
AENU
Description
AENU is a Berlin-based impact fund dedicated to fostering positive change through early-stage investments in climate technology and social impact companies. Operating across Europe and the United States, the firm is committed to backing ventures that address pressing global challenges, aligning financial returns with measurable environmental and social benefits. AENU's investment thesis centers on supporting innovative solutions that contribute to a sustainable and equitable future, reflecting a deep commitment to its mission as a certified B Corporation.
The fund primarily targets companies in their early stages, typically from Seed to Series A rounds. AENU's initial investment tickets range from approximately €500,000 to €3 million, which translates to about $540,000 to $3.24 million based on recent exchange rates. This strategic range allows AENU to provide substantial early capital while maintaining flexibility for follow-on investments as portfolio companies scale. Their focus spans a broad spectrum of impact areas, including critical climate tech sectors like carbon removal, sustainable food systems, and energy transition, alongside social impact domains such as the future of work, education, and health & wellbeing.
With a first fund totaling €100 million (approximately $108 million), AENU possesses significant capital to deploy across its chosen impact verticals. Beyond capital, the firm emphasizes providing strategic support and leveraging its network to help founders navigate growth challenges and maximize their impact. AENU's approach is characterized by a long-term perspective, seeking to build enduring partnerships with entrepreneurs who are building scalable solutions to some of the world's most complex problems. Their dedication to both financial performance and societal good positions them as a distinctive player in the global impact investing landscape.
Investor Profile
AENU has backed more than 45 startups, with 6 new investments in the last 12 months alone. The firm has led 9 rounds, about 20% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Germany, United States, Denmark.
- Strong thematic focus on Software, Renewable Energy, CleanTech.
- Led 3 rounds in the past year.
- Typical check size: $540K – $3.2M.
Stage Focus
- Series A (29%)
- Seed (27%)
- Series B (18%)
- Pre Seed (11%)
- Series Unknown (4%)
- Series C (4%)
- Undisclosed (4%)
- Series D (2%)
Country Focus
- Germany (40%)
- United States (16%)
- Denmark (16%)
- United Kingdom (11%)
- France (7%)
- The Netherlands (4%)
- Poland (2%)
- Ireland (2%)
- Singapore (2%)
Industry Focus
- Software
- Renewable Energy
- Cleantech
- Environmental Consulting
- Electric Vehicle
- Mobile Apps
- Clean Energy
- Sustainability
- Greentech
- Battery
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.