Pale blue dot

Pale Blue Dot is a venture capital firm established in 2020 and located in Malmö, Sweden. The firm focuses on investing in early-stage startups that are developing innovative and sustainable solutions to address global challenges, particularly in the areas of climate change. Pale Blue Dot targets pre-seed, seed, and early-stage companies operating in various sectors, including energy, food and agriculture, transportation, and materials. Committed to impact investing, the firm primarily seeks opportunities in the B2B, information technology, and climate technology sectors across the United States and Europe.

Joel Larsson

General Partner

Heidi Lindvall

General Partner

50 past transactions

Maiven

Seed Round in 2025
Maiven is an artificial intelligence-powered startup that helps businesses negotiate complex climate policies.

Podero

Seed Round in 2025
Podero develops a clean energy platform focused on managing energy devices such as batteries, electric vehicles, and heat pumps. By leveraging trade algorithms, software automation, and machine learning, Podero aims to optimize energy use, thereby reducing CO2 emissions and enabling utilities to generate new revenue streams. The platform facilitates the coordination of a vast fleet of devices, directing their operations according to trading systems and integrating seamlessly with utility applications and customer support systems. This approach not only helps utilities but also allows consumers to lower their electricity bills by shifting energy usage to more economical and sustainable times.

Nala Earth

Seed Round in 2025
Nala Earth provides data and tools that enable businesses to better understand and connect with the natural world.

Atlas.co

Pre Seed Round in 2024
Your all-in-one map builder

Atlas

Pre Seed Round in 2024
Atlas is an all-in-one platform for creating, collaborating on, and sharing custom maps and performing geospatial analysis.

Paebbl

Series A in 2024
Paebbl is a carbon storage company founded in 2021 by Pol Knops, Jane Walerud, Marta Sjögren, and Andreas Saari. The company focuses on capturing carbon dioxide from industrial facilities or directly from the atmosphere to produce carbon-negative building materials. By specializing in carbon dioxide mineralization, Paebbl significantly accelerates this process while minimizing energy consumption. This innovative approach enables the development of sustainable construction materials, addressing the construction sector's substantial contribution to global carbon emissions, which accounts for 38% of the total. Through its efforts, Paebbl aims to provide clients with eco-friendly raw materials that help combat climate change.

Brineworks

Seed Round in 2024
Brineworks' saltwater electrolyser's high-efficiency design allows for industry-leading CO2 extraction while also creating green hydrogen (H2) at a reasonable cost.

Climate X

Series A in 2024
Climate X is a global climate physical risk data analytics company that specializes in climate risk management services. The firm provides tools to project and predict the impacts of climate change and extreme weather events by integrating climate models with current real-world data. Through its physical modeling capabilities, Climate X enables businesses and governments to anticipate regulatory requirements and adapt to evolving climate-related challenges. Its clientele includes prominent financial institutions in sectors such as banking, real estate, and insurance, highlighting its relevance in a rapidly changing climate landscape.

Ember

Series A in 2024
Ember operates electric bus networks that offer a zero-emission, convenient, and affordable transportation alternative. It is pioneering a comprehensive, technology-driven approach to public transport, distinguishing itself as the first company to fully integrate an operating system that manages all aspects of the bus network, including timetabling, ticketing, charging, and maintenance. This innovative system enhances service quality while reducing operational costs. Ember's all-electric intercity bus service is designed to minimize emissions and improve the passenger experience by providing amenities such as USB and Wi-Fi access, live tracking, and flexible ticketing options. With over 10,000 customers utilizing its services each week, Ember is rapidly expanding its reach and contributing to a shift away from car dependency, thereby promoting social inclusion and sustainable transport.

Pelikan Mobility

Seed Round in 2024
Building a new type of EV leasing company for commercial fleets: tech-enabled and operations-centric.

