The 10 impact VCs that raised the largest funds in 2025 – and where they’re placing bets now

8 dec. 2025
21:36
Fundraising has slowed to a crawl, exits are collapsing, and LPs are playing hardball. Yet, some impact VCs still managed to close sizeable funds this year.
Here’s a breakdown of the 10 largest funds raised in impact VC this year – and where they're looking to deploy capital in 2026.
Here’s a breakdown of the 10 largest funds raised in impact VC this year – and where they're looking to deploy capital in 2026.
European impact VCs have pushed against severe headwinds this year to close sizeable new funds, with the ten largest having a combined value of €1.2 billion.