KfW Capital secures EUR 6.5 million for Nucleus Capital's Climate-Deptech Fund

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Erfahren Sie mehr über die Investmentzusage in Höhe von 6,5 Mio. EUR, die Nucleus Capital von KfW Capital erhalten hat. Als Climate-DeepTech-Fonds investiert Nucleus Capital in innovative Technologieunternehmen. Die Emerging Manager Facility unterstützt dabei junge, vielfältig aufgestellte VC-Fondsmanager. Erfahren Sie, wie der Zukunftsfonds des Bundes das Wachstum von Start-ups fördert. Weitere Informationen finden Sie unter: https://www.kfw-capital.de/Investmentfokus/Zukunftsfonds
Find out more about the investment allowance of EUR 6.5 million that Nucleus Capital received from KfW Capital. Nucleus Capital is investing in innovative technology companies as a climate-entreptech fund. Emerging Manager Facility supports young, diverse VC fund managers. Find out how the federal future fund promotes the growth of start-ups. You can find more information at: https://www.kfw-capital.de/investmentfokus/zukunfttsfonds (Symbolbild/MB)

Boost for Emerging Manager: KfW Capital provides the first promise from emerging manager facility to the Climate-Deep Tech Fund Nucleus Capital

Frankfurt am Main-KfW Capital, the subsidiary of the KfW Bankengruppe, gave the first promise of 6.5 million euros from the emergency manager facility of the future fund to the Climate-DEEP Tech Fund Nucleus Capital. Emerging Manager Facility supports young and diverse VC fund teams who often have difficulty raising capital. With the investment in Nucleus Capital, a clear signal is set that different backgrounds and innovation technology competencies in the start-up scene have a high level of relevance.

nucleus Capital, a fund based in Berlin under the direction of Dr. Isabella Fandrych and Maximilian Schwarz, invested in start-ups and innovative technology companies in the area of ​​"Programmable Biology", "Food Technology" and "Green Industrials". The fund completed its first closing with a volume of 10.4 million euros in March 2024 and is aiming for a target volume of 40 million euros by the end of 2024.

The emerging manager facility is a component of the federal future fund and is aimed at young, often smaller VC funds, which are led by women's teams or diverse teams. Fundraising is often difficult for these funds due to their smaller target volume and lack of experience. The federal government has therefore provided a total of 200 million euros from the future fund via KfW Capital for investments in such VC funds.

The investment commitment of KfW Capital in the Climate-Deep Tech Fund Nucleus Capital shows that the future fund and KfW Capital impulses for emerging managers and their fund concepts. The KfW Capital investment enables young and smaller VC fund teams who want to start the VC market to gain a foothold and implement their innovative business ideas.

background:

The federal future fund has the goal of significantly expanding growth capital financing by 2030. Start-ups in the growth phase with high capital requirements benefit from public funds that are invested together with private capital. The various building blocks of the Future Fund pray additional capital. On behalf of the federal government, KfW Capital coordinates the future fund in close cooperation with the Federal Ministry of Economics and Climate Protection and the Federal Ministry of Finance. So far, ten building blocks of the future fund have already been implemented with a total volume of more than 10 billion euros.

Further information on the future fund and its building blocks can be found at: https://www.kfw-capital.de/INVESTMENTFOKUS/Vunfttsfonds

The emerging manager facility offers young, diverse VC fund teams the opportunity to get up to 12.5 million euros and a maximum of 25 % of the fund volume from the fazity. VC funds are open to participation in Emerging Manager Facility, which strives for a maximum fund size of 50 million euros. Further information on the Emerging Manager Facility can be found on the page: emerging manager facility capital .