Go to search feature Go to content

SEB Greentech VC

SEB Greentech Venture Capital invests in green technology, focusing on transformative ideas that promise substantial impact in reducing greenhouse gas emissions or in preventing transgression of the planetary boundaries.

We can invest in hardware, software and technology platform solutions, in sectors ranging from renewable energy, energy storage, water and agricultural technology, circular business models, to waste management.

We expect the companies to be in a phase where they have tested and adapted their technology to real operating conditions, and preferably have revenues with repetitive orders from key customers. SEB Greentech VC is particularly searching for teams with a relentless dedication to their mission, and who are ready to scale their business internationally.

Why SEB Greentech VC?

SEB Greentech Venture Capital started in late 2020 to address consequences of the climate crisis. We foresee a massive industry transformation in only two business cycles, with a need for the public and private sector to close an enormous investment gap to reach targets. We build on SEB's heritage to support entrepreneurship and nurture innovation. SEB have worked with venture capital investment since 1995 and have a business focus with strong emphasis on sustainability.

Our investment philosophy

Based on our extensive experience we understand that investments in new, green technology take longer time to develop and mature than traditional venture capital investments. We accommodate this through our direct equity, balance sheet investment structure. With an ambitious plan to triple our existing SEK 600m mandate to 2030.

SEB Greentech VC provides access to capital that enable technology development, growth and expansion. Our initial investment is often SEK 10-40m. Our structure allows us to continue to commit as long as we bring value to the company. We are active minority investors aiming for a board seat, and operate across Europe, but with a focus on the Nordic and Baltic markets.

In addition to capital and our experienced SEB Greentech VC team, we can draw on expertise from other parts of the bank. This means we offer access to deep knowledge, broad skills as well as an international network within and beyond SEB. 

Facilitating that young greentech companies gain access to funding in an early stage is key for SEB.
President and CEO

Our team

The SEB Greentech team has vast investment skills and an extensive sustainability background, including both venture capital, operational start-up as well as business development experience. 

Our portfolio

Our ambitious portfolio of companies address global challenges with cutting edge solutions to improve the use of natural resources or reduce negative ecological impacts.

Stories behind our investment cases

Human heart inspiration for wave energy

Since cardiologist and inventor Stig Lundbäck and serial entrepreneur Patrik Möller met, and Stig’s ideas on wave energy gained momentum, the company CorPower Ocean has developed to become a global leader in wave energy.

A key to sustainable chemical production

Karim Engelmark Cassimjee and his colleagues at EnginZyme are working on developing and commercialising processes for sustainable chemical production, replacing the metals used today.

From sewage sludge to energy

At an office with its own laboratory in Solna, South African process engineer Jennifer van Niekerk works and studies how sewage sludge can best be converted to renewable biofuel, so-called hydrochar.

Found his role in the climate transition

Einar Bodström met mathematician Tomer Shalik who spread out a roll of paper with the plan for Sweden's climate transition. That was the start of the journey for the company ClimateView.

Contact SEB Greentech VC team

Reach out to our experts for tailored advice and support, we are here to help you drive sustainable innovation.