Extantia Capital closes its €204M climate tech fund to back startups advancing sustainable solutions, focusing on early-stage investments and scaling innovations that align with economic and environmental goals.
Extantia Capital, a Berlin-based venture capital firm specializing in climate tech, has closed its flagship Article 9 fund at €204 million. The fund, backed by institutional investors such as sovereign wealth funds, pension funds, and insurance companies, targets high-impact software and hardware solutions addressing climate challenges.
Focusing on early-stage startups, Extantia invests between €1-5 million in Seed to Series A funding rounds, with a portfolio that spans over 20 innovations. Notable investments include Reverion, which is advancing reversible carbon-negative power plants, and INERATEC, a leader in e-fuel technology.
“We are on the verge of a new industrial revolution,” said Partner Sebastian Heitmann. “We partner with leaders driving mass adoption of green solutions, fueling economic growth while addressing climate issues.”
The firm manages €300 million in assets and operates two strategies: Extantia Flagship, investing directly in startups, and Extantia Allstars, supporting other climate-focused venture funds. Partner Yair Reem emphasized their hands-on approach, stating, “We focus on helping founders scale by providing support in commercialization, growth, and fundraising.”
Comments
Have a thought on this? Share it with other readers.