Fund profile / United Kingdom

Vesper Next Generation Infrastructure Fund I

Stage
Pre-Seed
Fund size
€570M
Focus
AI/ML, Climate & Sustainability and SaaS
Signals
Published
Share
N°01 / About

About Vesper Next Generation Infrastructure Fund I

Vesper Next Generation Infrastructure Fund I is a venture capital firm based in United Kingdom, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited Kingdom
Funding StagePre-Seed
Industry Focus
AI/ML
Climate & Sustainability
SaaS

Investor Signals Profile

active

Sweet Spot

European mid-market infra cos in energy, digital, or circular sectors

clean energy & electrification
secure digital infrastructure
decarbonisation & mobility
circular economy & health living
European mid-market value-add

Bullish Signals

Fund I final close >€1bn AuMexternal
6+ investments signed, active deploymentexternal
EIF committed €75m — InvestEU backedexternal
CDP Group & COFIDES as LPsexternal
Top rating from independent LP consultantexternal
€28bn+ direct equity infra track recordexternal
Largest first-time infra fund since 2023linkedin
North American & European LP baselinkedin
4 offices, ~20-person team — fast scalinglinkedin
Built from blank slate in 3 yearslinkedin
270 reactions — strong community signallinkedin
Final close March 2024 — capital securedlinkedin
Inaugural AGM held in Milan — investor confidencelinkedin
Strong positioning vs macro volatilitylinkedin
5,973 followers — growing investor baselinkedin
Full investor update & macro outlook sharedlinkedin
Erik Fossing Nielsen keynote — market credibilitylinkedin
High investor attendance AGM — strong LP engagementlinkedin
Investors gathered post-close for AGM — LP commitment confirmedlinkedin

Contrarian Signals

First-time fund — no prior fund track recordexternal
Mid-market infra — long hold, illiquidexternal
Advisory-only role — Sanne manages fundexternal
Raised in hardest fundraising environment in decadeslinkedin

Founder Do's

Operate in energy, digital, or circular infra
Show clear megatrend exposure
Demonstrate infrastructure capital protection features
Target European mid-market segment
Have operational value creation potential

Founder Don'ts

Early-stage with no infra asset base
Outside European geography
No structural downside protection

38 signals on Vesper Next Generation Infrastructure Fund I

19 bullish · 4 contrarian · 5 pitch do's · 3 don'ts · 7 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€570M
Saves0
People

Key People

Livio Fenati, Aola Rastelli, Giacomo Rossi

Livio FenatiFounder and Managing Partner
Alfredo Maria De FalcoFounder
Paola RastelliFounder
Giacomo RossiCo-founder and Partner
Olaf NordmeyerCo-founder and Partner
Guillermo Royo-VillanovaCo-founder and Partner
Erik Fossing NielsenKeynote Speaker / Advisor
N°04 / See also

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