€125 Million Climate Tech Fund Launched by French VC Axeleo Capital to Drive Europe’s Green Transition

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Axeleo Capital, a prominent French venture capital firm, has recently announced the launch of its €125 million Green Tech Industry I fund, aiming to drive innovation in Europe’s green technology sector. This initiative underscores the growing emphasis on climate tech as a pivotal component in addressing environmental challenges and fostering sustainable development.

Context and Background

Established in 2017, Axeleo Capital has built a reputation for supporting B2B software and greentech startups across Europe. With nearly €300 million in assets under management, the firm has made over 70 investments and achieved 18 successful exits within the past 24 months.

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