The greenback is usually inexperienced, however within the arms of Kompas, so are kroner, euros and shekels. The agency has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy throughout its focus areas: sustainability and technological innovation within the development, actual property and manufacturing industries. The brand new fund specifically needs to take early-stage firms underneath its waxy golden wings, with test sizes starting from $1 million-$5 million.
The fund will probably be managed by companions Sebastian Peck and Talia Rafaeli, and has aspirations to again breakthrough improvements that speed up the adoption of digital expertise and industrial automation in the actual property, development and manufacturing sectors. It particularly needs to cut back waste and CO2 emissions.
The fund technique is pushed by growing regulatory stress to cut back CO2 emissions, and the rising want for a greener constructed atmosphere.
Kompas’ managers have a current previous in company VC on the automotive facet; an business that has additionally seen large shifts in its want for pastures greener. Sebastian Peck beforehand headed up the company VC arm for Jaguar Land Rover, whereas Talia Rafaeli led investments on behalf of Porsche’s VC arm in Europe and Israel.
The fund needs to discover startups that fall in considered one of three buckets:
Sensible, sustainable and wholesome properties — superior supplies, good house expertise, IoT and local weather expertise.
Enterprise mannequin and repair innovation in actual property and development — options for lifecycle asset optimisation, structure and constructing design, development strategies and bettering buyer expertise
The digital enterprise — industrial automation, digital provide chain administration, cybersecurity, enterprise software program and the round economic system.
“Tackling the existential risk of local weather change requires us to suppose otherwise how we design and construct our future cities, business buildings and residential properties,” says Sebastian Peck. “Right this moment, 39% of the worldwide CO2 is emitted by the constructing sector and 30% of the waste generated in Europe stems from development and demolition. To fulfill its environmental obligations, the sector wants to alter radically, which represents large alternative for technological innovation and new enterprise fashions,” he provides. “Our objective is to ship prime quartile monetary returns by backing founders who could have an actual impression on our business.”
“Enterprise capital performs a essential function in funding the event of breakthrough options to mitigate the local weather impression of contemporary business and underpin extra sustainable enterprise practices,” says Talia Rafaeli. “We’re extremely excited to embark on this journey, and again the formidable founders that may result in this variation.”