2150 Closes €210M Fund II, Raising AUM To €500M For Urban And Industrial Climate Tech

The fund continues 2150’s focus on supporting technology companies transforming cities and the industries that drive them. Investors include Viessmann Generations Group, Novo Holdings, EIFO, and the US-based Church Pension Group, among others.

Christian Jolck, 2150 co-founder and Partner, says: “Four years after unveiling 2150 we have raised €500 million, invested into 27 companies and mitigated over a megatonne of CO2e per year. Our exceptional founders are building companies of scale with an aggregate revenue of over $1 billion and over 4,500 employees.”

The final close of 2150’s Fund II reflects a broader surge in European climate, energy, and industrial decarbonisation investing in 2025–2026, according to EU-Startups.

Similar activity includes Berlin’s Future Energy Ventures (€205M Fund II), Barcelona’s Suma Capital (€210M SC Net Zero Ventures I), and mid-sized funds like Índico Capital Partners (€125M Fund III) and Rubio Impact Ventures (€70M).

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Corporate funding such as Spark Cleantech’s €30M raise for clean industrial energy underscores capital deployment into operating businesses. Collectively these moves represent around €640 million in disclosed funding for urban energy and industrial climate technologies in 2025.

“For Fund II, we have continued to partner with leading institutional investors across Europe, North America, and Asia, and who have invested in this category for multiple cycles. This combination gives us strong conviction in 2150’s ability to deliver attractive long-term returns and a long-standing investment platform,” adds Christian.

Founded in 2019, 2150 is a venture capital firm investing in technology companies transforming cities and the industries that sustain them. Focused on the belief that cities drive global prosperity and offer the greatest opportunity for sustainable progress, 2150 supports founders innovating in energy, industrial decarbonisation, advanced manufacturing, mobility, and urban systems.

Momentum from 2150’s Fund II is already underway, with investments in electrified industrial heat pump maker AtmosZero, refurbished electronics marketplace GetMobil, metals recycling platform Metycle, versatile direct air capture company Mission Zero Technologies, and three additional unannounced deals.

EU-Startups previously featured 2150 in a 2025 editorial on Europe’s top sustainability-focused VCs highlighting the firm’s emphasis on urban and climate-driven technologies.

In 2024 EU-Startups also hosted a podcast with Peter Hirsch 2150’s Head of Sustainability discussing the firm’s approach to impact measurement and long-term climate investing.

About 2150

2150 is a venture capital firm investing in technology companies reshaping cities and the industries that support them. With €500 million in assets under management 2150 backs founders driving innovation in energy, industrial decarbonisation, advanced manufacturing, mobility, and urban systems, operating globally from offices in London Copenhagen, and Berlin.Copenhagen, and Berlin.