The Hague, Netherlands – Venture capital firm 4impact Capital has announced the successful close of its second fund, raising €68 million to fuel early-stage digital and sustainability-focused startups in North-Western Europe. This new fund, classified under SFDR Article 9, aims to address global challenges through innovative solutions that promise both financial returns and positive social impact.
Founded in 2019, 4impact Capital has pursued a clear vision: merging technological advancement with measurable sustainability. Backed by a team with experience from Goldman Sachs, Mubadala, and Citi, the firm is further strengthened by seven venture partners across Europe and the U.S., committed to supporting startups with scalable solutions. The latest fund has already invested in six ventures, including Coolgradient, Deftpower, and Carbonfuture, each addressing critical issues like energy efficiency, grid optimization with EV batteries, and high-quality carbon removal.
“We are more than just investors; we are partners committed to the growth of our portfolio companies,” said Pauline Wink, 4impact founding partner. “We’re driven by the opportunity to catalyze positive change and are excited to help shape the businesses of the future.”
Ali Najafbagy, also a founding partner, highlighted the firm’s technological focus areas: “Through remote sensing, AI, big data, and emerging technologies like blockchain, we’re solving challenges from labor shortages to sustainability needs, helping build a competitive, future-proof Europe.”
Fund II attracted key investors like Invest-NL, the European Investment Fund (EIF), and Oost NL, underscoring confidence in 4impact’s mission. Marjut Falkstedt, Chief Executive of EIF, emphasized the importance of supporting startups in Europe: “In tackling the innovation financing gap, we must ensure small businesses can start up, grow, and thrive within Europe. 4impact Capital aligns with our goal to drive innovation that generates both social and environmental value.”
Invest-NL’s Jellie Banga noted their role in securing the final close: “Our partnership with EIF, under the Dutch Future Fund initiative, showcases our commitment to impactful ventures.”
Moving forward, 4impact Capital plans to invest in around 25 companies at the Seed and Series A stages, targeting Benelux, DACH, and Nordic regions. Victor Straatman, a partner at 4impact, spoke to the firm’s focus on AI’s potential for social good: “AI’s rapid growth presents both opportunities and responsibilities. How can we use AI to reduce emissions and create a sustainable society? Now is the time to act, and we’re here to support those bold enough to tackle this challenge.”
With this new fund, 4impact Capital solidifies its position as a key player in supporting innovative, impact-driven startups in Europe’s digital and sustainable sectors.