Cosmic Aerospace

Seed Round in 2024
Cosmic Aerospace is an innovative aerospace technology company focused on advancing sustainable aviation through the development of ultra-efficient all-electric passenger aircraft. The company aims to create fully electric planes characterized by improved propulsion systems and unique airframe designs, which are intended to significantly reduce air pollution associated with regional flights. By prioritizing energy efficiency, Cosmic Aerospace seeks to facilitate a transition to more sustainable air travel, ultimately making aviation more environmentally friendly and accessible.

CBAMBOO

Pre Seed Round in 2024
CBAMBOO is building the operating system for the world's carbon border taxes. Our mission is to keep firms compliant and drive them to decarbonise their supply chains. Our work focuses on the Carbon Border Adjustment Mechanism (CBAM), the world's first carbon border tax, which applies to EU importers in dozens of industries. We are developing AI tools to forecast CBAM costs, analyse embodied carbon, model the knock-on effects on prices, and report back on sustainability metrics. Our products will address the needs of importers, who pay CBAM directly, as well as their suppliers and their customers. As carbon border taxes evolve and spread globally, CBAMBOO plans to be at the forefront of helping firms to integrate carbon costs into their management decisions. Cbamboo was founded in May 2023 at Carbon13, and is based in London. In December 2023 it closed a £1m pre-seed round led by Pale blue dot.

Amini

Seed Round in 2023
Amini is a climate tech company focused on utilizing artificial intelligence and satellite technology to enhance access to environmental data across Africa. By developing a data collection and intelligence infrastructure, Amini aims to address environmental challenges and promote economic inclusivity for farmers. The company provides a comprehensive platform that offers vital environmental data, empowering users to manage ecological impacts effectively while fostering opportunities within the agricultural sector. Through its innovative approach, Amini seeks to serve as a central resource for environmental information in Africa, facilitating better decision-making and sustainable practices.

Overstory

Series A in 2023
Overstory is a company that utilizes artificial intelligence and advanced satellite imagery to provide vegetation intelligence for electric utilities. By analyzing satellite data, Overstory helps these utilities identify and prioritize potential vegetation risks near power corridors, enabling better decision-making and resource allocation. This proactive approach aims to prevent power outages, reduce wildfire risks, and enhance the safety and resilience of the electrical grid. Additionally, Overstory's platform offers global-scale automated analysis, segmenting tree species, estimating wood volume, and assessing tree health. This functionality supports corporations, NGOs, and governments in their efforts to combat deforestation and promote sustainable forest management practices.

Nala Earth

Pre Seed Round in 2023
Nala Earth provides data and tools that enable businesses to better understand and connect with the natural world.

ClimateAligned

Pre Seed Round in 2023
ClimateAligned is a fintech company developing innovative artificial intelligence for climate investing. It is creating the world's first AI platform that integrates end-to-end sustainability.

Opna

Seed Round in 2023
Opna is a financing platform focused on climate projects aimed at reducing carbon emissions and safeguarding natural ecosystems. The platform provides essential data, proprietary risk assessments, and effective capital structures to assist companies in converting net-zero committed capital from financial institutions and corporations into direct financing throughout the lifecycle of climate projects. By facilitating this process, Opna supports the development and implementation of high-quality global initiatives that contribute to environmental sustainability.

Spher

Seed Round in 2023
Spher builds tools

Pionix

Seed Round in 2023
PIONIX develops EVerest, a fully featured commercial open source SW platform for charging stations. With our open platform, we will provide a broad ecosystem for EV charging that can be easily extended by the open-source community and utilized by any commercial party. PIONIX as main developer of the EVerest ecosystem offers integration and software update services, cloud operations and productivity & security enhancements as subscriptions.

Amini

Pre Seed Round in 2023
Amini is a climate tech company focused on utilizing artificial intelligence and satellite technology to enhance access to environmental data across Africa. By developing a data collection and intelligence infrastructure, Amini aims to address environmental challenges and promote economic inclusivity for farmers. The company provides a comprehensive platform that offers vital environmental data, empowering users to manage ecological impacts effectively while fostering opportunities within the agricultural sector. Through its innovative approach, Amini seeks to serve as a central resource for environmental information in Africa, facilitating better decision-making and sustainable practices.

