# Partners in Clime

Partners in Clime is a Private Equity based in Stuttgart, Germany.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Stuttgart, Germany
- **Region:** Europe
- **Address:** Stuttgart, Germany
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** partners-in-clime.com
- **LinkedIn:** https://www.linkedin.com/company/partners-in-clime

## Regulatory record

- **Reports private funds:** No

## About

Partners in Clime is a Business Angel Club located in Germany focusing on European Green Tech startup investments. They co-invest with angels and VCs in pre-seed and seed climate startups, providing curated dealflow, due diligence, and founder support. Investment partners can join deals from EUR 10,000 with the firm investing its own capital alongside them.

## Sectors

- ClimateTech
- AgriTech & FoodTech
- Energy Transition & Renewables
- Mobility & Transportation
- PropTech
- Robotics & Automation
- Carbon Removal

## People

- 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

## 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.

## Related profiles

- [Partnership Fund for New York City](https://altss.com/profile/partnership-fund-for-new-york-city)
- [Partners in Equity](https://altss.com/profile/partners-in-equity)

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Last updated: 2026-08-11T15:07:41.444Z

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