# Endgame Capital

Endgame Capital is an Asset Manager based in Amsterdam, Netherlands.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Amsterdam, Netherlands
- **Region:** Europe
- **Address:** Amsterdam, Netherlands
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** endgamecapital.vc
- **LinkedIn:** https://www.linkedin.com/company/endgamecapital

## Regulatory record

- **Reports private funds:** No

## About

Endgame Capital is an angel syndicate based in Amsterdam, Netherlands. It invests in pre-seed to Series A climate tech companies, focusing on software and hardware solutions to reduce emissions. Investments range from €100K to €1M.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- AgriTech & FoodTech
- Mobility & Transportation
- Advanced Materials
- Circular Economy

## People

- John Mairlot — General Partner
- Jinna Li — General Partner
- Thomas Panton — Founding Associate

## Questions

### Who runs investment decisions at Endgame Capital?

Investment decisions are led by the two General Partners, John Mairlot and Jinna Li. Mairlot brings climate-tech investing experience from Aqua-Spark, where he deployed over €30 million, while Li is a former entrepreneur who founded and exited startups in sustainable packaging. The pair operates as a husband-and-wife team, which the firm states creates full alignment on capital deployment and conviction.

### Does Endgame Capital commit to funds or only make direct investments?

Endgame participates in both direct investments at the pre-seed and seed stages and syndicate-based investments. The firm's website lists a 'Fund Investments' category alongside direct portfolio companies, though it does not disclose fund commitment sizes or the GPs it backs. Direct tickets range between €250,000 and €750,000 per company.

### What is Endgame Capital's minimum impact threshold for a portfolio company?

Every company Endgame backs must demonstrate a technological pathway to reducing at least 50 million tons of CO₂ equivalent per year by 2050. The firm also screens for additionality across social resilience, planetary boundaries, and nature and ecosystem regeneration, but the 50-megaton threshold is its primary quantitative hurdle.

### Which sectors does Endgame Capital explicitly avoid?

Endgame avoids any climate technology that relies on regulation, subsidy, or consumer goodwill for adoption. The firm calls its investment targets 'climate-denier-proof,' meaning it will not back solutions that cannot outcompete incumbent fossil-fuel economics on cost, speed, and performance alone. This functionally rules out many early-stage carbon capture, policy-dependent hydrogen, and premium green-product plays.

### What are Endgame's known co-investment relationships?

The firm's website and public records name SOSV, Hoxton Ventures, and Breakthrough Energy Ventures as co-investors. These relationships appear tied to specific portfolio companies — Hoxton Ventures co-invested in Everbloom, while Breakthrough Energy Ventures is flagged as a Tier 1 co-investment partner for select deals.

### How does Endgame Capital source its deal flow?

Endgame sources through three channels: a scout network of climate-tech experts, investors, and researchers; an operator-LP base of unicorn-scale founders and executives who refer companies; and the INSEAD alumni network, where Jinna Li is active in the INDEVOR global impact community. Li also serves as an ambassador for ClimateHack, a professional network focused on climate innovation.

## Related profiles

- [Endeit Capital](https://altss.com/profile/endeit-capital)
- [Endicott Capital](https://altss.com/profile/endicott-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/endgame-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology