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New European early-stage VC Revent launches with an impact focus, and sights set on a $60M first close
Revent a new European early-stage (pre-seed to series A) venture capital fund with an “impact” focus is coming out of the gate today, and is poised to reach its target of a €50 million ($60 million) fund, with the first close of that already completed. Focusing on environmental and societal problems, Revent will be looking to fund startups with both “purpose and profit”. Headquartered in Berlin and investing across Europe it will home in on companies in climate tech, health and well-being, and economic empowerment.