Antwerp-based Junction Growth Investors today announced the successful closing of its first fund at €115 million, surpassing its initial target of €100 million 🇧🇪 🚀
The fund is backed by a series of large family offices as well as well-known technology entrepreneurs, Jan-Willem Rombouts, Gregoire de Streel and Jean-Guillaume Zurstrassen amongst others.
Most recently, the global specialist investment Fund of Funds (FoFs) Keeling Capital amongst others decided to join the capital. Through its FoFs, Keeling sources, selects, and underwrites leading managers dedicated to climate technology.
Also major institutional investors such as the European Investment Fund (EIF), BNP Paribas Fortis Private Equity, PMV and Belgian Growth Fund are among the fund’s investors. The fund was supported by Argo Law and Private CFO advisory, amongst others.
Dirk Dewals, Managing Partner at Junction said: “Climate change continues to advance, leaving tangible impacts on societies and personal wealth. However, the energy transition is not solely about combating climate change. It also presents a pivotal opportunity for Europe to reduce its dependence on geopolitically sensitive carbon fuels and to build a couple of European technology leaders with global reach such as Ampacimon, which has 50% of its order book in the USA. We firmly believe that electrification, particularly in the B2B sector, will play a crucial role in driving this shift, and we are actively seeking enablers to accelerate this revolution.”
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