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

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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