I am a freelance reporter based in Dublin covering many areas around the technology industry. I was previously a reporter at Fora and was a regular contributor to Tech.eu. My byline has also appeared on BBC News, Vice, and Mashable.
World Fund, the European climate tech investor, has closed its fund at €300 million as it prepares to ramp up its investing.
"The last year was really difficult. Things looked bright , it was difficult to start and to have the first investors but as soon as we got them, mainly high net worth individuals, then it was comparably easy to convince even institutional investors like the European Investment Fund to invest," he said.
The fund hasn’t limited itself to any particular sectors but will only invest in companies that can significantly reduce emissions in their sector. Some of its investments include backing food start-ups like Planet A Foods and in the quantum computing space with IQM Quantum Computers.World Fund will invest in seed and Series A stages of companies with a portion of its capital set aside for follow-on investments.
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