[Funding alert] Satgana Secures €8Million in First Round of Funding

Satgana invests initial tickets ranging from €100,000 up to €300,000 at the Pre-seed and Seed stage, with a strategic focus on early-stage climate tech. After carefully going over more than 2,500 founders' decks, the company has closed 13 agreements thus far.

Past investments include Kubik's initiatives to create low-carbon buildings from waste materials, Amini AI's datasets bridging Africa's environmental data gap, and Y Combinator alum Orbio Earth, which records methane emissions to provide insight to potential investors.

Satgana thinks that having a diverse team that reflects the founders it invests in, together with a "broad sourcing engine," is the secret to its success in both European and African markets.

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Members of the Family Oces, impact investors, unicorn founders, and well-known businesspeople like Publicis Groupe Chairman of the Supervisory Board Maurice Lévy are among the advisors and limited partners who have subscribed to the fund.

Satgana is categorised as a "dark green fund" or an SFDR Article 9 fund because of the high degree of conformity that its operations exhibit with regard to global sustainability goals.

In a similar vein, it became a B Corp lately. With a goal of having a portfolio of thirty businesses, Stagana hopes that its first fund will open the door to many more, speeding up the shift to a low-carbon economy.

Romain Diaz, General Partner of Satgana, commented: “Our mission is to identify and support the brightest minds and hearts driving innovation in Climate Tech, propelling them towards commercial success while making a positive impact on our planet.”

About Satgana

Satgana, an early-stage venture capital firm focused on climate technology, is to support the next wave of environmentally conscious businesses. As a worldwide collective, they are fervently committed to addressing climate change. Their expert staff is made up of individuals from a wide range of backgrounds, roles, industries, and nations in emerging and European markets.

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