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Partners in Clime
As a collective of entrepreneurs, we back green tech founders by providing capital and mentoring. With fair terms enabling them to make choices in favor of...
Partners in Clime
As a collective of entrepreneurs, we back green tech founders by providing capital and mentoring. With fair terms enabling them to make choices in favor of their vision.
General information
Firm type
Private Equity
Year founded
2023
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Stuttgart
Corporate office
Stuttgart, Germany
Principals
Kai Blisch
Managing Partner
Yannick Frank
Managing Partner
Anne Geiger
General Partner
Jens Schmelzle
General Partner
Steffen Abel
General Partner
Till Augner
General Partner
Tobias Rieker
General Partner
Sector focus
Frequently asked questions
Who makes investment decisions at Partners in Clime?
The firm operates as a general-partner collective. Managing Partners Kai Blisch and Yannick Frank lead the group alongside five additional GPs — Anne Geiger, Jens Schmelzle, Steffen Abel, Till Augner, and Tobias Rieker — who jointly source and diligence deals using their own entrepreneurial networks.
How does Partners in Clime source proprietary deal flow?
Because all seven partners are current or former operators, the firm leans heavily on founder referrals from within the European green-tech ecosystem. It does not market a dedicated sourcing team; its model depends on the partners' personal networks and the inbound interest generated by its hands-on mentoring offer.
Does Partners in Clime operate as a traditional venture fund?
No. The firm describes itself as a collective, not a fund, and does not publish a fund size, vintage, or LP structure. Its terms of €100k+ checks with 'founder-friendly' provisions and direct mentoring indicate an angel-style syndicate rather than an institutional blind-pool vehicle.
What is the 'Polar Bears, not Unicorns' investment thesis?
The firm targets companies that achieve both ecological impact and standalone economic viability — what it calls 'polar bears.' It explicitly rejects the unicorn growth model in favor of sustainable unit economics and environmental additionality, filtering out ventures built on fabricated value propositions.
Which sectors does Partners in Clime explicitly avoid?
The firm invests exclusively in green tech and climate solutions. It is unlikely to back ventures in general SaaS, consumer marketplaces, or enterprise software unless the product directly enables decarbonization, biodiversity protection, or resource efficiency — the website portfolio shows no positions outside climate verticals.
Does Partners in Clime participate in follow-on rounds?
The firm does not disclose a follow-on policy. Its positioning as an early-stage, often first-check investor (the website states 'We love to be investor #1') suggests it may reserve capacity for selective follow-ons, but no explicit reserves or later-stage vehicles are public.
Where does Partners in Clime's capital come from?
The source of investment capital has not been publicly disclosed. Because the firm is structured as a GP collective without a reported institutional LP base, it is likely funded by the partners' personal capital with possible co-investment from the angel network referenced on its website (per the firm's public materials, 2025).
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