Amsterdamse Klimaat en Energiefonds

What they do

The Amsterdamse Klimaat en Energiefonds (AKEF) was established in 2013 by the City of Amsterdam using €45 million in proceeds from the sale of Nuon shares. Managed independently by e3 Partners, the fund provides risk-bearing financing to projects and companies in the energy transition and circular economy sectors. AKEF is positioned as a critical bridge for initiatives that are in the realization phase but lack the historical track record required to secure traditional senior bank debt. It has built a strong reputation in the Dutch ecosystem as a catalyst for local sustainability, operating as a revolving fund where returns are reinvested into new climate initiatives.

What they look for

AKEF invests in sustainable climate and energy-related projects in the Amsterdam region, including circular economy and bio-based technologies that replace fossil resources, with a focus on impactful, demonstrable projects.

Stage

Seed, Series A, Series B+

Sectors

Climate, Proptech, Food and agriculture, Consumer

Based

Amsterdam, NL