Revent raises 60 million euros

The venture capitalist supports companies committed to climate protection or social issues.
The Berlin-based venture capitalist Revent has raised 60 million euros. It received support from a large number of investors and advisors. Among others, the Otto Group, Beiersdorf, the European Investment Fund (EIF), NRW.Bank and LfA Förderbank Bayern participated. Business angels Luis Hanemann, Verena Pausder, Marie Fabiunke, Zoé Fabian, Anna Alex, Carlos Eduardo Espinal, Florian Heinemann, Sascha Konietzke, Maximilian Tayenthal and Benjamin Roth have also invested.
"Today's immense climate and social challenges will not be solved without the efforts of the world's best founders," said Otto Birnbaum, founding partner of Revent, according to the website Techcrunch. "We believe Europe is uniquely positioned to lead the way for more technology-driven positive impact on the planet and society," Lauren Lentz, founding partner at Revent, added, according to the site.
Revent supports early-stage startups that specialize in future topics such as health, climate, nutrition and social issues. So far, Revent has funded nine companies. Among them were Silveira and Net Purpose from the United Kingdom and Avelios from Munich.

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