Copenhagen-based KOMPAS VC closes €150M Fund II to back startups that enhance industrial sustainability

Copenhagen-based KOMPAS VC, a specialist early-stage venture capital firm, announces a €150M closing of its second fund — Fund II.

The fund was backed by renowned LPs who have returned after Fund I to double down on KOMPAS.

Andreas Winter-Extra, Partner at KOMPAS VC, says, “Technological advances can create more sustainable products, services, and business models. Innovation is essential to striking the delicate balance between economic prosperity and reducing the harmful externalities that threaten our future.”    

Fund utilisation

With its new fund, the Danish VC will invest in up to 25 companies that build industrial technology solutions to reduce emissions, increase productivity, and guard enterprises against global risks. 

Additionally, with Fund II, the VC will expand its investment team and add operational expertise to add value across the growing portfolio.

The team is also growing its investment and platform teams, adding additional manufacturing expertise.

The VC has already invested in various companies such as:

• Prewave – Global supplier risk management solution)
• Makersite – AI platform to optimise product design and supply chain choices
• Again – Green chemical company turning CO2 into acetate and other base chemicals
• Ecowork -, Serial renovation platform to deliver building retrofits at scale
• Findable – AI platform to automate property management

KOMPAS VC’s investment thesis centres on productivity, resilience, and decarbonisation.

Geopolitical instability introduces risks, such as supply chain disruptions and cybersecurity threats, making strong planning and infrastructure essential.

As a result, the Danish VC partners, with experience from three of Europe’s largest manufacturers, actively seek innovations across Europe, the US, and Israel.

“We are witnessing a global shift in the geopolitical and regulatory order across continents, which has created significant vulnerabilities and increased the pressure to innovate”, says Talia Rafaeli, Partner at KOMPAS VC.

“To build the resilience our industrial partners will need in the coming years, they must harness today’s breakthrough opportunities in artificial intelligence, robotics, material science, and synthetic biology. This will allow them to manage risks better and improve their productivity growth, improving their decarbonisation profile. We have the capital and risk appetite to back ambitious founders who develop these much-needed industry solutions, and help them scale,” adds Rafaeli.

KOMPAS VC: Specialist early-stage VC

KOMPAS VC is a specialist early-stage venture capital firm with offices in Amsterdam, Barcelona, Berlin, and Copenhagen

The VC backs technologies that accelerate decarbonisation and productivity growth and guard enterprises against global risks.

“We are focused on the application layer of industrial tech. With Fund II, KOMPAS VC is doubling down on its strategy to work closely with industry partners to identify the most promising technology solutions for the manufacturing industry and the built environment and to support founders with capital and unrivalled industry access,” says Sebastian Peck, Partner at KOMPAS VC.

The KOMPAS VC team helps founders with its wide industry connections and expertise.

They aim to combine sustainable investment practices with strong financial returns, promoting a shift toward a more sustainable and resilient industrial model.

“The insights we derive from our industry network provide important impulses for our investment selection and help us understand when new technologies are ready for adoption. This gives us a real edge in the market,” adds Peck.