We invest in founders and funds with a clear commitment to solving the world’s biggest social and environmental challenges.
Carbon Equity Management Team
We work with founders who are intrinsically motivated by enacting systemic change. We invest in both VC and catalytic cases.




Cyclize is on a mission to defossilize the chemical industry. The team around Maike (CEO) has developed a novel plasma reactor that converts non-recyclable plastic and CO2 into syngas, which is an essential feedstock for the production of plastics, methanol, hydrogen, or e-fuels.
Impact challenge
>90% of the raw materials used in the chemical industry are fossil fuels and the industry’s emissions trajectory is equivalent to 4°C global warming. In addition, Europe only recycles about 35% of its plastic waste. Most of the non-recyclable waste ends up in incineration plants or landfills with negative environmental impacts.
Ideal state
The chemical industry needs to replace fossil sources of carbon with carbon from biomass, waste, point-source capture (e.g., gas power plants), or direct air capture. Besides high amounts of renewable electricity, this requires substantial investments into new technologies and infrastructure to use, source, and refine enough sustainable feedstock.
Unique approach
Cyclize’s approach addresses both fossil fuel dependency and waste management needs by replacing fossil fuel-based syngas with sustainable syngas from non-recyclable plastics. Cyclize’s syngas can directly be integrated into the existing value chain of the chemical industry.
Impact KPIs
Fossil fuels displaced in kWh/MWh, recycled plastic in kg/tons, and resulting emissions reduction in CO2e
Co-Investor
UVC Partners, High-Tech Gründerfonds (HTGF), UnternehmerTUM Funding for Innovators
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Voltfang specializes in using end-of-life batteries from electric vehicles as sustainable stationary energy storage for industrial applications. Their main goal is to provide cost-effective and sustainable battery storage to support the energy transition.
Impact challenge
Energy production based on fossil fuels and waste from discarded electric car batteries.
Ideal state
A range of flexibility tools (incl. batteries) enable the integration of all intermittent renewable energy sources without losses. The lifetime of batteries is maximized to minimize resource waste.
Unique approach
Voltfang utilizes end-of-life batteries in their storage units, effectively extending the useful lifespan of these batteries.
Impact KPIs
Re-used battery storage capacity in kWh & reduced material footprint in kg/tons, and resulting reduced emissions in CO2e
Co-Investor
Forward.One, AENU, Proptech1, Helen Ventures, Eviny, Interzero




Paebbl was founded in 2021 with the mission to reduce the CO2 footprint of the cement industry. The team has developed a material that can be sold as a supplementary cementitious material (SCM) to cement producers, replacing a portion of the clinker in cement and reducing its CO2 footprint by up to 40%.
Impact challenge
The cement industry is responsible for approximately 7% of global GHG emissions and is particularly difficult to decarbonize, as two-thirds of its emissions come from chemical processes rather than energy consumption.
Ideal state
As clinker production accounts for a significant share of concrete's emissions, clinker content is minimized by incorporating alternatives such as SCMs.
Unique approach
The team has developed a mineralization technology that expedites the natural process of mineral formation from years to minutes, while sequestering CO2. The resulting silica-enriched magnesium carbonate that can be used as clinker alternative in cement.
Impact KPIs
Tons of CO2e avoided and tons of CO2e stored.
Co-Investor
Capnamic, Holcim, Climate Pledge Fund (Amazon), 2050, Pale Blue Dot, Grantham Foundation
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The Landbanking Group incentivize nature regeneration by enabling land stewards to register, monitor, and exchange assets based on a measured uplift in natural capital such as biodiversity, and water and soil quality.
Impact challenge
The loss of natural landscapes through land system change diminishes ecological functions like carbon sequestration, moisture recycling, and habitats for wildlife. In addition, the decline in the diversity, extent, and health of living organisms threatens the biosphere’s ability to co-regulate the state of the planet.
Ideal state
Humanity must preserve most of the remaining intact ecosystems and extend protected natural areas for biodiversity conservation, soil conservation, carbon storage, and freshwater regulation.
Unique approach
The Landbanking Group exists to stop and reverse nature loss. Through its platform Landler, The Landbanking Group offers a new toolset for land stewards and businesses to manage natural capital.
Impact KPIs
Ha of land restored and preserved, tons of CO2e captured
Co-Investor
Planet A Ventures, BonVenture, and 4P Capital
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UNDO is a carbon dioxide removal project developer specializing in enhanced rock weathering, a technology that locks away CO2 permanently while improving soil health and food security. UNDO spreads crushed silicate rock such as basalt on agricultural land, speeding up a natural process that would take hundreds or thousands of years to twenty years.
Impact challenge
Humanity has emitted so many greenhouse gases that limiting global warming to 1.5°C without removing carbon dioxide from the atmosphere is impossible. Carbon dioxide removal (CDR) is part of all modeled scenarios that limit global warming to 2.0°C or lower by 2100.
Ideal state
CDR needs to reach 7 to 9 Gt CO2 annually by 2050. This is equivalent to 12% to 16% of emissions in 2022. It is necessary to 1) counterbalance residual emissions for net-zero by 2050 and 2) achieve net-negative emissions after 2050.
Unique approach
Enhanced rock weathering has a mitigation potential of 2 to 4 Gt CO2 per year and a reasonable cost at scale ranging from USD 50 to 200 per ton of CO2. UNDO is a frontrunner in the sector with strong scientific expertise.
Impact KPIs
Tons of CO2 captured
Co-Investor
Lowercarbon Capital, AENU, Yes VC, and others




