Impact Investors in Europe

BonVenture is a pioneering impact investment firm based in Germany, dedicated to supporting social enterprises that create measurable societal and environmental value. BonVenture has been a leading player in the DACH region, financing organizations that address pressing social challenges through innovative business models. The firm blends traditional venture capital principles with a strong commitment to purpose-driven investing. BonVenture provides capital to early- and growth-stage enterprises across sectors such as education, healthcare, climate solutions, inclusion, and digital participation. In addition to funding, the firm offers strategic support, access to its extensive impact ecosystem, and ongoing monitoring to ensure that both financial and impact objectives are met. Each investment is rigorously evaluated using impact measurement frameworks to ensure transparency and accountability. Operating out of Munich, BonVenture manages multiple impact funds and collaborates closely with foundations, family offices, and institutional investors who share its mission of achieving positive change. The firm continues to drive the growth of social entrepreneurship in Europe, proving that strong impact and financial sustainability can go hand in hand.

Creas is a pioneering impact investment firm based in Spain, dedicated to financing companies that generate measurable positive social and environmental outcomes. Founded in 2009, Creas blends financial return expectations with a strong commitment to sustainability and social innovation. The firm invests in scalable, mission-driven businesses that tackle critical societal challenges while delivering competitive market performance.Creas focuses on early to growth-stage companies in sectors such as education, healthcare, sustainable food, social inclusion, and clean technologies. Its investment strategy is guided by the principle of “impact first with financial discipline,” meaning each investment must demonstrate both a sustainable business model and a strong, intentional impact strategy. The firm actively supports its portfolio companies with strategic guidance, governance, and access to its impact-driven ecosystem.Operating from its Madrid and Valencia offices, Creas is a leading force in building the impact investing market in Spain and across Southern Europe. The firm collaborates with institutional investors, family offices, and foundations that seek to align capital with purpose. Creas is also a member of several international impact networks and adheres to global best practices in impact measurement and ESG governance.

DOMiNO Ventures is a venture capital firm that focuses on backing high-tech, pure-digital, and first-day global startups. The firm primarily supports emerging founders from Eastern Europe, Central Asia, and the Caucasus, helping them to realize their global ambitions. They invest across early and growth stages, specifically from Seed to Series B, targeting AI-driven technology companies with strong global scaling potential. DOMiNO Ventures emphasizes a long-term partnership approach, providing support and guidance throughout the entrepreneurial journey.Established in 2021 and headquartered in Amsterdam, Netherlands, DOMiNO Ventures was founded with a mission to create a "DOMiNO Effect" for a better future by investing in innovative solutions to modern world problems. The firm is committed to fostering a sustainable future through its Better Future Goals (BFGs) framework, which aligns with several UN Sustainable Development Goals, including good health and well-being, gender equality, affordable and clean energy, and climate action. They also run the BetterFuture AI Acceleration Program to impact the startup ecosystem in Central Asia and the Caucasus.The firm's portfolio includes a diverse range of companies such as Antiverse, an AI-driven antibody discovery platform; Validfor, a next-generation Validation Lifecycle Management platform; Polygraf, an enterprise-grade AI security platform; Co-one, an AI & crowdsource-based data platform; EVE, an AI-powered revenue automation platform; Algoma, an AI-powered platform for real estate feasibility analysis; Remus Energy, an AI-native energy platform; and TASS Vision, an AI-driven computer vision platform for retail. These investments highlight DOMiNO Ventures' commitment to supporting disruptive technologies across various sectors.The DOMiNO Ventures team comprises experienced professionals, including Managing Partners Mustafa Kopuk and Yagiz Karadeniz, along with Directors and Associates specializing in investment and compliance. The firm also leverages a network of advisors and fellows. Their global presence, with offices in key hubs across Europe and Central Asia, combined with their hands-on approach and focus on impact-driven investments, positions them as a strategic partner for founders aiming for global scale.

