Dutch VC firm SHIFT Invest shifts into high gear to boost sustainability in mobility and logistics; expands fund to €110M
Summary
Netherlands-based SHIFT Invest, a venture capital fund that invests in ‘innovative’ enterprises with positive environmental impact potential, announced on Wednesday that it expanded its fund to €110M to accelerate the sustainable transition of mobility and logistics. The Fund’s previous closing was at €70M in September, 2020. In a statement, SHIFT Invest reports that it is now the largest Dutch VC fund to back entrepreneurs who are tackling climate change, biodiversity loss and natural resource depletion.
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