ImpactAlpha, October 13 – Rockstart, an Amsterdam-based impact accelerator, has added a venture capital arm to support Europe’s early-stage energy companies with co-investments of at least €100,000 ($118,000). Dutch pension fund ABP, De Hoge Dennen Capital, the Netherlands Enterprise Agency and unnamed Dutch and German investors backed the fund.
Rockstart’s energy fund follows a €18 million agrifood fund launched in January.
Rockstart has been hosting its energy-themed accelerator since 2016. Past participants include Lightyear, which is developing self-charging electric vehicles; solar crowdfunding platform Zonnepanelen Delen; and indoor air quality tech startup Vebbu.
The accelerator runs tracks in health, agrifood and emerging tech as well and has supported more than 200 companies since 2011.