DiscoverNew Wave.Why Europe Is Winning the Climate Tech Race - Tove Larsson (Norrsken VC)
Why Europe Is Winning the Climate Tech Race - Tove Larsson (Norrsken VC)

Why Europe Is Winning the Climate Tech Race - Tove Larsson (Norrsken VC)

Update: 2025-07-10
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This week, we sit down with Tove Larsson, General Partner at Norrsken VC, one of the largest climate VCs in Europe with already 3 unicorns in their portfolio and built on top of Norrsken Foundation, launched by Niklas Adalberth (founder of Klarna).

We discuss why the geopolitical landscape is creating new opportunities, how Europe’s startup ecosystem is maturing, and what VCs need to change about their approach to impact investing.

In this episode, you’ll learn:

Why Europe is a more attractive climate tech market than ever before

How the European policy landscape (Green Deal, CBAM, etc.) is shaping startups

The sectors with the strongest unicorn potential in climate

Examples of booming sectors from Norrsken’s portfolio

How to support startups during and after failure

What LPs really think about impact funds, and why that’s changing

… and more!

***

Thank you to DealMaker for sponsoring this episode. 💚 

Big raises. No gatekeepers. DealMaker helps cleantech companies bypass traditional funding barriers and raise millions on their own terms, by going directly to investors online. Ready to fuel your vision? Visit DealMaker.tech to learn more.

***

⌛TIMESTAMPS

00:00 Introduction & Europe's Investment Boom

04:49 Norssken & Klarna's Story

06:44 Key Sectors in Climate

09:28 AI For Climate?

16:09 European Policy Landscape

20:05 It's Time for Climate Unicorns

26:37 We Need More LPs In Climate

31:10 Embracing Risk & Failure

38:41 Rapid Fire Questions 🔥

***

💚 LEAVE A REVIEW

Apple Podcasts - https://shorturl.at/HIDcg

Spotify - https://shorturl.at/yDTfR



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit climateventuresvco2.substack.com
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Why Europe Is Winning the Climate Tech Race - Tove Larsson (Norrsken VC)

Why Europe Is Winning the Climate Tech Race - Tove Larsson (Norrsken VC)

Hugo Rauch