As the year draws to a close, we take this moment to reflect on the ambition, resilience, and innovation demonstrated by the entrepreneurs and partners within our network.
We are deeply grateful to the ETF Partners – The Environmental Technologies Fund community for their unwavering commitment to advancing transformative solutions and accelerating the global transition toward a sustainable economy.
Thank you for your continued partnership and dedication to driving meaningful impact.
Wishing you a joyful holiday season and a dynamic, purpose-driven start to 2026. Here’s to continued progress, innovation, and collective success in the year ahead.
“Quantum error correction is critical. We simply will not reach practical quantum computing without it.”
This assertion, from Abraham Asfaw, Ph.D., Head of QEC Enablement at our portfolio company Riverlane, encapsulates one of the most formidable challenges and opportunities in the pursuit of scalable quantum computing.
In a recent piece by Berenice Baker for Tech Monitor, Abraham offers a compelling perspective on how advancing error correction is central to unlocking the true potential of quantum technologies.
Critically, the piece also helps explain why Riverlane is strategically important for enabling the quantum revolution.
The article explores:
♻️ The mechanisms behind quantum error correction and why it represents quantum computing’s defining technical frontier
♻️ How Riverlane is empowering engineers with the tools and expertise to operationalise error correction at scale
Read the full article HERE.
Last week, we convened our Annual Investor Meeting, an inspiring gathering that underscored the intellectual rigour, visionary thinking, and powerful momentum driving our portfolio forward.
Bringing together our investors and partners offered a unique opportunity to reflect on progress and ambition across our ecosystem.
Our portfolio companies, Open Cosmos, SOS Accessoire, Amber Electric, Shippeo, Net Purpose, Intigriti, Normative.io, AIPERIA, Look Up, Nodes & Links, Urbantz, and Hellas Direct, delivered compelling updates that not only evidenced significant advancement but also articulated bold strategies for shaping a more sustainable future.
The day was also enriched by thought-provoking contributions from our leadership team:
♻️ Rob Genieser and Patrick Sheehan offered deep reflections on our trajectory and the evolving investment landscape.
♻️ Remy de Tonnac shared a discerning macro perspective in The State of the World.
♻️ Claudio Simao illuminated emerging frontiers in The State of Tech.
♻️ Zoe VanderWolk delivering an incisive analysis of portfolio performance, highlighting the quantifiable returns and transformative impact across our portfolio companies
♻️ Lucy Rands provided a nuanced update on ETF Partners’ mission and the dynamics of the sustainability market.
♻️ Fabrice Bienfait and Tomer Strikovsky moderating two two dynamic sessions that illuminate the trajectory of our portfolio—showcasing not merely incremental progress, but the systemic change and market leadership these companies are driving throughout 2025.
Immense gratitude to all who participated and contributed to a day of authentic exchange and intellectual engagement.
The shared commitment to catalysing the next generation of sustainable global champions was palpable, a testament to what can be achieved when vision and purpose align.
Read more HERE.
Investing in the Backbone of a Decarbonised Future
ETF Partners is pleased to announce our investment in Modo Energy as part of its $30 million Series B round, led by Molten Ventures, alongside MMC Ventures and Fred Olsen Limited.
At ETF Partners, we invest in companies that turn climate ambition into tangible, scalable impact. Modo Energy exemplifies this, providing the intelligence infrastructure that’s powering a global shift in how electrification assets are valued, financed, and operated.
By delivering AI-powered, software-defined valuation systems, Modo Energy is bringing transparency and rigour to battery storage and broader electrification markets—transforming how capital flows into the energy transition.
Its platform is already trusted across Europe, North America, and Asia-Pacific, underpinning the benchmarking of over 20,000 MWh of battery capacity and influencing billions in infrastructure investment decisions.
As Tomer Strikovsky, Partner at ETF Partners , noted: “Energy storage is the backbone of a resilient, renewables-led power system, but too often investment decisions are made with incomplete, inconsistent data. Modo Energy is solving that problem at its source by creating the trusted benchmarking and valuation standard that investors, lenders, and operators have been missing, and in doing so, it is unlocking capital for the best projects, faster, and with greater confidence in long-term performance.”
This investment supports the company’s 2030 strategy, including expansion into 20 markets and extending its platform across batteries, solar, wind, data centres, and flexible loads.
It also marks a clear alignment with our mission: sustainability through innovation.
Read more HERE.
Congratulations to our portfolio company Urbantz which has been selected as a finalist at Nuit de la Supply Chain 2025.
