Impact Loop has published a deep dive, listing the best cities in Europe for Climate Tech. Copenhagen is on the list, together with cities such as London, Stockholm, Paris and Berlin.
Total number of deals in 2025 in Copenhagen are reported to 20. Totalt number of capital last year: €112 million.
Impact Loops writes that Copenhagen’s climate tech scene reflects it’s heritage in wind power, but that the city’s strongest sector is sustainable food and agritech, anchored by Novo Holdings, one of the most active strategic impact investors in Europe.
Some standout deals for 2025 that Impact Loop highlights are: NORNORM $66.6m Series A (Verdane, Santander, Inter IKEA Group), MATR Foods $22m (Novo Holdings), Enduro $13.2m
Key investors investing in Copenhagen accoridng to Impact Loop are:
- Novo Holdings
- Nordic Alpha Partners
- Climentum Capital
- Rockstart
- Heartcore
- Vestas Ventures
The Swedish side of Øresund is not mentioned in the article, but given that The Drop conference (one of the biggest global impact investment gatherings) takes part in Malmö, and that Pale Blue Dot, one of hte pioneers in Climate Tech investment is based there, should be relevant as well. And of course that the Swedish side of the region is home to Oatly, Qvantum (which last year raised a massive €108 million), Sproud, Emulate Energy, Enjay, Emission Twin, Orbital Systems and many other prominent climate tech companies, we can safely assume the Greater Copenhagen region (which includes all of Öresund) has probably significant better performance then what impact loops reports. Maybe not enough to take the top spot, but probably amongst the best performing in Europe.
You can view the entire list here: impactloop.com
