In the dynamic world of venture capital, a new generation of firms is making waves around the world. From Europe to Africa, Asia, and North America, these firms are revolutionizing the business scene by investing in ESG startups.
However, they are not only providing much-needed capital to these startups but also nurturing innovation and driving sustainable growth in their respective regions. Additionally, by investing in ESG efforts, these firms incentivize more startups to adopt ESG practices in actualizing their innovative ideas, thus promoting positive environmental and social reforms.
Here, we delve into the unique focus and strategies of 7 venture capital firms investing in ESG startups:
1. 10x Founders:
Based in Germany, 10x Founders supports early-stage tech startups around the world, especially in the DACH region (Germany, Austria and Switzerland). Additionally, the firm leverages a robust network of successful entrepreneurs and investors to provide not just capital but strategic mentorship and resources. With a focus on sectors such as software, fintech, and deep tech, 10x Founders aims to accelerate the growth of innovative, sustainable startups, ensuring they have the tools and support to grow effectively. A few of these remarkable startups that the firm supports include: Fernride, sustainable logistics company; Cyclib, a startup that sustainably recycles batteries for electric vehicles; and Lenco, a Nigerian-built mobile bank app for freelancers, SMEs, and tech startups.
2. 100X.VC:
Over in India, 100X.VC is a venture capital firm that stands out for its distinctive approach to early-stage investments. The firm utilizes iSAFE (India Simple Agreement for Future Equity) notes to streamline the investment process. This approach is designed to be more founder-friendly, making it easier for startups to secure the initial capital needed to grow. Moreover, 100X.VC's portfolio spans a wide range of sectors, including technology, consumer goods, healthcare, and education, all aimed at fostering significant players in their industries. As a result, you can find startups like Battery Pool, BreatheESG, and Emo Energy among the ESG-compliant companies supported by 100X.VC.
3. 20 Ventures:
In Italy, 20 Ventures is making its mark by providing hands-on support to early-stage technology-driven startups. Furthermore, the firm focuses on sectors such as digital health, artificial intelligence, and clean technology in a bid to support innovative solutions that can disrupt traditional markets. Their approach basically involves deep engagement with their portfolio companies, ensuring they receive the guidance and resources needed to thrive in competitive markets. Sustainable startups like Levante are one of such companies backed by 20 Ventures.
4. A2D Ventures:
Based in Thailand, A2D Ventures is a venture capital firm that prioritizes investing in early-stage startups across Southeast Asia. The firm seeks to accelerate the growth of innovative startups so as to enable them to create more job opportunities, empower individuals, and also contribute to the sustainable growth and development of southeast Asia. A2D Ventures raises capital for these startups through their large community of angel investors and family offices. The firm is committed to backing visionary entrepreneurs that have the potential to disrupt industries and create new market opportunities. Notably, sustainable startups like Sleek EV and Baniql are among the remarkable companies backed by A2D Ventures.
5. ABB Technology Ventures:
ABB Technology Ventures (ATV) is the corporate venture capital arm of ABB Group, a global leader in industrial technology and automation. ATV focuses on investing in breakthrough technologies that align with ABB's core business areas, including robotics, industrial automation, electrification, and digitalization. The firm targets early-stage to growth-stage startups that are developing innovative solutions capable of transforming industries and driving sustainability. ABB Technology Ventures provides not only financial support but also access to ABB's vast industrial expertise, global market presence, and extensive customer base, which can significantly accelerate a startup's development and market penetration. In a bid to achieve their goal of enabling a more sustainable future, they are actively investing in sustainable startups like Lumin, Direct Energy Partners, and Okto Grid.
6. Alpha Intelligence Capital VC Firm:
Alpha Intelligence Capital (AIC) is a venture capital firm specializing in artificial intelligence and deep-tech investments. AIC focuses on backing startups that are leveraging AI to create transformative solutions across various industries, such as healthcare, finance, transportation, and cybersecurity. As a result, they seek out companies with strong technical foundations and the potential for significant market impact. AIC provides its portfolio companies with deep domain expertise, strategic insights, and a robust network of industry connections to help them navigate the complexities of scaling AI-driven technologies. This is because their mission is to support the next generation of AI innovators and help them achieve global success. Said innovators include startups like Our Next Energy.
7. The Catalyst Fund:
With over 80 portfolio startups accelerated by them, The Catalyst Fund focuses on supporting innovative fintech and sustainability-driven startups in developing regions, especially in Africa. Since its launch in 2015, the firm has positioned itself as a key player in the global effort to expand financial access and resilience among low-income communities. Its aim is to support entrepreneurs with innovative ideas that can tackle challenges plaguing the world today, most especially climate change. This is why it actively invests in firms like Bekia, Biobuu, Coldhubs, Farmz2U, NoorNation, Thola, and much more.
In essence, these seven venture-capital firms exemplify the diverse and vibrant landscape of venture capital across different regions. Each firm brings a unique approach to supporting startups, tailored to the specific needs and opportunities within their regions.
Moreover, they are not only funding the future but actively shaping it. As they continue to nurture the next generation of successful startups, their impact will undoubtedly resonate across the global economy and encourage sustainable development.
Like the startups supported by these VC firms, Redcity is also ESG compliant. Discover the services we offer here and click here for more news and updates.
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