This pension fund has a €1bn pot for climate tech startups. Here's the thesis behind its latest investment

4 mars 2026
17:31
One of the world's largest pension funds has a €1bn pot to invest directly in European climate tech scale-ups and VC funds. It's latest bet? Iron fuel.
We spoke to Tim van den Brule, investment director at PGGM Investments to find out more – and the role of pension funds in plugging Europe's scale-up funding gap.
We spoke to Tim van den Brule, investment director at PGGM Investments to find out more – and the role of pension funds in plugging Europe's scale-up funding gap.
The Netherlands’ largest climate tech funding round of this year was led by a pension fund.
PGGM Investments, which manages several Dutch pension funds with a combined €255bn in assets, has led a €83m Series B into RIFT.