.
Vestigo Ventures is an early-stage venture capital firm based in Cambridge, Massachusetts, that focuses on fintech startups. Founded by David Blundin, Mark Casady, and Ian Sheridan, the firm aims to support transformative innovations in financial technology. Vestigo Ventures manages Fund I with $58.9 million, concentrating on market structures, operational solutions, worksite management, and personal wealth management. The firm leverages its connection with Cogo Labs, a data-driven startup incubator, to provide extensive support to its portfolio companies. Vestigo Ventures has invested in notable startups like Digital Assets Data, LifeYield, and Micronotes. The team includes experienced professionals like Managing Partner Mike Nugent and Partner Frazer Anderson, who bring a wealth of expertise in fintech and venture capital. Vestigo Ventures’ strategic limited partners comprise corporate investors from the insurance and asset management sectors, family offices, and individual investors from the financial services industry. This diverse LP base provides portfolio companies with invaluable industry insights and operational experience. Overall, Vestigo Ventures stands out for its focused investment strategy in fintech and its commitment to accelerating the growth of early-stage companies through data-driven insights and strong industry connections.
VF Venture is the direct equity investment vehicle of Vaekstfonden (The Danish Growth Fund), a Danish state investment fund founded in 1992 and headquartered in Copenhagen. It invests equity in young, innovative Danish companies with significant international growth potential, typically entering early but always after the earliest seed phase, with direct investments historically ranging from roughly DKK 0.5 million to DKK 20 million and complementary low-interest loans. Vaekstfonden funded companies from all parts of Denmark across software, IT, high tech, consumer and life sciences, deploying capital through five groups: Life Science Ventures, Growth Capital, Fund of Funds, Technology Ventures and Need-Driven Venture, generally as a co-investor. Since 1992 the broader Growth Fund has co-financed growth in more than 5,400 companies, with total commitments exceeding DKK 15 billion. As of May 2023 its portfolio counted roughly 323 companies, including one unicorn, 13 IPOs and 57 acquisitions, with notable names such as Pleo, Donkey Republic, MapsPeople and Abzu. In early 2023, on 1 April, Vaekstfonden merged with EKF Denmark's Export Credit Agency and the Danish Green Investment Fund to form the Export and Investment Fund of Denmark (EIFO), aiming to create synergies and improve responsiveness. EIFO now provides loans, guarantees and equity investments, focusing on small and medium-sized export companies, particularly in green transition, technology and life sciences, with equity tickets typically on the order of DKK 5 million to 200 million. As Denmark's state growth-fund equity vehicle, VF Venture backed innovative Danish companies with international ambition.
Vickers Venture Partners is a Singapore-headquartered global deep-tech venture capital firm founded in 2005 by Chairman and Founder Dr. Finian Tan together with co-founders Dr. Khalil Binebine, Dr. Jeffrey Chi (Vice Chairman), Dr. Damian Tan, Linda Li and Raymond Kong. From its Singapore base, Vickers operates a true global network with offices in Shanghai, Hong Kong, New York, Miami, Silicon Valley and London. The firm manages approximately $3 billion across six funds and structured co-investment vehicles, including a more than $250 million Fund VI announced in December 2021 with a sharpened deep-tech focus, and it is willing to lead. Its investment mandate centers on disruptive technologies addressing the world's biggest challenges, life sciences and therapeutics, biotech, renewable and clean energy, nanotechnology and advanced materials, applied AI, fintech, and selectively media, telecommunications and consumer, across all major geographies. Across approximately 60 portfolio companies as of December 2024, Vickers has delivered three IPOs and six acquisitions, with named winners including direct-to-consumer apparel pioneer Bonobos, acquired by Walmart, Canadian geothermal energy company Eavor, whose $15M Series A Vickers led in September 2019 as the firm's first Canadian deal, and Aardvark Therapeutics, where Vickers led Series A and B and remained in the $85M Series C of May 2024 before Aardvark's February 2025 NASDAQ IPO at a $342M market cap. Other historic names include Baidu, Focus Media and Scilex Holdings, contributing to a cumulative portfolio market value the firm cites at over $100 billion. Vickers backs global deep-tech founders solving large challenges.
