LUMO Labs, a Netherlands-based venture capital firm, has recently announced the launch of a new €100M fund aimed at supporting European impact startups. The fund, which focuses on companies that are using technology to address societal and environmental challenges, is the latest initiative from LUMO Labs to drive positive change in the world.

With a strong track record of investing in early-stage startups, LUMO Labs is well-positioned to support the growth and development of impact-driven companies across Europe. The firm has a broad network of experienced mentors and advisors who can provide strategic guidance and support to portfolio companies, helping them to scale and achieve their impact goals.

One of the key objectives of the new fund is to support startups that are working on innovative solutions in areas such as climate change, social inequality, and healthcare. By investing in these companies, LUMO Labs aims to drive positive social and environmental impact while also generating attractive financial returns for its investors.

The launch of the €100M fund comes at a time when the demand for impact investing is growing rapidly, with more investors looking to support companies that are making a positive difference in the world. By focusing on European impact startups, LUMO Labs is well positioned to tap into this trend and help drive the growth of the impact investing ecosystem in the region.

Overall, the launch of the new fund represents an exciting opportunity for European impact startups to access the capital and support they need to scale and make a meaningful impact on society and the environment. With LUMO Labs leading the way, the future looks bright for impact investing in Europe.