
Triodos Bank
Description
Triodos Bank, headquartered in Zeist, The Netherlands, is a pioneering force in sustainable and ethical banking, with a deep-rooted commitment to positive societal and environmental impact. Established in 1980, the bank has grown to become a leading institution in the impact investing space. Its dedicated investment arm, Triodos Investment Management, manages a diverse range of funds focused on critical global transitions, including renewable energy, sustainable food and agriculture, microfinance, and organic growth for mission-driven businesses. This holistic approach ensures that capital is deployed to foster a more sustainable and equitable economy.
Triodos Investment Management primarily provides growth capital to established, unlisted companies across Europe that demonstrate a clear positive impact. For instance, through funds like the Triodos Organic Growth Fund and the Triodos Food Transition Europe Fund, they seek to partner with businesses that are actively contributing to a sustainable economy or transforming the food value chain. These funds typically provide initial equity investments ranging from EUR 2.5 million to EUR 10 million, which translates to approximately USD 2.7 million to USD 10.8 million, depending on the prevailing exchange rates. This strategic focus allows them to support companies beyond their early stages, helping them scale their operations and amplify their impact.
Beyond growth equity, Triodos Investment Management also manages significant assets in other impact sectors. Their renewable energy funds, for example, invest in the development and operation of clean energy projects, while their microfinance funds empower entrepreneurs in developing countries. As of year-end 2022, Triodos Investment Management reported total assets under management of EUR 6.2 billion, equivalent to approximately USD 6.7 billion, underscoring their substantial capacity to drive change. Their investment philosophy is characterized by a long-term perspective, seeking not just financial returns but also measurable social and environmental benefits.
Triodos Bank and its investment arm are distinguished by their transparent and values-driven approach. They engage in rigorous impact assessment and reporting, ensuring that their investments align with their core mission of fostering a more sustainable future. Their commitment extends to building strong, collaborative relationships with the companies they support, providing not just capital but also strategic guidance to help them achieve their full potential and contribute meaningfully to global sustainability goals.
Investor Profile
Triodos Bank has backed more than 40 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 50% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in India, Germany, United Kingdom.
- Strong thematic focus on Financial Services, FinTech, Solar.
- Typical check size: $2.7M – $10.8M.
Stage Focus
- Debt Financing (53%)
- Series Unknown (23%)
- Series B (8%)
- Series A (5%)
- Series C (3%)
- Post Ipo Debt (3%)
- Series D (3%)
- Convertible Note (3%)
- Private Equity (3%)
Country Focus
- India (28%)
- Germany (15%)
- United Kingdom (8%)
- Kenya (8%)
- South Africa (5%)
- Spain (5%)
- Indonesia (5%)
- The Netherlands (5%)
- Mexico (3%)
- Mali (3%)
Industry Focus
- Financial Services
- Fintech
- Solar
- Energy
- Finance
- Lending
- Renewable Energy
- Small And Medium Businesses
- Agriculture
- Information Technology
Frequently Asked Questions
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