ClimateTech & cleantech startups

Sweden · Lead: Wallenberg family

Swedish green-tech startup building the world's largest green-steel plant in Boden, Sweden

Finland · Lead: General Atlantic

ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing sovereign satellite intelligence and earth observation services. The company specializes in delivering radar satellite reconnaissance systems to governments and operates a vertically integrated platform with software-defined satellites.

UK · Lead: Bullhound Capital

Oxford Quantum Circuits develops and operates superconducting quantum computers using its proprietary Coaxmon architecture designed for deployment in data-centre environments. The company provides quantum computing infrastructure as a service to enterprise and government customers across Europe, North America and Asia.

UK · Lead: Italian state aid

CamGraPhIC develops graphene-based optical interconnect technology for AI systems. The company makes graphene-based optical transceivers that use light instead of electrons to send and receive data, claiming 80% less energy consumption than traditional silicon versions with higher bandwidth and lower latency.

Switzerland · Lead: SoftBank

Kandou AI enables faster and more energy efficient interconnects for AI systems through high-speed copper-based interconnect technology and Chord signalling architecture. The company develops chip-to-chip connectivity solutions for GPU, memory, network, and rack connectivity to democratize artificial intelligence by reducing costs and power consumption.

UK · Lead: DCVC

UK-based quantum computing company that builds full-stack quantum computers using silicon chip technology. Founded as a university spinout from UCL and Oxford, the company develops silicon transistor-based quantum computers designed to fit within existing standard data centers and racks, offering significant advantages in cost, space, and energy efficiency compared to competing quantum computing approaches.