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 companies within the energy, mobility, built environment, and industrial decarbonisation sectors across the Benelux, Germany, and the Nordics.
SevenGens strategy is to support profitable businesses that require growth capital to scale rapidly, drive innovation, and expand their impact. The partnership with EIF is intended 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 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 their growth potential and financial returns. The EIF's involvement is seen as a crucial step in strengthening ecosystems in these sectors, aligning with its mission to support micro, small, and medium-sized enterprises (SMEs) in accessing finance and fostering EU objectives related to innovation and entrepreneurship.