# ESG & Impact investors (2026 list) > 46 ESG & Impact investors, 80% active in the last 12 months. Led by MassChallenge, BNP Paribas, Cultivation Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/esg-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # ESG & Impact investors Updated 7 November 2026 Firms observed backing an ESG & Impact company in the last two years, taken from what they funded rather than from what their website says they like. [See all 46 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fesg-investors)The top 25 **46** investors on the list *-1* this week **345** cheques in 12 months *-25%* against the market **$9.7M** median round they joined *+22%* against the market median **80%** wrote a cheque in 12 months **39%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (22) - 1 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen - 2 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen - 3 [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) *Deploying now* VC firm · United States **169** **$4.4M** median round **Oct 2026** last seen - 4 [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) *Deploying now* VC firm · United States **149** **$5M** median round **Sept 2026** last seen - 5 [Santander](https://millionrounds.com/fund/santander) *Deploying now* VC firm · United Kingdom **125** **$66M** median round **Oct 2026** last seen - 6 [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) *Deploying now* VC firm · United Kingdom **109** **$3.7M** median round **Oct 2026** last seen - 7 [Singular](https://millionrounds.com/fund/singular) *Deploying now* VC firm · France **97** **$11M** median round **Oct 2026** last seen - 8 [B2venture](https://millionrounds.com/fund/b2venture) *Deploying now* VC firm · Switzerland **94** **$9.8M** median round **Oct 2026** last seen - 9 [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) *Deploying now* Government · Belgium **91** **$4.9M** median round **Dec 2025** last seen - 10 [FMO](https://millionrounds.com/fund/fmo) *Deploying now* Government · Netherlands **66** **$20M** median round **Oct 2026** last seen - 11 [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) *Deploying now* Accelerator · Sweden **66** **$17M** median round **Aug 2026** last seen - 12 [MH Ventures](https://millionrounds.com/fund/mh-ventures) *Deploying now* VC firm · United States **57** **$3.5M** median round **Oct 2026** last seen - 13 [UVC Partners](https://millionrounds.com/fund/uvc-partners) *Deploying now* VC firm · Germany **55** **$14M** median round **Sept 2026** last seen - 14 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) *Deploying now* Corporate VC · Netherlands **54** **$185M** median round **Nov 2026** last seen - 15 [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif) *Deploying now* VC firm · Luxembourg **44** **$5.2M** median round **Oct 2026** last seen - 16 [PROPARCO](https://millionrounds.com/fund/proparco) *Deploying now* Government · France **18** **$20M** median round **Nov 2026** last seen - 17 [Finance Yorkshire](https://millionrounds.com/fund/finance-yorkshire) *Deploying now* Angel network · United Kingdom **8** **$5.3M** median round **Sept 2026** last seen - 18 [ECMC](https://millionrounds.com/fund/ecmc) quiet VC firm · United States **7** **$9.7M** median round **Jan 2025** last seen - 19 [E Squared Investments](https://millionrounds.com/fund/e-squared-investments) *Deploying now* Accelerator · South Africa **5** **$1M** median round **Nov 2025** last seen - 20 [Growth Impact Fund](https://millionrounds.com/fund/growth-impact-fund) *Deploying now* Private credit · United Kingdom **5** **$497K** median round **Jul 2026** last seen - 21 [LeanSquare](https://millionrounds.com/fund/leansquare) *Deploying now* VC firm · Belgium **5** **$1.2M** median round **Sept 2026** last seen - 22 [NPIF II – Mercia Equity Finance](https://millionrounds.com/fund/npif-ii-mercia-equity-finance) *Deploying now* VC firm **5** **$2.9M** median round **Oct 2026** last seen - 23 [Swedfund International](https://millionrounds.com/fund/swedfund-international) *Deploying now* Fund of funds · Sweden **4** **$62M** median round **Jul 2026** last seen - 24 [LiteCap](https://millionrounds.com/fund/litecap) quiet VC firm · United States **3** **$6.1M** median round **Jan 2025** last seen - 25 [IoTeX](https://millionrounds.com/fund/iotex) quiet VC firm · United States **2** **$5.3M** median round **Oct 2025** last seen **21 more on this list** All 46 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fesg-investors) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Banesco Banco Múltiple](https://millionrounds.com/company/banesco-banco-multiple)** Debt · $25M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco) - **5** Nov **[Pure Data Centres Group](https://millionrounds.com/company/pure-data-centres-group)** Debt · $1.9B *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) - **28** Oct **[SOGUIPAL](https://millionrounds.com/company/soguipal)** Debt · $5.6M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco) - **28** Oct **[Charism Capital](https://millionrounds.com/company/charism-capital)** Other · $25M *With* [Franciscan Sisters of Mary](https://millionrounds.com/fund/franciscan-sisters-of-mary) - **27** Oct **[Cancore](https://millionrounds.com/company/cancore)** Seed · $7.2M *With* [MH Ventures](https://millionrounds.com/fund/mh-ventures) - **26** Oct **[Giga Storage](https://millionrounds.com/company/giga-storage)** Debt · $291M *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) ## Stages This Year 319 rounds - Seed **20%** - Debt **19%** - Venture **14%** - Series A **13%** - Other **8%** - Other **26%** ## What They Backed Sectors, last 12 months - AI **69** - Energy **31** - Biotech **27** - Healthcare **22** - Fintech **21** - Financial Services **18** ## Cheques by Quarter Led Joined 124 Q1 25 116 Q2 25 119 Q3 25 130 Q4 25 106 Q1 26 85 Q2 26 75 Q3 26 34 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors 7,040](https://millionrounds.com/lists/ai-investors) - [Fintech investors 2,997](https://millionrounds.com/lists/fintech-investors) - [Big Data & Analytics investors 1,954](https://millionrounds.com/lists/big-data-investors) - [Biotech investors 1,901](https://millionrounds.com/lists/biotech-investors) - [Robotics investors 1,714](https://millionrounds.com/lists/robotics-investors) - [Energy investors 1,707](https://millionrounds.com/lists/energy-investors) - [Construction investors 1,609](https://millionrounds.com/lists/construction-investors) - [Manufacturing investors 1,385](https://millionrounds.com/lists/manufacturing-investors) - [Cybersecurity investors 1,380](https://millionrounds.com/lists/cybersecurity-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about ESG & Impact investors ### Who are the most active ESG & Impact investors? By cheques observed, the most active are MassChallenge, BNP Paribas, Cultivation Capital, DNX Ventures and Santander. ### How many ESG & Impact investors are there? 46 are on record. 80% made an investment in the last 12 months and 39% have led a round. ### Which stages do ESG & Impact investors back? Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Debt (25%). ### How big are the rounds ESG & Impact investors join? The typical (median) round among the leading investors here is $5.3M. ### Which sectors do ESG & Impact investors back most? In the last 12 months, mostly AI, Energy and Biotech. ### Which ESG & Impact investors lead the most rounds? Mercia Asset Management (9 led), Cultivation Capital (5 led) and FMO (5 led). ### Where are ESG & Impact investors based? Among the most active, most are based in the United States (7), the United Kingdom (4) and France (3). ### What have ESG & Impact investors invested in recently? Recent rounds include Banesco Banco Múltiple (Debt, Nov 2026, with PROPARCO), Pure Data Centres Group (Debt, Nov 2026, with ABN AMRO Fund) and SOGUIPAL (Debt, Oct 2026, with PROPARCO). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)