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InvestorVerified

Northbeam Ventures

Climate · Series A · Copenhagen

Industrial decarbonization fund.

We invest in industrial decarbonization across Europe at Series A.

Who you’ll meet

MS
Mette Sørensen
GP — ex-Ørsted M&A
LB
Lukas Brandt
GP — PhD process engineering

How much they deploy

€120M Fund I
Fund
€30M / yr pace
Pace
$10M lifetime per company
Max per company

Where the money goes

By sector
Industrial heat40%
Steel & materials33%
Logistics & cold chain27%
By stage
Series A — first check64%
Series B — follow-on36%

Portfolio

4 companies
HeatVault
Thermal storage
Series A 2026
Active
On Cofounder for Startups
Ferroline
Green steel QA
Series A 2025
Marked up 1.8×
Off-platform
Voltra
Fleet charging
Series B 2025
Active
On Cofounder for Startups
ColdChain Zero
Cold logistics
Series A 2024
Active
Off-platform

How they work

DAY 0
Intro call
45 minutes with a GP
WEEK 1–2
Site & tech review
Ops bench visits the pilot
WEEK 3
Partner call
Full partnership, model review
WEEK 4
Decision
Term sheet or a written pass

What they pass on

Software-only carbon accountingConsumer climate appsPre-pilot hardware — needs a working lineRounds below $1M

Who they co-invest with

Pale Blue VenturesVoltfront SyndicateNordic pension co-investors

References

“The 100-day ops bench is real — they embedded an engineer who unblocked our pilot line.”

Founder, HeatVault

At a glance
€120M
aum
✓ Verified
4/yr
pace
✓ Verified
17
deals
✓ Verified
What's verified
Fund registrationVerified
Check size declarationVerified
Track recordSpot-checked
Founder referencesAfter match
Activity
Active this week
1 investment this quarter