Climentum Capital raises €60M first close for second climate tech fund backed by EIF and Danish investors
By
Cate Lawrence
Summary
Danish climate tech VC firm Climentum Capital has secured €60 million in a first close for its second fund, backed by the European Investment Fund (EIF), Denmark's EIFO, and the Danish Society of Engineers (IDA). The fund targets early-stage climate technology startups across Europe, focusing on hard tech companies that strengthen industrial resilience and sustainability. The article highlights the need for patient, long-term capital to support climate technologies before they become commercially viable.
Source
bskyClimentum Capital raises €60M first close for second climate tech fund backed by EIF and Danish investorstech.euKey quotes
· 3 pulledClimentum Capital has raised €60 million in a first close for its second climate tech fund, backed by the European Investment Fund (EIF), Denmark's export and investment fund EIFO, and the Danish Society of Engineers (IDA)
Developing new climate technologies requires patient, long-term investors willing to support companies long before they become commercially established.
Climentum Capital backs hard tech companies that strengthen Europe's industrial resilience, sustainability
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