Rubio Impact Ventures Secures €70 Million for Third Fund, Staying Committed to 100% Impact-Tied Investments

Rubio Impact Ventures Raises €70 Million for Third Impact Fund

Rubio Impact Ventures, a venture capital firm based in Amsterdam, has announced the successful raise of over €70 million for its third impact fund. The fund aims to invest in thirty companies dedicated to addressing the climate crisis and social inequality.

The third fund has garnered support from both existing and new investors, including Dutch entrepreneurs, families, and institutional partners such as the European Investment Fund (EIF), Invest-NL, Oost NL, Brabantse Ontwikkelings maatschappij, ING, and NN Social Innovation Fund. RVO has also provided an innovation loan under the Seed Capital scheme.

Machtelt Groothuis, Co-founder of Rubio, emphasized the importance of investing in companies that provide real solutions to global problems in the face of climate change and social challenges.

This announcement reflects a broader trend in European venture capital towards impact and sustainability-focused investments by 2025.

In the Netherlands, CapitalT and Suma Capital have also closed significant funds targeting purpose-driven founders in ClimateTech and industrial decarbonization.

Invest-NL’s CEO, Rinke Zonneveld, highlighted Rubio’s leadership in the Dutch impact investing scene and its commitment to tackling both climate and social issues.

Established in 2015, Rubio focuses on early and growth-stage companies that address global challenges such as climate change, circularity, education, and well-being. The firm ties its success to verified impact results, ensuring that financial gains align with positive impact.

With the launch of its third fund, Rubio’s total assets under management will reach €220 million, enabling the scaling of entrepreneurs who prioritize impact and returns.

Having backed over forty fast-growing companies, Rubio’s portfolio includes impactful ventures like Sympower, NoPalm Ingredients, and OpenUp.

Aartjan Bontje from FlowFund Foundation commended Rubio for its consistent delivery on promises to build successful companies with measurable impact, signaling an acceleration towards impact investing.

EU-Startups previously featured Rubio’s involvement in various funding rounds within the ClimateTech sector, demonstrating its leadership in impact investing.

Marjut Falkstedt, Chief Executive of the European Investment Fund, praised Rubio for its early entry into the impact market and its role in supporting European startups focused on social and climate impact.