ABN AMRO Invests in Climate-Tech Fund Blume Equity

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by KnowESG
KnowESG_ABN AMRO Invests in Climate-Tech Fund Blume Equity
Image courtesy of ABN AMRO

ABN AMRO Corporate Investments has made its fifth climate-related fund investment, partnering with Blume Equity.

This move supports the transition to a zero-carbon economy by providing capital to European scale-ups tackling climate challenges.

Blume Equity: A leading climate-tech investor

Founded by three female entrepreneurs, Blume Equity is a London- and Amsterdam-based growth equity firm focused on climate-tech. Their recent nomination for the European VC Newcomer of the Year award highlights their strong track record.

The team is on track to exceed their €200 million target capital raise, having already invested in companies like Sensorfact (energy-saving software), Aerones (wind farm maintenance robots), and Normative (carbon accounting platform).

ABN AMRO's commitment to sustainability

This investment aligns with ABN AMRO's €1 billion commitment to early-stage climate solutions through direct equity, fund investments, and hybrid capital.

Floris Lyppens, Managing Director ABN AMRO Corporate Investments, about the investment in Blume Equity: “Co-founders Michelle Capiod, Eleanor Blagbrough and Clare Murray, with backgrounds as investors, strategy consultants and sustainability experts, are a team with an impressive track record, a strong ecosystem and all the right skills to support European entrepreneurs in scaling up their sustainable businesses. We look forward to working together with Blume Equity towards a sustainable future.”

Clare Murray, Co-Founding Partner of Blume Equity, about partnering up with ABN AMRO: "We are delighted to partner with ABN AMRO to support Blume’s profit with purpose mission, supporting European entrepreneurs tackling the climate emergency. ABN AMRO’s commitment both to the environment and to supporting the growth-stage ecosystem in Europe makes ABN AMRO a very aligned and value-adding partner to Blume Equity.”

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Source: ABN AMRO

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