Sustainability-focused investment manager Suma Capital announced the completion of the final closing of SC Net Zero Ventures I, securing €210 million (USD$249 million) to invest in startups accelerating industrial decarbonization across Europe.
The fundraising significantly surpassed Suma’s initial €150 million target for the climate tech venture fund.
The investment vehicle focuses on companies in the expansion stage that are advancing the energy transition through technologies enabling low-carbon mobility, industrial electrification, renewable energy, hydrogen, advanced fuels, storage, and digita…
