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Investing in champions of decarbonization

We invest in European early-stage companies that cut emissions at the core of industry

 
 

Meet the General Partners

  • Malin Carlstrom

    Malin Carlström 🇸🇪

    General Partner
    Stockholm

  • Dörte Hirschberg

    Dörte Hirschberg 🇩🇪

    General Partner
    Berlin

  • Morten Halborg

    Morten Halborg 🇩🇰

    General Partner
    Copenhagen

  • Stefan Mård

    Stefan Mård 🇩🇰

    General Partner
    Copenhagen

Our Investments

About the fund

Investment thesis

Climate change mitigation requires industrial transformation with investments in hardware and deep-tech solutions, as well as in software solutions. We primarily focus on hardware & deep-tech solutions augmented by software, which we refer to as hard-tech.

We focus on on high-impact European hard-tech companies addressing the six sectors that demonstrate the largest CO2 emission reduction potential (see below).

We invest across Europe. With offices in Stockholm and Copenhagen we have a particular focus on the Nordics, known for leadership in sustainable industry and climate tech. With our office in Berlin we also have a special focus on DACH (esp. Germany), home to the industrial powerhouse of Europe with a growing appetite for change.

We invest primarily in Seed and Series A with initial investments of €1-5m. We take both lead and follower roles in investment consortia.

True climate impact

The fund has a double incentives structure, with carry indexed on both CO2 emissions reductions and financial returns.

As one of the first venture capital funds with a double carry structure, Climentum is dedicated from day one to evaluate and only invest in companies that hold true CO2 emissions reduction potential.

Progressive team culture

Climentum is set up as a digital and remote-first organisation.

The team is based in some of Europe’s strongest climate tech hubs: Berlin, Copenhagen, Stockholm and Oslo.

With a partner group consisting of two women and two men, Climentum is a highly gender-balanced VC organization.