European Investment Fund (EIF) is a public institution established in 1994 to improve access to finance for Europe's small and medium-sized businesses. It designs and develops venture capital and guarantee instruments to support SMEs and to catalyse private investment, aiming to build a robust European equity ecosystem. EIF engages in venture capital, growth capital, and guarantee operations, backing innovative entrepreneurs primarily in technology and life sciences, as well as across other sectors. Through cornerstone investments and fund participation, EIF seeks to crowd in private investors and stimulate venture activity across Europe. Its equity portfolio has grown substantially, with assets under management exceeding EUR 14 billion, reflecting its broad role in strengthening SME finance and supporting entrepreneurship and growth.
The EBRD is an international financial institution founded in 1990 and headquartered in London that provides project financing and advisory services to support private sector development and transformation in emerging markets. It finances banks, industries, and businesses, supports new ventures and investments in existing companies, and helps privatize and restructure municipal services in publicly owned entities. Through its banking and treasury activities, it offers loans, equity and quasi-equity investments, guarantees, and equity funds for smaller enterprises, along with trade finance and loan syndication. It works with commercial partners to invest in private enterprises across sectors including energy, manufacturing, ICT, infrastructure, agribusiness, and real estate, across Europe, the Middle East and beyond, including a significant footprint in Central and Eastern Europe, the Baltics, and the Caucasus. It provides policy reform dialogue and advisory services to support market modernization, governance, and reform. It has invested over €130 billion in more than 5,000 projects.
Yunhe Partners is a venture capital firm based in Beijing, China, founded by Zuotao Chen and Calvin Xu. The firm focuses on investments in sectors such as energy efficiency, environmental conservation, new energy, recycling, clean production, and automobile electrification. Additionally, it emphasizes improving life quality and enhancing the efficiency of natural and social resource use through innovative technologies. Yunhe Partners targets companies that exhibit rapid growth or show sustainable cash flow and profitability, aiming to support ventures that align with its commitment to sustainability and technological advancement.
LS Power is a developer, owner, operator, and investor in power generation and electric transmission infrastructure across North America. The company focuses on utility-scale projects as well as distributed energy resources and energy efficiency initiatives. It engages in the development, investment, and operation of generation assets including solar, wind, hydro, and natural gas-fired plants, as well as battery storage, and builds and maintains transmission infrastructure to improve grid reliability and lower energy costs.
Akula Energy Ventures is a venture capital firm based in Berkeley Heights, New Jersey, founded in 1998, specializing in renewable energy; it invests in solar, hydroelectricity, and biofuels, primarily in the United States and India.
Alchemist Accelerator is a seed-stage enterprise startup accelerator that runs a six-month program to accelerate product development, market entry, and fundraising. It provides seed funding to admitted teams and offers mentorship, structured milestones, and access to a broad corporate and venture investor network. The accelerator prioritizes teams with distinctive technical founders and a business model focused on monetizing through enterprises rather than consumer markets, and it supports ventures in the business-to-business sector through a collaborative ecosystem.
Fonds de solidarité FTQ is a Canadian development capital fund and private equity investor focused on Quebec's small and medium-sized businesses. Founded in 1983 and headquartered in Montreal, it channels equity and debt financing through regional funds across Quebec to support growth, restructuring, succession, and modernization. It concentrates on sectors including manufacturing, information technology, life sciences, environment, and tourism, among others, and prefers investments that spur job creation and economic development. The fund can take minority or majority stakes, including in business succession scenarios, and typically backs projects ranging from a few hundred thousand to several million Canadian dollars, often with loans up to two million. Investment horizons vary from five to ten years for equity, longer for succession financing, with a focus on Quebec-centric opportunities and regional economic impact.
Northzone is a venture capital firm founded in 1996 and headquartered in London, with offices in New York, Oslo and Stockholm. The firm backs technology-focused companies across stages, prioritizing software, hardware, and AI-enabled businesses, along with sectors such as healthcare, semiconductors, blockchain, gaming, fintech, and marketplaces. Northzone seeks to help founders scale internationally by connecting portfolio companies with customers, partners and talent through its global network. The firm has built a track record of partnering with category-defining founders and has a Nordic to European footprint complemented by a U.S. presence to support cross-border growth. Northzone emphasizes technology-driven models with potential for rapid expansion and tends to invest in companies at early to growth stages, leveraging its multi-region reach to support portfolio companies in scaling globally.
