Climate-KIC Acceleration Programme logo

Climate-KIC Acceleration Programme

Europe, Berlin, Germany, Berlin

Description

The Climate-KIC Acceleration Programme, known primarily as ClimAccelerator, is a leading global initiative dedicated to fostering climate innovation. Powered by EIT Climate-KIC, an integral body of the European Institute of Innovation and Technology (EIT) and thus a part of the European Union, ClimAccelerator provides comprehensive support to startups addressing the climate crisis. Its core mission is to transform promising climate change ideas into commercially viable and impactful solutions, leveraging a vast network of partners, experts, and resources across Europe and beyond. Unlike traditional venture capital firms, ClimAccelerator operates with a public mandate, focusing on impact alongside commercial success.

ClimAccelerator offers a unique blend of support, including equity-free funding, tailored coaching, and unparalleled access to a global network of climate innovators, investors, and industry leaders. The program is structured to assist startups at various stages of development, from initial ideation to validation and eventual scaling. Startups participating in the program can typically receive funding ranging from €10,000 to €100,000. This non-dilutive capital is a significant advantage, allowing founders to retain full ownership while developing their solutions and attracting further investment. The program's emphasis on coaching and network building is as crucial as the financial support, providing critical guidance for product development, market entry, and business strategy.

Over the years, EIT Climate-KIC, through initiatives like ClimAccelerator, has made a substantial impact on the climate tech ecosystem. The broader EIT Climate-KIC network has supported over 2,000 startups and projects, demonstrating its extensive reach and commitment to nurturing climate innovation. Collectively, more than €200 million in funding has been channeled into climate innovation through EIT Climate-KIC's various programs, highlighting the significant public investment in this critical sector. ClimAccelerator's approach ensures that promising climate solutions receive the necessary early-stage support to overcome initial hurdles and scale their impact globally, contributing directly to the EU's climate goals and the broader fight against climate change.

Investor Profile

Climate-KIC Acceleration Programme has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 47% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Pre Seed, Seed rounds (top funding stages).
  • Majority of deals are located in Switzerland, Germany, The Netherlands.
  • Strong thematic focus on Software, Sustainability, Chemical.
  • Typical check size: $10.8K – $108K.

Stage Focus

  • Grant (58%)
  • Pre Seed (14%)
  • Seed (11%)
  • Non Equity Assistance (8%)
  • Convertible Note (6%)
  • Product Crowdfunding (3%)

Country Focus

  • Switzerland (25%)
  • Germany (14%)
  • The Netherlands (14%)
  • United Kingdom (11%)
  • Italy (6%)
  • Latvia (6%)
  • Croatia (6%)
  • Denmark (3%)
  • Poland (3%)
  • Romania (3%)

Industry Focus

  • Software
  • Sustainability
  • Chemical
  • Cleantech
  • Internet Of Things
  • Artificial Intelligence (Ai)
  • Renewable Energy
  • Energy
  • Information Technology
  • Transportation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Climate-KIC Acceleration Programme frequently co-invest with?

Imperial College Business School
Europe, England, United Kingdom, London
Co-Investments: 1
emaze
North America, California, United States, San Jose
Co-Investments: 1
Kisskissbankbank Technologies
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Seedrs
Europe, England, United Kingdom, London
Co-Investments: 1
ESA Business Applications
Europe, Ile-de-France, France, Paris
Co-Investments: 1
B
Europe, Navarra, Spain, Pamplona
Co-Investments: 1
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1
Founderful
Europe, Zurich, Switzerland, Zürich
Co-Investments: 1
Innovation Fund Denmark
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 1
IBM
North America, New York, United States, Armonk
Co-Investments: 1

What are some of recent deals done by Climate-KIC Acceleration Programme?

LightMirror

Wroclaw, Dolnoslaskie, Poland

LightMirror develops reflective panels that bring sunlight into hospitals, reducing the need for artificial lighting and heating.

Civil EngineeringHealth CareReal Estate
Convertible NoteJan 1, 2023
Amount Raised: $53,528
Tressori Space

Bucharest, Bucuresti, Romania

Peer-to-peer fashion resale platform

E-CommerceFashionInformation TechnologySustainability
Convertible NoteOct 13, 2022
Amount Raised: $48,837
VCG.AI

Stuttgart, Baden-Wurttemberg, Germany

VCG.AI uses AI & Big Data to provide targeted circular resource use solutions to manufacturing companies

Information TechnologySoftware
Non Equity AssistanceSep 5, 2022
Enzymity

Riga, Riga, Latvia

We are building a bio-platform for true plastics circularity

BiotechnologyRecycling
GrantFeb 27, 2022
Amount Raised: $5,590
AirCare

New York, New York, United States

Data provider of global air quality, pollen and UV data you can trust - A Techstars portfolio company

Big DataCleanTechDeveloper APIsMobile AppsSoftwareSustainability
GrantDec 20, 2021
Amount Raised: $22,554
UniSieve

Zürich, Zurich, Switzerland

UniSieve is a cleantech company that provides molecular separation membrane solutions for a wide range of applications.

ChemicalCleanTechOil and GasRenewable Energy
SeedNov 4, 2020
Amount Raised: $4,576,063
NatureDots

New Delhi, Delhi, India

Creating resource-intelligent Nature-based systems and solutions integrated with DeepTech for climate-resilient sustainable future.

Artificial Intelligence (AI)Computer VisionEmbedded SystemsFarmingGreenTechImage RecognitionInternet of ThingsNatural ResourcesSoftware
GrantOct 2, 2020
Amount Raised: $6,000
UniSieve

Zürich, Zurich, Switzerland

UniSieve is a cleantech company that provides molecular separation membrane solutions for a wide range of applications.

ChemicalCleanTechOil and GasRenewable Energy
GrantSep 3, 2020
Amount Raised: $41,443
HeyCharge

Munich, Bayern, Germany

HeyCharge provides charging infrastructure, payment systems, and installation for electric vehicles.

Charging InfrastructureElectric VehicleEnergyGreen BuildingGreenTechTransportation
Pre SeedSep 1, 2020
Amount Raised: $23,845
MIRET

Zagreb, Grad Zagreb, Croatia

MIRET produces sustainable footwear by combining the strongest natural fiber.

ConsultingFashionGreen Consumer GoodsSustainability
GrantMay 25, 2020
Amount Raised: $32,705