Impact investor Unconventional Ventures reaches second close for Fund II


Photo of Unconventional Ventures' general partners (L-R) Nora Bavey, Alexis Horowitz-Burdick and Thea Messel.
From left: Unconventional Ventures’ general partners Nora Bavey, Alexis Horowitz-Burdick and Thea Messel.

Unconventional Ventures, a European impact investor focused on diverse tech founders, has announced it has held a second close for its sophomore fund, which is targeting €80 million ($94.3 million).

“In a challenging global climate – marked by economic uncertainty and tightening capital markets – this close is more than a fundraising milestone,” the Copenhagen-based firm said in a statement on LinkedIn.