Ananda Impact Ventures Raises €73 Million for System-Level Impact Fund

Ananda Impact Ventures, partnering with visionary founders who dare to challenge limits, shaping a future that’s better for people and planet alike, led by Partners Johannes Weber, Florian Erber, Zoe Peden, Bernd Klosterkemper, and others, has secured €73m in the first close of its fifth fund, targeting €108m. The fund, Ananda V, has attracted backing from a mix of returning and new limited partners, including the European Investment Fund, NRW.BANK, Investcorp-Tages, Mercator Foundation, and more than 40 family offices across Europe.

The raise comes amid a challenging period for impact-focused venture capital, which fell to a five-year low in 2025, according to Dealroom data.

Despite the downturn, Ananda is increasing its commitment to early-stage European founders developing technologies critical to long-term social and environmental sustainability, positioning the new fund as a differentiated, values-driven counter to prevailing venture capital trends.

Ananda takes a systems-level investment approach, focusing on companies operating at the intersection of biological, digital, and social systems rather than isolated sectors such as climate, health, or education.

The firm has backed companies including OroraTech, IESO, and NatureMetrics, and leverages a multidisciplinary technical team to support highly technical startups from early stages. Limited partners highlight Ananda’s ability to identify emerging trends while maintaining strong financial discipline and deep conviction in founding teams.

Ananda plans to continue investing in line with its original thesis, with increased focus on biodiversity as declining costs and scientific advances unlock new nature-tech applications. Biosecurity is another priority, driven by rising risks around antimicrobial resistance and pathogen detection.

Additional areas of interest include ocean tech, space tech, biomolecular design, critical minerals, and extreme-weather prediction.