Breakthrough Energy Ventures is an investor-led venture firm based in Kirkland, Washington, affiliated with Breakthrough Energy. It provides patient, minority capital to seed, early, and later-stage companies advancing environmental services, climate technology, and clean energy solutions. The firm aims to fund technologies that deliver reliable, affordable power without increasing climate change and to mobilize investment in transformative energy innovations through collaboration with governments, research institutions, and other investors.
TiVenture is a seed investment firm based in Lugano, Switzerland, focused on backing early-stage companies with innovative technologies and high growth potential in life sciences, medical, high-tech, and IT. Founded in 2012, it seeks to support exceptional founders developing scalable products for the global market, with a portfolio diversified across sectors and geographic emphasis on southern Switzerland.
BayWa r.e. Energy Ventures is the corporate venture capital arm of BayWa r.e., based in Munich, Germany. Founded in 2018, it targets early-stage opportunities in the energy sector across Europe and Israel. The firm focuses on scalable business models in digital energy solutions, storage, and e-mobility, aiming to back teams where strong chemistry exists between founders, management, and investors. It blends corporate stability and deep energy-market knowledge with an entrepreneurial culture to support portfolio companies.
JamJar Investments is a London-based venture capital firm that backs European consumer-focused startups across seed to later stages. It invests across consumer services and products, technology and non-tech sectors, including food and drink, and focuses on high-growth consumer brands in both digital and non-tech areas. The firm typically makes initial investments in the range of £0.15 million to £1 million, with the option to follow on, and prefers teams of more than one founder, often taking a lead or co-investor role. Its approach draws on operational, commercial and brand experience developed through the founders’ work with innocent, including scaling it into a major brand and sale to Coca-Cola, which informs its support for entrepreneurs navigating growth challenges. JamJar seeks to back European businesses with potential to scale, offering practical guidance alongside capital.
Leopard Capital is a private equity and venture capital firm founded in 2007 and based in the Cayman Islands. It targets overlooked frontiers such as Cambodia, Haiti, and broader Southeast Asia, pursuing early-stage and expansion investments along with pre-IPO opportunities across sectors including financial services, affordable housing, renewable energy, agribusiness, and food and beverage. The firm manages investment funds and provides advisory services to startups leveraging breakthrough technologies to address global challenges. It operates through subsidiary activities and maintains representative offices in Phnom Penh and Port-au-Prince to support local ventures.
Founder One is an impact investment firm founded in 2022 and based in Istanbul, Turkey. It focuses on early-stage technology ventures, investing at the idea and seed stages in initiatives that pursue measurable social or environmental impact.
Founded in 2010, EIT InnoEnergy is a leading European innovation engine focused on Sustainable Energy. It invests in early-stage climate tech and energy companies across Europe and the US, providing equity minority investments and added value services to de-risk projects.
Inventures Investment Partners is an impact investment firm based in Brussels, Belgium, established in 2011. It engages in impact venture capital investments in early-stage European SMEs that deliver social, environmental, and economic value and align with the United Nations Sustainable Development Goals. The firm focuses on opportunities across sectors such as health, education, environment, economic growth, and social progress, aiming to generate positive societal outcomes alongside financial returns.
Aloe Private Equity is a private equity and venture capital firm founded in 2003 and based in Paris, with additional offices in Mumbai, Beijing, Mauritius, Singapore and Reading. The firm specializes in growth capital, late-stage investments and buyouts in small and medium-sized enterprises across Europe and Asia, with a focus on environment-friendly technologies, energy, cleantech, waste management, recycling, water, and related industries. Typical investments range from €2 million to €20 million and are often majority stakes in companies with revenues up to about €100 million. The sectors include business-to-business services, technology, and ag-tech, and the management team comprises serial entrepreneurs with experience across environment, energy, software, IT, retail, and media. Aloe aims to back companies that advance sustainable economic and environmental outcomes.
2bCapital is a Brazil-based private equity and venture capital firm headquartered in São Paulo that pursues growth and expansion investments across a broad range of sectors in Brazil, including technology, media, telecommunications, consumer goods, retail, education, food and beverages, cosmetics, chemicals, machinery, real estate, transportation and services. The firm invests across multiple stages—from seed and early growth to mature and buyout opportunities—and typically takes minority and/or controlling stakes in portfolio companies, while also providing advisory and risk management services to clients.
