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.