Edmond de Rothschild Group is a conviction-driven, family-owned investment house founded in 1953 by Baron Edmond de Rothschild in Paris. The group operates as an independent financial institution headquartered in Geneva, Switzerland, dedicated to creating wealth with purpose through strategic capital deployment across multiple asset classes. The organization combines private banking, asset management, and direct investment capabilities while maintaining full family ownership and oversight, serving high-net-worth individuals, family offices, and institutional investors globally.With CHF 184 billion in assets under management, the group employs approximately 2,700 professionals across 28 offices in 14 countries. Its service offerings encompass private banking, asset management (including equities, fixed income, and multi-asset strategies), real estate investment, private equity, corporate finance, infrastructure debt, and funds management. The company has established itself as a pioneer in impact investing and sustainable finance, managing CHF 27.1 billion in assets according to responsible investment strategies.Beyond traditional wealth management, Edmond de Rothschild operates an extensive ecosystem of lifestyle and philanthropic assets through the Edmond de Rothschild Heritage brand, which includes prestigious wine estates, luxury hotels, fine dining restaurants, and gourmet food production. The group also maintains the Edmond de Rothschild Foundations, an international network of foundations reflecting the Rothschild family's centuries-old philanthropic tradition.

Energy Impact Partners (EIP) is a global investment firm dedicated to accelerating the transition to a sustainable energy future. The firm strategically invests in innovative companies across the energy, mobility, smart infrastructure, and climate technology sectors. EIP's unique model fosters collaboration between brilliant entrepreneurs and some of the world's most influential corporate partners, including leading utilities and industrial companies, to drive innovation and scale solutions globally.Founded in 2015 by Hans Kobler, EIP was established with the premise of advancing climate innovation through a collaborative approach. Kobler, a veteran in energy and climate technology investing, brought together a team with deep expertise in venture capital, growth equity, and operational roles. The firm's founding vision was to bridge the gap between emerging technologies and established energy players, creating a powerful ecosystem for decarbonization.EIP's diverse portfolio showcases its commitment to a cleaner energy landscape, featuring companies like Form Energy, which is pioneering battery technology to reshape the global electric system; Dragos, an industrial cybersecurity firm focused on securing critical infrastructure; and Arcadia, a platform promoting clean, renewable power across the United States. Other notable investments include Urbint, leveraging AI for utility safety and resilience, and Enchanted Rock, providing on-demand electric reliability through microgrids.The firm boasts a comprehensive team of investors, researchers, and operators with decades of experience in the energy and technology sectors. Key leaders include co-founders Lindsay Luger and Joshua Feldman, alongside managing partners like Hans Kobler and Sameer Reddy. This deep bench of expertise allows EIP to provide not only capital but also strategic guidance, market access, and operational support to its portfolio companies, ensuring their success and maximizing their impact on the global energy transition.

LeapFrog Investments is a pioneering impact investment firm founded in 2007, with a mission of "Profit with Purpose." The firm focuses on scaling high-growth, purpose-driven businesses that provide essential healthcare, financial services, and climate solutions to emerging consumers in Africa and Asia. LeapFrog’s portfolio companies have reached over 559 million people, including 403 million low-income consumers, and generate more than $7.1 billion in annual revenues, supporting 33 million jobs through micro-, small, and medium enterprises (MSMEs).With a strong emphasis on combining profitability with social impact, LeapFrog partners closely with portfolio companies to drive growth, operational excellence, and customer-centric innovation. The firm employs proprietary value creation programs such as the Talent Accelerator and Customer Experience Launchpad to enhance leadership and service delivery. LeapFrog’s investments typically grow revenues at an average annual rate of 22-24%, demonstrating robust financial and social returns.Headquartered in Mauritius with offices across Africa, Asia, Europe, and Australia, LeapFrog has raised over $2.6 billion from global institutional investors including Temasek, Prudential Financial, and the Overseas Private Investment Corporation (OPIC). The firm is recognized globally for its leadership in impact investing, having been named by Fortune as one of the top five Companies to Change the World and playing a key role in establishing industry standards for impact measurement and management.

