Securing cash has been especially tough the last year or so, amid one of historysbiggest downturnsin VC funding.
This has pushed many promising startups off the edge.
World Fund looks to bridge the gap by focusing on the larger sums startups need to scale.
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This week, it co-led a25mn founding round in UK-basedMission Zero, which builds energy-efficientcarbon capture machines.
Many of World Funds new backers had never invested in first-time VC funds.
These include the UK Environment Agency Pension Fund and British accounting giant PwC.
World Fund was founded in 2021 by Daria Saharova, Danijel Visevic, Tim Schumacher, and Craig Douglas.
It has offices in Berlin, Munich, Cologne, and Amsterdam.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
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