Pale Blue Dot is a seed-stage venture capital firm based in Malmö, Sweden, backing climate tech startups across Europe and the US. It invests in software and hardware businesses working to reduce, reverse, and adapt to climate change.
36% of their portfolio is in Climate & Energy. Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Their most common stage is seed (59% of deals). Average disclosed round size is $6.9M (across 18 rounds with reported amounts).
Portfolio
36
Fund Size
$110M
Top Stage
Seed
Last 12 Mo
2
Team
ST
Sam Tichnor
Managing Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
44 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Tangible | Seed | $4.3M | Feb 2026 |
 Tangible Finance | Seed | $4.3M | Jan 2026 |
 Pionix | Seed | — | Nov 2025 |
 Brineworks | Unknown | — | Sep 2025 |
 Brineworks | Seed | $2.2M | Sep 2025 |
 SolaRock | Seed | — | Jul 2025 |
 Podero | Seed | — | Feb 2025 |
 Nala Earth | Seed | — | Jan 2025 |
 Paebbl | Series A | — | Oct 2024 |
| Brineworks | Seed | — | Sep 2024 |
 VARM | Seed | — | Jul 2024 |
 Climate X | Series A | — | Jun 2024 |
 Ember | Series A | $27M | Mar 2024 |
 Pelikan Mobility | Seed | $4.4M | Mar 2024 |
 Cosmic Aerospace | Seed | $4.5M | Feb 2024 |
| Nala Earth | Unknown | — | Jan 2024 |
 Amini | Seed | $4M | Nov 2023 |
 Opna | Seed | — | Sep 2023 |
 Snofox | Seed | $4.5M | Aug 2023 |
 Improvin' | Seed | — | May 2023 |
 HIVED | Series A | — | Apr 2023 |
 Infyos | Unknown | — | Jan 2023 |
| Paebbl | Seed | — | Oct 2022 |
 Monta | Series A | — | Sep 2022 |
 Phytoform Labs | Seed | $5.7M | Dec 2021 |
Page 1 of 2
Top Co-Investors
noa5 shared
Mudcake3 shared
GV2 shared
Blue Wire Capital2 shared
CommerzVentures2 shared
Techstars2 shared
Grantham Foundation2 shared
Capnamic Ventures2 shared
Aurum Impact2 shared
AiiM Partners2 shared
Katapult2 shared
First Momentum Ventures2 shared
Coatue Management LLC2 shared
Planet A2 shared
Kima Ventures2 shared
Voyager Ventures2 shared
Ponderosa Ventures2 shared
ABN AMRO Ventures2 shared
Emerge2 shared
Aperture Venture Partners2 shared
Last updated: 20 October 2026