About This Fund
Climate Tech Portfolio Fund III is a fund-of-funds vehicle managed by Carbon Equity B.V., an Amsterdam, Netherlands-based alternative investment fund manager licensed and supervised by the Authority for the Financial Markets (Autoriteit Financiële Markten, registration number 15005329). The fund provides accredited and institutional investors with curated access to a diversified portfolio of leading climate technology venture capital and private equity funds, creating exposure to over 150 breakthrough climate technology companies across early and growth stages in North America and Europe. As the third vintage in Carbon Equity's flagship Climate Tech Portfolio Fund series, the fund builds on prior vintage learnings to refine GP selection criteria and co-investment sourcing across the climate technology ecosystem.
Carbon Equity's fund-of-funds approach aggregates capital across a carefully selected portfolio of top-tier climate-focused fund managers, enabling investors to gain diversified exposure to climate innovation across clean energy, sustainable industry, food and agriculture, transportation, buildings, and carbon management. The two-sleeve structure combines primary fund commitments with high-conviction co-investments alongside portfolio GPs, balancing broad diversification with targeted exposure to standout companies. Geographic allocation focuses on North America and Europe, capturing the deep pools of climate technology innovation across Silicon Valley, Boston, New York, London, Amsterdam, and other major innovation centers. The fund provides institutional-grade climate access at minimum commitment levels accessible to sophisticated private investors, a key differentiating feature relative to direct fund manager subscriptions that typically require commitments of $1 million or more.
Carbon Equity has established itself as a leading European gateway to climate technology private markets, operating a regulated AIFM structure in the Netherlands that provides strong investor governance protections consistent with European fund law. The firm's Climate Tech Portfolio Fund series has enabled European and international investors to access premier US- and Europe-based climate VC managers who might otherwise require multi-million-dollar minimum commitments. Fund III represents a closed vintage that completed its investment period, providing investors with a realized track record foundation upon which Carbon Equity has continued to refine its GP selection methodology. The subsequent launch of Climate Tech Portfolio Fund IV reflects the demand for this access-oriented climate FoF strategy among institutional and sophisticated individual investors.