CleanHub is on a mission to remove non-recyclable plastic in coastal areas where plastic typically ends up in oceans or is burned at open landfills.
Impact challenge
Mismanaged non-recyclable coastal plastic waste
Ideal state
Countries have effective waste management, high recycling rates, and bans on single-use plastics. However, the high cost – 20-50% of municipal budgets in developing countries – makes that unfeasible and necessitates alternative solutions for plastic collection.
Unique approach
The company manages local waste collection partners, who collect, separate and deliver the waste to cement factories to substitute coal in energy input, and selling verified plastic credits to FMCG brands.
Impact KPIs
Tons of non-recyclable plastic certified (amount of plastic waste recovered and processed at cement factories instead of coal use) and CO2 emission mitigated in tons by substituting coal
Co-Investor
Lakestar, Übermorgen Ventures, AENU, 468, Integra Partners, Silence VC, Henkel




bcause mobilizes private capital to support organizations addressing social and ecological challenges. The team has developed an online platform that simplifies and streamlines philanthropic giving. The vision of bcause is to make “everyone a philanthropist” and increase the volume of philanthropic contributions
Impact challenge
Capital is the key bottleneck for achieving the SDGs and the UNDP estimates that the global financing gap is over 4 trillion dollars.
Ideal state
There is sufficient capital to close the financing gap and achieve the SDGs. Philanthropic funding plays a key role in unlocking and de-risking private investments.
Unique approach
The bcause platform offers foundation-as-a-service for its users.
Impact KPIs
Increase in € of philanthropic contributions per person
Co-Investor
BonVenture, IBB Ventures




Co-Power is on a mission to power European industry with decentralized energy and flexibility.
Impact challenge
A lack of energy storage to accommodate the volatility created by Europe’s growing share of renewable electricity and to displace residual fossil-based firm energy (e.g., gas power plants). Additionally, comparatively high electricity prices threaten European competitiveness.
Ideal state
The ideal state is a stable, renewable electricity system with low, internationally competitive prices.
Unique approach
Co-Power cuts energy costs by up to 50% for industrial clients by installing and operating on-site battery storage and solar PV systems – with no upfront investment or running cost. Co-Power optimizes self-consumption, reduces grid fees, and enables smart energy trading – all under a hassle-free ‘as-a-service’ model.
Impact KPIs
Flexibility provided by MW/MWh of operating assets and associated tons of CO2e avoided to move Europe toward low-cost renewable electricity and energy sovereignty.
Co-Investor
Cherry Ventures, ABACON Capital




