Four Institutional Investors join the Capricorn Cleantech Fund

Early February, Capricorn Venture Partners welcomed four additional investors to its latest Capricorn Cleantech Fund, increasing the fund’s capital with over € 30 million. In addition to the European Investment Fund, the fund’s investor base was also strengthened by institutional investors Dexia Bank, Ethias and Quest for Growth. Capricorn aims to close fundraising for its Cleantech Fund by the end of the first quarter of 2008 with a target fund size between € 80 and 100 million.

In addition, Capricorn announced its third portfolio investment in Neosens, a French based cleantech company specialized in microelectronics sensor technology to monitor fouling and dissolved oxygen for industrial processes. Capricorn joined lead investor Sofinnova Partners, GALIA Gestion and original investors ICSO Private Equity and IRDI in a € 2.5 million capital round for Neosens.

More info on the press release.