Pale blue dot Closes Second Fund, at €93M

Pale blue dot

Pale blue dot, a Malmö, Sweden-based climate tech venture capital firm, closed its second fund, at €93m.

The firm invests in founders building climate tech companies across Europe and USA involved in reducing carbon emissions, and reversing the climate crisis.

The firm leads or co-leads seed and pre-seed rounds of startups with a ticket size ranging from €500k – €1.5M.

The first fund, which is still active, amounted to €87m. The portfolio includes AgroLeague, Amini, BettaF!sh, Cirplus, Climate X, Ember, Green-Got, Hack Your Closet, Hier Foods, HIVED, Improvin’, Infyos, VEAT, JaroFleet, Monta, Overstory, Patch, Phytoform, Pivotal, SnoFox Sciences, and Sphere.

General Partners include Heidi Lindvall, Joel Larsson and Hampus Jakobsson.

FinSMEs

11/05/2023