SE Ventures announces EUR 500 million Fund II to accelerate climate and industrial tech start-ups

SE Ventures has announced a EUR500 million Fund II establishing the firm as one of the largest venture capitals focusing on climate and industrial technology.

This move builds upon a 2018 Fund I to bring SE Ventures to EUR1 billion of committed capital. Fund II will begin deployment in January 2023, doubling down on SE Ventures’ track record of success as an accelerant for category-defining companies in climate-tech, industrial artificial intelligence, mobility, prop-tech and cybersecurity. Throughout Fund I, SE Ventures has repeatedly proven the efficacy of its unique model, with investments in over 40 startups and seven venture funds alongside partnership engagement with over 200 startups.