Climate Fund Managers (CFM) is a venture capital fund specializing in climate finance. Founded in 2015 and based in the Netherlands, CFM invests in early and mid-stage companies in renewable energy, water, and sanitation, with notable investments in Konexa and Release. A joint venture between the Dutch development bank FMO and Sanlam InfraWorks, CFM operates across Africa, Asia, and Latin America. They are currently raising their third fund for renewable energy projects and preparing a fourth fund focused on green hydrogen.