Investment & Fund Management
The European Investment
Full Credential Description
The European Investment Fund (EIF) has committed 40 million to the SevenGen Growth Fund Coöperatief U.A., which is focused on investing in companies that contribute to sustainability. The fund specifically targets EBITDA-positive businesses within the energy, mobility, built environment, and industrial decarbonisation sectors across the Benelux, Germany, and the Nordics.
SevenGen aims to support profitable companies that require growth capital to scale rapidly, drive innovation, and expand their impact. The partnership with EIF is designed to accelerate SevenGen's investment strategy, fostering sustainable growth in key sectors and creating a positive impact for future generations. This collaboration highlights a shared vision of promoting the adoption of transformative technologies and enhancing sustainable economic development in Europe.
Frederik Deutman, Managing Partner at SevenGen, emphasized that the EIF's investment underscores the strength of their focus on supporting profitable companies poised for growth. The partnership is expected to enable SevenGen to accelerate innovation and scale these businesses, addressing a gap often overlooked by traditional buyout models. By investing in innovative enterprises that significantly reduce costs in their value chains, SevenGen aims to make impactful products and services more accessible, thereby enhancing both financial returns and social impact.