New VC investor taskforce emerges from Dutch climate change event
Techleap.nl, a tech ecosystem accelerator backed by the Dutch ministry of economic affairs and climate policy, is setting up an international taskforce that is due to support innovative growth companies. The initiative, that emerged from the Flattening the Climate Curve LP/GP Investor Summit, will focus in particular on European startups and scaleups working on curbing climate change.
Recent research by Techleap.nl reported that almost half (46%) of European tech founders cited access to capital as their main challenge in 2020. The Dutch non-profit organisation said it will base its taskforce on three main pillars: LP/GP co-investment framework, talent for growth and EU Tech IPOs. Additionally, “a set of best practices and a framework will be developed for increased collaboration and capital deployment into start-ups and technologies that help to flatten the climate curve.”
Among investors having joined the taskforce are Bootstrap Europe, impact investor Brabant Development Agency, early-stage venture firm DN Capital as well as private equity company HPE Growth and Dutch private impact investor Invest-NL. MN, which is administrating Dutch pension funds PMT and PME, Rabo Corporate Investments, Vickers Venture Partners and Rabobank’s captive investment fund Innovation Quarter also committed to the initiative.
“Despite a global pandemic, we should not overlook other impending threats, such as climate change. As investors, we need to be addressing this crisis with urgency,” Maurice van Tilburg, managing director, Techleap.nl, said during the event.
“Currently there is not enough funding available in Europe for tech startups flattening the climate curve, and we believe that the capital that is available can be allocated in a smarter way. In the taskforce, we connect national and international investors to help companies in this segment accelerate and maximise their impact," he added.