German VC Planet A has just closed its first 160 million euros (around $172 million) fund.
Planet A, a European venture capital firm, has just closed its inaugural 160 million euros (around $172 million) fund to back startups doing just that.
Founded in 2020, Planet A is looking for market-ready tech startups with significant impact potential in climate change mitigation, waste reduction, resource savings, and biodiversity protection.
The early-stage investor will write checks of between 500,000 euros to 3 million euros to startups in Europe, the UK, and Israel.
The Planet A team intended to raise 100 million euros, Detzner said, so the fund was oversubscribed.
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