Funding

4impact Capital funding news – Dutch-based 4impact Capital Secures its Second Fund at a Final Total of €68 Million

Nov 7, 2024 | By Kailee Rainse

4impact Capital funding news - Dutch-based 4impact Capital Secures its Second Fund at a Final Total of €68 Million

Dutch venture capital fund 4impact Capital has closed its second fund (Fund II) at €68 million. This fund focuses on early-stage digital and sustainability startups in northwest Europe, aiming to provide scalable solutions to global challenges while generating strong financial returns.

SUMMARY

  • Dutch venture capital fund 4impact Capital has closed its second fund (Fund II) at €68 million.
  • 4impact Capital invests in digital ventures across Europe that tackle challenges related to people and the planet.

4impact launched its first fund in 2019 and is supported by seven experienced venture partners across Europe and the US who have built successful businesses.

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Since the fund’s first closing last year, Fund II has invested in six innovative ventures, such as Coolgradient, which improves energy and water use in data centers, and Deftpower, which uses electric vehicle batteries to balance power grids. Another investment, Carbonfuture, provides high-quality carbon removal credits and recently completed a successful Series A funding round.

4impact founding partner Pauline Wink said, “We don’t just invest - we partner with them, providing the support needed to fuel their growth and success. What drives us is the opportunity to catalyse positive change, and we are excited to help shape future businesses,”.

Founding partner Ali Najafbagy adds: “Our tech focus areas are remote sensing, AI and big data, and emerging technologies such as blockchain.
Through these digital technologies, we can help solve parts of labour shortage and contribute to a sustainable and competitive Europe and beyond.”

The success of Fund II is supported by early investors, including founders, industry leaders, and institutions such as Invest-NL, the European Investment Fund (EIF), Oost NL, and the Netherlands Enterprise Agency (RVO), who share 4impact's vision of impact investing.

About 4impact Capital

4impact Capital invests in digital ventures across Europe that tackle challenges related to people and the planet. The fund seeks market-rate returns by backing strong teams with international growth potential and commercial success, focusing on highly scalable digital technology ventures that create intentional, measurable impact.

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