Regeneration.VC, launched in 2022, has invested in various innovative European companies, including Colorifix, a developer of green pigments, and Greyparrot, an AI platform for waste analytics.

Both Regeneration VC and Sky Ocean Ventures emphasize investing in consumer startups that address climate issues, which have historically received less funding compared to energy and mobility sectors.

The firm's founding partner, Michael Smith, relocated to the Netherlands in 2023, indicating a strategic shift towards European investments.

To bolster its UK presence and raise capital for a second $150 million fund, Jamie Rowles joined Regeneration.VC in November 2024.

The firm has further strengthened its team by hiring Narina Mnatsakanian, former head of impact investment at UBS, as its chief impact officer.

The portfolio also features companies like Xampla, a next-generation plastic startup, and Notpla, a sustainable packaging company.

The article notes a proliferation of climate-focused funds in Europe since 2022, with predictions of consolidation in the sector.

Regeneration.VC has taken over the management of Sky Ocean Ventures' climate portfolio, which focuses on early-stage climate and cleantech startups.

This transition includes the involvement of Leonardo DiCaprio as a limited partner, highlighting the fund's commitment to sustainability.

While Regeneration.VC will continue to invest in the US due to its access to capital and risk appetite, it will also prioritize alignment with European Union climate policies.

Despite the management transition, Sky Ocean Ventures retains a financial stake in the companies within the managed portfolio.

The changing political landscape in the US, particularly with Trump's support for oil and gas, is influencing climate investors to focus on Europe as a more favorable investment environment.