Improvin'

Seed Round in 2023
Improvin' is a sustainability performance platform helping agri-food companies measure, report and reduce greenhouse gas emissions and enhance biodiversity in their own value chain. At scale. "There’s a lot of thinking. A lot of talking, pondering, and considering. In the area of sustainable agriculture, there seems to be a constant panel discussion of things that might be. Maybe. Maybe in 2030. But we’re not in the business of “what might be”. We’re in the business of finding real solutions for real problems. Actual technology, actual value for actual people that can work for food brands, processors, and growers here and now. We have created a platform that enables all these different actors to clear the fog in what needs to be done: Be both environmentally positive and profitable at the same time. Together, and on their own. A platform simple enough that almost anyone can use it, yet able to accelerate the transition to sustainable agriculture. Making the future of crops, farmlands, and farming not a dimmed-out question-mark, but a clear-cut, measurable, verified, reportable, and incentivized direction – for all to follow. A new wave of agriculture and sustainability. Hand in hand. Sustainable living on earth. Field by field.

Green-Got

Seed Round in 2023
Green-Got is a neobank that provides individuals with an accessible banking alternative focused on ecological sustainability. The bank offers a range of services, including deposit accounts, prepaid cards for online and offline purchases, savings accounts, and cash withdrawal options. By facilitating financial transactions, Green-Got aims to help users reduce the savings needed for the ecological transition while actively contributing to the conservation of ecosystems with each payment. The platform is designed to ensure safe and secure financial management, making it easier for customers to align their banking activities with their environmental values.

Hived

Series A in 2023
HIVED is a sustainable parcel delivery service focused on creating a more environmentally friendly and efficient delivery experience. The company specializes in zero-emission delivery solutions that aim to minimize waste and reduce carbon footprints for both shippers and recipients. By leveraging innovative operational processes and software, HIVED is developing a comprehensive parcel delivery network designed for the future. This approach allows businesses to achieve affordable and convenient delivery options while contributing to sustainability efforts.

Infyos

Pre Seed Round in 2023
Infyos is focused on creating a sustainable future for the battery industry through its digital platform designed for battery and electric vehicle manufacturers. The platform provides a comprehensive solution for managing and improving supply chain sustainability, offering data-driven insights that help companies navigate the complexities of regulatory requirements and customer expectations. By leveraging deep industry expertise and advanced software, Infyos aims to guide battery manufacturers in implementing effective sustainability practices. The company is supported by prominent investors with a commitment to climate innovation, positioning itself as a key player in the evolving landscape of battery supply chain management.

Pivotal Future

Seed Round in 2023
Measuring changes in the state of nature is difficult, but increasingly essential. Pivotal is revolutionising the way biodiversity is monitored and analysed. We give businesses and markets real, auditable evidence of site-level changes in the state of nature, to help them enhance investment decisions, manage nature-related risks and impacts, and make verified disclosures. We are the only nature tech that integrates data from many different on-the-ground and remote sources, to deliver robust, verified primary data sets that can be used to calculate a large suite of state-of-nature metrics. We combine proprietary machine learning with our global network of remote ecosystem experts, to annotate, verify, and quality control biodiversity data, and deliver highly accurate metrics which are communicated in our web-based reporting portal.

SnoFox

Venture Round in 2023
SnoFox Sciences specializes in providing data analytics solutions aimed at enhancing operational efficiency and reducing energy consumption in the cold industrial sector. The company has developed a proprietary platform that leverages thermodynamic data to deliver insights for cold chain monitoring and preventative maintenance. This technology transforms complex data feeds into actionable analytics, which are presented through a customizable web-based tool. This platform facilitates informed decision-making at various levels, whether for specific units, entire facilities, or across entire organizations. By focusing on the optimization of energy use, SnoFox aims to lessen the environmental impact associated with industrial cooling processes.

