Copenhagen-based venture capital firm Climentum Capital has launched the first €60 million close of its second fund, matching the size of its inaugural vehicle as it continues to invest in European climate hard tech startups. Targeting a final size of up to €100 million, Fund II will lead Seed and Series A investments in B2B companies developing technologies that strengthen Europe’s industrial resilience, energy security, supply chain stability, and industrial efficiency. Backed by returning investor EIFO alongside new commitments from the European Investment Fund (EIF), the Danish Society of Engineers (IDA), corporate investors, pension funds, and family offices, the fund builds on Climentum’s first exit after Studsvik...
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