European Investment Fund invests €50M in climate tech VC World Fund: Know more
Summary
The European Investment Fund (EIF) announced on Wednesday that it is investing €50M into World Fund, a climate tech venture capital fund. This marks one of the largest investments EIF has made into a first-time VC fund. The latest investment is part of EIF’s mission to support high-growth SMEs across Europe and ensure that at least 16 per cent of its activity is in climate and environment-related projects in 2022.
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