VIGO Ventures (formally VIGO We Innovation sp. z o.o.) is a Warsaw-based alternative investment fund founded in 2017 as a 50:50 joint venture between Polish photonics champion VIGO Photonics, a global leader in high-operating-temperature infrared detectors, and Warsaw Equity Group, a privately held investment firm with more than two decades of operating-investment experience. The fund's distinctive thesis is sharply focused on hardware deep tech, photonics and optics, semiconductor and chip design, automation and robotics, photovoltaics and clean energy, and materials engineering, with selective adjacent activity in advanced sensing, machine vision and applied AI. By giving Polish and broader European deep-tech founders access to VIGO Photonics' manufacturing know-how and customer base alongside capital, VIGO Ventures effectively functions as a strategic-CVC-plus-VC hybrid, generally investing as a co-investor. Adam Piotrowski, Chairman of the Management Board of VIGO Photonics, sits on the Supervisory Board of VIGO We Innovation. Across approximately 10 disclosed portfolio companies the fund has invested across Poland, Germany, Belgium and the Netherlands, with named names including Deep Detection in sensing, QustomDot in quantum-dot materials, supported in a EUR 2.7M round in November 2024 with EIC accelerator co-funding, Dutch integrated-photonics specialist PHOTON IP, ObvioHealth in decentralized clinical trials, and Fluence, VIGO's most recent reported investment on August 20, 2025 in a Seed-II round. By coupling capital with VIGO Photonics' deep-tech manufacturing expertise, VIGO Ventures backs European hardware, photonics and semiconductor founders.
VilCap Investments, founded in 2014 and headquartered in San Francisco, focuses on early-stage impact investing, backing companies that address pressing social and environmental challenges. Their portfolio spans various sectors, including health, education, energy, agriculture, and financial services. Notable investments include Bodhi Health Education, Certintell, Constant Therapy, and iKure in the health sector, and MPOWER Financing, Nepris, and Pear Deck in education. VilCap's investment strategy is deeply rooted in impact, aiming to create long-term prosperity and equity. They typically invest in seed and early-stage companies, with a preference for those that align with their mission of fostering social and environmental change. VilCap Investments often collaborates with Village Capital’s accelerator programs to find and fund innovative entrepreneurs. The firm’s geographic focus includes the United States, India, Africa, and Latin America, reflecting their commitment to global impact. Their investments range from $150,000 to $500,000 in follow-on funding, emphasizing support for high-performing companies. Key team members include Michael Davis, Managing Director, and Victoria Fram, co-founder and advisor. VilCap prefers to be approached through their network, leveraging connections to identify potential investments that align with their values and impact goals. For startups aiming to engage with VilCap, highlighting a strong alignment with social and environmental impact, alongside a solid business model, will be crucial. Their unique approach blends financial support with strategic guidance to ensure long-term success and sustainability.
Village Global is an early-stage venture capital firm that leverages a robust network of luminary investors to back innovative entrepreneurs from the very start. Based in San Francisco, the firm has garnered support from tech giants like Jeff Bezos, Bill Gates, Mark Zuckerberg, and Reid Hoffman, who also serves as the firm's Chairman. Village Global focuses on a wide array of industries, including fintech, health, consumer, and enterprise technology. Their portfolio boasts successful investments in companies such as Kapwing, Pogo, and Stitch, highlighting their commitment to backing transformative and high-potential startups. The firm's investment strategy involves leading pre-seed and seed funding rounds, typically writing checks between $250,000 and $1.5 million. Village Global is noted for its network-centric approach, offering unparalleled access to mentors, follow-on funding, and strategic advice from some of the world's most successful entrepreneurs. With over $500 million in assets under management, Village Global's team includes influential figures like Anne Dwane and Ben Casnocha, who actively support their portfolio companies through hands-on guidance and connections. For startups looking to partner with Village Global, demonstrating a bold vision and the potential for significant impact is crucial. The firm's unique network-driven model provides startups with the resources and support needed to accelerate their growth from day one.
