Carbon Equity shifts to direct climate tech investing with €50 million fund
Carbon EquityDealroom has a profile for this one. Try Dealroom →, the Amsterdam-based climate investment platform, has launched its first direct co-investment fund in December 2025, marking a strategic shift from its traditional fund-of-funds approach. The €50 million Co-Invest Fund I has already secured €20 million in pre-commitments from entrepreneurs and family offices, with a first close targeted at €25 million by year-end.
The fund will make concentrated investments in ~12 growth-stage climate technology companies that have already demonstrated strong performance. With a minimum investment of €250,000 and target net returns of 25% IRR, the fund offers higher-risk, higher-return exposure compared to the platform's diversified portfolio funds.
Early investments include Fervo Energy (geothermal power, which raised $462 million in December 2025), Aerones (wind turbine maintenance robotics), Mainspring (clean power generation), and Luxwall (energy-efficient building materials).
CEO Jacqueline van den EndeDealroom has a profile for this one. Try Dealroom → describes this as "a natural evolution" driven by investor demand for direct company exposure and Carbon Equity's proprietary access to top-performing climate tech companies.
Sources: Quote
Carbon Equity
Fervo Energy
B.S.