EPYR is on a mission to enable industries to transition from fossil-based heating to clean, cost-effective, and on-demand thermal energy.
Impact challenge
Industrial heat represents around 25% of global CO2 emissions and remains one of the hardest sectors to decarbonize, with 80% still reliant on fossil fuels.
Ideal state
Fully decarbonized industrial heat at no green premium to fossil fuels, enabled by thermal energy storage (TES) systems that leverage energy flexibility.
Unique approach
EPYR combines innovation and practicality in a one-stop shop offering to facilitate TES adoption through reliability and price competitiveness.
Impact KPIs
Capacity installed in MW/MWth of operating assets and associated tons of CO2e avoided by decarbonizing industrial heat.
Co-Investor
AENU, Daphi, Ovni Capital, WEPA Ventures




Carbon Equity gives investors small-ticket access to leading climate private equity and venture capital funds.
Impact challenge
A significant global net-zero finance gap of ~USD 6tn annually between 2024 and 2030, as stated by the Climate Policy Initiative.
Ideal state
Unlocking significantly more private capital to support the most innovative companies and reduce the net-zero finance gap
Unique approach
The only investment platform for private markets built around climate investing
Impact KPIs
Companies funded (#), capital catalyzed (€), GHG emissions avoided/captured by underlying portfolio companies (CO2e)
Co-Investor
BlackFin, 4impact, 2MS Hinderer, Elemental, and additional European family offices and angels
We work with funds who lead with impact and prioritize ESG and diversity along the way.




Voyager is an early-stage impact fund investing in climate technology companies creating the foundation of a decarbonized global economy and a livable future for all.
Focus areas
Mobility, energy, materials, built environment, analytics, carbon management
Geographies
Europe, North America
Investment stages
Pre-Seed, Seed, Series A
Sample investments
Limelight Steel (lasers to decarbonize steel production), Remora (carbon capture for trucking), Arbor (carbon-negative baseload power), and more.




Visionaries Tomorrow is an early-stage industrial deep tech fund supercharging mission-driven founders working on breakthrough solutions to rebuild the fundamentals of our world's largest industries.
Focus areas
Energy, manufacturing, construction, food & agriculture, transportation
Geographies
Europe, US
Investment stages
Pre-Seed and Seed
Sample investments
Proxima Fusion (fusion energy), Cosmic Aerospace (electric aviation), Radical Dot (green chemicals), SirenOpt (manufacturing intelligence), Hestia (white hydrogen), and more.




Slate is an early growth venture firm dedicated to companies driving the climate transition forward.
Focus areas
Industry, energy, materials & circularity, agriculture, mobility & logistics, carbon removal, ecosystems
Geographies
Europe
Investment stages
Series A and Series B
Sample investments
Fairmat (carbon fiber recycling), Climate X (climate risk data), Greyparrot (AI waste analytics), and more.




Counteract is an early-stage impact fund investing in founders fostering innovation in carbon removal.
Focus areas
Carbon removal
Geographies
Global
Investment stages
Pre-Seed and Seed
Sample investments
Norma (direct air capture), ecoLocked (carbon negative concrete), Parallel Carbon (DAC and green hydrogen), and more.




Eka is an early-stage impact fund investing in founders building category-defining technology companies that positively shape the world, making it more sustainable, healthy and inclusive.
Focus areas
Sustainable Consumption & Consumer Health
Geographies
UK
Investment stages
Pre-Seed, Seed, Series A
Sample investments
Hived (zero-emissions parcel delivery), Axle (unlocking home energy flexibility), Urban Jungle (socially responsible insurance)




Revent is an early-stage fund backing founders addressing system-critical problems affecting planetary and societal health.
Focus areas
Health and wellbeing, economic empowerment, sustainable planet, the future of food
Geographies
Europe
Investment stages
Pre-Seed and Seed
Sample investments
Tomorrow (sustainable, digital banking), Magnotherm (sustainable cooling systems), Granular (clean energy trading and management), and more.




Planet A is an investment fund partnering with European green tech startups that have a significant positive impact on our planet while building scalable businesses. It is the first European VC with an in-house science team that can veto investment decisions if there is no significant positive impact.
Focus areas
Climate mitigation, waste prevention, resource efficiency, biodiversity protection
Geographies
Europe, Israel
Investment stages
Pre-Seed to Series A
Sample investments
Phlair (scalable, low-cost CO2 capture), Traceless (bio-circular and plastic-free materials), Ineratec (chemical plants to produce e-fuels), and more.