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Warsaw-based PFR Ventures, a fund of funds that invests in venture capital and private equity teams, announced on Wednesday that it has invested €55M in four green venture capital and growth equity funds under the PFR Green Hub FoF programme.
The investment comes as the Polish VC aims to foster green innovation in Poland and finance the development of innovative climate technologies that address the climate crisis.
PFR Green Hub is one of the Polish Development Fund’s strategic programmes to support Poland’s energy transformation.
Particularly, PFR GreenHub FoF is a programme that supports venture capital teams that specifically finance innovative ClimateTech projects.