We are Pale blue dot. An early stage VC 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 play a part in building a better future and we want to back the scalable companies that can take us there.
Details
- Stage
- Seed and Pre-seed
- Ticket size
- €500k - €2M
- Fund size
- Fund I (€87m) + Fund II (€93m)
- Focus
- Future shaping businesses
- Geo
- Europe and US
- Strategy
- Lead or co-lead
Joel Larsson, Heidi Lindvall and Hampus Jakobsson
Why?
We founded Pale blue dot in 2020 as three former tech entrepreneurs wanting to build a better venture capital fund: one that backs entrepreneurs, and one that channels capital into founders solving one of the biggest problems facing humanity: the climate crisis. We have all previously built software startups in Europe and the US, and have invested in hundreds of startups as well as built programmes to support entrepreneurs and their growth.
Focus
Every single business in the future will need to exist as a net-positive for the planet. We invest in companies in their early stages with climate as their “why”, and help them scale for the future.
We believe climate is the biggest macroeconomic challenge we are facing and it is leading us to change everything we do, from how we live, work, what we eat and how we transport ourselves. We use climate as a lens through which we see the future that we are preparing for.
We believe that this massive challenge we are facing are also giving us the biggest opportunities to invest in the future we want to see. We believe that the future billion-dollar companies will be built with this in mind, and it’s no longer negotiable.
We also invest in great leaders. Those who are building defensible ideas in huge addressable markets, and who ask themselves everyday if their company can contribute to a better future. We strongly believe that profit and impact fo hand in hand.
We believe that great companies are built by great people and these people can come from anywhere. We believe that diverse founders are a moral imperative and give you a competitive advantage. We back leaders who want to build diverse and inclusive companies.