Danish-founded venture fund invests further in nuclear power

Climentum Capital is the lead investor in a seed round by the nuclear company Novatron Fusion Group. For the time being, it is a fairly modest investment in a very capital-intensive sector.

Stefan Mård, partner at Climentum Capital. | Photo: Climentum Capital / Pr

by OLE ANDERSEN

The climate-focused venture fund, Climentum Capital, has invested in a Swedish nuclear power company for the second time. In a syndicate with new and existing investors in Swedish Novatron Fusion Group, Climentum has been the lead investor in a seed round in which Novatron has raised a total of EUR 5m (DKK 37m).

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Danish-founded venture fund invests further in nuclear power

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Despite exclusion, Danske Bank co-finances deal for nuclear arms maker

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

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Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Further reading

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Nordics show clear appetite for new asset classes, BlackRock survey reveals

More than one third of managers do not report ESG violations to Varma, despite shared values

Jobs