Berlin VC Invests Big in Green Innovation
Extantia is a venture capital firm backing pioneers in climate. © Extantia
According to a recent article on EU-Startups, Berlin-based Extantia Capital has successfully closed its flagship fund with €204 million, signaling strong investor confidence in climate technology solutions. The venture capital firm, founded in 2020, is strategically positioning itself at the forefront of sustainable innovation.
Targeting seed to Series A funding rounds, Extantia invests between €1-5 million in early-stage companies developing critical climate solutions. With a team spread across the UK, Germany, and Israel, the firm focuses primarily on European climate tech startups.
The fund has already demonstrated impressive potential through investments in groundbreaking companies. Notable portfolio investments include Reverion, developing carbon-negative power plants, and INERATEC, a leader in e-fuel production that recently secured over €120 million in Series B funding.
"There is no impact without scale," says Yair Reem, Partner at Extantia, emphasizing their commitment to supporting founders through commercialization, organizational growth, and fundraising strategies.
With approximately €300 million in assets under management, Extantia operates two primary investment strategies: directly investing in climate tech startups and supporting other venture funds within the sector.
The firm's approach reflects a growing recognition of climate technology's potential to drive economic growth while addressing environmental challenges, positioning Extantia as a key player in the sustainable innovation ecosystem.
