What Systemiq capital does

Systemiq Capital is a London-based, FCA-authorised venture capital firm (FRN. 1031756) that invests at Series A stage in early-stage climate technology companies across the UK, Europe, and the United States. The firm was founded in 2018 and operates as the venture arm of system-change company Systemiq, targeting three stated investment themes: Electrification, Decoding Nature, and Applied AI. Its stated edge is "understanding the market forces, industry dynamics and system conditions that shape the company's path to scale," with a portfolio spanning subscription commerce infrastructure (Subbyx), data-center power management (Claros), AI-infrastructure optical connectivity (Mixx), synthetic biology (InnerPlant), zero-emission aviation (ZeroAvia), biodiversity monitoring (NatureMetrics), and regulated energy exchanges (ElectronX).

The firm runs two funds. Fund I (2018 vintage) deployed $30 million and produced three exits, with portfolio companies raising an additional $350 million in follow-on capital. Fund II was announced in July 2022 with a $70 million first close targeting $200 million total, backed by a coalition of sustainability-oriented LPs including Lombard Odier, The Grantham Foundation for the Protection of the Environment, and Deutsche Post Foundation. The firm is led by Managing Partner Irena Spazzapan alongside Chairman Paul Fletcher, with founders Paul Polman (former Unilever CEO) and Jeremy Oppenheim (former World Bank economist and McKinsey global climate practice leader) anchoring LP and ecosystem relationships. It earns revenue through conventional VC management fees and carried interest on these funds; no product revenue is generated. Deal flow is sourced via direct outreach, founder referrals, and the firm's policy, corporate, and climate-expert network, supported by thought leadership published through its website, Substack newsletter, and annual research reports.

Name

Systemiq capital

Legal name

Systemiq Capital Limited

Website

https://systemiqcapital.earth

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Systemiq Capital is a London-based, FCA-regulated venture capital firm investing at Series A in early-stage climate technology companies across the UK, Europe, and the US. It focuses on Electrification, Decoding Nature, and Applied AI, and runs Fund II with a $200M target.

Ownership category

akta.pro rank

Product category

Venture Capital (Climate Tech)

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Climate tech venture capital
• Early stage investment
• Electrification investing
• Applied AI venture capital
• Series A climate funding

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Distribution channels1 record

Marketing channels5 records

Core offering

Systemiq Capital is a London-based venture capital firm investing at Series A stage in early-stage climate tech companies across the UK, Europe, and the US. The firm backs founders building category-defining companies in three sectors: Electrification, Decoding Nature, and Applied AI. In addition to capital, the firm provides portfolio companies with specialist expertise, networks, and commercially grounded support, including introductions to corporates, policy-makers, and follow-on investors.

Product overview

Systemiq Capital is a venture capital firm that does not offer products or services in the traditional sense. The firm provides investment capital, strategic support, and ecosystem access to climate tech startups at Series A stage, focusing on founders building category-defining companies in Electrification, Decoding Nature, and Applied AI sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Systemiq Capital Fund I

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Purpose Venture Group (PVG)coreStrategic or Co-development Partner · 10 April 2024Systemiq Capital and Purpose Venture Group announced a new partnership to accelerate climate solutions into the marketplace. PVG joins as a venture partner, bringing additional capabilities to support the deployment of climate technology investments.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Breakthrough Energy Ventures: Bill Gates-backed early-stage climate-tech venture fund investing across the full climate stack (energy, transport, food, buildings). Direct competitor for the same Series A founders as Systemiq Capital, though at materially larger fund scale.
• Lowercarbon Capital: Chris Sacca-founded venture firm investing across climate and energy-transition themes at seed and Series A. Highly comparable thesis and stage focus to Systemiq Capital, with a similar 'founder-led, thematic' positioning.
• Prelude Ventures: Early-stage climate-tech VC focused on physical-economy and decarbonisation themes, often leading or co-leading Series A rounds. Directly comparable in stage, geography and thesis to Systemiq Capital.
• 2150 (formerly Urban Future): European venture firm investing in urban and climate-tech founders across real estate, construction and mobility. Closely comparable in stage, geography and physical-economy thesis.
• Clean Energy Ventures: Seed and Series A investor focused on climate-tech commercial-ready ventures. Direct competitor at the same Series A stage with a similar sector-specialist positioning.
• Energy Impact Partners (EIP): Global venture and growth platform investing across the energy transition with a strategic LP base of utilities and corporates. Comparable climate-thesis focus with a deeper strategic/corporate angle than Systemiq Capital.
• Pale Blue Dot: European early-stage climate-tech VC backing founders tackling the climate crisis. Closely comparable in geography, stage and explicit climate mandate.

Emerging players

• CleanWave Ventures: Emerging climate-tech VC at early stage, focused on European founders in sustainability and clean energy. Comparable thesis but smaller and earlier-stage than Systemiq Capital.

Broad incumbents

• Amazon Climate Pledge Fund: Corporate venture vehicle from Amazon investing in climate-tech companies across the life cycle. Not a venture-stage specialist, but a frequent co-investor in the same Series A deals as Systemiq Capital.
• Hitachi Ventures: Corporate venture arm of Hitachi investing in industrial, energy and infrastructure-tech. Frequently co-invests alongside Systemiq Capital (e.g., Archetype AI), providing a useful incumbent benchmark for the firm's corporate LP/co-investor strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/systemiq-capital-earth

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Systemiq capital