Butterfly Ventures Announces the First Closing of 47 Million Euros of Their New 100 Million Euro EU Article 8 Based Fund

The new sustainable fund focuses on science based deep tech and hardware startups in the Nordics and Baltics21 June, 2022 - Helsinki, Finland & Stockholm, Sweden - Butterfly Ventures announced today the first closing of 47 million euros of their new 100 million euro seed entry capital fund, Butterfly Venture Fund IV, which focuses on science based deep tech and hardware startups in the Nordics and Baltics. The Fund is based on the EU Article 8 and the Sustainable Finance Disclosures Regulation (“SFDR”). It is one of the first venture capital funds based on EU Article 8.   “