Ember

Pre Seed Round in 2023
Ember operates electric bus networks that offer a zero-emission, convenient, and affordable transportation alternative. It is pioneering a comprehensive, technology-driven approach to public transport, distinguishing itself as the first company to fully integrate an operating system that manages all aspects of the bus network, including timetabling, ticketing, charging, and maintenance. This innovative system enhances service quality while reducing operational costs. Ember's all-electric intercity bus service is designed to minimize emissions and improve the passenger experience by providing amenities such as USB and Wi-Fi access, live tracking, and flexible ticketing options. With over 10,000 customers utilizing its services each week, Ember is rapidly expanding its reach and contributing to a shift away from car dependency, thereby promoting social inclusion and sustainable transport.

Overstory

Seed Round in 2022
Overstory is a company that utilizes artificial intelligence and advanced satellite imagery to provide vegetation intelligence for electric utilities. By analyzing satellite data, Overstory helps these utilities identify and prioritize potential vegetation risks near power corridors, enabling better decision-making and resource allocation. This proactive approach aims to prevent power outages, reduce wildfire risks, and enhance the safety and resilience of the electrical grid. Additionally, Overstory's platform offers global-scale automated analysis, segmenting tree species, estimating wood volume, and assessing tree health. This functionality supports corporations, NGOs, and governments in their efforts to combat deforestation and promote sustainable forest management practices.

Paebbl

Seed Round in 2022
Paebbl is a carbon storage company founded in 2021 by Pol Knops, Jane Walerud, Marta Sjögren, and Andreas Saari. The company focuses on capturing carbon dioxide from industrial facilities or directly from the atmosphere to produce carbon-negative building materials. By specializing in carbon dioxide mineralization, Paebbl significantly accelerates this process while minimizing energy consumption. This innovative approach enables the development of sustainable construction materials, addressing the construction sector's substantial contribution to global carbon emissions, which accounts for 38% of the total. Through its efforts, Paebbl aims to provide clients with eco-friendly raw materials that help combat climate change.

Monta

Series A in 2022
Monta is a developer of an integrated operating platform that caters to the entire electric vehicle (EV) ecosystem, including drivers, businesses, municipalities, and the electricity grid. The platform offers comprehensive services such as charging location access, real-time charging data, payment processing, and billing and reporting features. Monta's mission is to facilitate the adoption of EV technology by providing innovative and reliable solutions for the complete EV charging cycle. The company aims to support the transition to sustainable mobility and foster the growth of e-mobility through its user-friendly app and charging portal, ultimately driving the future of electric vehicle infrastructure.

Climate X

Seed Round in 2022
Climate X is a global climate physical risk data analytics company that specializes in climate risk management services. The firm provides tools to project and predict the impacts of climate change and extreme weather events by integrating climate models with current real-world data. Through its physical modeling capabilities, Climate X enables businesses and governments to anticipate regulatory requirements and adapt to evolving climate-related challenges. Its clientele includes prominent financial institutions in sectors such as banking, real estate, and insurance, highlighting its relevance in a rapidly changing climate landscape.

Monta

Series A in 2022
Monta is a developer of an integrated operating platform that caters to the entire electric vehicle (EV) ecosystem, including drivers, businesses, municipalities, and the electricity grid. The platform offers comprehensive services such as charging location access, real-time charging data, payment processing, and billing and reporting features. Monta's mission is to facilitate the adoption of EV technology by providing innovative and reliable solutions for the complete EV charging cycle. The company aims to support the transition to sustainable mobility and foster the growth of e-mobility through its user-friendly app and charging portal, ultimately driving the future of electric vehicle infrastructure.

Phytoform

Seed Round in 2021
Phytoform Labs is a biotechnology company focused on revolutionizing plant breeding through advanced gene editing and artificial intelligence technologies. By significantly reducing the time required for developing new crop varieties from decades to years, Phytoform enables breeders to create diverse and resilient plants that maximize yields. Their innovative approach aims to enhance the economics of breeding while ensuring that farmers have access to sustainable crops that improve productivity and minimize environmental impact. Through this integration of cutting-edge technology, Phytoform is positioned to transform agricultural practices and contribute to more efficient food production systems.

