Pale Blue Dot continues investing in its climate vision, with a second, $100M fund

Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021, and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund. This one is valued at €93 million (approximately $101 million at today’s valuation), with the same thesis in mind: to support climate tech-oriented startups.
European VC firm Pale Blue Dot plans to fund 40 ‘planet-positive’ startups
Founded by general partners Jo

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