Rubio Impact Ventures launches a 3rd fund, with over €70 million in commitments

Rubio Impact Ventures, a VC supporting startups that develop innovative solutions to societal challenges, announced its third Impact Fund with over €70 million in commitments.

The new capital will be invested in 30 startups that address climate crisis and social inequality, similar to existing portfolio companies Sympower, NoPalm, or OpenUp. Investors from the first two funds backed Rubio once again - Dutch entrepreneurs, family offices and investors such as the European Investment Fund, Invest-NL, Oost NL, Brabantse Ontwikkelingsmaatschappij. NG Social Impact Investments  and the NN Social Innovation Fund are first-time investors in Rubio, while RVO provided a new innovation loan under the Seed Capital scheme.

Rinke Zonneveld, CEO of Invest-NL, says: “For me, investing in Rubio Fund III is a no-brainer. Rubio is leading the pack in the Dutch impact investing scene. They didn’t just set the standard, they created it. Especially how they don’t just talk climate but tackle social issues head-on is inspiring others and convincing institutional investors to enter this space.”

Marjut Falkstedt, Chief Executive of the European Investment Fund, adds: "Rubio was one of the first movers in the European impact market, launching its first fund in 2015 at a time when the market was still nascent. By targeting European start-ups that aim for social and climate impact, while also helping to build the environment for risk capital investment in the impact investing space, Rubio has been an inspirational partner for the EIF, and we’re happy to continue our fruitful collaboration.”