10 European VCs raise fresh capital in 2026 for climate and planet-focused startups
Several European venture capital funds have announced new financing rounds in 2026 to back climate and environmental technology companies. Climate-related startup funding across the continent has already reached around €938 million this year.
Europe has warmed by roughly 2.5°C above pre-industrial levels, making it the fastest-warming continent on the planet, according to the latest European State of the Climate report. Over the past three decades, temperatures on the continent have risen at about twice the global average pace. While technology alone cannot solve the climate crisis, innovation is expected to play a key role in what comes next.
EU-Startups has compiled a list of ten European investors that announced fresh capital in 2026 for climate- and planet-focused strategies, ranging from smaller specialist funds to large growth vehicles. At the lower end, Amsterdam-based water technology investor PureTerra Ventures received a €10 million cornerstone commitment toward its second fund, while Zurich and San Francisco-based VitaminºC closed its debut climate fund at €18 million.
In the middle of the ranking are Copenhagen's Climentum Capital (€60 million), Norrsken Evolve (€62 million), Munich-based Ananda Impact Ventures (€73 million), Copenhagen's The Footprint Firm (€76 million) and the UK's Clean Growth Fund (€94.5 million).
The top three
The list is topped by three larger funds. Zurich-based Emerald Technology Ventures announced its Global Water Fund II reaching €100 million, on its way to an eventual target of €150–180 million. Paris-based Slate Venture Capital secured a €132 million first close for its debut growth fund, aiming for roughly €250 million in total.
London-based 2150 leads the ranking by a wide margin, having completed a €210 million final close for its second fund in January, bringing its total assets under management to €500 million. The firm invests in technologies supporting the future of cities and industrial systems, including industrial heat, carbon removal, metals recycling and lower-carbon cement.
Together, these funds illustrate growing investor appetite for climate and environmental technology in Europe, a sector that has already attracted close to €938 million in startup funding this year across industrial decarbonisation, energy storage and circular economy ventures.
