Revent Launches €100M Fund for Societal and Climate Startups

Berlin-based VC Revent has closed a €100 million ($109M) Fund II to invest in startups tackling planetary and societal health—from decarbonization to healthcare and economic empowerment. The firm Founded by Otto BirnbaumDealroom has a profile for this one. Try Dealroom → and Lauren LentzDealroom has a profile for this one. Try Dealroom →, positions itself as performance-focused with a long-term impact lens.

Backers include Otto Group, Beiersdorf, Hymer, Goldbeck, Oetker, and the European Investment Fund, which increased its commitment. Since 2021, Revent has invested in over 20 startups including Avelios Medical, with teams now in Berlin, London, Paris, and San Francisco.

Source: TechCrunch

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