UK’s Sky Group to anchor new €116.5M fund powered by Founders Factory to back planet-positive tech

Funding Rounds

▤ Summary

UK-based Sky Group announced on Monday that it is anchoring a new £100M (approximately €116.57M) ‘operator-first’ venture capital fund called Planet Fund. Powered by London-based Founders Factory, the fund will back early-stage entrepreneurs launching planet-positive technologies. Planet Fund, which aims to close the funding gap for seed-stage climate firms, provides entrepreneurs with Founders Factory’s holistic approach to company formation, including high-conviction money, execution assistance, and an unrivalled network.

$ Funding

$
Amount - Total raised
□
Date - Announcement date
◎
Investors Founders Factory, Sky Ocean Ventures Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
No applications detected

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies