Planetary Impact Ventures

The Investment Committee is chaired by Co-Founder Annette Hartvig Bohé and includes Founder Thomas Høgenhaven, Oliver Vassard, and Senior Advisor Martin Møller. Day-to-day investment execution sits with Partner and Investment Director Morten Koefoed and Investment Manager Mikkel Lehmann. The full team of 13 includes partners, board members, and a fund director who handle separate governance, board oversight, and fund operations.

Planetary operates two evergreen vehicles: a Venture Fund that takes equity in companies across agtech, foodtech, and circular economy, and a Soil Fund that acquires conventional farmland and leases it to regenerative operators. Both funds carry no carried interest and no fixed termination date. Investors can exit individually after five years, but the funds themselves are designed to hold assets permanently — a structure the firm argues eliminates pressure for short-term exits at the expense of impact.

The firm draws on deep networks in Denmark's organic and regenerative-agriculture community, including its founding connection to organic-food company Aarstiderne. It also builds co-investor and operator relationships through community events, and the Soil Fund creates its own deal flow by acquiring land and matching it to proven regenerative-farming operators. This combination of sector embeddedness and direct asset origination gives it a pipeline that traditional VC screens would miss.

Planetary makes only direct investments — equity stakes in startups through its Venture Fund and direct land acquisitions through its Soil Fund. It does not operate as a fund-of-funds or make LP commitments into other managers. Its structure is closer to a holding company for regenerative assets than to a diversified fund-of-funds allocator.

The firm invests at early stages, from pre-seed through Series A, with a buy-and-hold approach. Specific ticket sizes are not disclosed, but the total Venture Fund deployment of DKK 120m across roughly 15 portfolio companies since 2020 implies initial cheques in the low single-digit millions of Danish kroner. The Soil Fund makes larger, land-acquisition-scale investments — the 2025 and 2026 acquisitions involved 22 and 70 hectares, respectively, plus buildings.

The firm has not publicly disclosed the identity or origin of its limited partners' wealth. Its website describes participation from 'aligned investors' and notes a conversion to a Danish K/S structure in 2023 with fund administration handled by Embankment, but no individual or family wealth source is named.

Both funds fall under the same umbrella firm, Planetary Impact Ventures A/S, and share the same Investment Committee and leadership. However, the Soil Fund has its own asset-class-specific governance: the decision to acquire a given property is tied to the identification of a capable regenerative operator willing to lease and manage the land under conversion, and the fund holds the land directly while the operator runs the farming business. This creates a separation between asset ownership and operating risk that differs from the equity-stake model used in the Venture Fund.