Participated · Seed · Mar 2023

Coolset (formerly Greencast.io) develops an automated decarbonization platform tailored exclusively to small and medium-sized enterprises, enabling measurement, analysis, reduction, and removal of carbon footprints in a matter of weeks. The platform offers scenario planning, benchmarking, and generation of actionable decarbonization strategies across scope 1, 2, and 3 emissions. Founded in 2021 and based in Amsterdam, Coolset positions itself as a cost-efficient alternative to hiring consultants or using Excel-based tools. Current customers include Lepaya, HelloPrint, and MyWheels. The startup secured €1.5 million to launch the tool and will use the funding to expand its team, accelerate growth, and further develop platform features. Coolset aims to help SMEs comply with upcoming reporting requirements such as the EU Corporate Sustainability Reporting Directive in 2024 and to scale automated, user-friendly net-zero planning for smaller businesses.

Led · Equity · Dec 2022

Cargoroo operates a fleet of e-cargo sharing bikes that are available at fixed locations and rented via a mobile app. Users pay per use at a rate of €0.10 per minute. The service targets occasional cargo-bike users such as parents, people moving large items, and students. Cargoroo says its user base has grown threefold over the past year and that together these users covered a distance of over 1,500,000M kilometres. The company plans to introduce a subscription model to better serve customers, reward loyalty, and encourage off-peak usage. Cargoroo is present in Amsterdam, Utrecht, Den Haag, Arnhem, Nijmegen, Antwerpen, Leuven, Mechelen, Manchester, Berlin, and Eindhoven and recently raised funds to support further expansion. Cargoroo operates a shared electric cargo-bike service aimed at urban neighbourhoods and shopping streets. The company is based in Amsterdam and is led by CEO Erik de Winter. Its service is available in multiple Dutch cities including Eindhoven, Amsterdam, Utrecht, The Hague, Nijmegen, and Arnhem, as well as Antwerp in Belgium and Berlin in Germany, with plans to enter Lyon, France. Cargoroo offers on-street shared electric cargo bikes for local trips and deliveries. The company raised €10m in funding to support expansion. Management intends to use the proceeds to grow operations and broaden its geographic reach across the Netherlands, France, Belgium, and Germany.

Participated · Equity · Oct 2022

Gridio develops an app-led software suite that integrates with a wide range of energy hardware—including most EV chargers, solar inverters and home batteries—to optimise energy consumption in real time. Its intelligent software automates energy use during cheaper and greener periods so consumers cut bills without additional hardware. For energy providers Gridio offers a plug-and-play platform that can roll out mobile-based smart EV and solar charging services in weeks. The company emphasizes orchestration of distributed energy devices to support grid stability as renewables scale. Gridio was founded in 2018 by Konrad Hanschmidt and Sandor Liive and is based in Tallinn. It has more than 30,000 users and aims to quadruple that user base by next year. Gridio is a Tallinn-based cleantech startup that offers a smart energy app to help residential users shift electricity consumption to cheaper and cleaner hours. Originally focused on smart charging for electric vehicles without extra hardware, the app automatically charges cars such as Tesla, Volkswagen and Škoda at the cheapest and cleanest times, delivering about 30% average savings for EV owners. The company has expanded the app to cover home energy usage and launched a free version that shows upcoming peak hours and a feature nicknamed 'Ursula Mode' to schedule or delay consumption. Gridio reports more than 30,000 downloads and over 15,000 registered users across 10 countries, with Denmark as its largest market. The team raised €1 million to further its mission and to launch new tools giving users smarter insights to save money and manage energy during the winter energy crisis. Gridio aims to enable residential participation in electricity markets so users can earn money by shifting consumption and help reduce reliance on gas-fired power during peak hours.