The fund targets companies spanning energy, AI, circular manufacturing, CO₂e reduction, and sustainable food systems.
The Footprint Firm has completed the final closing of Footprint Fund I, an Article 9 €76 million venture fund. The fund focuses on early-stage deeptech companies in the green transition in Northern Europe.
Footprint Fund I is the first fund in The Footprint Firm’s venture platform and has already invested in 20 startups, including Reel Energy, Kvasir Technologies, Nordic Salt Cycle, FoodOp, and Rock Flour Company. Footprint Fund I invests in areas such as biotechnology, energy, AI and climate technology, circular manufacturing, the built environment, CO₂e reduction, and food systems.
The fund is supported by The Footprint Firm’s team of 45 specialists, who work actively with the portfolio companies in areas including commercialisation, regulation, scientific validation, scaling, and partnerships. “The synergies between our advisory business and The Footprint Fund I are already visible.
“Our business model allows us to invest significantly more hours and expertise into all investment stages than the traditional VC-setup. That is exactly what is needed in the sustainable innovation space, which adds deep environmental, regulatory and transformational requirements to the classic investor toolbox. We are confident that that’s the way to ensure both vital impact and healthy returns”, adds co-founding Partner Christian Sparrevohn.
The fund is backed by a group of leading Danish institutional investors and family offices, including North-East Family Office, EIFO, Realdania, Chr. Augustinus Fabrikker, TryghedsGruppen, Lauritzen Fonden, Nordea-fonden, Novo Holdings, and Velliv Foreningen.
The fund invests in early-stage companies that address key sustainability challenges while also having the potential for competitive financial returns.
The completion of the fundraising marks an important milestone in The Footprint Firm’s development as an investment platform.
“The closing of Footprint Fund I reflects a strong alignment with investors who value disciplined investing, deep sustainability expertise and long-term partnership. The dialogues we’ve had throughout the fundraising process have helped sharpen both our platform and our ambitions. This positions us well as we continue to scale our investment activities and prepare for future funds built on the same integrated model” said Jakob Mathias Wichmann, co-founding partner and Managing Partner of the Footprint Fund.
“With Footprint Fund I, we are doubling down on our mission to accelerate what is necessary,” said Anna Søndergaard, co-founding Partner and CEO at The Footprint Firm.
“The future worth building will not arrive by chance; it must be ventured into. Europe has the talent, research depth, and industrial base needed to build category-defining climate solutions, and we want to contribute to the success of these teams with funding, ecosystem support and our expertise and network.”