StartGreen Capital

What StartGreen Capital does

StartGreen Capital, operating under the legal entity CL Venture Partners B.V., is one of the largest impact fund managers in the Netherlands, founded in 2006 and headquartered in the SDG House at the Royal Tropical Institute in Amsterdam. The firm manages a portfolio of seven specialized funds that deploy both debt and risk capital to impact entrepreneurs, sustainable businesses, and regional energy projects in the Netherlands, across three thematic domains: energy transition, diversity (notably female-founded ventures via Borski Fund), and circular economy. Its fund products include Energiefonds Overijssel, Participatiefonds Duurzame Economie Noord-Holland (PDENH), Borski Fund, ASN Energie & Innovatiefonds, SG Climate Impact Equity Fund, SaveGarant Fund, and the Invesdor crowdfunding platform (founded 2012 as Oneplanetcrowd). Loan tickets range from €50,000 to over €20 million depending on vehicle and project stage.

The firm's go-to-market is direct and relationship-driven: financing applications are submitted through the company website, while larger mandates involve co-investment partnerships with institutional LPs including BNG Bank, the European Investment Bank, ASN Impact Investors, M&G Investments, Visa Foundation, and Van Lanschot Kempen, plus regional authorities such as the provinces of Overijssel and North Holland. Revenue is generated from fund management fees, carried interest on venture returns, and transaction-related income on loan financing. The core operating technology is a multi-fund management and impact-measurement platform supporting distinct investment strategies, rather than a single proprietary software product.

The firm is staffed by 40+ specialists, is regulated by the AFM, and operates under SFDR-aligned remuneration and GDPR-compliant data handling. Notable portfolio outcomes include the Bomhofsplas floating solar park powering 7,200 Zwolle households, 22 manure digesters financed nationwide, and Dexter Energy's AI-based grid forecasting enabling 35% imbalance-cost savings. StartGreen also reports annually under SFDR and AFM frameworks and is a signatory of the Finance Statement on Plastic Pollution alongside 159 other financial institutions.

Name

StartGreen Capital

Legal name

CL Venture Partners B.V.

Website

https://startgreen.nl

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

StartGreen Capital is a Netherlands-based impact fund manager operating seven specialized funds that provide loans and venture capital to sustainable businesses, female founders, and regional energy projects across the Dutch market.

Ownership category

akta.pro rank

Product category

Impact Asset Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)

akta.pro secondary industries

Sustainable Infrastructure & Resilient Cities Funds (FSANAJAC), Transition / Engagement & Stewardship Funds (FSANAJAO), Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA), Impact Investment & Development Investment Funds (BPADACAO), Emerging Managers / Seeding Platforms (FSAHAKAI)

Keywords

• Impact investing
• Sustainable finance
• Venture capital funds
• Energy transition financing
• Green crowdfunding

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: StartGreen Capital earns fees for managing multiple impact investment funds. The company acts as fund manager for various Dutch regional sustainability funds and venture capital vehicles, generating revenue through management fees and carried interest from fund performance.
2. Loan Financing Revenue: Through Energiefonds Overijssel and other regional funds, StartGreen provides loans ranging from €50,000 to €20 million+ for sustainability projects including renewable energy, energy efficiency, and circular economy initiatives.
3. Venture Capital Returns: Through Borski Fund and other equity vehicles, StartGreen invests in startups and growth companies with female founders or products/services for women, generating returns through equity exits and portfolio appreciation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

StartGreen Capital is a multi-fund impact asset manager that finances impact entrepreneurs and energy projects through both loans and risk capital. The company manages specialized Dutch funds covering energy transition, diversity, and circularity, including Energiefonds Overijssel, PDENH, Borski Fund, ASN Energie & Innovatiefonds, SG Climate Impact Equity Fund, SaveGarant Fund, and the Invesdor crowdfunding platform.

Product overview

StartGreen Capital operates as an impact fund manager offering a portfolio of distinct fund products rather than a unified software platform. The company manages multiple specialized funds including Energiefonds Overijssel (regional energy projects), Participatiefonds Duurzame Economie Noord-Holland (PDENH, growth financing), Borski Fund (female entrepreneurship VC), Invesdor (crowdfunding platform), ASN Energie & Innovatiefonds (energy innovation), SG Climate Impact Equity Fund (climate equity), and SaveGarant Fund (property sustainability). StartGreen provides both loans and risk capital to impact businesses and energy projects through these distinct fund vehicles, organized around three impact domains: energy transition, diversity, and circularity.

