Key Takeaways
- • Revaia closed its second fund, Revaia Growth II, at a final €250 million in April 2025, following an initial €150 million first close in late 2023, demonstrating strong institutional LP demand for its sustainability-focused growth equity strategy.
- • The firm, founded in 2019 by Elina Berrebi and Alice Albizzati, secured the NPM venture capital firm of the year award (ESG category), positioning it as a leader in sustainable technology investing across Europe.
- • Revaia is Europe's largest all-women led venture capital firm, investing in growth-stage technology companies with sustainability embedded in their business models across Business/Productivity Software and Healthcare Technology Systems sectors.
- • The fund attracted international limited partners and raised an additional €100 million beyond its initial close, signaling robust market confidence in female-led, ESG-focused growth equity investing in Europe.
- • Revaia achieved an "Excellent" rating in the Leaders League ranking of late-stage/growth investment funds, validating its operational and investment performance track record.
Summary
Revaia, Europe's largest all-women led venture capital firm, announced the final closing of its second fund, Revaia Growth II, at €250 million in April 2025. The fund's capital raise proceeded in two tranches: an initial close of €150 million in late 2023, followed by an additional €100 million commitment, demonstrating sustained institutional appetite for the firm's sustainability-focused growth equity strategy. This capital deployment positions Revaia as a significant player in the European growth capital markets, particularly within the ESG-integrated investment space.
Founded in 2019 by Elina Berrebi and Alice Albizzati, Revaia operates as a growth equity investment platform with an explicit mission to champion sustainable leaders in technology and innovation. The firm's strategic positioning around environmental, social, and governance integration has gained material recognition: Revaia received NPM's venture capital firm of the year award in the ESG category earlier in 2025 and achieved an "Excellent" rating in the Leaders League ranking of late-stage and growth investment funds. These accolades reflect both market validation of its investment thesis and operational execution capabilities.
Revaia's investment approach targets European growth-stage companies operating across Business/Productivity Software and Healthcare Technology Systems, with a stated commitment to scaling companies from growth stage through IPO or buyout. The fund's portfolio includes notable companies such as Synera, Hublo, and Intersec. The firm emphasizes partnership with mission-driven entrepreneurs and leverages a dedicated ecosystem of growth experts designed to set new standards in sustainability and accountability within the European technology sector. The successful €250 million close at Revaia Growth II, supported by international limited partner participation, underscores institutional investor confidence in female-led vehicles and the commercial viability of sustainability-aligned growth equity investing in Europe.
Founded in 2019 by Elina Berrebi and Alice Albizzati, Revaia operates as a growth equity investment platform with an explicit mission to champion sustainable leaders in technology and innovation. The firm's strategic positioning around environmental, social, and governance integration has gained material recognition: Revaia received NPM's venture capital firm of the year award in the ESG category earlier in 2025 and achieved an "Excellent" rating in the Leaders League ranking of late-stage and growth investment funds. These accolades reflect both market validation of its investment thesis and operational execution capabilities.
Revaia's investment approach targets European growth-stage companies operating across Business/Productivity Software and Healthcare Technology Systems, with a stated commitment to scaling companies from growth stage through IPO or buyout. The fund's portfolio includes notable companies such as Synera, Hublo, and Intersec. The firm emphasizes partnership with mission-driven entrepreneurs and leverages a dedicated ecosystem of growth experts designed to set new standards in sustainability and accountability within the European technology sector. The successful €250 million close at Revaia Growth II, supported by international limited partner participation, underscores institutional investor confidence in female-led vehicles and the commercial viability of sustainability-aligned growth equity investing in Europe.
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