Vinci VC is an Amsterdam-headquartered European venture capital firm founded in 2018 and strategically funded by Inci Holding, a Turkish family-owned industrial conglomerate active in the manufacturing of automotive wheels, automotive and industrial batteries, hotel equipment and logistics services. The fund operates from Amsterdam with team members distributed across Izmir, Istanbul, Bonn and London, and is run jointly by Inci Holding board members and experienced venture capital professionals, including Investment Director Aylin Girgin Ozbilis. Vinci's investment thesis revolves around a simple bet that the European energy and industrial transition will be constrained not by raw renewable generation but by storage, system intelligence, and operational tooling at the edge of industrial assets. Sector focus is mobility and automotive technology, energy storage and management, Industry 4.0, advanced manufacturing, supply chain and logistics. Initial check sizes range from EUR 100K to EUR 500K with stages from Seed through Series A, generally as a co-investor. Across approximately 11 active portfolio companies the firm has backed Turbit, German wind-turbine AI monitoring, MOBILUS Labs, UK silent-voice industrial communications, Surve Mobility in Germany, Octovan, Turkey last-mile delivery, Thread in Motion, Turkey wearables, Herotech8, UK autonomous drone monitoring, ShipsGo, Turkey shipping logistics, Perciv, UK B2B productivity software and Vinci's most recent investment on December 6, 2024, and Jutro, its most recent first-time investment in 2025. By coupling capital with Inci Holding's industrial expertise, Vinci VC backs European mobility, energy-storage and Industry 4.0 founders.
Virescent Ventures is Australia's leading dedicated climate-technology venture capital manager, with more than $500 million under management across two funds and offices in Melbourne and Sydney. The firm was established in 2022 when its founding team, Partners Kristin Vaughan, Ben Gust and Blair Pritchard, spun out from the Australian government-backed Clean Energy Finance Corporation (CEFC), where they had been senior executives managing the Clean Energy Innovation Fund. Virescent is co-owned by CEFC and the founders, and continues to manage CEFC's legacy Innovation Fund portfolio alongside its own commercial vehicles, and it is willing to lead. The firm's thesis is laser-focused on the climate transition: technologies addressing the largest, hardest-to-abate sources of emissions across clean energy generation and storage, industrial and transport decarbonization, smart cities, sustainable agriculture and food, the circular economy, and critical-minerals processing. Across approximately 33 to 40 disclosed climate-tech investments the firm has deployed roughly $270 million. Named companies include Hysata, a capillary-fed hydrogen electrolyser that closed a US$111M Series B, the largest climate-tech Series B in Australian history; JET Charge, Australasia's largest EV charging infrastructure platform; Loam Bio, microbial seed treatments for soil-carbon sequestration; Novalith Technologies, CO2-based lithium extraction; Renewable Metals; and DryFlow Magnetics, its most recent disclosed investment in December 2025. Reported outcomes include one IPO and three acquisitions, with named exits AgriWebb, Carbon Revolution and GreenSync. Fund II had a first close of $100M in October 2024 with cornerstone commitments from Westpac and CEFC. Virescent backs Australia's hardest-to-abate climate solutions.
Visible Hands is a pre-seed venture capital fund and accelerator dedicated to supporting underrepresented founders, particularly women and people of color, in building successful tech startups. Founded in 2020, Visible Hands offers a 14-week accelerator program that provides founders with up to $200,000 in funding, alongside comprehensive company-building services. The program focuses on helping founders navigate the early stages of their entrepreneurial journey by offering tailored support, including branding, sales coaching, and mentorship. Visible Hands has gained a strong reputation for its commitment to diversity and inclusion, investing in founders who have often been overlooked by traditional VC firms. The firm's portfolio includes a diverse range of startups, with a significant percentage of its founders identifying as Black, African American, and Latinx. The fund recently closed an oversubscribed Fund I at $10.5 million, reflecting the growing interest in its mission and approach. Visible Hands also runs city-specific fellowship programs, such as VHNYC in New York and VHBOS in Boston, which focus on local, early-stage entrepreneurs from diverse backgrounds. The firm's impact-driven approach not only aims to generate financial returns but also to create meaningful social change by empowering underrepresented founders to succeed in the tech industry.
Vision Ridge Partners is a sustainable real assets investment firm focused on capitalizing on the global transition to sustainability by developing and transforming complex assets in energy, transportation, and agriculture. Founded in 2008 by Reuben Munger, Vision Ridge manages approximately $2.45 billion across its funds and associated co-investments. Notable investments include EVgo, a network of public fast-charging stations for electric vehicles; Vanguard Renewables, which processes organic waste through anaerobic digestion; and Key Capture Energy, a portfolio of energy storage assets. Vision Ridge has also invested in Highland Electric Fleets, which provides electric vehicle fleet solutions to school districts and fleet managers, and Fjord1, a fleet of Norwegian ferries featuring low or zero-emission propulsion. Vision Ridge closed its third Sustainable Asset Fund at $1.25 billion, with the aim of making eight to twelve investments in industries undergoing significant shifts toward sustainability. The firm’s investment strategy focuses on identifying opportunities that provide robust financial returns while contributing to the transition to a sustainable real economy.