SDIC Innovation Investment Management is the private equity and venture capital arm of State Development & Investment Corp. It makes investments across technology and manufacturing sectors, including mobile internet, internet of things, cloud computing, big data, information technology services, industrial robotics, and intelligent manufacturing. The firm also targets high-end medical equipment, diagnostics, high-value consumables, modern agricultural equipment, ships and marine engineering, new materials, clean energy, energy conservation, and healthcare; for new energy vehicles it focuses on intelligent upstream and downstream supply chains, power batteries and systems, and related technologies. Founded in 2009, the company is based in Beijing with an additional office in Asia. The firm aims to support development and deployment of innovative technologies through private equity and venture capital investments.
Clearwater Capital Partners is an Asia-focused credit investment firm that joined Fiera Capital in 2018 to broaden access to Asia credit opportunities. The firm provides exposure to performing high-yield credit, direct lending, and special situations across onshore and offshore markets and multiple sectors and geographies, supported by an on-the-ground presence in Hong Kong, Singapore, and Chongqing. Since inception, Clearwater has completed more than 350 Asia investments totaling over USD 8.1 billion, underlining its experience in building dedicated lending platforms in the region.
Oxford Science Enterprises is a university-partnered venture firm that collaborates with the University of Oxford to translate fundamental technologies into companies. It funds life sciences, artificial intelligence and software, healthcare, and deep-tech ventures addressing major challenges such as nuclear fusion, quantum computing, and infectious disease treatments. Founded in 2015, it has raised more than £600 million to build a technology ecosystem and leverages its network of investors, entrepreneurs and sector experts to pursue co-investment, recruit senior management, and launch spin-outs from Oxford research.
Creator Fund is a London-based venture capital firm that backs early-stage European technology and science startups. It focuses on deep technology, information technology, artificial intelligence and life sciences, with a preference for pre-seed and seed rounds and check sizes in the low hundreds of thousands of pounds. The firm seeks to back founders leveraging university-driven innovation to build the next generation of technology companies, supporting teams across Europe as they translate scientific advances into commercial products.
Zero Carbon Capital is a venture capital firm based in Hampshire, United Kingdom, that accelerates the zero-carbon transition by investing in early-stage climate tech companies in the UK and Europe. It focuses on pre-seed and seed investments in startups developing scientific or hardware innovations that address hard-to-solve emissions challenges, supporting ambitious teams aiming to significantly reduce greenhouse gas emissions through technology and innovation.
Pebblebed is a San Francisco-based venture capital firm founded in 2022 that concentrates on early-stage technology investments. Described as an early-stage venture fund and an intentional learning community for technologists, the firm backs technology companies across a range of sectors, including software, internet services, operating systems, and biotech. Pebblebed aims to support founders through formative funding rounds and practical guidance, helping portfolio companies navigate product development, scale, and market entry.
Tapestry VC is a venture capital firm based in San Francisco, founded in 2018, that invests in seed and pre-seed opportunities across the United States and Europe. It focuses on backing technical and repeat founders building in these regions.
Fresh Capital is a venture capital firm focused on consumer products and services, with an emphasis on brand building and growth-stage investments. Based in Shanghai, China and established in 2017, the firm targets opportunities in the Chinese consumption upgrades sector and across consumer categories including home and family, food and beverage, children and maternity, education, body and wellness, and consumer finance. It aims to add value beyond capital by providing comprehensive support to portfolio companies and leveraging a deep network in the consumer space, positioning itself as a founders' partner to help fast-growing brands scale through strategic resources and industry connections.
Kindred Ventures is a San Francisco-based seed-stage venture capital firm founded in 2014 by Steve Jang and Kanyi Maqubela. It focuses on early-stage investments across a broad range of technology-enabled sectors, including software, healthcare, telecommunications, consumer products and services, energy, e-commerce, information technology, artificial intelligence and machine learning, blockchain and cryptocurrency, climate technology, and other technology-based industries. The firm operates as a registered investment adviser and has backed more than 100 companies, supporting founders through early growth and scale.
CNB Capital is a venture capital firm headquartered in Vienna, Austria, focusing on deep-tech and technology-driven B2B startups across Europe. It typically backs seed and Series A rounds and emphasizes long-term commitment through an evergreen structure, aiming to build enduring partnerships without typical exit pressure. The firm seeks outstanding founding teams developing products that could transform their customers' industries and provides support, particularly in sales and marketing.
