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Elbow Beach launches new (up to) €95.5 million climate impact fund

  • Elbow Beach, a London-based specialist climate impact Seed investor, has launched a new Climate Impact Fund 2 with €95.5 million.
  • The fund has secured commitments for €75.2 million, including up to €59.6 million from the British Business Bank.
  • The fund's strategy is to invest in technologies that improve efficiency and have a positive climate impact.
  • The fund aims to support 36 early-stage British startups over the next 4 years, focusing on technologies that enable industries to become more efficient and transition to low carbon operations.

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