Climentum Capital

What they do

Climentum Capital is a Copenhagen-based venture firm dedicated to "hard tech" solutions for the climate crisis. Unlike many generalist climate funds that favor software, Climentum explicitly targets industrial hardware and deep-tech innovations-areas often considered capital-intensive but essential for real decarbonization. They are one of the first European funds to operate with a "dual carry" structure, meaning the general partners' financial upside (carried interest) is directly tied to achieving specific CO2 reduction targets. The firm focuses on the Nordics and DACH regions, backing companies that can transform high-emitting industries like energy, manufacturing, and waste management.

What they look for

Their core thesis is "Backing hard tech for a new Europe." They believe that to solve the climate crisis, capital must flow into physical technologies (hardware, chemistry, deep tech) rather than just digital solutions. They target "un-hyped" sectors where emissions are highest but innovation is underfunded.

Stage

Seed, Series A, Series B+

Sectors

Climate, Food and agriculture, Proptech

Based

Copenhagen, DK