Speedinvest’s €80 Million Climate & Industry Opportunity Fund Structuring

YPOG advised Speedinvest on the deal.

Speedinvest announced the structuring of its new €80 million Climate & Industry Opportunity fund. Key investors include renowned US venture capital fund New Enterprise Associates (NEA) as well as non-institutional investments from the industrial sector, including technology company Knapp, plastics and foam supplier Greiner and Heinzel Group, Central Europe’s leading manufacturer of pulp and paper.

According to Speedinvest, the bulk of the fund volume will be used to conduct follow-on funding for its portfolio companies focused on sustainability. Through its participation in these growth financing rounds, Speedinvest aims to contribute to the EU target of achieving CO2 neutrality by 2050. In addition, in individual cases, selected startups from the industrial sector that are not yet included in the portfolio but that advance the efforts of European industry in terms of digitalization and decarbonization will also be supported.

Speedinvest is a European venture capitalist headquartered in Vienna that focuses on early-stage investments in the areas of DeepTech, FinTech, Digital Health, Market Places & Consumer, IndustrialTech und SaaS & Infra. Speedinvest relies on a combination of horizontal fund generations and vertical focus funds connected to them. The Speedinvest Group employs more than 40 investment professionals working in sector-specific teams and numerous operational experts who provide full-service support to portfolio companies covering HR, marketing, business development and US expansion. Speedinvest runs offices in London, Berlin, Paris, Munich, Vienna and San Francisco. Speedinvest’s portfolio companies include Tier Mobility, Schüttflix, Planetly, Legal OS, Candis und Fincompare.

The YPOG team included Dr. Stephan Bank (Picture – Lead/Structuring), Partner; Lennart Lorenz (Regulatory Law), Partner; Antonia von Treuenfeld (Regulatory Law), Associate; Dr. Florian Wilbrink (Structuring), Associate; Dr. Niklas Ulrich (Regulatory Law), Associate; Peter Schäfer (Corporate), Associate.

Involved fees earner: Stephan Bank – YPOG; Lennart Lorenz – YPOG; Peter Schäfer – YPOG; Niklas Ulrich – YPOG; Antonia von Treuenfeld – YPOG; Florian Wilbrink – YPOG;

Law Firms: YPOG;

Clients: Speedinvest;

Federica Tiefenthaler

Author: Federica Tiefenthaler