AENU

AENU is a Berlin-based impact venture capital firm founded in 2021 by brothers Fabian and Ferry Heilemann. The firm invests in early-stage climate technology and social impact companies in Europe, focusing on Seed and Series A rounds with initial checks from €500,000 to €5 million and follow-on capacity of up to €10 million. AENU closed its first fund at €170 million in September 2024 and has since deployed capital into 46 companies. The firm is B Corp certified and operates a proprietary Systemic Impact Framework, through which it embeds measurable climate and social performance requirements directly into portfolio company operations and governance, not as an add-on but as a condition of partnership. Investment themes span energy transition (energy production, storage, and distribution), carbon removal and circularity, food and agritech (including regenerative farming and alternative proteins), enabling technologies such as carbon markets and mobility software, and social impact in inclusive education and economic empowerment. Across the portfolio, the majority of companies target direct CO2 reduction or removal as their core climate impact KPI. Notable portfolio outcomes include one unicorn, one IPO, and four acquisitions. AENU is a frequent co-investor with Planet First Partners, Pale Blue Dot, and SET Ventures. Beyond its original investments in Aerovolt, Circuly, reNature, and Sylvera, the firm's portfolio includes Monta, Hometree, Tesvolt, Alcemy, Trawa, Agreena, Ocell, Dance, and Beagle Systems.