AMSTERDAM, June 22, 2023 — Carbon Equity, the world’s first climate venture capital and private equity fund investment platform, announced a strong first close of its Climate Tech Portfolio Fund II, which launched in February. Its Fund II allows investors to build a diversified portfolio of climate tech startups and scaleups by investing with the best climate funds.
In 2022, climate-related private market investment increased by 7%, while overall private market equity deal volume declined by 24% compared to 2021.* McKinsey argues that continued investments and actions from governments, corporations and investors in climate tech will shield the space from macro trends like high interest rates and labor shortages. Despite climate tech being one of the most resilient segments in 2022, investment in Q1 2023 declined in keeping with the broader market trend. In Q1, climate tech startups raised $5.7 billion across 279 VC deals — a 35% decline compared to the previous quarter as compared to a 38% drop of the overall venture funding market.**
Despite the uncertain economic conditions, Carbon Equity's investors have reaffirmed their commitment to powering climate tech companies through tough markets, as evidenced by the following highlights.
📈 Climate Tech Portfolio Fund II raised €50 million from over 100 investors
📈 320% increase in assets under management (AUM) year-over-year, surpassing €140 million 📈 125% increase in the community of investors year-over-year, with over 500 investors