Cloudberry Pioneer Investments is a venture capital firm based in Luxembourg that backs early-stage startups in fintech, renewable energy, and high-performance computing. It aims to support innovators with ambitious goals and to drive industry transformation through resilient and innovative technology.
TK & Partners is a venture capital firm based in Bangkok, Thailand, founded in 2021. It targets investments across Southeast Asia in sectors including healthcare, construction tech, artificial intelligence, clean tech and decarbonisation, as well as wellness, foodtech and tourism.
Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable energy and environmental technologies in Sub-Saharan Africa. Founded in 2007, the firm targets growth-oriented opportunities across clean energy, energy efficiency, water treatment, waste management, sustainable agriculture, and related infrastructure. It provides equity capital across multiple stages, often acting as a lead investor and taking board seats in portfolio companies. The firm emphasizes both financial returns and measurable development outcomes, and it generally targets markets in Southern Africa with broader engagement across Africa. In addition to capital deployment, Inspired Evolution offers advisory services to support growth and sustainability strategies. The firm operates offices in Mauritius, Ivory Coast, Kenya, and London, enabling cross-border collaboration and sourcing opportunities.
Katapult Group is an Oslo-based accelerator and venture firm founded in 2016 that invests in early-stage technology startups, with a focus on climate and ocean-related initiatives. The company operates Katapult Accelerator, a program that supports startups in environmental, societal, and exponential technologies, and Katapult Ocean, an ocean-focused venture initiative. Together, these platforms aim to steward capital and innovation toward sustainable development, aligning impact with technology and fostering multi-stakeholder collaboration.
Vertex Ventures is a global network of operator-investors that manages portfolios across the United States, China, Israel, India and Southeast Asia, and supports portfolio companies with hands-on operating experience, access to capital, talent, partners and customers to help them build truly global businesses. The firm backs early-stage and growth-stage technology and healthcare companies, including software infrastructure, developer tools, data, security, vertical SaaS, cybersecurity and health tech, and benefits from the founders and operators on its team who actively guide portfolio companies through product, GTM and strategic partnerships to drive scale.
Uncorrelated Ventures is a venture capital firm founded in 2019 by Salil Deshpande and headquartered in San Francisco, California. It backs early-stage companies focused on infrastructure software and seeks opportunities in related areas such as decentralized finance, cryptocurrency, blockchain, and fintech.
Faber Ventures is a Lisbon-based venture capital firm that backs early-stage, deep-tech startups. Founded around 2013, it focuses on science-driven companies advancing AI, data analytics, climate tech, ocean tech, and Web3 across Southern Europe, notably Spain and Portugal. The firm follows a thesis-driven approach and supports portfolio companies with dedicated funds, investment teams, and expert advisors to accelerate global growth. It has backed entrepreneurs building in AI/Data, Web3, and climate-related applications, including early bets on Unbabel, SWORD Health, Codacy, iLoF, and YData.
VentureSouth is an angel investment group and early-stage venture organization based in Greenville, South Carolina, operating across the Southeastern United States. It develops and manages multiple angel investment groups and funds, drawing more than 550 investors across about a dozen groups, and has deployed over $80 million in more than 100 companies since its inception in 2008 (initially as the Upstate Carolina Angel Network). The organization focuses on startup and early-stage opportunities, particularly in manufacturing, logistics and healthcare sectors, and aims to connect entrepreneurs with capital and strategic support to accelerate growth.
Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.
Giant Ventures is an impact investment firm founded in 2019 and based in London, United Kingdom. It backs purpose-driven founders building companies that matter and focuses on opportunities in climate, health and wellness, and inclusive capitalism.
SET Ventures is an Amsterdam-based venture capital firm founded in 2007 that invests in European technology companies with a focus on sustainable energy and digital infrastructure. The firm targets early-stage startups and also engages in later-stage opportunities, prioritizing sectors such as energy generation, distribution and storage, energy efficiency, and related applications including smart buildings, smart cities, mobility, and industrial processes. Its portfolio emphasizes smart energy solutions that combine software, data analytics, and hardware components to enable carbon-free energy systems. SET Ventures backs companies with a strong digital DNA across information and communication technology, clean energy technologies, and grid-related innovations, aiming to improve energy generation, transmission, storage, and consumption. The firm is known for active involvement in portfolio companies, often taking a seat on supervisory boards to guide growth and scale across Europe.
