ImpactAlpha, August 10 — The women-led fund based in Berlin is looking to invest in up to 30 early-stage companies in the U.S. and Europe.
“Our food tech and green tech investment categories are two of the most future industries of the coming decades,” said Green Generation’s Janna Ensthaler. “Generation Z and Millennials will insist on the plant-based food revolution and the incorporation of CO2-reducing and more sustainable measures.”
The Green Generation Fund received commitments from German development bank KfW, U.K. family office Kaltroco, Liesner & Co. and several high-net-worth investors.
Green Generation will invest in pre-seed, seed and Series A rounds. The fund has backed eight companies, including alt-breast milk producer BIOMILQ, regenerative agriculture startup Klim and The Rainforest Company, which makes products based on açai purchased from native smallholder farmers in the Amazon rainforest.