Climentum Capital

Climentum Capital is a Copenhagen-based seed and Series A venture capital firm focused exclusively on climate technology companies in the Nordic region and Northern Europe, backing early-stage companies developing solutions to reduce greenhouse gas emissions in energy, transport, industry, and agriculture. The firm was founded by experienced Nordic investors and operators with deep knowledge of the Scandinavian climate technology ecosystem, which benefits from strong engineering universities, ambitious national carbon neutrality targets, and mature renewable energy sectors. Climentum invests with initial checks from EUR 1 million to EUR 5 million, often leading rounds in companies commercializing breakthrough technologies developed in Nordic research institutions. Portfolio companies include Arda Renewables, a renewable energy infrastructure developer; GreenOcean Technologies, focused on maritime decarbonization; Norsepower, the Finnish company developing rotor sail technology for maritime fuel efficiency; and Volta Trucks, the Swedish electric truck manufacturer. Beyond its original investments in Arda Renewables, GreenOcean, Norsepower, and Volta, the portfolio includes additional Nordic climate technology companies.