Venture Management Team (VNTM), a prominent VC fund based in San Francisco, excels in early-stage investments with a strong focus on innovative technology sectors. VNTM has backed notable startups like OpenAI, Square, and Roblox, reflecting its commitment to high-growth tech ventures. The firm targets industries such as AI, FinTech, enterprise software, and consumer technology, with a geographical focus primarily on the United States and China. VNTM's investment strategy is characterized by significant initial checks, usually leading funding rounds. The fund prioritizes companies with scalable business models and substantial market potential. Their approach includes rigorous portfolio management and ongoing support to help startups thrive. VNTM's investment team, featuring experienced professionals like Russell Hirsch, provides deep expertise in sectors ranging from biotechnology to enterprise IT. The firm maintains a proactive engagement with portfolio companies, offering insights on metrics, strategic advice, and assistance in critical areas like hiring and scaling operations. VNTM's unique edge lies in its robust network and a proven track record of identifying and nurturing industry disruptors. Founded by a group of seasoned investors and entrepreneurs, VNTM leverages its extensive experience to foster innovation and drive substantial returns. The team is strategically located in key tech hubs, enabling them to stay at the forefront of emerging trends and opportunities in the venture capital landscape.
Vodia Ventures, the investment arm of Vodia Capital, is a Massachusetts-based venture capital firm that focuses on early-stage investments in companies developing technology-enabled solutions for social and environmental challenges. Founded in 2013, Vodia Ventures targets sectors such as clean energy, healthcare, food security, and sustainable infrastructure. The firm is particularly interested in scalable, impactful technologies that address pressing global issues like climate change and resource scarcity. Vodia Ventures operates by creating specialized investment vehicles such as blind pool and SPV (Special Purpose Vehicle) funds. Their goal is to provide early-stage capital to innovative startups, helping them grow while making a positive impact on society. Some of the industries Vodia Ventures invests in include technology, clean energy, healthcare, and smart infrastructure. Under the leadership of founder David B. Matias, Vodia Ventures continues to play a significant role in fostering innovation by supporting companies that align with its mission of social impact.
Voima Ventures is a Helsinki and Stockholm-based deep technology venture capital firm founded in 2019 by Inka Mero, Founder, CEO and Managing Partner, together with Marko Viinikka and Mikko Kumpulainen, to back science-driven Nordic and Baltic startups solving major global problems. The firm sits at the intersection of academic spin-outs, applied research and entrepreneurial capital, and is one of the only science-centric VC investors in the region with a published multi-fund track record, and it is willing to lead. Voima's investable universe spans bio and new materials, medical technology and life sciences, imaging and optics, IoT and electronics, robotics, software and ICT, AI, clean energy and food. The 16-person team includes Partners Jussi Sainiemi, previously Investment Director at Finnish Industry Investment with deep-tech wins including ICEYE and Oura, Pontus Stråhlman, Investment Director Jenny Engerfelt and two venture partners, distributed across Helsinki and Stockholm. In December 2024 Voima finalized Fund III at over EUR 100M, dedicated to Nordic and Baltic deep-tech founders. Across approximately 54 disclosed investments, with 30 active in Funds I and II at the announcement of Fund III, the firm has produced 5 exits and 1 IPO; named portfolio names include Finnish gas-fermentation alternative-protein maker Solar Foods, AR display waveguide company Dispelix, low-carbon cement Betolar, single-cell protein producer EniferBio, oncology platform MVision, and most recently Quantagonia, which exited in August 2025. By backing science-driven founders across the Nordics and Baltics, Voima Ventures commercializes deep-tech research into global companies.