Lightrock is a global sustainable investment platform headquartered in London, with six offices worldwide including Zürich, Utrecht, Bengaluru, Nairobi, and São Paulo. Founded in 2009 by Prince Maximilian of Liechtenstein, Lightrock focuses on backing purpose-driven entrepreneurs who tackle the world’s biggest challenges through scalable, tech-driven business models. The firm operates across private and public markets, managing over $5.5 billion in assets and supporting more than 90 portfolio companies globally. Lightrock’s investment approach centers on three core impact themes: people, planet, and productivity/tech for good. The firm actively supports its portfolio companies to scale internationally and maximize both commercial success and measurable social and environmental impact. Their proprietary ESG and impact frameworks guide investments across sectors such as ClimateTech, Healthcare, SaaS, FinTech, RegTech, Cybersecurity, HRtech, and EducationTech. With a diverse team of over 130 employees, Lightrock combines global reach with a local approach, maintaining offices in key regions including Europe, North America, Latin America, Asia, and Africa. The firm is backed by LGT, an international private banking and asset management group, and other leading global institutions. Lightrock is also a certified B Corporation, reflecting its commitment to responsible and impactful investing.

Meraki Impact is an investment firm dedicated to catalyzing the regeneration of the planet and its people through a focused approach on the food system. The firm employs catalytic capital to drive transformative changes, primarily by shifting conventional agricultural practices towards regenerative agriculture. Their investment thesis centers on proving the profitability and scalability of regenerative agriculture, making direct investments at the farm level and supporting early-stage companies and innovative fund managers aligned with their impact-oriented mission. The firm also invests in related areas such as biotechnology, clean energy, circular economy, sustainable production, agri-tech, food-tech, biodiversity, and soil health.The firm embarked on its impact investing journey in 2017, founded by Fernando Russo and Anaisa Seneda. Fernando Russo serves as the General Manager and brings over two decades of business experience, including nine years managing his own company. His commitment to impact investing since 2016 stems from his strong belief in a sustainable food system as a crucial pathway to restoring natural ecosystems.Meraki Impact's investment portfolio includes companies like reNature, an organization focused on regenerative agroforestry, and Natural Tableware, operating within the wood containers and packaging industries. The firm's strategy involves both direct investments in regenerative farms and allocations to impact funds, aiming to foster innovation and demonstrate the viability of regenerative practices across the food value chain.Meraki Impact boasts a diverse and experienced team. Fernando Russo leads as Founder and General Manager, while Vinícius Contieri, based in Amsterdam, heads investments with a background in Chemical Engineering and a CFA Charterholder. Raquel Rodrigues manages operations and community, leveraging over 20 years in business development and a Master's in Ecological Design Thinking. The investment committee includes seasoned professionals like Alberto Sansiviero Junior, with extensive financial markets experience, and Antonio Azevedo, CEO of Luxor Group, alongside Chairman Dr. Ewaldo Russo, a physician-executive with a Post-Doctorate from Harvard University.

Meridian Health Ventures is a London-based investment firm operating as the first transatlantic health tech fund. The firm focuses on investing in clinical innovators across Digital Health and MedTech, aiming to enable the adoption of transformative solutions at scale. They specialize in helping ambitious founders and health tech ventures to thrive domestically in the UK while accelerating their growth in the US. The firm collaborates with health system partners and its portfolio companies to generate real-world data and evidence, which is crucial for broader adoption of their solutions.Originally launched in 2021 as KHP Ventures, Meridian Health Ventures was established through a partnership involving General Catalyst, Speedinvest, and several NHS trusts, including Guy's and St Thomas', King's College Hospital, and University College London Hospitals, alongside US hospital groups Cedars-Sinai Medical Center and Hartford HealthCare. The firm's unique value-adding model emphasizes building solutions with patients, professionals, and health systems from the outset, creating alignment and supporting key milestones for its portfolio companies. In October 2024, Meridian Health Ventures further expanded its thematic investing by launching Europe's first dedicated mental health tech fund, the Innovations in Mental Health (IMH) Fund, in partnership with the Wellcome Trust and South London and Maudsley NHS Trust.The firm's portfolio includes a range of fast-growing health tech companies such as Apian, 52 North, Doccla, deepc, Patchwork, Tympa Health, iFAST Diagnostics, PocDoc, Phare Health, MediShout, and Klaris. These companies have collectively deployed solutions in numerous NHS Trusts and are expanding their presence in major US healthcare providers. Meridian Health Ventures provides practical, hands-on support, including connectivity to key NHS stakeholders, guidance on building robust evidence for innovations, and connections to health systems in both the UK and the US.Meridian Health Ventures is managed by a team of experienced health tech operators and clinical entrepreneurs who have transitioned into early-stage investors. The team, including Co-Managing Partners Dr. Nadine Haram and Daniel Dickens, and General Partners Dr. Pooja Sikka and Tim Irish, brings a diverse background spanning venture capital investment, finance, legal and regulatory expertise, clinical practice and research, NHS operations, and health policy. This blend of clinical and investment experience allows them to identify and support promising founders in healthcare effectively.

