Bonventure records closing of fourth fund

Start-ups are only eligible for this if they make a measurable contribution to solving social problems.

Munich-based investor Bonventure has announced the successful final subscription closing of its fourth fund, Bonventure IV. Institutional and private investors have provided 50 million euros in capital. This is significantly more than the target amount that Bonventure had assumed. This had been 35 to 40 million euros.

The fund is intended to finance so-called "impact companies" with a social or ecological business model. To be eligible, these must, among other things, make a measurable contribution to solving social problems. According to Bonventure, the aim of the fund is to "simultaneously achieve a positive social impact and an attractive financial return."

"The market for social enterprises has been developing very positively for several years," says Erwin Stahl, Managing Partner at Bonventure. "Companies are positioned professionally and working on the global challenges of our time is gaining momentum and a growing clientele." He adds that this is also reflected in the performance of the predecessor fund: "After just over half the term, we are now already at almost ten percent financial return there," says Stahl. "And when social enterprises are financially successful, their social impact also increases."

Money has already flowed in: Bonventure used the fund to invest in startups Sira Kinderbetreuung, Comgy and Chargex. Sira's mini-kitas aim to help balance work and family life. Comgy aims to make energy saving easier for renters and property managers. Chargex, meanwhile, is developing a charging infrastructure for the transport revolution that is intended to be inexpensive and scalable.