Extantia Capital, a enterprise capital agency devoted to local weather tech, has closed its flagship Article 9 fund at €204 million. The fund noticed assist from institutional traders, together with sovereign wealth funds, pension funds, insurance coverage firms, and household places of work.
Based in 2020, Extantia targets high-impact alternatives throughout the local weather sector, investing in each software program and {hardware} options which are poised to drive vital change. The agency concentrates on Seed to Collection A funding rounds, sometimes investing between €1-5 million in early-stage firms.
With headquarters in Berlin and a crew unfold throughout the UK, Germany, and Israel, Extantia’s funding focus stays primarily inside Europe.
“We’re on the verge of a brand new industrial revolution,” says Sebastian Heitmann, Associate at Extantia. “Trade-leading firms recognise this chance and are working to construct resilient provide chains, undertake low-carbon merchandise, and, above all, drive options that gas financial progress. That’s precisely the place we are available. We companion with true leaders who drive mass adoption with quicker, higher, and extra inexpensive options that additionally occur to be inexperienced. We are going to proceed to see this sector mature, and we’re excited to assist the subsequent section of progress.”
Extantia’s portfolio covers over 20 climate-forward improvements, with notable investments in firms like Reverion, which is creating reversible carbon-negative energy vegetation and lately secured €58 million in Collection A funding. One other standout is INERATEC, an e-fuel chief that closed over €120 million in Collection B funding, serving to scale their ‘drop-in’ e-fuel manufacturing. BeZero, a carbon rankings company, can be a part of Extantia’s portfolio, attracting follow-on funding from top-tier progress traders.
“There isn’t a affect with out scale,” says Yair Reem, Associate at Extantia. “That’s why we give attention to offering founders hands-on assist in commercialisation, organisational progress, and fundraising. As entrepreneurs and operators who’ve constructed and exited firms we perceive the place the ache factors are and work along with our founders to facilitate accelerated progress – each for deep tech and high-impact software program options.”
With roughly €300 million in property beneath administration, Extantia operates two major methods: Extantia Flagship, which invests straight in local weather tech startups, and Extantia Allstars, specializing in supporting different enterprise funds throughout the local weather sector. The agency’s investments purpose to seize near-term market alternatives whereas setting the stage for long-term business transformation.