Norrsken VC, founded in 2017 and headquartered in Stockholm, Sweden, is a pioneering European venture capital firm dedicated to investing in early-stage startups that address the world’s most pressing social and environmental challenges. Born out of the non-profit Norrsken Foundation, it operates as an SFDR Article 9 "Dark Green" fund, ensuring every investment aligns with at least one of the 17 United Nations Sustainable Development Goals (SDGs). The firm supports entrepreneurs who prioritize impact alongside building scalable, profitable businesses. With a portfolio of over 50 companies, including notable unicorns like Northvolt, Einride, and 1KOMMA5°, Norrsken VC focuses on pragmatic, results-driven impact investing. The firm provides startups not only with capital but also with access to a global ecosystem of 20,000 impact-driven entrepreneurs, knowledge, and networks. Their investment approach emphasizes transparency, collaboration, and a culture of ownership and continuous learning, aiming to transform industries and challenge the status quo. Financially backed by Swedish government-owned Saminvest AB, Folksam, KfW Capital, and supported by the European Investment Fund under EU programs, Norrsken VC manages assets exceeding $345 million (Fund II alone). The firm invests primarily in Europe but also supports ventures in Africa through dedicated funds. Their sector focus spans climate tech, AI for good, health, education, energy, sustainable real estate, and more, targeting seed to growth-stage companies that combine innovation with measurable impact.

Old College Capital (OCC) is the corporate venture arm of the University of Edinburgh, established in 2011. The firm functions as the university's venture investment fund, managing early-stage investment activities and shareholdings. Its primary mission is to support innovative ideas and technologies emerging from the University of Edinburgh, accelerating the journey of startups and spin-out companies that aim to make a positive impact on society and the planet. OCC operates with a long-term investment horizon, reinvesting its returns to foster the next generation of early-stage companies.The firm focuses on providing growth and development finance to early and mid-stage spin-out and start-up companies, often participating in syndicated venture capital rounds. Old College Capital employs a co-investment model, partnering with experienced private sector investors. Their investment strategy includes pre-seed initiatives, such as 'OCC Launch' with typical investments of £20k-£50k, and 'OCC Ventures' for Seed to Series A rounds, with typical cheque sizes ranging from £150k to £250k. They also manage the University's founding shareholdings in spin-outs through 'OCC Equity'.Old College Capital has a strong track record of investing in deep-tech sectors, including artificial intelligence, cleantech, agtech, biotechnology, medtech, therapeutics, semiconductors, and broader technology and life sciences. Notable investments include Carbogenics, a company in environmental services; MiAlgae, a circular economy business; Invizius, developing solutions for dialysis patients; Sunamp, a thermal energy storage company; and Bioliberty, a healthtech firm combining AI with soft-robotic wearable devices for physical rehabilitation.The team at Old College Capital comprises experienced deep-tech, early-stage investment specialists dedicated to translating university research and innovation into impactful ventures. Andrea, a founding team member, brings over 30 years of investment and venture capital experience. The team works collaboratively with founders, investors, and the broader University ecosystem, leveraging strong relationships with over 150 investors to help University of Edinburgh companies secure the right funding and expertise to flourish.

Oppenheimer Generations is a family office representing the global interests of the Nicky and Jonathan Oppenheimer family. Established in 2018, the firm operates as a diverse community of commercial ventures and not-for-profit organizations. Their core philosophy centers on investing in business, people, and the environment as a catalyst for sustainable development and growth, with a strong commitment to leaving the world better than they found it and building prosperous societies through focused engagement across various lands, cultures, and communities.The firm's investment focus is broad, encompassing sectors such as consumer goods, food and agriculture technology, business and productivity software, and educational and training services. They engage in various investment stages, including Seed and Series C rounds, and are actively seeking new investments. Oppenheimer Generations has demonstrated a commitment to impact investing, aligning their commercial activities with their philanthropic goals to foster positive societal and environmental outcomes.Notable investments by Oppenheimer Generations include companies like Growsari and BluLever Education. Growsari, a business/productivity software company, received a Series C investment in 2024, while BluLever Education also forms part of their portfolio. The firm often co-invests with other funds, indicating a collaborative approach to its investment strategy.The leadership of Oppenheimer Generations includes Nicky and Jonathan Oppenheimer, who bring extensive experience from their careers in prominent global corporations and their long-standing commitment to conservation and education. Jonathan Oppenheimer serves as Executive Chairman, actively involved in the family's commercial and philanthropic endeavors, while Nicky Oppenheimer, as Chairman, continues his legacy in environmental and conservation leadership, also supporting educational initiatives through the Oppenheimer Memorial Trust.

