We are Pale blue dot.
An early stage VC fund backing visionary founders building future-shaping businesses.

We invest in diverse founders building the future that we want to live in. For us, climate is our “why” and a value alignment that we seek with our founders. We believe that technology, both software and hardware, plays a part in building a better future, and we want to back the scalable companies that can take us there.

We invest in early stage companies with radical potential and a future-first mindset.

Investment criteria


Fund I (2020)€87M
Fund II (2024)€93M
StagePre-seed & Seed
Ticket€0.5 - €2M
OwnershipLead (10%+)
RegionEurope & US
IndustryAll tech

Climate change is the greatest macroeconomic challenge of our time, reshaping every aspect of how we live, work, eat, and move. It has become the lens through which we view — and prepare for the future.

This global crisis also presents an unprecedented opportunity: to invest in the world we want to live in. The next generation of billion-dollar companies will be built with climate in mind. This is no longer optional — it’s imperative.

We invest under three horizontal themes:

Optimise

We believe that every aspect of our lives will change, forcing us to improve, digitalise, and decarbonise every industry and sector. This includes optimising our food supply chains, energy systems, transportation, industries, textile production, and many more.


Adapt

Technologies that help communities and industries become more resilient to climate impacts. This includes climate risk, resilience, and mitigation.


Pioneer

We don’t believe we have all the technologies or markets to secure our future. We are looking for breakthrough innovations that redefine what’s possible for a sustainable future.

Why

We founded Pale blue dot in 2020 as three former tech entrepreneurs driven to build a better kind of venture capital fund — one that backs ambitious founders tackling humanity’s biggest challenges, while leading with kindness and humility.

Our diverse backgrounds span from the humanities to tech, and we’ve each built multiple companies across Europe and the US. Since our own startup journeys, we’ve gone on to invest in hundreds of startups and have created accelerator programmes to support founders and help them grow.

Our beliefs as a fund

Diversity drives better outcomes

We envision a more equitable and inclusive world — and we know that diverse organisations don’t just reflect that vision; they also perform better.

Impact and profit can grow together

We invest in opportunities where positive impact scales alongside business growth. Financial success and meaningful change don't have to be mutually exclusive — they can go hand in hand.

Kindness and ambition go hand in hand

We believe in treating each other with respect while striving for excellence. The journey matters just as much as the destination.

Partner-led firms make better early-stage investments

Without hierarchy, investment teams are more independent, collaborative, and willing to take bold, contrarian bets.

The best early-stage VCs are former entrepreneurs

They’ve built companies themselves and understand the early-stage journey. That shared experience builds stronger, more meaningful relationships with founders.

Climate is the greatest humanitarian challenge of our time

Among many global issues, we believe climate change is the most urgent — and the largest shift humanity collectively has to tackle. It’s why we’ve made it our core focus.

This financing is made possible through financial backing of the Swedish government-owned company Saminvest AB