Satgana is a next-generation Climate Tech Venture Capital firm investing in the Future of Earth. With an established portfolio of 13 companies of which ~40% are from underrepresented backgrounds. But maybe most interestingly to many, Satgana boasts an outstanding Multiple on Invested Capital (MOIC) of 4.2x on the fund that is currently closing - in other words; here\u2019s the opportunity to buy in at 1x to a portfolio that\u2019s already achieved quite a mark-up\u2026 Seems like impact can go hand-in-hand returns \U0001f49e.
What is more, with a community-focused approach and 60+ Limited Partners, Satgana is a great match for us and clearly well-positioned to become one of our strong partners in the climate space giving us exactly what we look for in emerging managers: potential outlier performance, insights and strong co-investment opportunities.
In one sentence, Satgana is looking to support purpose-driven entrepreneurs in Europe and Africa who are developing pain-killers (must-haves), not vitamins (nice-to-haves), to the increasingly severe environmental problems we face today. Needless to say, we\u2019re more than eager to share this in-depth episode and article on Satgana, their journey, and the mission and vision that unites the team behind it.
Chapters:
00:00:00 - LP Syndicate into Satgana Fund One
00:02:16 - eu.vc - a union of values
00:04:27 - The Challenge and Opportunity of Climate Change
00:06:23 - The Journey to First Close
00:08:17 - The Decision to Pursue Funding
00:10:21 - Building an Investment Firm with LPs as the Focus
00:12:19 - Fee Structure and Carry Model
00:14:22 - Investing in Climate Technology
00:16:22 - Investing with Strategic Angels
00:18:14 - Investment Strategy and Fund Size
00:20:09 - Co-investment and Diversification with Angels
00:22:00 - The complexities of GP angel collaboration
00:23:49 - Following On Potential and Portfolio Performance
00:25:50 - Promising Trajectory and Revenue Growth
00:27:54 - The Power of Small Funds
00:30:01 - Investing in Climate Tech
00:32:06 - Addressing Methane Leaks in the Energy Sector
00:34:13 - Y Combinator and the European Ecosystem
00:36:14 - The Success of Y Combinator and Portfolio Companies
00:38:12 - Investing in Africa's Impact Potential
00:40:16 - Portfolio Overview and Investment Focus
00:42:20 - The Importance of Structure and Tracking Investments
00:44:02 - Commitment to Diversity and Social Impact
00:46:02 - Reaching Out on LinkedIn