Announcing our investment into Satgana Fund I & an established portfolio at 4.2x 📈

Satgana is a next-generation Climate Tech Venture Capital firm investing in the Future of Earth. With an established portfolio of 13 companies of which ~40% are from underrepresented backgrounds. But maybe most interestingly to many, Satgana boasts an outstanding Multiple on Invested Capital (MOIC) of 4.2x on the fund that is currently closing - in other words; here’s the opportunity to buy in at 1x to a portfolio that’s already achieved quite a mark-up… Seems like impact can go hand-in-hand returns 💞.What is more, with a community-focused approach and 60+ Limited Partners, Satgana is a great match for us and clearly well-positioned to become one of our strong partners in the climate space giving us exactly what we look for in emerging managers: potential outlier performance, insights and strong co-investment opportunities.In one sentence, Satgana is looking to support purpose-driven entrepreneurs in Europe and Africa who are developing pain-killers (must-haves), not vitamins (nice-to-haves), to the increasingly severe environmental problems we face today. Needless to say, we’re more than eager to share this in-depth episode and article on Satgana, their journey, and the mission and vision that unites the team behind it.Chapters:00:00:00 - LP Syndicate into Satgana Fund One00:02:16 - eu.vc - a union of values00:04:27 - The Challenge and Opportunity of Climate Change00:06:23 - The Journey to First Close00:08:17 - The Decision to Pursue Funding00:10:21 - Building an Investment Firm with LPs as the Focus00:12:19 - Fee Structure and Carry Model00:14:22 - Investing in Climate Technology00:16:22 - Investing with Strategic Angels00:18:14 - Investment Strategy and Fund Size00:20:09 - Co-investment and Diversification with Angels00:22:00 - The complexities of GP angel collaboration00:23:49 - Following On Potential and Portfolio Performance00:25:50 - Promising Trajectory and Revenue Growth00:27:54 - The Power of Small Funds00:30:01 - Investing in Climate Tech00:32:06 - Addressing Methane Leaks in the Energy Sector00:34:13 - Y Combinator and the European Ecosystem00:36:14 - The Success of Y Combinator and Portfolio Companies00:38:12 - Investing in Africa's Impact Potential00:40:16 - Portfolio Overview and Investment Focus00:42:20 - The Importance of Structure and Tracking Investments00:44:02 - Commitment to Diversity and Social Impact00:46:02 - Reaching Out on LinkedIn