Ring Capital is a prominent impact investment firm based in Paris, France, managing €470 million in assets, all of which are dedicated to fostering positive social and environmental change. The firm actively directs capital towards innovative companies that provide vital solutions to major global challenges, ranging from climate change and sustainable agriculture to inclusive services and healthcare accessibility. Their investment philosophy emphasizes supporting entrepreneurs and enterprises to achieve both significant impact and strong business performance, investing across various stages from pre-seed to growth, primarily in Europe and Africa.The firm was established in 2017 by Geoffroy Bragadir, a successful web entrepreneur known for founding Empruntis, and Nicolas Celier, an experienced investor and former partner at Alven Capital. Their vision was to create an investment ecosystem that not only provides capital but also actively supports companies in maximizing their impact and growth.Ring Capital operates through several specialized investment strategies to address diverse needs and stages. These include Ring Altitude, a Growth Buy-out fund focused on French impact scale-ups; Ring Mission, a Venture Capital fund for startups with core businesses addressing social or environmental issues; Ring Generations, which targets pre-seed and seed-stage companies; Ring Africa, an early-stage venture fund dedicated to startups in West Africa; and Ring Foundation, a philanthropic fund supporting tech associations that promote inclusion. The firm also cultivates a broader ecosystem through initiatives like PALM, a women's leadership program, TechYourPlace, promoting diversity and inclusion in tech, and #UnitedforImpact, an initiative advocating for impact investing at the EU level.The Ring Capital team is built around complementary skills, combining the expertise of seasoned tech operators and recognized investors. Founders Geoffroy Bragadir and Nicolas Celier lead a team that provides operational support, strategic guidance, and access to a network of experts and mentors through the Ring2Success program. Elisabeth Moreno serves as the Chairwoman, further strengthening the firm's leadership.

Ship2B is a leading impact investment firm and accelerator based in Spain, focused on supporting startups and investment vehicles that deliver measurable social and environmental impact. Founded in 2013, Ship2B aims to transform the economy by aligning capital with purpose. The organization bridges the gap between impact-driven entrepreneurs and investors who seek both financial return and systemic change. Through its accelerator programs and venture capital fund, Ship2B supports early-stage companies in sectors such as health, sustainability, and social inclusion. It offers tailored mentoring, access to a network of corporate partners and co-investors, and post-investment support to drive scale and measurable impact. Ship2B is also a founding partner of BSocial Impact Fund, one of the first impact funds in Spain, co-managed with Fundación Ship2B and supported by the European Investment Fund. Headquartered in Barcelona, Ship2B plays a key role in developing the impact investing ecosystem in Southern Europe. It collaborates with foundations, corporations, and public institutions to promote systemic change through innovation and impact finance. Ship2B’s mission is clear: to activate capital and entrepreneurship for the common good.

Unconventional Ventures is a European venture capital firm dedicated to investing in early-stage startups led by underrepresented founders. With a strong belief that diversity drives innovation, the firm focuses on supporting teams that challenge the status quo and bring fresh perspectives to technology and business. Unconventional Ventures is particularly passionate about funding women, LGBTQ+, and minority founders who are building scalable and impact-driven solutions. The firm takes a purpose-led approach to venture capital, aligning capital with positive societal change. It targets sectors where technology can be a force for good, such as healthtech, climate, fintech, and inclusive digital services. By combining capital, mentorship, and a community of like-minded changemakers, Unconventional Ventures helps its portfolio companies grow sustainably while delivering measurable impact. Based in Copenhagen, the firm invests primarily across the Nordics and Europe, seeking out founders with bold visions and overlooked potential. Unconventional Ventures continues to expand its footprint and reputation as a champion for equitable access to venture funding, leading a new wave of inclusive innovation.

