Revent rocks the boat with a fresh $100M to invest in people and the planet

The news of European specialist VC Revent closing a €100 million Fund II to invest in “planetary and societal health” startups highlights the continued relevance of the environment and society in the startup landscape.

Founded in 2021 in Berlin by Otto Birnbaum and Lauren Lentz, Revent focuses on supporting ambitious entrepreneurs who aim to drive societal progress through their companies, a mission that has attracted a diverse group of LPs to back their new fund.

The fund is particularly interested in startups in areas such as energy transition, industrial decarbonization, healthcare, climate, economic empowerment, and reskilling. Since its launch, Revent has invested in 26 companies, with a focus on long-term value creation in essential transitions.

Despite current geopolitical shifts, Revent’s LPs remain committed to investing in these spaces, reflecting a belief in the importance of European values and innovation. The team’s presence spans across Berlin, London, Paris, and San Francisco, indicating a global approach to their investment strategy.