Extantia Capital plans to invest 300 million euros

The Impact VC launches both a venture capital fund and a fund of funds. The money comes from prominent investors.

Venture capitalist Extantia Capital is entering the market with a bang. Two years after its foundation, the Berlin-based company announces an investment package of 300 million euros, which is to flow into climatetechs via several channels.

The company plans to invest 150 million euros directly via the Extantia Flagship venture capital fund. The other 150 million euros will go to other investors who also invest in climate technology via the Extantia Allstars fund of funds. The money comes from investors such as Anglo American and Toyota Ventures, and several prominent family offices have also invested, including the Piëch family.

"This is more than just another climate tech fund," says Sebastian Heitmann, Partner at Extantia: "We offer economically and environmentally viable investment alternatives for asset managers, education and knowledge for industry leaders and policy makers, and capital and domain expertise for entrepreneurs."

In addition to the capital allocation projects, Extantia is also launching a sustainability center under the name Ignite. This center will develop its own ESG guidelines and analyze the impact of Extantia's investments. According to Extantia, it has already made twelve direct investments and made commitments to seven venture capital funds.