Underground Ventures is a technology investment firm dedicated to advancing geothermal energy solutions globally. The firm focuses on early-stage technology companies that are developing innovations to enable the widespread production of geothermal energy. Their investment scope covers critical areas such as advanced drilling techniques, well casing, rig and supply chain optimization, reservoir development, and turbine/energy conversion technologies. The firm aims to support the energy transformation by making carbon-neutral, abundant, and constant geothermal energy accessible anywhere, with a long-term vision for geothermal energy to constitute at least 10% of global energy production.The firm was founded in 2024 by startup veterans Joachim Ante and Torsten Kolind. Joachim Ante, co-founder and former CTO of Unity Technologies, provides the financial backing, while Torsten Kolind, co-founder and former CEO of YouNoodle, leads the investment strategy. Their background as startup founders allows Underground Ventures to undertake risks that traditional venture capital firms might avoid, working closely with inventors and technologists to scale novel deployments beyond their initial stages. The firm operates with an initial capital commitment of USD 40 million, offering investment tickets ranging from USD 250,000 to USD 5 million, and is open to leading investment rounds.Underground Ventures has made notable investments in companies that are at the forefront of geothermal technology. Their portfolio includes GA Drilling, a company focused on making deep geothermal drilling commercially viable through advanced systems like NexTitan, which aims to reduce drilling costs and increase efficiency. Other investments include Borobotics, which manufactures drilling robots for geothermal energy extraction, and Hephae Energy Technology, a developer of high-temperature drilling technology for geothermal exploration and extraction. These investments reflect the firm's commitment to supporting innovative solutions across the geothermal technology stack.The team at Underground Ventures brings a wealth of experience from both the technology and energy sectors. Founding Partner Joachim Ante's deep technical background from Unity Technologies complements Co-Founder and Managing Partner Torsten Kolind's expertise in building and scaling startups. The firm is further supported by a strong advisory board, including Terra Rogers, a Superhot Rock Advisor from the Clean Air Task Force (CATF), and Rebecca Schulz, an Industry Advisor and former Head of US Energy Transition at Shell. This blend of entrepreneurial, technical, and industry-specific knowledge positions Underground Ventures to effectively identify and nurture groundbreaking geothermal technologies.

VP Capital is an impact-driven investment firm and family office that aims to accelerate positive change for both the planet and society. The firm deploys its capital and network to invest in transformative solutions, focusing on sustainable progress for future generations. Their investment strategy is centered around addressing key global challenges such as biodiversity loss, climate change, and social inequality, by contributing to solutions that are bio-based, regenerative, toxicity-free, circular, net zero, and inclusive. VP Capital is also a certified B Corp, demonstrating its commitment to using business as a force for good.The roots of VP Capital trace back over 150 years to 1865, when Hendrik van Puijenbroek established Van Puijenbroek Textile. This pioneering textile company was known for its socially responsible approach, laying the foundation for the family's enduring commitment to positive impact. Over the generations, the enterprise evolved into the family office known today as VP Capital. In 2019, the firm formalized an impact-driven strategy, further intensifying its commitment in 2024 to prioritize impact at the forefront of every investment decision.VP Capital invests across various sectors, including agri-food, built environment, clean technology, energy, and textile. The firm allocates its managed assets to impactful companies such as Aquaporin, Accsys Technologies, Mosa Meat, Northvolt, Protix, Reflaunt, and OneThird. They also invest through impact funds in innovative enterprises. Recent investments include HULO (Artificial Intelligence), LC Engineers & Consultants (Construction and Engineering), Avantium (Industrial Chemicals), Integer Technologies (Alternative Energy Equipment), and RegenRate (Other Agriculture).The strength of VP Capital lies in its team of professionals, based in Belgium and the Netherlands. This team possesses extensive knowledge in business strategy, entrepreneurship, corporate finance, ESG, impact, financing, accountancy, and company valuations. The firm actively fosters valuable connections within its network, including other family offices and impact experts, to advance sustainable progress across its portfolio. VP Capital emphasizes an active and long-term investor approach, going beyond financial support to provide expertise and a broad network to its partners.