Greencode Ventures launches €40M fund to support green startups in Europe

Helsinki-based VC firm Greencode Ventures has announced the first close of a €40 million fund. It will focus on supporting European green startups while uplifting female founders at the same time. The final fund size is expected to reach €60 — €100 million, reports.

Greencode Ventures has already made its first investment through the fund. The firm invested in Supercritical, a cutting-edge marketplace for carbon removal, during its €13 million Series A round.