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Accelerating Impact - an independent non-profit advancing impact finance by mobilizing capital toward sustainable development and running free accelerator programs for emerging fund managers (ICFA, ISFA). Join for expert coaching, training, financial support, and a strong peer community. Contact them here.

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🌊 The Second Swell Has Arrived

We’re back with Terhi Vapola, Founding Partner at Greencode Partners, a €70M venture capital fund investing in software solutions accelerating the green transition.

We dive into why software matters in climate, how to build defensible moats in a world of AI tools, and what it takes to raise a first-time fund in the toughest market in years.

In our conversation, we covered:

Why software is key to scaling climate impact faster

The difference between angel investing and managing other people’s money

How Greencode raised €70M as a first-time fund

Where software has real climate impact (AI, energy, industry)

How to assess risk and defensibility in climate SaaS

If you’re a software founder or investor in climate tech, this one’s a must-listen.

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Reach out to Terhi:

Greencode VC

Dr. Terhi (TJ) Vapola | LinkedIn

Or ask me for an introduction! 👋

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🌊 Next Swell Incoming

Don’t miss our next deep dive with Peter Platan, Investment Director (Fund of Funds) at Tesi, Finland’s sovereign investment fund.

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