Junction Growth Investors Raises €115M for Maiden Fund

Junction Growth Investors secured €115M (~$119M) in capital commitments at the close of its first fund, an investment vehicle governed under Article 9 of the EU’s Sustainable Financial Disclosure Regulation, which covers financial products targeting sustainable investments.

The sustainability-focused fund secured support from investors including Keeling Capital, BNP Paribas Fortis, Belgian Growth Fund, PMV, the owners of AB InBev and Umicore, and some technology entrepreneurs. Argo Law and Private CFO advised the venture capital firm on the fundraise.

Through the fund, Junction Growth is hoping to continue its strategy of investing in opportunities in line with the Paris Agreement. Primarily, it targets Europe-based companies, providing growth equity and buyout capital with a typical allocation in the €5M to €10M (~$5.2M to $10.3M) range for each transaction.

So far, the firm has built a portfolio that includes Ampacimon, ENEIDA.IO, Hysopt, Haulogy, Eturnity, Efficient Energy Technology and Solora BE.