Algebris Investimenti Launches Climatech VC
Funding | Jan 17, 2025 | CDP Venture Capital
Algebris Investimenti has launched its first venture capital strategy, Algebris Climatech, which focuses on climate technology investments. This strategy has successfully raised a first closing of approximately EUR 60 million. CDP Venture Capital serves as a partner in this venture, which aims to align with sustainable and environmentally-focused investment trends.
Sectors
- Venture Capital
- Climate Technology
- Sustainable Finance
Geography
- Europe – The involvement of European entities like Algebris Investimenti and CDP Venture Capital implies a focus on this geographical region.
Industry
- Venture Capital – The article discusses a venture capital strategy, highlighting investment activities in startups and early-stage companies.
- Climate Technology – Focuses on investments in technologies aimed at addressing climate change issues.
- Sustainable Finance – Involves financial services that incorporate environmental, social, and governance (ESG) factors.
Financials
- EUR 60 million – The first closing amount for the Algebris Climatech venture capital strategy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Algebris Investimenti | Target Company | Company | An investment management firm launching its first VC strategy focused on climate technology. |
| CDP Venture Capital | Partner | Company | An Italian venture capital firm partnering with Algebris on the Climatech strategy. |