Satgana, a climate-tech venture capital firm, has successfully closed its first fund at €8 million ($8.6 million), targeting up to 30 early-stage startups in Africa and Europe. Led by founder Romain Diaz, the firm secured commitments from notable investors, including Maurice Lévy of Publicis Groupe and Thibaud Hug de Larauze, co-founder of Back Market. Despite challenges in fundraising, Satgana plans to focus on investing in climate change mitigation and resilience-building startups, particularly in mobility, food and agriculture, energy, industry, and the circular economy sectors.