SlateVC has announced the first close of its inaugural pan-European growth fund, securing €132 million to back B2B companies scaling solutions across the energy transition, low-carbon industrial processes, and circularity.
The firm positioned the fund around the core belief that climate impact requires scale, and that scale is achieved by supporting businesses whose environmental performance is directly tied to competitiveness, efficiency, and strong unit economics.
The firm said the first close was supported by a mix of institutional and strategic investors, including the European Investment Fund, Bpifrance and the Fonds National de Venture Industriel, BNP Paribas, Aurum Impact, and Après-demain, alongside family offices and private investors. SlateVC framed the investor base as aligned with its thesis of building a platform that can help European climate and industrial champions grow into category leaders.
SlateVC’s strategy aims to bridge the gap between early-stage climate innovation and large-scale deployment, focusing on companies that have moved beyond initial product-market fit and are ready to accelerate commercial expansion. The firm emphasized a growth-stage mandate designed to help portfolio companies scale adoption, expand into new markets, and deepen their operational and industrial capabilities while maintaining a clear link between climate outcomes and business fundamentals.
The post also highlighted SlateVC’s team and operating orientation. Founding partners Chloé Giard, Clément Buyse, Renaud Visage, and Sébastien Léger described the platform as built on experience spanning entrepreneurship, investment, and industry. SlateVC also noted recent additions to the team, welcoming Célia Bellec and Paul Pihouée as it builds capacity to source, evaluate, and support growth-stage investments across Europe.
SlateVC pointed to recent activity as proof of execution, citing two investments made in 2025: co-leading Fairmat’s Series B and leading Resourcify’s Series B. The firm presented these deals as examples of its approach to backing companies that combine measurable climate impact with scalable business models serving enterprise customers and industrial value chains.
With the first close complete, SlateVC signaled it is actively deploying capital and continuing to build a portfolio of European B2B growth companies that can turn climate performance into market advantage. The firm cast the fund as part of a broader effort to create a new generation of industrially competitive climate leaders in Europe, and it suggested additional investments and platform updates are ahead as it expands its footprint.
