Climentum Capital, the European VC that’s funding the next climate tech founders

The team is distributed across Europe’s top climate tech hubs: Berlin, Copenhagen and Stockholm. 

Climentum Capital invests in European startups that can cut down megatons of CO2 equivalents in a concrete and measurable way.

The fund targets late Seed and Series A investments into the six sectors that demonstrate the largest CO2 reduction potential, such as NextGen Renewables, Food & Agriculture, Industry & Manufacturing, Buildings & Architecture, Transportation & Mobility, Waste & Materials.

With initial ticket sizes ranging between 1 and 5 million euros, Climentum is building a portfolio of 25 companies and keeps 50% in reserve capital to continue backing its winners.

According to the official data on the website, the fund has a double incentives structure, with carry indexed on both CO2 reduction 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 carbon reduction potential.