In brief: Eurazeo backs impact investing start-up

Eurazeo is an investor in ‘world’s largest impact investing seed round’.

Paris-headquartered private markets firm Eurazeo has invested in Tulipshare, a listed equity ‘activist investment platform’ for retail investors.

Tulipshare has raised $10.8 million from Eurazeo, venture capital firms Speedinvest, First and other investors, which the start-up says was “the world’s largest impact investing seed round”. Tulipshare engages in shareholder activism on behalf of its retail investors to improve listed companies’ sustainability measures.

Eurazeo invested via its third Idinvest Digital fund, which closed at €354 million in 2019. The firm is on the road with an ‘Article 9’ sustainable maritime infrastructure credit fund targeting €300 million.