VoLo Earth Ventures is a climate-focused VC fund that backs early-stage tech startups aiming to accelerate the energy transition. With a portfolio that spans industries like energy, mobility, and industrial decarbonization, VoLo has led investments in innovative companies such as Rain, which builds aerial firefighting technology, and Magrathea Metals, which is pioneering metal production from seawater. VoLo’s strategy revolves around hands-on involvement, particularly in the early stages, offering both first-in capital and leadership to help startups scale rapidly. They focus primarily on North America, investing in climate tech solutions across sectors like renewable energy, grid infrastructure, sustainable mobility, and carbon-negative technologies. The fund actively seeks founders with bold ideas to combat climate change and encourages direct outreach from entrepreneurs who align with their vision. The average check size is undisclosed, but their involvement in leading rounds, such as a $7M Series A for Daanaa, shows they are comfortable leading significant rounds. VoLo Earth’s team brings deep expertise, led by Managing Partner Kareem Dabbagh, who has a background in solar energy startups like SolarCity and Sunrun. The fund's mission is to deliver superior returns while maximizing carbon impact, and they pride themselves on rigorous technical due diligence to ensure that investments not only scale financially but also push the envelope on sustainability. VoLo is highly selective, targeting innovations that deliver measurable carbon benefits while yielding unsubsidized economic returns.
Plus Venture Capital (+VC) is a prominent seed-stage fund with a laser focus on tech and tech-enabled startups across the MENA region and its diaspora. Founded by Hasan Haider and Sharif El-Badawi in 2020, the firm leverages its deep experience in building and scaling startups to back high-potential companies. Notable portfolio companies include Educatly, a B2C information service platform, Thndr, a fintech startup, and Suplyd, which focuses on digital logistics solutions. +VC’s strategy is to lead investments at the seed stage, often continuing support through Series A, providing startups with capital and hands-on mentorship. Their emphasis is on scaling companies with innovative, future-proof solutions, primarily within fintech, healthtech, SaaS, and e-commerce sectors. The firm has a strict geographic focus on the MENA region, with an openness to founders in the global diaspora. Average check sizes vary depending on the stage, but the firm is known for being founder-friendly and expedient in decision-making. Their co-founders have a wealth of operational experience, having navigated their own startup failures and successes. The team, headquartered in Abu Dhabi, is led by Haider, El-Badawi, and principal Zainab Al Sharif.
Volvo Group Venture Capital (VGVC) is the corporate venture capital arm of Sweden's Volvo Group, the global commercial vehicle, construction equipment, marine and industrial powertrain group with more than 100,000 employees. Founded in 1997, VGVC is one of the longest-standing strategic CVCs in the European mobility industry, with main offices in Gothenburg, Sweden and Greensboro, North Carolina. The unit is led by President Christina Brink, with CFO Charlotta Modig and a senior investment team that includes Investment Directors David Hanngren and Joe Darcy. VGVC's investment thesis explicitly mirrors Volvo Group's commercial strategy and targets scalable solutions accelerating the transformation to sustainable transportation across four named focus areas: electrification, including heavy-duty batteries, charging infrastructure and power electronics; logistics services, including digital freight networks, AI-driven fleet operations and software-defined trucking; site solutions, including construction-equipment software and autonomous operations; and broader climate tech and sustainability technologies for hard-to-abate transport segments. It generally invests as a co-investor. Beyond capital, portfolio founders gain top-management attention at a global OEM, expertise from Volvo's 100,000-employee organization, access to a multibillion-dollar supply chain, and a global customer and partner network. Across 68 disclosed investments and 6 portfolio exits, named recent activity includes the September 2024 investment in US AI-powered trucking carrier aifleet, which boosts driver utilization 40% versus the FTL industry average via AI-driven dispatch, and the February 2024 LP commitment to construction-tech VC Zacua Ventures. By mirroring Volvo Group's strategy, VGVC backs the technologies driving sustainable transportation.
Vorwerk Ventures is an independent €150 million venture capital fund based in Berlin, with a strong focus on consumer-centric businesses and digital technologies. Originally grown out of the Vorwerk Group in 2019, the firm invests in early-stage companies, typically from pre-seed to Series A, with check sizes ranging from €500,000 to €10 million. They emphasize sectors such as consumer goods, fintech, and health tech, with a focus on companies that are innovating in the digitalization of traditional industries. Vorwerk Ventures has an impressive track record, including investments in companies like HelloFresh, Flaschenpost, Everdrop, and Zapp. They not only provide capital but also offer extensive support in business development, strategy, and operations to help their portfolio companies grow. Their investment approach focuses on finding strong founding teams and consumer-centric business models that target substantial markets. As part of their strategy, Vorwerk Ventures reserves up to €15 million for follow-on financing rounds to ensure continuous support for high-potential companies.
