Invest-NL invests in climate-first fund Extantia Capital

The unique strategy and approach of Extantia, coupled with its already strong relationships in the Netherlands, have prompted Invest-NL to align with this fund. With an investment of €10 million, Invest-NL underscores its mission to contribute to a sustainable future and strengthen the Dutch high-tech sector.

Ruud Zandvliet, principal Energy at Invest-NL, states: “Our commitment to Extantia aligns with our strategic objective to realise financing for capital intensive and impactful ventures. Extantia’s scientifically grounded approach to assessing impact ventures, coupled with robust operational support, will strengthen the Dutch investment landscape. We are enthusiastic about Extantia's potential to broaden the range of funding opportunities for hardware-based ventures in the Netherlands.”

Sebastian Heitmann, partner at Extantia, adds: “We really enjoy working with value-add investors and believe that Invest-NL’s very progressive mandate is an example to follow,” says Sebastian Heitmann, Partner at Extantia. “The collaboration has been off to a good start and we see plenty of opportunities to work with Dutch entrepreneurs. Building on the strong high tech foundation in this region, we are excited to back the next generation of founders developing sustainable infrastructures.”

For example, Extantia conducts a thorough Carbon Math assessment prior to any investment to ensure a significant and timely contribution to carbon reduction and incorporates impact goals into the fund manager's compensation. The firm also employs a comprehensive methodology to verify that new technologies “do no harm” and avoid negative impacts on the environment and society. Areas of primary interest are energy, industrial processes, buildings, transportation, and carbon removal technologies.