Impact investors are done chasing unicorns – is this the next big thing?

23 new impact funds hit the market in Q1. Here's what they tell us about the state of the impact market right now, writes Impact Loop's founder Camilla Bergman.
When I founded Impact Loop two and a half years ago, the big trend in the impact investor community was to create the next big climate tech unicorn.
Today, those times are gone – which we can see clearly in our deep-dive of the impact funds launched and closed during the first quarter of 2026.