London VC 2150 closes €210 million Fund II, bringing AUM to €500 million in order to scale climate-driven urban systems
London-based venture capital firm 2150 has successfully closed its second fund at €210 million, boosting its total assets under management to €500 million. This significant capital raise underscores a growing European commitment to financing technology that addresses urban challenges and industrial decarbonization. The firm's focus remains on disruptive technologies poised to reshape cities and their essential industries. The newly established fund attracted investment from a diverse group of international and European investors, including Viessmann Generations Group, Novo Holdings, and the Danish sovereign fund EIFO. To date, 2150 has backed 27 companies, which collectively report over $1 billion in aggregate annual revenue and employ more than 4,500 individuals globally, demonstrating substantial growth and impact. This substantial funding round for 2150 aligns with broader trends in European climate tech investment. Other notable recent fund closures include Future Energy Ventures' €205 million and Suma Capital's €210 million funds, both dedicated to energy transition and industrial decarbonization, respectively. These collective investments signal a robust capital inflow into sustainable urban and industrial solutions.
Curated and translated by Europe Digital for our multilingual European audience.
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