The impact VCs actively fundraising – or closing funds – in 2026

Some of the partners mentioned in this article. Full names below: Press photo/Impact Loop design
22 jan. 2026
15:53
Some of the partners mentioned in this article. Full names below: Press photo/Impact Loop design
Based on fund data and direct conversations with managers, here’s a snapshot of which impact and climate VCs are fundraising this year – and targeting final closes.

"Some new big investors will be coming in soon," a spokesperson for Emerald Technology Ventures tells Impact Loop.

After a bruising year that saw European VC fundraising sink to a decade-low €12bn, according to PitchBook, the venture industry is quietly gearing up for its next capital push.

While 2026 is still expected to be tough for new funds, PitchBook notes that many vehicles that were first closed in 2025 are now heading into final-close mode. There are also a growing number of managers that haven’t raised in two or three years and will be looking to pursue a new fund.

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