Urbantz has been recognised for its pioneering Last-Mile AI Assistant, which enables logistics operators to reconcile performance, profitability and sustainability in last-mile delivery.
As investors, we are proud to support solutions that accelerate the transition to smarter, more sustainable supply chains, and Urbantz is a strong example of this ambition in action.
Public voting is now open for the 2025 Audience Award!
We would greatly appreciate your support for Urbantz – please cast your vote via the link below and help shine a spotlight on innovation that delivers both operational excellence and positive environmental impact.
Read more HERE.
A powerful example of purpose-driven innovation in action.
To mark European Week for Waste Reduction, we’re proud to highlight the tangible impact of the long-standing partnership between our portfolio company, Phenix, and Florette France. Since 2021, this collaboration has enabled the recovery and redistribution of 481,000 meals that would otherwise have gone to waste.
Working closely with local associations across France, the initiative ensures that fresh, high‑quality products reach individuals and families who often cannot afford them. The outcome is both environmentally and socially significant: reducing waste while improving access to nutritious food for those who need it most.
It’s an impressive milestone, and this is only the beginning!
Read more HERE.
Reimagining Environmental Impact through Data and AI
What does the future of sustainability look like when insights from advanced data and artificial intelligence lead the way?
In a recent conversation with Alkistis Kyriakopoulou, Chief Business Officer at DeepSea Technologies, we explored the innovations propelling environmental progress — from leveraging data to drive smarter decision-making, to harnessing the power of AI across diverse industries.
Alkistis reveals which technologies she believes will define environmental innovation in the coming decade, and offers guidance for founders aiming to deliver tangible ROI through sustainability solutions.
Discover her perspective on AI, nuclear, and quantum computing as catalysts for change and how adaptability and resilience are essential for anyone entering the sustainability technology space.
Watch the full video HERE.
We recently had the privilege of speaking with Tzveta Tchorbadjieva, Executive Head of Strategy, Business Development, and Finance at Base Metals, Anglo American.
In this video, Tzveta shares her perspective on how the sustainability landscape has evolved over the past two decades and reflects on the role ETF Partners, has played in championing meaningful progress.
She emphasises that sustainability is no longer a choice; it is now embedded in every discussion and every corporate strategy.
A fascinating conversation on innovation, impact investing, and the future of sustainable business.
Watch the full video HERE
It’s been another month of momentum here at the ETF Partners HQ!
In the latest issue of our newsletter, we celebrate some of the most exciting milestones from our team, across our portfolio and the wider sustainability ecosystem, including…
Ranked 19th among Europe’s top VC firms by Sifted.
Team showcased at CEPSI 2025, Bloomberg, Tech Tour, and the Embassy of Greece in the UK.
Celebrated 20 years supporting sustainability pioneers.
Portfolio News
Six portfolio companies named among Europe’s fastest-growing startups.
Look Up launched France’s first startup-built space radar.
Fairly Made® co-founders listed in Sifted’s 100 Women in Tech.
Open Cosmos partnered with Panasonic for satellite innovation.
Riverlane and Amber Electric featured in the Financial Times.
TravelTime advancing real-time location tech with quantum computing.
Read full newsletter HERE.
As we gear up for the start of hashtagCOP30, we’re taking a look back at some of the fascinating interviews we recorded this year with the most influential voices in sustainability and impact from our portfolio and beyond.
Starting off, we’re sharing this thought-provoking interview with Antigoni Lymperopoulou, CEO of Hellenic Development Bank of Investments. Antigoni shares her thoughts on how sustainability has evolved over the last 20 years, what the future holds for sustainable innovation, and offers vital advice for investors in sustainable companies.
As Antigoni puts it so eloquently, “we live on this planet, it’s our obligation to leave it to our children better, not worse.”
Watch full interview HERE
Wirepas, a trailblazer in our portfolio, is pioneering a bold new model: only pay for meters that connect and perform. Under the leadership of CEO Teppo Hemiä, Wirepas is proving that accountability drives scale and trust.
With over 10 million meters already connected in India, the Wirepas Certified model links verified performance to recurring revenue. No gateways. No guesswork. Just measurable results.
This approach not only reduces the total cost of ownership for utilities but also sets a new benchmark for capital efficiency, sustainable innovation, and investor confidence across the sector.
India’s smart metering ambition is vast with over 300 million meters. And Wirepas is shaping the performance standard that can power the future.
read more HERE.