GERMAN FAMILY OFFICE - WERMUTH ASSET MANAGEMENT - INVESTS INTO PLAGAZI TO DRIVE ENVIRONMENTAL CHANGE
The investment involves equity from Wermuth’s second fund, the Green Growth Fund 2 (GGF2), with the aim to add additional capital from their upcoming Clean Industrialization Fund (GGF3), which aims to raise EUR 1bn to support the growth of their portfolio companies and their environmentally disruptive technologies, now including Plagazi.Wermuth Asset Management GmbH (WAM) is a German single-family-office investment adviser and initiator of vehicles committed to investing with both high-risk-adjusted returns and a positive impact on the environment across all asset classes. Its principal,