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Climate Tech Portfolio Fund II

Build a diversified portfolio of pioneering climate tech companies. Invest alongside the world's best climate venture capital and private equity funds to prioritize your impact and returns.

Why invest in Climate Tech Portfolio Fund II?

Our team is one of the most specialized players in climate fund selection globally. We conduct first-class climate and financial diligence to select the climate funds that allow you to move the needle on climate change and aim for strong financial returns. Invest with confidence and directly power the growth of over 150 climate tech companies through our Portfolio Fund II.

150+ climate companies through one investment

Gain diversified exposure to climate tech companies across all sectors — from early-stage innovations to late-stage commercializations.

Invest alongside the best

Let 7-10 world-class climate funds research, manage and do the investing work for you. Only 5% of climate funds we diligence make it to our platform.

2-2.5x target net return

Climate tech is currently outperforming the rest of private equity. Through this Fund, you can join the investing experts leading this trend.

Target net return
12 years
Min. investment
Target size
Amount raised
Target size

Invest in the next climate unicorns

Gain exposure to a portfolio of 150+ climate tech companies revolutionizing every sector of the economy. The companies below are part of Climate Tech Portfolio Fund I and are here to showcase what kind of companies could land in your Fund II portfolio.

True decarbonization impact

Hard-tech focus on most difficult to decarbonize segments

Unique “multi-corporate venture capital” platform

Renowned energy transition firm leveraging knowledge and commercial footprint of corporate investor network

Strong team

Managed by knowledgeable, high-profile team supported by large in-house research & BD capability

Exciting start of the fund

Visibility on promising initial investments

Why this investment and impact team

The investment team putting your capital to work will focus on bringing climate technologies to a global scale. Here are four of the many highlights of its team:

Decarbonization-focused growth fund

Lightrock fills the funding gap for European climate tech startups looking to scale

Seeded climate portfolio

Several investments have already been made, which shows strong decarbonization and investment potential

Experienced team

Its senior team is supported by a sizeable group of investment professionals in Europe, plus a global impact platform

Anchor investors in place

There has been substantial progress in fundraising, with significant anchor support from the LGT Private Bank

Strong impact-driven mandate

Make sustainable and regenerative food systems key to our net-zero future

Proven model

Built a compelling 30+ company portfolio with already some early winners in Fund I

Vertical focus

Specific sector expertise, credible brand well positioned to attract the best and most impactful deals

Excellent team

Highly complementary experienced partner team, combining scientific expertise with strong investment track records

Fully decarbonization-focused

Clear impact mandate of 2.5 Gt GHG reduction potential by 2050 per company

Strong network

An extensive network of co-investors, LPs and strategic partners to source the best deals

Experienced team with strong technological expertise

Extensive cleantech expertise and technical backgrounds in the team

Strategy & financial performance validation

Continuation of its Fund I strategy, which is showing early signs of success

Spin-off out of Prime Coalition

The leading institution in catalytic climate impact investments

Strong proof through Prime Impact Fund

Its PIF strategy resulted in high-impact companies & strong financial results

Optimizing for true climate impact

Thorough additionality assessments to ensure investments have impact

De-risked catalytic capital

Risk of early-stage climate investments is shared with a catalytic investment vehicle, which sets a foundation for a commercial follow-on vehicle

Why ArcTern’s investment and impact team

The ArcTern team putting your capital to work will focus on bringing climate technologies to a global scale. Here are four of the many highlights of its team:

Investment strategy

The fund will target early-stage hardware and software investments with commercial traction and demonstrated product-market fit (Series A and B). It will focus predominantly in North America and selectively in Europe.

Strong impact mandate

ArcTern will put 90% of its investments in technology with an annual reduction potential of 200 Mt of GHG emissions per year by 2025 (0.5% of global GHG emissions). It aims to abate at least 600 Mt of CO2 by 2030 with its portfolio.


ArcTern is a 12-person venture capital firm founded in Toronto in 2012. The team is led by two Managing Partners and four Partners with complementary experience as investors, founders, and industry executives.

Track record

ArcTern has shown the ability to make climate impact and financial returns. Its deep climate tech expertise and proven strategy led to a strong performance from its previous fund.

Invest with the best climate funds

Climate Tech Portfolio Fund II offers diversified exposure to 7-10 world-class climate funds in North America and Europe. The funds below were part of Climate Tech Portfolio Fund I and are here to highlight the quality of climate funds who will invest in climate companies on your behalf.

How does it work?

Request key fund info

Start by requesting access to the fund documentation (i.e. fund deck and term sheet). Our investment team will reach out for a short intro call and answer any questions.

Request your allocation

Once you are ready to invest, click on the “Request your allocation” button here or in an email from us. Once your allocation is confirmed, your spot in the fund is officially reserved.

Formally onboard

All confirmed investors will then be contacted to identify themselves and get onboarded into our Investment Dashboard.

Terms, Conditions & Legal

Target fund size
Target size
Amount raised
Target Return
Minimum ticket size
Setup Fee (One-off)
Annual Management Fee
Start Raise
February 2023
Next Close
September 2023
Final Close
Investment Period
18 months
Fund Lifetime
12 years

Climate Tech Portfolio Fund II

Invest now and become part of a highly motivated community of investors fighting climate change with their capital.
Target net return
Fund duration
12 years
Min. ticket size
Target fund size
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