Vireo Ventures achieves Article 9 fund status to accelerate decarbonization
Vireo Ventures, a venture capital fund focused on electrification and digitalization, announces its official classification as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR).
Vireo Ventures, a venture capital fund focused on electrification and digitalization, announces its official classification as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR). As one of Germany’s top 10 energytech VC funds, Vireo backs impact-driven entrepreneurs advancing the energy transition toward renewables and efficiency, aligned with global net-zero objectives.
With nearly €6 trillion across Article 8 and Article 9 funds, Article 9 status represents the gold standard of sustainability classifications under SFDR, reserved for funds with clear, measurable sustainability objectives. Vireo joins an exclusive group of approximately 600 Article 9 funds in Germany, as opposed to the more than 6,000 Article 8 funds. By prioritizing early-stage innovations that promote renewable energy, energy efficiency, and electrification, Vireo Ventures is committed to advancing Europe’s energy transition towards a sustainable, climate-resilient, and decarbonized future.
“Decarbonization of the energy sector is critical for European resilience – with this sector accounting for roughly 70% of worldwide CO2 emissions from our collective consumption of electricity, fuel, and heat. As a fund that champions sustainable innovation, achieving Article 9 status solidifies our dedication to achieving net-zero emissions,” said Matthias Engel, Managing Partner at Vireo Ventures. “We believe that through investment in digital solutions and electrification, we can play a critical role in achieving a decarbonized future”.
Vireo Ventures, with its Vireo Electrification Fund I, is supported by a €20 million commitment from the European Investment Fund (EIF) alongside notable investors from the energy industry, including EnBW New Ventures. Vireo Ventures invests in viable, scalable digital solutions in the areas of energy supply, mobility, transport, buildings and industry that accelerate the electrification and decarbonization of the energy sector.
