VitaminºC Closes €18M Climate Fund, Countering Sector Decline with Strategic Investments
By Satoshi Itamoto • 2026-03-24T09:00:31.317064
The venture capital landscape is witnessing a significant shift with the emergence of VitaminºC, a female-led early-stage VC firm that has announced the first close of its €18 million debut climate fund. This development comes at a time when the sector is experiencing a decline in funding, with many generalist funds deprioritizing climate investments. VitaminºC's strategic move is backed by European entrepreneurial families and supported by successful ClimateTech founders and experts, underscoring the firm's commitment to rewiring climate venture capital.
The context of this investment is crucial, as the first generation of climate technologies, such as wind and solar, has become cheaper than fossil fuels. However, around 30% of the technologies needed to cut emissions faster are still pre-commercial, presenting a significant opportunity for investment. VitaminºC's founding partners, Nathalie Moral and Sophie Lamparter, bring a wealth of experience in climate mitigation and human adaptation, having worked with ClimateTech unicorn Climeworks and supported European DeepTech companies in their growth.
The firm's investment strategy is focused on key climate levers, including energy, food and agriculture, carbon removal, and human adaptation. With an investment range of €0.5–€1.5 million at pre-Seed and Seed stages, VitaminºC aims to support startups that can cut or eliminate at least 100,000 tons of CO₂ or improve the resilience of 100,000 people within five years. The firm's first investment in Satellites on Fire, an Argentine-U.S. startup utilizing AI and satellite data to detect and prevent wildfires, highlights the significance of strategic investments in climate mitigation and adaptation.
For everyday users, this could mean access to more sustainable and resilient technologies, ultimately contributing to a reduction in emissions and improved environmental outcomes. From an industry perspective, VitaminºC's investment strategy could reshape how climate technologies are developed and scaled, with a focus on economic infrastructure and solid fundamentals. As the world moves toward 2°C warming, demand for scalable mitigation and adaptation technologies is accelerating, and VitaminºC is well-positioned to capitalize on this trend.
The implications extend beyond the climate sector, as VitaminºC's approach could influence how venture capital firms invest in emerging technologies. With only about 10% of global venture capital currently allocated to climate and energy transition technologies, the firm's strategic investments could help address the significant investment gap in the sector. As climate solutions become essential economic infrastructure, VitaminºC's commitment to rewiring climate venture capital could have far-reaching consequences for the industry and the environment.
In conclusion, VitaminºC's debut climate fund is a significant development in the venture capital landscape, countering the sector's decline with strategic investments in climate mitigation and adaptation. With a focus on key climate levers and a commitment to supporting startups with solid fundamentals, the firm is well-positioned to capitalize on the growing demand for scalable mitigation and adaptation technologies. As the world navigates the challenges of climate change, VitaminºC's approach could have a lasting impact on the industry and the environment.
The firm's unique position as a strategic bridge between Europe and Silicon Valley, blending European impact investing with US scaling expertise, could also facilitate the growth of global companies in the climate sector. By introducing founders to their first US customers, hires, and investors, VitaminºC can help European startups expand globally, while also supporting American founders in navigating Europe's stable regulatory environment. This bridge could work both ways, with VitaminºC's expertise and network facilitating the growth of climate technologies on both sides of the Atlantic.
Ultimately, VitaminºC's debut climate fund is a testament to the firm's commitment to rewiring climate venture capital and supporting the development of scalable mitigation and adaptation technologies. As the world continues to grapple with the challenges of climate change, the firm's strategic investments could have a lasting impact on the industry and the environment, contributing to a more sustainable and resilient future for all.
The context of this investment is crucial, as the first generation of climate technologies, such as wind and solar, has become cheaper than fossil fuels. However, around 30% of the technologies needed to cut emissions faster are still pre-commercial, presenting a significant opportunity for investment. VitaminºC's founding partners, Nathalie Moral and Sophie Lamparter, bring a wealth of experience in climate mitigation and human adaptation, having worked with ClimateTech unicorn Climeworks and supported European DeepTech companies in their growth.
The firm's investment strategy is focused on key climate levers, including energy, food and agriculture, carbon removal, and human adaptation. With an investment range of €0.5–€1.5 million at pre-Seed and Seed stages, VitaminºC aims to support startups that can cut or eliminate at least 100,000 tons of CO₂ or improve the resilience of 100,000 people within five years. The firm's first investment in Satellites on Fire, an Argentine-U.S. startup utilizing AI and satellite data to detect and prevent wildfires, highlights the significance of strategic investments in climate mitigation and adaptation.
For everyday users, this could mean access to more sustainable and resilient technologies, ultimately contributing to a reduction in emissions and improved environmental outcomes. From an industry perspective, VitaminºC's investment strategy could reshape how climate technologies are developed and scaled, with a focus on economic infrastructure and solid fundamentals. As the world moves toward 2°C warming, demand for scalable mitigation and adaptation technologies is accelerating, and VitaminºC is well-positioned to capitalize on this trend.
The implications extend beyond the climate sector, as VitaminºC's approach could influence how venture capital firms invest in emerging technologies. With only about 10% of global venture capital currently allocated to climate and energy transition technologies, the firm's strategic investments could help address the significant investment gap in the sector. As climate solutions become essential economic infrastructure, VitaminºC's commitment to rewiring climate venture capital could have far-reaching consequences for the industry and the environment.
In conclusion, VitaminºC's debut climate fund is a significant development in the venture capital landscape, countering the sector's decline with strategic investments in climate mitigation and adaptation. With a focus on key climate levers and a commitment to supporting startups with solid fundamentals, the firm is well-positioned to capitalize on the growing demand for scalable mitigation and adaptation technologies. As the world navigates the challenges of climate change, VitaminºC's approach could have a lasting impact on the industry and the environment.
The firm's unique position as a strategic bridge between Europe and Silicon Valley, blending European impact investing with US scaling expertise, could also facilitate the growth of global companies in the climate sector. By introducing founders to their first US customers, hires, and investors, VitaminºC can help European startups expand globally, while also supporting American founders in navigating Europe's stable regulatory environment. This bridge could work both ways, with VitaminºC's expertise and network facilitating the growth of climate technologies on both sides of the Atlantic.
Ultimately, VitaminºC's debut climate fund is a testament to the firm's commitment to rewiring climate venture capital and supporting the development of scalable mitigation and adaptation technologies. As the world continues to grapple with the challenges of climate change, the firm's strategic investments could have a lasting impact on the industry and the environment, contributing to a more sustainable and resilient future for all.