Voyager Ventures is a venture capital firm that specializes in early-stage investments in climate technology startups across North America and Europe. Founded in 2021 by Sierra Peterson and Sarah Sclarsic, Voyager is committed to supporting innovative companies that are driving the decarbonization of the global economy. With a strong focus on sectors like mobility, energy, materials, the built environment, analytics, and carbon management, the firm seeks to back ventures that can significantly reduce greenhouse gas emissions and promote sustainability. Voyager recently closed a $100 million fund, enabling it to invest in a diverse portfolio of startups. Notable investments include Remora, which develops carbon capture technology for trucking fleets, and SnoFox, a company offering digital twin solutions for cold chain facilities. The firm also backs Packfleet, a UK-based last-mile delivery service powered entirely by electric vehicles, and Powerline, a U.S. company transforming electric vehicle fleets into mobile power plants. Voyager Ventures is headquartered in San Francisco, where its team, with decades of experience in climate tech, draws on expertise from consulting, policy-making, and startup ecosystems. The firm’s mission is to create a resilient, low-carbon future by investing in technologies that can scale globally and have a long-lasting impact on the environment.
VR Ventures, established in 2020 and based in Berlin, focuses on early-stage venture capital investments in fintech, proptech, and digital business solutions, primarily targeting the DACH region (Germany, Austria, and Switzerland). Co-managed by Redstone Digital, VR Ventures supports innovative startups that disrupt financial services, real estate, and enterprise applications, particularly those that cater to small and medium-sized businesses. VR Ventures typically invests in Series A and Seed stages, aiming to foster the growth of young tech companies through strategic capital injections and industry expertise. Notable investments include companies such as Banxware in fintech, Flexcavo in proptech, and ContractHero in enterprise software. The firm emphasizes partnerships with co-investors to maximize the potential of its portfolio companies. VR Ventures has a strong presence in the German startup ecosystem, making over eight investments in the country. With a team led by managing directors Timo Fleig and Mickael Bellaiche, VR Ventures continues to build a portfolio of forward-thinking companies across Europe.
squared Ventures, a Munich-based venture capital firm, focuses on early-stage deep tech investments across Europe. Established in 2016, Vsquared Ventures aims to back scientific and engineering-based innovations that address global challenges. Their areas of focus include AI, next-generation software, energy transition, new computing and sensing, new space, robotics, and tech-bio sectors. The firm recently closed its second fund, Vsquared II, at €214 million, making it the largest early-stage deep tech fund in Europe. This fund will support approximately 25 companies with investments ranging from €500,000 to €5 million, with a significant portion reserved for follow-on investments. Notable investments by Vsquared include Isar Aerospace, a rocket manufacturer; IQM Quantum, a quantum computing hardware provider; and Neura Robotics, a developer of cognitive robotic assistants. The firm is committed to leveraging Europe's strong talent pool and research facilities to build category-leading companies. The team at Vsquared Ventures includes experienced investors and deep tech experts, such as Thomas Oehl, Dr. Herbert Mangesius, and Dr. Lise Rechsteiner, who joined as a General Partner for the latest fund. They focus on fostering a resilient deep tech ecosystem in Europe, aiming to make significant contributions to technological and economic sovereignty.
VTT Ventures Ltd is the technology venture and spin-out investment arm of VTT Technical Research Centre of Finland, the state-owned Finnish national research and technology organization based in Espoo and one of Europe's largest applied-science institutes. The vehicle was established in 2009 to convert VTT's intellectual property and lab-stage breakthroughs into commercial businesses, originally combining in-kind technology contributions with cash equity into spin-off companies, and it is willing to lead. Between 2009 and 2018, VTT Ventures Ltd built the original Finnish deep-tech spin-out portfolio, which was subsequently absorbed into Voima Ventures' Voima Fund 1, with Voima continuing to manage that pool. From 2019 onward, all VTT technology investments and spin-out cap-tables have been held through VTT Holding Ltd as an evergreen vehicle, with recycled proceeds from successful exits selectively re-deployed into the most promising next VTT-IP ventures; VTT LaunchPad incubates pre-incorporation projects out of the VTT labs. Sector focus is unambiguously deep-tech: imaging and optics, IoT and electronics, life science and synthetic biology, advanced materials and manufacturing, sensing and diagnostics, software and ICT, quantum computing, space and sustainability, with tickets of $1M to $5M alongside follow-on participation. Across more than 56 disclosed historical investments and a constantly expanding active portfolio, named names include in-mold electronics company TactoTek, textile-fibre recycler Infinited Fiber, gas-fermentation alt-protein leader Solar Foods, fermentation egg-protein company Onego Bio, and small-modular-reactor district-heating venture Steady Energy. In 2025, VTT-originating startups raised EUR 445M of equity funding, 15% of all Finnish startup capital. VTT Ventures commercializes Finland's national applied research.
