Pale Blue Dot is a venture capital firm that backed Tangible's seed round.
Portfolio
2
companies
Tangible
Tangible builds financial infrastructure to help hardtech companies access debt capital.
Climate X
Climate X delivers data analytics that project and price climate risks for physical assets.
Heidi Lindvall
General Partner
Heidi is a general partner at Pale Blue Dot, investing in European pre-seed and seed startups. She also serves as a board member for several companies.
LinkedInHampus Jakobson
General Partner
The seed round was led by Pale Blue Dot to fund team expansion and product automation.
"It is clear that most of the innovations shaping the future – from vehicles and data centres to robotics – are fundamentally physical. And, to enable efficient innovation they should not be financed by venture equity alone."
CommerzVentures and A/O PropTech led the seed financing to support product expansion and service growing customer demand.
"Accurately quantifying exposure to climate risk is now an economic, statutory, and moral necessity. Without concerted action, extreme weather events have the potential to cost trillions of dollars to the global economy. The built world will bear the brunt of this. Climate X’s platform gives a range of actors across many industries the tools they need to understand, assess, predict and report the exposure of their physical assets to ecological challenges – and in doing so enable them to start planning and investing accordingly to reduce future losses and pain."
Pale Blue Dot led the oversubscribed pre-seed round for the London-based climate risk startup.
"Lukky and Kamil are two amazing founders with the domain expertise that we believe is necessary to win in this market. We are very excited to join them on this journey and see Climate X introduced to the world,"