
ECBF Management GmbH yesterday announced a second closing of the European Circular Bioeconomy Fund (ECBF). Reaching €175 million, ECBF has more than doubled its fund-size within two months after starting its operations. ECBF is the first venture fund exclusively focussed on the bioeconomy and circular bioeconomy in Europe. With a targeted fund-size of €250 million, it will be an important financial instrument contributing to the European Green Deal making Europe climate neutral by 2050.