Portfolio
8
companies
Altruistiq
Altruistiq provides sustainability and carbon accounting software for large enterprises.
Ankar
Ankar builds an artificial intelligence operating system for corporate innovation and patent protection.
BeZero Carbon
BeZero Carbon operates a ratings agency that evaluates carbon offset projects.
Collectiv Food
Collectiv Food provides a next generation B2B food supply service for professional kitchens.
Granular Energy
Granular Energy develops software to improve transparency and tracking in the green energy sector.
Material Evolution
Material Evolution produces low-carbon cement from industrial waste streams.
Alexander Danielsson
Investment Director
Agate Freimane
General Partner
Agate brings venture capital, alternative investments, and investment banking experience from Morgan Stanley, BrickVest, and Norrsken VC.
LinkedInDavid Frykman
General Partner
The financing will support manufacturing expansion and commercial launch preparation ahead of clinical trials.
"For decades, continuous monitoring has been held back by the same legacy technology. This is about to change. We’re thrilled to be partnering with Ascensia, a global powerhouse in the space, to deliver, as a first step, something radically better to millions of people with diabetes,"
The Series A round was led by Atomico with participation from Index Ventures, Norrsken VC and Daphni.
"Invention is how we solve humanity’s biggest challenges, yet the systems that protect those ideas are decades out of date. AI will redefine how global organisations innovate over the next five years, turning IP from a cost centre into a growth driver. The companies that adopt Ankar now will shape the future of innovation."
The London healthtech startup secured backing from Balderton and Pentland to scale manufacturing and regulatory pathways for its continuous glucose monitor.
"During their time at Imperial, they worked in one of the pioneering research groups that invented modern glucose strip technology. Their combined expertise in electrochemistry, biosensing, and medical device engineering laid the foundation for Sava’s next-generation biosensor platform."
The financing comprises £13m in equity and a £100m debt facility from Crédit Agricole CIB.
"Sunsave was founded in 2022 with a mission to make solar and battery storage accessible to all UK households. Since launch, our £0 upfront subscription has seen rapid adoption, helping homes save hundreds of pounds on their energy bills and make a real difference to their finances. This £113M fundraise is a significant milestone in our journey – it will let us meet rapidly growing demand, launch new products, and give customers peace of mind that we’ll be here to support them for the long term."
Norrsken led the seed round alongside IPGL, Plug and Play, and notable angel investors.
"We’re demonstrating to UK consumers that being green doesn’t have to be a choice between doing what’s right for the environment or doing what’s best for your pocket. With Sunsave’s solar subscription you can go green and save money immediately. With energy prices expected to remain elevated for the foreseeable future, this is more important than ever."
