Building a resilient society
Impact Report
2025
2025 was characterized by further acceleration. While the energy transition, circular, and inclusive economies continue to develop, the need for capital that looks beyond the short term is also growing. Capital that not only sees opportunities but helps to actually scale solutions.
For nearly twenty years, StartGreen has been mobilizing capital for entrepreneurs, projects, and investors who contribute to a sustainable and inclusive economy. In this Impact Report, we show the results we have achieved together with these entrepreneurs, investors, governments, and partners.
In addition to impact figures and fund results, this report features inspiring stories from entrepreneurs, insights from partners, and our founders' vision on the developments that will define the future of the Netherlands and Europe in the coming years.
We hope this report inspires us to continue building an economy that is more sustainable, resilient, and inclusive together.
Our impact at a glance
Through our funds, we invest in projects and companies that contribute to the energy, circular, and inclusive transition. In 2025, we once again made capital available for solutions that combine social impact with economic value.
The results on this page demonstrate what becomes possible when entrepreneurship, expertise, and capital come together.
In 2025, our funds deployed €76.6 million in new capital through 40 loans and investments (new funding and follow-on investments). This achieved the impact shown below. Total Assets Under Management (AUM) grew to €738 million.
The CO₂ emissions avoided in 2025 by the financed companies and projects amounted to approximately 94,000 tons. This is equivalent to the annual CO₂ emissions of 41,000 households!
Theme of the year: wind energy
Wind energy is playing an increasingly important role in an affordable, independent, and future-proof energy system. At the same time, the further development of wind energy requires significant investments in infrastructure, storage, grid capacity, and new financing structures.
In this Impact Report, we dive into the opportunities and challenges of wind energy together with Jakoba van der Mei (Investment Director). We show why wind energy is essential for the next phase of the energy transition and the role financing plays in realizing new projects.
What drives us from the Founders' Note
“The solutions to many of today’s social challenges already exist. The question is no longer whether the transitions will take place, but how quickly we succeed in realizing them at scale. That requires entrepreneurs with vision, investors with a long-term perspective, and financing solutions that enable growth.”
– Laura Rooseboom & Coenraad de Vries
Our funds in focus
Our funds invest in various phases of the transition. From sustainable infrastructure and energy projects to innovative scale-ups and inclusive entrepreneurship.
In the Impact Report, our fund teams share their results, insights, and ambitions for the coming years.
Energiefonds Overijssel
“In 2025, we once again demonstrated how regional capital can accelerate sustainable projects. From energy saving and generation to wind energy and storage: every investment contributes to a stronger and more future-proof energy system.”
PDENH
“Although the market remained turbulent in 2025, the PDENH portfolio has once again proven its resilience. The fund's valuation is well above the original target. This is mainly due to high transition rates, from pre-seed/seed to Series B or C and/or exits. The partial exit of Dexter Energy in the Series C phase was a milestone in this regard.”
Borski Fund
“The positive impact of our portfolio grows along with the companies we invest in. In this way, we build companies that create sustainable value for people, society, and the environment.”
ASN Energie & Innovatiefonds
“Through the ASN Energie & Innovatiefonds, we invest in solutions that contribute to a more sustainable, independent, and affordable energy system. Especially in this phase of the energy transition, appropriate capital is essential to get projects realized.”
Download the Impact Report 2025
The full report contains all impact data, fund results, entrepreneur stories, interviews, and insights, clearly bundled together.
Accelerating transitions together
Would you like to invest with us in solutions for the energy, circular, or inclusive transition? Or are you looking for a financing partner for your company or project?
We would be happy to discuss this with you.
