# Climentum Capital

> Climentum Capital is a VC fund in Copenhagen backing CleanTech and Energy. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Copenhagen, Denmark
- Total investments: 24
- Last investment: Jun 2026
- Lead investor: 50%
- Fund size: $176M
- Last fund: Jul 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/climentum/
- X (Twitter): https://twitter.com/climentum
- Website: https://www.climentum.com
- Facebook: https://www.facebook.com/profile.php?id=100078748283842

Climentum Capital is a VC fund in Copenhagen focused on CleanTech and Energy. Climentum Capital invest in European based Seed+ and Series A climate tech companies enabling sustainable, low-carbon and circular industries

## Contacts

5 contacts available for Climentum Capital. Shizune tracks 4 team members at Climentum Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/climentum-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.1M–$6M |
| Series A | $5M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| CleanTech | 6 | 25% |
| Energy | 5 | 21% |
| Clean Energy | 4 | 17% |
| Manufacturing | 3 | 13% |
| AgTech | 2 | 8% |

36 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 11 | 46% |
| Series A | 10 | 42% |
| Series B | 1 | 4% |
| Series C | 1 | 4% |
| Venture - Series Unknown | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 5 | 21% |
| Germany | 3 | 13% |
| Norway | 2 | 8% |
| United States | 2 | 8% |
| Spain | 1 | 4% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Doerte Hirschberg | General Partner | 4 | https://shizune.co/investors/profile/doerte-hirschberg |
| Malin Carlstrom | General Partner | 6 | https://shizune.co/investors/profile/malin-carlstrom |
| Morten Halborg | General Partner | 1 | https://shizune.co/investors/profile/morten-halborg |
| Stefan Mård | General Partner | 1 | https://shizune.co/investors/profile/stefan-m%C3%A5rd |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Eqon | Eqon is a technology company specialising in intelligent control systems for electrical heating, with a primary focus on reducing energy consumption and costs. | $6M | Seed | Jun 24, 2026 |  |
| Nature Robots | Nature Robots develops modular autonomy software and hardware for AI-powered, GNSS-independent autonomous farming in complex environments like forests, vineyards, and regenerative farms. Their Lero robots perform tasks such as weeding, seeding, and monitoring with 3D mapping and automatic tool changes. Nature Robots’ solutions enable profitable,sustainable, and bio-intensive agriculture, supporting biodiversity, soil health, and small-scale farming through robust, long-term autonomous navigation and plant monitoring | $4.6M | Seed | Mar 30, 2026 |  |
| One.Five | A biotech platform to scale applied material science. | $16.3M | Series A | Jan 19, 2026 |  |
| Rail-Flow | Rail-Flow provides purchase and tender management, rail offer management, intermodal transportation management, intermodal capacity brokers, transport management, and automatic order entry. Their customers contact them through phone, email, and online applications. | $14.6M | Series A | Dec 03, 2025 |  |
| Enerin | Enerin AS focuses on energy tech, reducing costs with heating and cooling systems for industrial use. | $17.6M | Series A | Nov 26, 2025 |  |
| Novatron | Novatron develops a new proprietary fusion power concept together with physicists, engineers, and academia. | $10.9M | Series A | Mar 19, 2025 |  |
| Scale Energy | Scale Energy develops Europe´s largest decentralized network of energy storage | $2.1M | Seed | Feb 20, 2025 |  |
| Qvantum | Qvantum is a comprehensive supplier of innovative and efficient energy solutions. | $96.2M | Series C | Jan 07, 2025 |  |
| Entocycle | Entocycle is developing the world’s most efficient and sustainable way to produce protein. The rainforests and savannahs of South America are being destroyed at shocking rates in order to grow crops such as soy to feed farm animals. Using insects to feed livestock requires significantly less land and water compared to soy whilst being a naturalpart of the diet for many animals including fish, chickens and pigs. Their technology is significantly more efficient at producing protein than traditional methods of production as their insects are vertically farmed and not restricted to floor space or area. Thanks to their automated system they can produce at industrial scale and offer farmers a cost-effective and sustainable alternative to soymeal and fishmeal. | $2.6M | Venture - Series Unknown | Jul 18, 2024 |  |
| ecoLocked | ecoLocked is turning buildings into carbon sinks! We convert captured carbon from local biomass residues into functional, carbon-negative construction materials. Our products permanently store CO2 in the built environment, reduce the need for fossil raw materials, and deliver targeted functionalities such as thermal insulation, durability, orcuring time reduction.  Thereby, we combine carbon storage and utilization and create a self-sustaining CDR business case | $4.3M | Seed | Jun 03, 2024 |  |

10 of 24 investments shown.

## Co-investors
- [Industrifonden](https://shizune.co/investors/profile/industrifonden) — VC Fund, 4 deals together
- [GGF](https://shizune.co/investors/profile/green-generation-fund) — VC Fund, 3 deals together
- [Teampact ventures](https://shizune.co/investors/profile/teampact-ventures) — VC Fund, 3 deals together
- [Axon Partners Group](https://shizune.co/investors/profile/axon-partners-group) — VC Fund, 2 deals together
- [Chalmers Ventures AB](https://shizune.co/investors/profile/chalmers-ventures) — VC Fund, 2 deals together
- [DIG Investment](https://shizune.co/investors/profile/dig-investment) — VC Fund, 2 deals together

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## FAQ

### What does Climentum Capital invest in?

Climentum Capital invests primarily in CleanTech, Energy and Clean Energy startups, most often at Seed and Series A stage. Most of the 24 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Climentum Capital's check size?

Climentum Capital typically joins rounds of $2.1M–$6M at Seed and $5M–$16M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Climentum Capital participates in.

### How do I contact Climentum Capital?

Public channels for Climentum Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Climentum Capital?

The team at Climentum Capital includes Doerte Hirschberg (General Partner), Malin Carlstrom (General Partner) and Morten Halborg (General Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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