Ananda Impact Ventures has completed a €73
million first close of its fifth Core Impact Fund, exceeding its €50 million
target and representing the largest first close in the firm’s 16-year history.
The fund is backed by a mix of returning and new investors, including the
European Investment Fund (EIF), NRW.BANK, Investcorp-Tages, Mercator
Foundation, and more than 40 family offices across Europe.
Founded in 2009, Ananda Impact Ventures is
a European impact venture capital firm focused on early-stage,
technology-driven startups addressing social and environmental challenges. The
firm manages €270 million across five funds and invests in areas such as
climate, healthcare, biodiversity, and social inclusion. Ananda V continues
this strategy, focusing on early-stage technologies aimed at addressing
long-term societal and environmental challenges across Europe.
Over sixteen years and four prior funds,
Ananda has established a track record in impact investing, including the
successful return of its first fund to investors. The fifth fund builds on this
experience with a long-term investment perspective.
Ananda’s investment strategy emphasises
systems-level thinking rather than a narrow sector focus. Drawing on its
experience since 2009, the firm views major human, social, and environmental
challenges as interconnected and more effectively addressed through integrated
approaches rather than isolated solutions. This perspective underpins Ananda’s
focus on interdisciplinary business models designed to deliver both long-term
impact and sustainable returns.
This approach is reflected in Ananda’s
portfolio, which includes European founders addressing structural societal and
environmental challenges. The firm has backed companies such as OroraTech,
IESO, and NatureMetrics, as well as investments spanning biology-enabled
industry, nature-informed healthcare, and education-driven entrepreneurship
through Differential Bio, Resistomap, and OneDay.
Commenting on the fundraise, co-founder
Johannes Weber said that Ananda’s strategy reflects a commitment to independent
thinking and alignment with founder values, noting that consistency in approach
has helped differentiate the firm amid shifting venture capital trends.
Co-founder Florian Erber added that Ananda
has built a multidisciplinary team with expertise spanning science,
engineering, and entrepreneurship, enabling the firm to assess challenges at a
systems level and engage deeply with founders.
Through its fifth fund, Ananda Impact Ventures
aims to continue supporting European founders developing scalable,
technology-driven solutions to interconnected social and environmental
challenges.