Hier Foods

Venture Round in 2021
Hier Foods is a foodtech startup that offers decentralized food systems for retailers and local suppliers. The startup's platform supports all industry-standard EDI integration methods for working with inventory management, as well as a cutting-edge API to make it as simple as possible for IT. Its adaptive software enables even very small suppliers to process digital orders, return shipping notifications and invoices digitally, and easily update prices and products. Instead of faxing, calling, or emailing, they order everything through a single app. Prices, products, and order reminders are always up to date.

Cirplus

Seed Round in 2021
Cirplus GmbH, founded in 2019 and based in Hamburg, Germany, operates a B2B marketplace that focuses on recycled plastics. The company has developed a comprehensive trading platform for recyclates and plastic waste feedstock, offering a streamlined approach for customers to find, negotiate, contract, ship, insure, and pay for trades in recycled materials worldwide. By digitizing the buying process and improving quality control, Cirplus aggregates fragmented supply, enabling the plastic and recycling industries to procure circular plastics at scale. Additionally, Cirplus has established the first industrial standard for high-quality plastic recycling, contributing to the modernization and efficiency of the recycling sector.

Overstory

Seed Round in 2021
Overstory is a company that utilizes artificial intelligence and advanced satellite imagery to provide vegetation intelligence for electric utilities. By analyzing satellite data, Overstory helps these utilities identify and prioritize potential vegetation risks near power corridors, enabling better decision-making and resource allocation. This proactive approach aims to prevent power outages, reduce wildfire risks, and enhance the safety and resilience of the electrical grid. Additionally, Overstory's platform offers global-scale automated analysis, segmenting tree species, estimating wood volume, and assessing tree health. This functionality supports corporations, NGOs, and governments in their efforts to combat deforestation and promote sustainable forest management practices.

Hived

Seed Round in 2021
HIVED is a sustainable parcel delivery service focused on creating a more environmentally friendly and efficient delivery experience. The company specializes in zero-emission delivery solutions that aim to minimize waste and reduce carbon footprints for both shippers and recipients. By leveraging innovative operational processes and software, HIVED is developing a comprehensive parcel delivery network designed for the future. This approach allows businesses to achieve affordable and convenient delivery options while contributing to sustainability efforts.

Patch

Series A in 2021
Patch is a company that specializes in creating infrastructure for a climate-positive economy, primarily through its carbon removal API. Founded in 2020 and headquartered in San Francisco, California, Patch simplifies the process of carbon removal, allowing businesses to calculate their carbon footprints and identify suitable carbon offset projects. This platform enables organizations of all sizes to automate their sustainability initiatives effortlessly, making it as straightforward as writing a few lines of code. By facilitating access to carbon removal solutions, Patch supports businesses in managing and mitigating their environmental impact.

Sphere

Seed Round in 2021
Sphere is a registered public benefit corporation that aims to amplify a social movement to extract money from fossil fuel companies. The company is a community of employees across hundreds of companies dedicated to getting fossil fuels out of our companies’ 401(k)s.

Climate X

Pre Seed Round in 2021
Climate X is a global climate physical risk data analytics company that specializes in climate risk management services. The firm provides tools to project and predict the impacts of climate change and extreme weather events by integrating climate models with current real-world data. Through its physical modeling capabilities, Climate X enables businesses and governments to anticipate regulatory requirements and adapt to evolving climate-related challenges. Its clientele includes prominent financial institutions in sectors such as banking, real estate, and insurance, highlighting its relevance in a rapidly changing climate landscape.

Hier Foods

Pre Seed Round in 2021
Hier Foods is a foodtech startup that offers decentralized food systems for retailers and local suppliers. The startup's platform supports all industry-standard EDI integration methods for working with inventory management, as well as a cutting-edge API to make it as simple as possible for IT. Its adaptive software enables even very small suppliers to process digital orders, return shipping notifications and invoices digitally, and easily update prices and products. Instead of faxing, calling, or emailing, they order everything through a single app. Prices, products, and order reminders are always up to date.

