About This Fund
World Fund is a €300 million VC fund focused on climate tech companies. It aims to make 25-30 investments in European startups around decarbonization, with a focus on hardware for climate. As of March 2024, the fund has already invested in companies such as IQM Quantum Computers, Space Forge, Planet A Foods, Juicy Marbles, ENOUGH, CustomCells, recycling company Cylib, and proptech startups aedifion and Ecoworks. The fund is backed by the European Investment Fund, KfW Capital, Wachstumsfonds, Bpifrance, PwC Germany, NRW.BANK, Ignitis Group, and several pension funds including the U.K. Environment Agency Pension Fund, Wiltshire Pension Fund, and Croatia’s Erste Plavi. The fund only invests in decarbonization technologies and reserves more than two-thirds of its capital for follow-on investments to bridge the later-stage gap in Europe. The Berlin-based World Fund was founded in 2021 and has offices in Berlin, Munich, Cologne, and Amsterdam.