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The Venture Codex

Ananda Impact Ventures

Isarwinkel 6, Munich, Bayern, 81379, Germany

Overview

Ananda Impact Ventures is the leading impact venture capital fund with a pan-European investment remit, managing ca. €200 million in four Core Impact Funds, with backing from notable institutional and private investors. Ananda backs technology businesses committed to having a positive impact that answers the most pressing social and ecological challenges of our time, in a way that is both scalable and sustainable. The active portfolio includes Klim (Carbon Farming), Open Bionics (bionic prostheses for children), IESO Digital Health (online psychotherapy) and Ororatech (which uses satellite technology to combat forest fires).

Total investments
33
Lead investments
15
Investments · 12mo
4
Active investors
9

Sector focus

  • Finance
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Entelo Bio

    Led · Equity · Apr 2026

    Entelo Bio has developed a proprietary platform that integrates clinical networks, wet-lab capabilities and AI to generate high-quality human data and disease models for disorders ranging from chronic age-associated diseases to rare genetic movement conditions. The company positions its work around human physical resilience, using global clinical data inputs to drive AI discovery and then validating predictions in human-centric models. Leadership frames the strategy as operating at the intersection of AI and consumer-driven medicine to de-risk and co-develop new therapeutics with partners. Entelo Bio traces its scientific origins to multi-omics and computational biology research at the University of Oxford’s Botnar Institute for Musculoskeletal Sciences, and its team includes veterans of leading AIxBio companies. With the newly raised $4 million, the company plans to deepen infrastructure, expand partnerships, and advance its platform development to address conditions that affect an estimated 1.7 billion people worldwide.

  • Decade Energy

    Participated · Equity · Apr 2026

    Decade Energy develops integrated, zero-CapEx energy infrastructure for logistics depots, combining new grid connections, battery energy storage systems (BESS), EV charging, solar PV and software to optimise energy use. The company finances and operates distributed site-level assets to overcome grid constraints and long connection lead times that hinder truck electrification. It pursues a distributed portfolio approach across many depots to increase long-term asset value and enable predictable rental income while allowing BESS participation in energy markets. Decade Energy has completed over 1,500 depot electrification feasibility studies, advanced more than 100 projects (over 500MW under development), and holds a pipeline of 50 projects slated to begin construction in 2026. With the recent €22M financing, the company plans both a France-focused BESS deployment program and continued development of its energy optimisation software, truck charging and PV products, and international expansion.

  • AIRMO

    Led · Seed · Mar 2026

    AIRMO is a Berlin- and Luxembourg-based space-tech startup developing an active greenhouse-gas monitoring instrument that pairs a SWIR imager with micro-LIDAR, miniaturised for use on small satellites. The system delivers roughly double the accuracy of existing solutions and can spot methane leaks as small as a car from orbit. Today AIRMO’s technology is already flown on drones and aircraft for commercial monitoring missions across Europe, Central Asia and the MENA region, serving energy majors such as Uniper, Total and ESCE. Backed by the European Space Agency, the company plans its first satellite launch in 2027 to enable continuous, global methane surveillance of millions of energy assets. Proceeds from its recent seed round will also fund expansion of its airborne operations and the establishment of a local MENA presence. While revenue figures are not disclosed, the fresh capital strengthens AIRMO’s balance sheet as it transitions from pilot projects to scaled commercial deployments.

  • Nordic Salt Cycle

    Participated · Seed · Nov 2025

    Founded in 2024 in Copenhagen, Nordic Salt Cycle is engineering a patented molten-salt process to extract lithium, rare earth elements and other critical minerals from spent electric-vehicle batteries, wind turbines and electronics. The modular platform separates and purifies materials with minimal energy use and significantly fewer chemicals than conventional recycling, enabling lower costs and strong unit economics. A working prototype is already delivering higher recovery efficiency than legacy processes, validating the underlying chemistry and scalability. The company plans to commercialise the system with industrial partners, initially targeting battery and permanent-magnet waste streams. Future expansion will apply the platform to additional end-of-life products to close the circular loop for strategic minerals. Nordic Salt Cycle recently secured €3.5 million in pre-seed equity funding to finance commercial pilots and accelerate its go-to-market timeline.

  • Jua

    Led · Series A · Jun 2025

    Jua offers the Earth Intelligence Platform, an AI decision engine powered by EPT-2.0, a proprietary large physics model trained on petabytes of multi-domain data. The platform simulates and predicts physical-world behavior to provide real-time forecasts of weather, energy supply-demand fluctuations, and grid-level dynamics. It is already in use by leading energy trading firms to simulate imbalances, anticipate pricing movements, and automate decision workflows. Jua plans to scale the commercial rollout across the energy sector, expand into adjacent markets such as agriculture and logistics, and double down on R&D. Financially, the company raised an $11M Series A, bringing total funding to $27M after a $16M seed round in 2024. Marvin Gabler is co-founder and was named the company’s new CEO. Jua is developing a foundational AI "physics" model that learns the natural world by ingesting diverse data sources to model and predict weather and climate. Its first application targets modeling and predicting weather and climate patterns for the energy industry, with that product due to launch in the coming weeks. The company plans to expand the model's use to agriculture, insurance, transportation and government. Jua says it trains on around 5 petabytes of data and brings together weather stations, satellite imagery, topography and other noisy, recent data into a single end-to-end system. Founders Andreas Brenner (CEO) and CTO Marvin Gabler bring weather research, deep learning and energy-sector experience to the project. The company claims its system uses 10,000 times less compute than legacy systems; Jua is still early-stage and has not yet launched its first products. Jua is an artificial intelligence climate startup developing technology to produce weather predictions for small, precise areas over short time windows. Its platform enables startups, companies, government institutions and researchers to create purpose-built weather models in a matter of hours. The company is currently offering the platform to a select number of customers on request and plans a wider release in early 2023. Jua intends to use its recent funding to expand its business reach. The company is led by co-founders Andreas Brenner (CEO) and Marvin Gabler (CTO). Jua maintains hubs in Zurich, Berlin and Cape Town.

Team