Monta

Seed Round in 2021
Monta is a developer of an integrated operating platform that caters to the entire electric vehicle (EV) ecosystem, including drivers, businesses, municipalities, and the electricity grid. The platform offers comprehensive services such as charging location access, real-time charging data, payment processing, and billing and reporting features. Monta's mission is to facilitate the adoption of EV technology by providing innovative and reliable solutions for the complete EV charging cycle. The company aims to support the transition to sustainable mobility and foster the growth of e-mobility through its user-friendly app and charging portal, ultimately driving the future of electric vehicle infrastructure.

Patch

Seed Round in 2021
Patch is a company that specializes in creating infrastructure for a climate-positive economy, primarily through its carbon removal API. Founded in 2020 and headquartered in San Francisco, California, Patch simplifies the process of carbon removal, allowing businesses to calculate their carbon footprints and identify suitable carbon offset projects. This platform enables organizations of all sizes to automate their sustainability initiatives effortlessly, making it as straightforward as writing a few lines of code. By facilitating access to carbon removal solutions, Patch supports businesses in managing and mitigating their environmental impact.

Patch

Seed Round in 2021
Patch is a company that specializes in creating infrastructure for a climate-positive economy, primarily through its carbon removal API. Founded in 2020 and headquartered in San Francisco, California, Patch simplifies the process of carbon removal, allowing businesses to calculate their carbon footprints and identify suitable carbon offset projects. This platform enables organizations of all sizes to automate their sustainability initiatives effortlessly, making it as straightforward as writing a few lines of code. By facilitating access to carbon removal solutions, Patch supports businesses in managing and mitigating their environmental impact.

Cirplus

Pre Seed Round in 2020
Cirplus GmbH, founded in 2019 and based in Hamburg, Germany, operates a B2B marketplace that focuses on recycled plastics. The company has developed a comprehensive trading platform for recyclates and plastic waste feedstock, offering a streamlined approach for customers to find, negotiate, contract, ship, insure, and pay for trades in recycled materials worldwide. By digitizing the buying process and improving quality control, Cirplus aggregates fragmented supply, enabling the plastic and recycling industries to procure circular plastics at scale. Additionally, Cirplus has established the first industrial standard for high-quality plastic recycling, contributing to the modernization and efficiency of the recycling sector.

Veat

Pre Seed Round in 2020
VEAT is on a mission to make healthy, plant-based foods more accessible. We cook and prepare our fresh meals locally at Stora Essingen and deliver them daily to our vending machines throughout the city.

Overstory

Seed Round in 2020
Overstory is a company that utilizes artificial intelligence and advanced satellite imagery to provide vegetation intelligence for electric utilities. By analyzing satellite data, Overstory helps these utilities identify and prioritize potential vegetation risks near power corridors, enabling better decision-making and resource allocation. This proactive approach aims to prevent power outages, reduce wildfire risks, and enhance the safety and resilience of the electrical grid. Additionally, Overstory's platform offers global-scale automated analysis, segmenting tree species, estimating wood volume, and assessing tree health. This functionality supports corporations, NGOs, and governments in their efforts to combat deforestation and promote sustainable forest management practices.

Patch

Pre Seed Round in 2020
Patch is a company that specializes in creating infrastructure for a climate-positive economy, primarily through its carbon removal API. Founded in 2020 and headquartered in San Francisco, California, Patch simplifies the process of carbon removal, allowing businesses to calculate their carbon footprints and identify suitable carbon offset projects. This platform enables organizations of all sizes to automate their sustainability initiatives effortlessly, making it as straightforward as writing a few lines of code. By facilitating access to carbon removal solutions, Patch supports businesses in managing and mitigating their environmental impact.

Hackyourcloset.com

Seed Round in 2020
Hackyourcloset.com was founded in 2019 to reduce and prevent waste in the apparel industry. Our subscription service is the first of its kind offering access to a closet on rotation. For as little as 279 SEK/month (28€) you can receive 4 pieces of clothing every month that we picked based on your measurements and style preferences. All items are rescued and taken out of the waste stream, from pre-loved to leftover goods. Wear more, spend less, and save the planet.

Way

asset and fleet management without additional hardware installations by unifying real-time, multi-OEM primary data
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