Environmental Technologies Fund, the London-based venture capital fund focusing on clean technologies, has held a final close on its debut fund after raising a greater than expected ã110m (â¬144m) from venture capital and institutional investors.
The amount raised was nearly triple the â¬50m ($76m) committed by the fundâs first close in November 2006, when it set a target of raising â¬150m to invest in companies across Europe that focused on clean technologies and services, according to statements by ETF.