Rubio raises €70 million for entrepreneurs tackling climate change and social inequality

November 4, 2025
As the venture capital market heads toward its worst fundraising year in a decade, successful impact investors continue to attract capital. One of them is Rubio Impact Ventures, which today announces over €70 million in commitments for its third impact fund. With its new fund Rubio aims to invest in thirty ambitious companies creating scalable solutions that address the climate crisis and social inequality.
L Machtelt Groothuis Willemijn Verloopr Rubio

€220 million for entrepreneurs combining impact and returns 

With the launch of this third fund, Rubio's total assets under management will rise to €220 million. This continues the firm's mission to help scale entrepreneurs who combine impact and returns. 
Since 2015, Rubio has backed over forty fast-growing companies turning bold ideas into measurable change. This portfolio includes companies like Sympower (enabling grid flexibility for the transition to renewable energy), NoPalm Ingredients (protecting rainforests with circular palm oil alternatives), and OpenUp (increasing access to qualified mental healthcare support). 

Impact investing is a mature market 

Rubio Fund III is supported by many existing as well as new investors, including a large group of successful Dutch entrepreneurs and families, and partners such as the European Investment Fund (EIF), Invest-NL, Oost NL, Brabantse Ontwikkelingsmaatschappij, ING Social Impact Investments and the NN Social Innovation Fund. RVO has once again provided an innovation loan under the Seed Capital scheme. 

The fact that new partners such as ING and the NN Social Innovation Fund are now joining is a sign that impact investing has come of age, according to Machtelt Groothuis, co-founder of Rubio. 
Groothuis: "In an era of accelerating climate change and social challenges, the most valuable companies of the future are the ones building real solutions for global problems. The launch of our third fund reflects that the impact investing model is recognized, the opportunity is clear, and the urgency has never been greater.” 

Rubio is a pioneer in impact investment and remains a frontrunner. We’re backing Rubio because we share a mission to decarbonize energy, industry, and food—and because they’re a hands‑on, high‑conviction co‑investor at the early stages where BOM invests.
Daan van Lange
senior investment manager & teamlead climate tech

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Dvanlange bom nl

Daan van Lange

Senior Investment Manager & Teamlead Climate Tech

Invest-NL: "They didn't just set the standard, they created it" 

For Rinke Zonneveld, CEO of Invest-NL, it was a "no-brainer" to invest in Rubio's new fund. Zonneveld: "Rubio is leading the pack in the Dutch impact investing scene. They didn't just set the standard, they created it. Especially how they don't just talk climate but tackle social issues head-on is inspiring others and convincing institutional investors to enter this space."   

This conviction is shared by investors who have supported Rubio from the beginning. “Rubio was one of the first movers in the European impact market, launching its first fund in 2015 at a time when the market was still nascent. By targeting European start-ups that aim for social and climate impact, while also helping to build the environment for risk capital investment in the impact investing space, Rubio has been an inspirational partner for the EIF, and we’re happy to continue our fruitful collaboration.” says Marjut Falkstedt, Chief Executive of the European Investment Fund.

Aartjan Bontje from family office FlowFund Foundation, who also backed all three Rubio funds adds: "From Fund I to today, I've seen Rubio deliver on their promise: building successful companies while creating measurable impact. This third fund is proof that the movement towards impact is accelerating, and exactly the kind of shift the world needs." 

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