$105M sweet spot round size
Most of their 6 investments are in rounds between $4.9M and $190M
2014
H2 Green Steel raised $1.6B on September 7, 2023
Investors: FAM AB, Just Climate, Temasek, GIC, HY24 and Vargas Holding
Undisclosed raised $51M on September 4, 2023
Investors: Alecta and Vargas Holding
Plexigrid raised $4.9M on April 18, 2023
Investors: TheVentureCity and Vargas Holding
H2 Green Steel raised $190M on August 29, 2022
Investors: FAM AB, Marcegaglia, Kingspan Global, Swedbank Robur, GIC and Vargas Holding
H2 Green Steel raised $105M on May 24, 2021
Investors: Kingspan Global, InnoEnergy, Marcegaglia and Vargas Holding
Undisclosed raised undisclosed on March 10, 2016
Investors: Vargas Holding