Berlin’s Future Energy Ventures Secures €235m for Fund II
Future Energy Ventures, a VC firm investing globally in digital and asset-light energy tech, has closed a second fund of €235m to back startups at the Series A and B stage.
The firm says €30m of the fund will focus exclusively on Italian startups and is financed by Italian deposit and loan fund Cassa Depositi e Prestiti (CDP).
LPs in the €205m portion of the fund include German energy company E.ON and the European Investment Fund, as well as new investors such as KfW Capital, Dutch bank ABN AMRO and Polish state development bank BGK.