Lenovo Capital and Incubator Group is Lenovo’s accelerator and venture capital unit that backs core technology and internet-related ventures worldwide. It focuses on areas such as cloud computing, big data, artificial intelligence, and robotics, aligning investments with Lenovo’s business research and development and strategic initiatives. By integrating Lenovo’s global resources and expertise, LCIG incubates startup ideas, funds early-stage innovations, and pursues new business directions to promote Lenovo’s future innovation and development.
Red Cedar Ventures is a venture capital firm founded in 2014 and headquartered in East Lansing, Michigan. It makes early‑stage investments in high‑tech startups commercializing intellectual property created at Michigan State University, supporting the commercialization of MSU research through its connection to the MSU Research Foundation as a wholly‑owned subsidiary. The firm focuses on Michigan-based technology ventures, helping entrepreneurs bring university-origin innovations to market.
Bank of Yokohama is a regional bank in Japan primarily serving Kanagawa Prefecture and southwestern Tokyo. Founded in 1920 to serve customers after a wave of bank failures, it traces its lineage to an earlier institution established in 1869 and claims the longest history of any Japanese bank. The bank offers general banking services to individuals and corporations, including credit cards, loans and housing finance, as well as life insurance, venture capital, investment trusts, inheritance-related services and advisory support.
Evok Innovations is a venture capital firm based in Vancouver, Canada, focused on cleantech and energy-transition technologies. It backs early-stage companies developing decarbonization solutions across North America, including carbon management, clean fuels, electrification, and critical minerals, with investments spanning sectors such as cleantech, energy and infrastructure to accelerate deployment of critical energy transition technologies.
Vessel Capital is a New York-based venture capital and investment firm established in 2021 that backs technology companies, with a focus on web3 infrastructure and cryptocurrency ecosystems, as well as other groundbreaking technologies.
Highlight Capital is a Shanghai-based venture capital firm established in 2014 that invests in China's healthcare sector, including healthcare services, biomedicine, medical technology, mobile health, and pharmaceuticals, with a focus on supporting growth of healthcare companies and partnering with entrepreneurs committed to high standards.
Karma Ventures is a Tallinn-based venture capital firm that backs early-stage technology companies across Europe, with a focus on late-seed and Series A rounds. It invests in software, deep-tech, and ICT startups that demonstrate strong technology, customer traction, and international ambition. The firm targets European teams and supports them through multiple rounds, typically committing up to a few million euros per company and pursuing follow-on investments as needed. Karma Ventures operates from Estonia with additional offices in Luxembourg, and it partners with entrepreneurs to define paths to growth across commercial, strategic, and technical dimensions.
Inven Capital is a Prague-based venture capital firm that invests in climate tech and sustainable startups across Europe and Israel. It targets late-stage growth opportunities in areas such as clean energy, energy efficiency, distributed generation, storage, flexibility, IoT, green transportation, smart home and software models that decarbonize households and agriculture. The firm supports portfolio companies with strategic guidance and active involvement, including piloting on customer and asset bases and access to an energy trading desk. Founded in 2014, Inven Capital seeks long-term value through close collaboration with founders to scale innovations in the energy transition. It is backed by ČEZ, a major European energy utility, and the European Investment Bank, with substantial capital at its disposal.
Voyager (US) is a venture capital firm based in San Francisco and New York that makes early-stage investments in climate technology companies across mobility, energy, materials, food, the built environment, analytics, industrial systems, and carbon removal. It partners with founders at pre-seed, seed, and Series A stages to support decarbonization and climate solutions.
Citigroup is a diversified financial services company that provides a broad range of products and services to consumers, corporations, governments, and institutions worldwide. It operates through two main segments: Global Consumer Banking, which offers traditional retail banking, Citi-branded cards, and related services to retail customers; and Institutional Clients Group, which delivers wholesale banking, fixed income and equity sales and trading, foreign exchange, prime brokerage, derivatives, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. The firm maintains a global footprint and emphasizes sustainability and social responsibility as part of its business strategy.
49th State Angel Fund is a government-backed investment program operated by the Municipality of Anchorage, Alaska. Initiated in 2012 with funding from the U.S. Treasury State Small Business Credit Initiative, it makes direct and indirect investments in Alaska-based businesses. The program partners with other funds to provide private-to-public capital matches and offers managerial and entrepreneurial expertise to investees, with the aim of promoting entrepreneurship, fostering innovation, creating jobs, and delivering economic benefits to the citizens of Anchorage.