Syndicate · GreenTech
Led by Elena Rostova (verified lead)
Specializing in Series A sustainable energy and circular-economy startups across Europe and Asia.
Total backing
€22.8M
LP members
1,187
Track record
+19.1%
Net IRR since 2018
Active deals
5
We invest in revenue-generating Series A companies that decarbonize energy, industry and materials, with a clear path to profitability and proven unit economics.
Our dual presence in Europe and Southeast Asia lets founders scale across both regions, backed by industrial partners and public co-financing where available.
Second-life battery storage for commercial buildings.
Industrial-scale textile recycling.
Solar micro-grids for industrial parks in Southeast Asia.
Low-carbon construction materials.
Industrial water reuse for food processing plants.
| Company | Stage | Year | Status | Multiple |
|---|---|---|---|---|
| Heliox Storage | Series A | 2018 | Exited | 3.1x |
| ReNew Pack | Series A | 2019 | Exited | 2.4x |
| Windrose | Series A | 2020 | Marked up | 1.8x |
| Circulo | Series A | 2022 | Active | 1.2x |
| Greenmile | Seed | 2021 | Written down | 0.6x |
Selection of 5 of 34 deals led. Multiples are gross, based on the latest valuation. Past performance is not a reliable indicator of future results.More information
Membership is free. You get access to every deal memo.
You choose which deals to back, from the minimum commitment.
At closing, your SPV tokens appear in your portfolio.