2150 ApS announced the final close of its oversubscribed €268 million Urban Sustainability Technology Fund recently. In particular, the fund backs start-ups that attempt to re-imagine and re-shape the urban landscape in an environmentally-friendly manner.
Key players in the funding round included Credit Suisse Group AG and Nysnø Climate Investments. The BMW Foundation Herbert Quandt and Woven Capital L.P. also made this funding round a resounding success.
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2150 does not concentrate its efforts on one sector alone. Instead, 2150 plans to invest in companies that cut across the entire urban landscape. For instance, the company has invested in a start-up that reduces carbon emissions in the concrete industry. ...
