Climentum Capital raises EUR 60 million in first closing of Fund II

Nordics and Germany-based Climentum Capital announces the first close of Fund II, securing EUR 60 million with investments from i.a. the Export an Investment Fund of Denmark (EIFO), the European Investment Fund (EIF), and the Danish Society of Engineers (IDA).

Climentum Capital invests in early-stage hard tech companies across Europe with strong technologies and capabilities. With teams based across the Nordics and Germany, the investment focus is on Seed and Series A companies addressing energy security, industrial efficiency, and supply chain sovereignty, and supporting Europe’s industrial resilience, sustainability, and competitiveness.

Fund II targets up to EUR 100 million and continues to back hard tech that strengthens industrial resilience and competitiveness across energy security, supply chain stability, and industrial efficiency.

Mazanti Transactions has advised long-term client Climentum Capital throughout the entire process, from the initial planning of fund structure, scope, and setup to the successful first closing.