Wa'ed Ventures is the $500 million venture capital fund wholly owned by Saudi Aramco, established in 2013 from Aramco's Dhahran headquarters to anchor the kingdom's start-up ecosystem under the Vision 2030 economic diversification agenda. The vehicle began as the Saudi Aramco Entrepreneurship Center (Wa'ed) in 2011 and was rebranded as Wa'ed Ventures in 2023 to reflect its pivot from a broad entrepreneurship-support organization into a focused institutional venture capital firm. CEO and Managing Director Fahad Alidi, a Yale-trained energy and environmental economist and former World Bank energy-reform advisor, leads the firm. Wa'ed Ventures writes tickets up to $20 million per investment and runs an explicit 'invest local plus localize global' playbook: it backs Saudi-domiciled tech founders, and it invests in best-in-class international companies on the condition they establish meaningful operations and talent inside Saudi Arabia, and it is willing to lead. The investment mandate spans five core domains, digital and software, sustainability and climate, social innovation, industrial, and advanced manufacturing, with a stated $100M earmark for early-stage AI announced in October 2024. Across approximately 75 to 151 disclosed investments depending on the database, Wa'ed has deployed approximately $270M of capital. Marquee 2024 to 2025 transactions include UK AI cloud-infrastructure company Ori, which is launching a Riyadh subsidiary and deploying Nvidia H200 chips, French quantum computing company Pasqal, which will install the first quantum computer in Saudi Arabia, South Korean AI semiconductor company Rebellions, a $15M Series B Extension in July 2024, and edge-computing infrastructure company Edgenomics. Wa'ed Ventures anchors Saudi Arabia's startup ecosystem.
Walerud Ventures is a Stockholm-based Swedish family investment office founded in 2002 by legendary Swedish angel and operator Jane Walerud, best known as one of Klarna's earliest investors and an active board director across the modern Nordic tech ecosystem, together with her husband Bengt Walerud and their daughter Caroline Walerud, who is also a co-founder and CEO of 3D foot-scanning company Volumental. The firm explicitly positions itself as a working-investor family office: rather than passive capital, Walerud Ventures joins pre-seed and seed-stage companies as investor, advisor and part-time operator, often hands-on inside the company through the earliest years, and it is willing to lead. Sector focus is unapologetically deep tech and impact tech 'for the living planet,' anchored in applied AI, IoT and wearables, synthetic biology, climate and cleantech, durability and circularity, and adjacent science-based hardware. Tickets range from approximately $1M to $10M per company with a stated sweet spot near $5.5M. Since 2002 the firm has invested in roughly 18 companies, four of which became world-class outcomes, Klarna, which IPO'd on the NYSE in September 2025 at a $15.1B market capitalization, eye-tracking platform Tobii, online optical retailer Lensway and Bluetail, alongside 10 more profitable exits or healthy growers, with the team citing an annualized return on investment in excess of 60% since inception. Recent activity includes Paebbl, in CO2-mineralization permanent carbon storage, and an October 2024 investment in Airforestry, in drone-based aerial forestry hardware. As a hands-on family office, Walerud Ventures backs Nordic deep-tech and impact founders.
Wave Capital, founded in 2017 and based in San Francisco, is a venture capital firm that specializes in early-stage investments, particularly in companies that are building marketplaces. The firm was co-founded by Riley Newman, Sara Adler, and David Rosenthal, who bring deep expertise from their experiences at companies like Airbnb and Madrona Venture Group. Wave Capital’s investment strategy is heavily focused on backing startups at their earliest stages—often at the pre-seed and seed levels—where they help founders with everything from building their teams to finding product-market fit. This hands-on approach has positioned them as a key partner for marketplace startups, leveraging their strong networks within Silicon Valley to propel companies toward their Series A rounds and beyond. The firm’s portfolio is diverse, with investments in sectors ranging from blockchain and enterprise software to cleantech and e-commerce. Notable investments include companies like Locale, a food and grocery delivery platform, and Camus Energy, which focuses on renewable energy management systems. In total, Wave Capital has made 27 investments, with several successful exits, including Steady Health and Darwin Homes. Wave Capital’s team is known for its deep operational expertise and its ability to work closely with startups, offering more than just capital by being actively involved in guiding the companies they invest in.
