The European Investment Fund (EIF) is set to invest €40.00 million in the SevenGen Growth Fund Coöperatief U.A., bolstering investments in companies dedicated to sustainability. This significant financial commitment will empower the fund to target and support EBITDA-positive companies across key sectors including energy, mobility, the built environment, and industrial decarbonisation within the Benelux region, Germany, and the Nordics.
Luxembourg/Amsterdam, 6th February 2025 – SevenGen Investment Partners B.V., based in the Netherlands, is poised to welcome the European Investment Fund as a cornerstone investor in its new Growth Fund, securing a substantial €40 million commitment. SevenGen’s fund is strategically designed to fuel businesses that have already achieved profitability but require growth capital to facilitate rapid scaling, drive impactful innovation, and broaden their market influence. The endorsement from the EIF will enable the fund to accelerate its investment strategy, fostering sustainable growth throughout critical industries and creating a lasting positive impact for future generations. It is important to note that the EIF’s commitment is contingent upon the fulfillment of certain standard conditions.
Marjut Falkstedt, Chief Executive of the EIF, stated, “This agreement resonates deeply with our core mission to foster sustainable economic progress within Europe. By strengthening crucial ecosystems across vital sectors, our aim is to be a catalyst for innovation and growth. This collaboration with SevenGen perfectly exemplifies our shared dedication to advancing sustainability and encouraging the adoption of game-changing technologies.”
Frederik Deutman, Managing Partner at SevenGen, added his perspective: “We are delighted to have the EIF join us as an anchor investor. Their belief in our approach highlights the robustness of our strategy to support profitable companies primed for expansion. This partnership is instrumental in enabling us to accelerate innovation and scale these businesses effectively, addressing a crucial need often unmet by conventional buyout investment models. Our objective is to generate strong financial returns, create demonstrable impact, and deliver meaningful additionality. We are currently in advanced discussions with several companies that are an ideal fit for this mission.”
SevenGen’s investment philosophy centers on supporting innovative businesses that are driving down prices within their respective value chains. By doing so, SevenGen aims to make impactful products and services more accessible to a wider market, thereby accelerating the growth of these businesses and significantly enhancing both financial returns and societal impact.
Background Information:
The European Investment Fund (EIF): As part of the European Investment Bank Group, the EIF’s primary objective is to facilitate access to finance for Europe’s micro, small, and medium-sized enterprises (SMEs). The EIF specializes in the design and development of venture and growth capital, guarantees, and microfinance instruments specifically tailored to this market segment. In this capacity, the EIF actively promotes EU objectives that support innovation, research and development, entrepreneurship, growth, and job creation.
SevenGen: Based in Amsterdam, SevenGen is an independent investment firm focused on making high-impact investments in profitable companies operating within the energy, mobility, built environment, and industrial decarbonisation sectors across the Benelux, Germany, and the Nordics. SevenGen distinguishes itself by concentrating on businesses that are not only profitable and have matured beyond the venture capital stage but also by providing growth capital to significantly amplify their impact and scalability.
