European climate-tech VC firm 2150 closes €210 million Fund II to…

Team S · 2026-01-28T13:49:35.000Z

2150, a London-based venture capital firm focused on climate, sustainability, and urban tech investments, has successfully raised €210 million (≈ $249 million) in its second institutional fund to finance startups driving sustainable solutions for cities’ climate challenges. The new fund is the largest so far in the firm’s history and expands its total assets under management to approximately €500 million, enabling larger and more impactful investments in technologies that address the core infrastructure, energy, and decarbonisation needs of rapidly urbanising regions globally. This Fund II was backed by a diversified global investor base that includes Chr. Augustinus Fabrikker, Church Pension Group, Danish sovereign fund EIFO, Fund of Funds Carbon Equity, Novo Holdings, Islandbridge Capital, Security Trading Oy, and Viessmann Generations Group- representing institutional allocators and strategic family funds from Europe, North America, and Asia. With commitments from a total of 34 limited partners, 2150 plans to deploy roughly €5 million to €6 million per company, targeting primarily Series A-stage climate and urban systems startups across energy, industrial decarbonisation, mobility, advanced manufacturing, and circular economy verticals.

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European climate-tech VC firm 2150 closes €210 million Fund II to… | Newnex