Differentiator

Problem solved

Functional benefit

Products and services

• Energiefonds Overijssel A regional energy fund managed by StartGreen Capital providing loans from €50,000 to €20 million+ for sustainable energy projects, energy efficiency upgrades, and circular economy initiatives for SMEs, social organizations, housing corporations, and municipalities in Overijssel, Netherlands.
• Participatiefonds Duurzame Economie Noord-Holland (PDENH) Growth financing fund for impact companies in North Holland, providing equity and follow-on investments to sustainable businesses. Co-managed with KplusV; from April 2024 management is transitioning to ROM InWest with StartGreen ensuring continuity.
• Borski Fund A venture capital fund founded in 2019 by Simone Brummelhuis and Laura Rooseboom that invests in startups with female co-founders or companies developing products and services for women, addressing the funding gap for female entrepreneurs.
• Invesdor (formerly Oneplanetcrowd) A crowdfunding platform founded in 2012 by StartGreen as Oneplanetcrowd, enabling citizen participation in financing renewable energy projects including wind farms and solar parks.
• ASN Energie & Innovatiefonds Energy and innovation fund for which StartGreen Capital acts as investment advisor, financing sustainable energy projects in the Netherlands under formal partnership with ASN Impact Investors.
• SG Climate Impact Equity Fund A climate impact equity fund managed by StartGreen Capital focused on equity investments contributing to climate goals and climate neutrality.
• SaveGarant Fund A financing fund managed by StartGreen Capital since June 2023 providing capital to entrepreneurs seeking to make their premises more sustainable.

Quantifiable outcome

• 7,200 households powered by Bomhofsplas floating solar park
• +3 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature1 record

Partnerships

Five partnerships are on record, tiered core and strategic.

• ROM InWestcoreStrategic or Co-development Partner · 1 April 2024From April 2024, the province of North Holland transferred management of PDENH to ROM InWest in phases, with StartGreen ensuring continuity in fund management during the transition.
• KplusVcoreStrategic or Co-development PartnerStartGreen co-manages Participatiefonds Duurzame Economie Noord-Holland (PDENH) together with KplusV, combining expertise in sustainable economy development and regional economic transition.
• InvesdorcoreChannel Partner/ Reseller/ DistributorInvesdor, originally founded as Oneplanetcrowd in 2012 by StartGreen, operates as a crowdfunding platform for renewable energy and sustainability projects, enabling citizen participation in the energy transition.
• Code-V Accelerates Female EntrepreneurshipstrategicGTM or Marketing PartnerStartGreen, Borski Fund, and Invesdor signed Code-V, a collaboration of 65 leading organizations working to improve the entrepreneurial climate for women.
• European Women in VCstrategicGTM or Marketing PartnerBorski Fund is a founding partner of European Women in VC, which publishes reports on the venture capital ecosystem from a gender perspective.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Triodos Investment Management: Dutch impact-focused investment manager running multiple sustainable and inclusive funds across energy, food, climate and inclusion themes; directly comparable to StartGreen as a Netherlands-based multi-fund impact manager serving institutional and retail impact capital.
• ASN Impact Investors: Dutch sustainable asset manager and a current StartGreen partner (it appointed StartGreen as advisor to ASN Energy & Innovation Fund); operates multi-thematic impact funds in renewables and inclusive economy, making it a direct peer for institutional impact mandates in the Netherlands.
• Pymwymic: Dutch impact venture and private equity investor focused on healthy food, clean energy and circular economy startups; highly comparable to Borski Fund and PDENH on the venture side of StartGreen's platform.
• Invest-NL: Dutch national impact investor financed by the Dutch state that provides venture and growth capital to sustainable and innovative Dutch companies; competes with StartGreen for large Dutch climate and impact mandates and LP-like institutional relationships.
• Oost NL: Regional development agency for the East Netherlands that operates venture and loan funds for SMEs and energy transition; directly comparable to Energiefonds Overijssel as a province-level impact fund vehicle.
• ROM InWest: Regional development agency for North Holland that has taken over PDENH management from StartGreen; operates impact and growth funds in the same North Holland region, making it both a recent counterparty and a direct comparable impact fund manager.
• KplusV: Dutch sustainable-economy advisory and fund-management firm that co-manages PDENH with StartGreen; operates multiple regional sustainable economy funds and is a directly comparable fund manager on the regional impact-fund axis.

Regional players

• Capricorn Partners: Belgium-based independent fund manager running venture, growth and sustainable chemistry/cleantech funds; comparable to StartGreen as a Benelux impact fund manager with thematic, multi-stage funds.

Emerging players

• Carbon Equity: Netherlands-based climate-focused private markets platform offering curated access to climate venture and infrastructure funds; comparable as a younger, digitally-native Dutch climate investment vehicle competing for similar LP audiences.

Broad incumbents

• European Investment Bank (EIB): EU climate bank and a direct LP/co-financing partner of Energiefonds Overijssel; broader incumbent providing climate finance that StartGreen's regional energy funds leverage, making it a relevant comparable for mandate scale and counterparty dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/start-green-venture-capital
• Xx.com/startgreen_vc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about StartGreen Capital