Climentum Capital Closes Second Fund at €100M
Climentum Capital has wrapped up its second fund at €100 million, doubling down on its climate tech investment thesis. The Copenhagen-based VC backs early-stage startups tackling decarbonization across energy, industry, and food systems.
The close signals continued LP appetite for dedicated climate vehicles despite broader market caution in European venture.
CODE University Launches €10M Student VC Fund
CODE Capital, a new €10 million fund, has been launched by CODE University of Applied Sciences in Berlin — a private university known for its project-based, tech-focused curriculum.
The fund is designed to back startups founded by CODE students and alumni, creating a direct pipeline from campus to capital. It's a relatively rare model in Germany, where university-affiliated venture vehicles remain uncommon.
Prima Beta: Founders Build an Angel Alliance
Prima Beta is a newly formed angel alliance founded by experienced startup operators and entrepreneurs. The group aims to pool deal flow, co-invest in early-stage companies, and offer hands-on support beyond just capital.
Founder-led angel networks like Prima Beta are gaining traction across Europe as an alternative to institutional pre-seed funding, offering startups more strategic flexibility at the earliest stages.
Senovo Closes Fourth Fund at €100M
Senovo, a Munich-based VC specializing in B2B SaaS, has closed its fourth fund at €100 million. The firm focuses on early-stage software companies across the DACH region and broader Europe.
With four funds now under its belt, Senovo has established itself as one of the more consistent players in European enterprise software investing.
How EnBW New Ventures Bets on Startups
EnBW New Ventures, the corporate venture arm of German energy giant EnBW, has outlined its investment approach in a new transparency push. The unit targets startups operating at the intersection of energy, infrastructure, and deep tech.
"We invest where innovation meets the energy transition," the team has noted in recent communications.
Corporate VCs like EnBW New Ventures are playing an increasingly active role in Germany's startup ecosystem, particularly as climate and energy startups require both capital and industry access to scale.
