Axel Carbon Capital (CoreAngels Climate)
Roma, Lazio, Italy
Overview
COREangels Climate is an angel fund that co-invests with top VCs in Southern European start-ups fighting climate change.
- Total investments
- 6
- Lead investments
- 0
- Investments · 12mo
- 3
- Active investors
- 0
Sector focus
- Battery
- Clean Energy
- Electric Vehicle
- Energy
- GreenTech
- Renewable Energy
Investment portfolio
- Strong by Form
Participated · Equity · Jul 2026
Strong by Form develops Woodflow, a digitally molded structural biomaterial made from wood residues (e.g., radiata pine, fir) combined with resin to produce pieces that the company says reach concrete-level strength at a fraction of the weight and using less wood than cross-laminated timber. Founded in 2018 in Santiago by Andrés Mitnik (CEO), Jorge Christie (CPO) and Daniel Del Río (CTO), the company operates a plant in La Reina with four robots and a laser cutter and employs about 25 people. Its technology has been used in real projects, including a balsa wood cladding installation in the departures hall of Quito airport. The new capital is intended to fund a pilot plant in Spain by late 2027 to scale toward industrial construction applications. Financially, Strong by Form completed a roughly $5M seed in 2023 and has now advanced the first tranche of its third round.
- Energiot
Participated · Equity · Jun 2026
Energiot develops a new generation of piezoelectric, self-powering IoT sensors that harvest energy from power lines to avoid batteries and maintenance, paired with data-as-a-service and an analytics (SaaS) platform for grid operators. Its patented technology targets deployment across high-, medium- and low-voltage networks and aims to enable functions such as failure prevention and Dynamic Line Rating. The company has completed sixteen projects with ten European electricity operators, including Iberdrola, Red Eléctrica de España, Enel and Alliander, and has recently converted some pilots into contracts with Iberdrola and Litgrid. Energiot employs fourteen people and currently operates in markets including Spain, France, Italy, Belgium, Lithuania and the Netherlands. Planned next steps include industrialising hardware, scaling commercial deployment, launching drone-based installation, and integrating an onboard wind sensor to improve measurement accuracy.
- SolidWatts
Participated · Seed · Mar 2026
SolidWatts builds a solid-state RF platform that delivers high-power dielectric heating for industrial processes, reportedly converting over 80% of electrical input into usable heating power. The technology generates electromagnetic waves to heat materials internally, reducing energy losses to surrounding infrastructure and improving overall process efficiency while aiming to limit maintenance and support high uptime. Originating from high-power RF applications used in scientific research (including experience at CERN), the company was founded in 2022 and is based in Pully. SolidWatts targets energy-intensive sectors such as chemical and pharmaceutical production, food processing, carbon capture and advanced recycling. Financially, the company completed an €850k pre-Seed in January 2025 and has now closed a €1.9 million Seed round to scale its platform and run pilot projects. The company projects that electrifying even a small share of industrial heating could yield significant emissions reductions, estimating that replacing 1% of these processes with its technology could cut about 36 million tonnes of CO2 annually.
- Tether
Participated · Seed · Jun 2025
Tether is a Barcelona-based clean energy startup founded in 2023 that builds software to leverage private electric vehicles as AI-coordinated, distributed battery assets. Its technology learns the behavior of millions of EVs to coordinate charging patterns and bid vehicle flexibility on balancing markets. Tether says this approach can reduce CO2 output by up to 7,300 tonnes per MW over a car’s lifetime while generating additional revenue streams for OEMs and charge point operators. The company runs several pilots with major automakers and charge-point operators and is partnering directly with Audi and Zeekr. Tether plans to expand partnerships in the Nordics, Germany and Belgium, scale engineering and commercial teams, and deepen integrations with automakers and grid operators. The startup aims to launch its product across Nordic markets to accelerate grid resilience and energy efficiency.
- W•SENSE
Participated · Series A · Oct 2023
Founded in 2017, WSense is an Italian ocean-technology company commercialising a patented underwater wireless communication system that functions as subsea Wi-Fi. Its Internet of Underwater Things (IoUT) platform lets heterogeneous sensors and autonomous vehicles from multiple vendors interconnect, enabling large-scale, real-time monitoring of marine ecosystems, infrastructure integrity, and environmental conditions. The technology is being applied to underwater infrastructure inspection, environmental tracking, and robotic networks that support the energy transition. Led by CEO and Sapienza University professor Chiara Petrioli, the company employs over 80 engineers and researchers. WSense maintains offices in Italy, Norway, and the UK, with additional staff in France and the UAE. Including the latest financing, it has secured more than €25 million in total funding to date, which it is using to accelerate product development and international expansion.
Team
No current team members are available.