Founded in 2017 with offices in Copenhagen and Munich, Nordic Alpha Partners is a Northern European growth and venture capital fund specializing in industrial greentech. The firm manages over €275 million, backed by institutional investors including Allianz Global Investors, Novo Holdings, KfW Capital and the European Investment Fund. Since inception, its funds have supported companies that collectively avoid an estimated 879,421 tonnes of greenhouse gases. Nordic Alpha Partners identifies, de-risks and scales sustainable technology enterprises by combining capital with an operational toolkit tailored for capital-intensive businesses navigating early growth and global expansion.
Nordic Alpha Partners invests in asset-heavy technologies that drive manufacturing renewal and support the green transition. The team prioritizes projects that meet the test of economic sustainability, balancing gross profit against execution costs while maximizing carbon reductions. This approach tackles four transformational challenges: supply chain shifts, rapid adoption of novel technology, intensive capital requirements and elevated growth demands. In many cases, the investment team engages for up to a year before funding, collaborating with founders on governance, process optimization and technical roadmaps to strengthen operational readiness.
Investments span a range of clean energy and storage innovations essential for decarbonizing industry and power systems. Green Hydrogen Systems produces electrolysis units for large-scale hydrogen production, while STABL Energy repurposes second-life electric vehicle batteries to deliver cost-effective energy storage solutions. Airwatergreen provides energy-efficient dehumidification and air treatment for industrial facilities. Exited companies include Wiferion, which developed wireless charging for electric vehicles and robotics, and Spirii, a provider of charging infrastructure for e-mobility. Other portfolio highlights, such as AquaGreen’s biomass pyrolysis, showcase methods for recovering energy and nutrients from organic waste. Through these investments, Nordic Alpha Partners advances technologies that reduce emissions and enhance system resilience.
