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September 9, 2025

Vireo Ventures closes €50m fund for electrification tech amid climate tech downturn

Vireo’s team come from Innogy Ventures, the CVC arm of utility company Innogy

Freya Pratty

3 min read

Berlin-based early-stage VC firm Vireo Ventures, which invests in companies working to electrify industries away from fossil fuels, has closed its first fund at €50m. 

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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