Amstelveen-based VC firm SHIFT Invest has raised €92 million in the first close of its fourth fund, SHIFT Invest IV, and is aiming to reach its €150 million target.
- SHIFT Invest, founded in 2009, is a venture capital fund that invests in early-stage companies focused on addressing climate, biodiversity, and resource challenges.
- With the SHIFT Invest IV fund, the goal is to invest up to €150 million in early-stage startups and scale-ups across the Netherlands and Northwestern Europe.
- The focus is on companies at the proof of concept, seed, and Series A stages developing technology-driven solutions in energy, industry, mobility, and food & agriculture to tackle climate change, resource depletion, and biodiversity loss.
"For over 15 years, we’ve been pioneers in impact investing, backing numerous ventures from early stage to successful exits - SFDR Article 9 aligned and committed to driving systemic change," SHIFT Invest's team, commented on LinkedIn.
- Funding will range from €250,000 to €4 million to support entrepreneurs with scalable solutions that deliver environmental impact and financial returns. The fund also provides access to a network and expertise to help startups grow and contribute to a sustainable future.
- The first close of SHIFT Invest IV was supported by investors including the European Investment Fund (EIF), Rabo Investments, Invest-NL, corporate partners like Royal Schiphol Group, regional partners such as Oost NL and BOM, knowledge partners, family offices, and entrepreneurs.