Growth capital for sustainable transformation to a bio-based circular economy: EU-initiated impact fund oversubscribed with € 300 million
According to the experts of the impact fund European Circular Bioeconomy Fund (ECBF), after digitalisation, the next global wave of transformation is rolling in – the Bio Revolution. This means a change from a linear, fossil-based economy to a sustainable, bio-based economy within which the European bioeconomy will play a decisive role. While visionary founders often lack the necessary growth capital to scale their solutions internationally, the ECBF closes this financing gap in cooperation with private and public investors.
Targeted initially at a total volume of € 250 million, the growth fund is oversubscribed with a total of approximately € 300 million. With the final closing of the subscription, the international team of the ECBF was able to gain the trust of further investors for the implementation of its mission.