Wavemaker Partners is a leading early-stage venture capital firm with dual headquarters in Los Angeles and Singapore. The firm focuses primarily on enterprise, deep tech, and sustainability startups, especially in Southeast Asia and Southern California. Since its founding in 2003, Wavemaker has raised over $600 million and invested in more than 400 companies globally. Key investments include Moka (acquired by Gojek), Wavecell (acquired by 8x8), and Red Dot Payment (acquired by PayU). In Southeast Asia, the firm has been involved with startups like GudangAda, a B2B marketplace, and Transcelestial, which focuses on laser communications. Wavemaker is known for its emphasis on fintech, enterprise software, and deep tech, backing startups that address critical market needs with scalable solutions. Typically leading early rounds, Wavemaker provides financial backing and strategic support, with a strong interest in sectors like AI, quantum computing, and sustainability. Its cross-border presence and active investment strategy make it a major player in the global venture capital landscape.
Wellington Management is a global investment management firm that has expanded its private investing capabilities with a dedicated platform focusing on various sectors and stages of the private markets. This includes early-stage venture capital through to late-stage growth investments. With over $8 billion raised for private investments, the firm leverages its extensive network of over 1,000 investment professionals to provide comprehensive support to its portfolio companies. Wellington's venture capital arm, Wellington Access Ventures (WAV), recently closed its first early-stage fund, Wellington Venture Investments I, with $150 million in commitments. This fund focuses on investing in sectors such as artificial intelligence, DevOps, fintech, digital health, and consumer technology. The WAV team is dedicated to supporting diverse founder-led companies, recognizing the value in partnering with historically overlooked entrepreneurs to drive long-term growth and meaningful change. Key members of the WAV team include Jackson Cummings, Frederik Groce, Sasha McKenzie, and Van Jones. They emphasize closing the access and resource gaps in venture capital, aiming to create a more equitable future by investing in dynamic and ambitious founders from diverse backgrounds. Wellington Management's private investing platform combines deep private market expertise with the firm's broader public market knowledge, providing a robust support system for both investors and entrepreneurs.
The IN² Ecosystem is an innovation platform and incubator focused on advancing cleantech and sustainable solutions. Initially launched as the Wells Fargo Innovation Incubator (IN²), the program was designed to help early-stage companies bring their technologies to market. Over the years, IN² has expanded its mission to address broader sustainability challenges, emphasizing the deployment of innovative solutions that can significantly impact energy, agriculture, and other critical industries. IN² provides startups with access to funding, mentorship, and collaboration opportunities with leading research institutions such as the National Renewable Energy Laboratory (NREL). This partnership allows startups to validate and scale their technologies in a supportive environment, helping them overcome the challenges of commercialization. As of 2024, IN² has supported numerous companies across its portfolio, focusing on sectors like energy efficiency, renewable energy, and sustainable agriculture. The platform has become a critical part of the cleantech ecosystem, driving innovation and fostering the development of technologies that contribute to a more sustainable future. With its roots in supporting transformative clean energy solutions, IN² continues to play a pivotal role in accelerating the deployment of technologies that address some of the most pressing environmental challenges of our time .
Wellstreet is a Swedish venture capital firm founded in 2016, with a primary focus on early-stage investments in the Nordic tech ecosystem. Headquartered in Sollentuna, Sweden, Wellstreet actively backs startups from pre-seed to Series A, particularly in sectors like fintech, e-commerce, proptech, and health tech. With a strong commitment to sustainability, the firm integrates an ESG framework into its investment strategy to help startups build sustainable and socially responsible businesses. Wellstreet manages multiple funds, including Ventures Fund I and II, and a specialized Fintech Fund. Their portfolio includes notable companies such as Tibber, DanAds, Deedster, and Brink Commerce. The firm also supports its portfolio through a curated ecosystem of industry experts, mentors, and strategic partners, ensuring startups receive the resources they need to scale effectively. Wellstreet is particularly recognized for its hands-on approach, providing more than just capital by offering operational guidance, access to its innovation hub, and opportunities for international expansion. The firm has seen several successful exits, including companies like Scrive and Power Woman, further solidifying its impact on the Nordic startup scene. With a clear focus on positive disruption and innovation, Wellstreet continues to be a driving force for tech startups across Northern Europe.