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€160M fund focused on industrial tech startups, backing enabling technologies for physical industries across Europe and North America Grant

••••• organisation

A climate venture fund based in Denmark

Summary

€160M venture fund backing industrial technology startups developing enabling technologies for manufacturing, energy, logistics, infrastructure, and built environment across Europe and North America. Targets deep-tech solutions including robotics, AI, advanced materials, and carbon capture for physical industries.

Summary by Raise Lens from the official notice · 14 Aug 2026Accurate?

About this grant

the funder is an early-stage venture capital firm with specialized focus on physical industries. Fund II is a €160 million fund (approximately $176 million USD) that backs founders building enabling technologies for physical industrial environments. The fund addresses the gap between what technology can enable and what industry can deploy, focusing on sectors such as manufacturing, energy, logistics, infrastructure, and the built environment. …

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Frequently asked questions

How much funding does this grant offer?
€160M fund focused on industrial tech startups, backing enabling technologies for physical industries across Europe and North America offers Up to $176M.
Who can apply for €160M fund focused on industrial tech startups, backing enabling technologies for physical industries across Europe and North America?
Eligibility covers organisations in EU, NORTH-AMERICA; startup, sme. The full eligibility conditions are part of the Pro detail.