Berlin-based Extantia Capital, a VC firm that backs pioneers in climate, announced Wednesday that it has announced a final close of its oversubscribed Article 9 flagship fund at €204M.
The fund received backing from a global network of institutional investors, including sovereign wealth funds, pension funds, insurance companies, corporations, and family offices.
Extantia invests in software and hardware solutions that address high-impact, near-term opportunities in the climate sector.
The firm focuses on Seed to Series A rounds, with initial tickets ranging from €1-5M.
“We are on the verge of a new industrial revolution,” says Sebastian Heitmann, Partner at Extantia.
“Industry-leading companies recognise this opportunity and are working to build resilient supply chains, adopt low-carbon products, and, above all, drive solutions that fuel economic growth. That’s exactly where we come in. We partner with true leaders who drive mass adoption with faster, better, and more affordable solutions that also happen to be green. We will continue to see this sector mature, and we’re excited to support the next phase of growth,” adds Heitmann
Extantia Capital: Backing pioneers in climate
Founded in 2020, Extantia CapitalIm has investment strategies — Extantia Flagship and Extantia Allstars — are dedicated to supporting climate-focused companies and venture funds.
Currently, the firm manages approximately €300M in AuM.
Since its inception, the German company has built a strong portfolio of over 20 climate innovations.
One of the notable portfolio companies is
- Reverion – Building reversible, carbon-negative power plants that recently raised €58M in Series A funding, with over €100M in customer pre-orders collected to date.
- INERATEC – Market leader in e-fuels that recently closed over €120M in a Series B funding round to scale the production of their ‘drop-in’ e-fuels.
- BeZero – Carbon rating agency that has won the trust of blue-chip customers and is successfully raising follow-on rounds from top growth investors.
“There is no impact without scale,” says Yair Reem, Partner at Extantia.
“That’s why we focus on providing founders hands-on support in commercialisation, organisational growth, and fundraising. As entrepreneurs and operators who’ve built and exited companies we understand where the pain points are and work together with our founders to facilitate accelerated growth – both for deep tech and high-impact software solutions,” adds Reem.
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