Planet A Ventures closes impact fund at € 160 million euros
Hamburg — Planet A Ventures was able to raise an investment volume of € 160 million for its impact fund. Investors include Allianz Investment Management, BMW, KfW Capital, REWE and the Danish state investment fund Vaekstfonden. In addition, the fund is supported by well-known serial entrepreneurs such as Rolf Schrömgens (Trivago Co-Founder) Maximilian Backhaus (Global CMO HelloFresh) and Rubin Ritter (Ex-Zalando Co-CEO).
The fund scores high on its scientific approach to impact investing. For example, Planet A Ventures has its own scientific team that performs so-called “life cycle analyses” as part of the due diligence process. In addition to CO2 emissions, this form of analysis also takes into account, among other things, biodiversity protection, resource conservation and waste reduction.
About Planet A Ventures
Planet A Ventures is a venture capitalist investing in European green tech startups that have a significant positive impact on our planet. As a venture capitalist, Planet A aims to contribute to an economy within planetary boundaries. Planet A supports innovations in four key areas: Climate protection, waste prevention, resource conservation and biodiversity protection. As the first European VC, Planet A bases its investment decisions on scientific lifecycle analysis and helps founders scale their impact. Investments include traceless materials (plastic alternatives), Ineratec (e‑fuels), C1 (green methanol), GA Drilling (geothermal), 44.01 (carbon storage), and Makersite (decarbonizing supply chains).
www.planet‑a.com
Advisor Planet A Ventures: YPOG
Dr. Julian Albrecht (Structuring/Tax), Partner Theresia M. R. Heinrich (Structuring), Associate Lennart Lorenz (Regulatory), Partner, Stefanie Nagel (Regulatory), Senior Associate