Caixa Capital Risc raises third fund

The fund will invest in startups involved in environmental sustainability and cleantech and has a target of €23m.

The new vehicle follows on from previous funds focused on biotech and internet startups.

Investors
Public investors CDTI, Spain's Centre for the Development of Industrial Technology and state-owned finance institution Institut Catala de Finances (ICF) will co-invest in the fund and hold a 49% stake.

Investments
The fund will invest in environmental sustainability and cleantech startups.

People
Carlos Trenchs is director of Caixa Capital Risc.

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