# Planetary Impact Ventures Planetary Impact Ventures is a Venture Capital based in Humlebæk, Denmark. ## Overview - **Organization type:** Venture Capital - **Headquarters:** Humlebæk, Denmark - **Region:** Europe - **Address:** Krogerupvej 3C, 3050 Humlebæk, Denmark - **Founded:** 2019 - **Assets under management:** $15M - $25M (Altss estimate) - **Website:** planetary.dk - **LinkedIn:** https://www.linkedin.com/company/planetary-impact-ventures ## Regulatory record - **Reports private funds:** No ## About Founded in 2019 by Thomas Høgenhaven alongside entrepreneurs from organic-food deliverer Aarstiderne, Planetary Impact Ventures runs an evergreen fund structure with no carried interest — a deliberate rejection of traditional private-equity incentive models. The firm operates from Humlebæk, Denmark, and has scaled from a DKK 40m launch vehicle to DKK 120m in its Venture Fund by 2024, plus a parallel Soil Fund that buys and leases farmland. Its mission targets the intersection of organic-regenerative agriculture, biodiversity, and food-system transformation within planetary boundaries. The firm runs two permanent-capital vehicles. The Venture Fund takes equity stakes in European companies across agtech, foodtech, and circular economy, with a distinctive focus on soil health and regenerative agriculture inputs. Confirmed portfolio positions include Earth Rover, a UK-Spain solar-powered weeding-robot company; Elaniti, a UK soil-microbiome analytics platform; Nutrumami, a Danish fermentation-based flavour-enhancer maker; and Re-Genus, a UK microbial-fertilizer developer. The Soil Fund directly acquires conventional farmland and leases it to operators committed to converting the land to organic-regenerative production — demonstrated by the 2025 acquisition of 22 hectares at Køge Fælles Jord and the 2026 purchase of 70 hectares at Lysbønder Haderslev Næs in partnership with Martin Beck and Rasmus Skau. The geographic footprint covers the Nordics, the UK, Belgium, Germany, and the Netherlands. By 2024, the team had grown to 13 named professionals, including Co-Founders Thomas Høgenhaven and Annette Hartvig Bohé (who chairs the Investment Committee), Partner and Investment Director Morten Koefoed, and Fund Director Thomas R. Dünweber. The firm converted to a K/S structure with fund administration at Embankment in 2023. May 2025: Planetary launched the Soil Fund alongside new investments in Elaniti and Re-Genus (per the firm, May 2025). Adjacent activity includes fostering a community of aligned investors and operators through events, walks, and content — treating value alignment between investors and portfolio companies as a structural requirement, not a marketing layer. The firm's structural differentiator is its evergreen, no-carry architecture explicitly designed to withhold time-pressure from the investment process. Portfolio companies remain in the fund indefinitely, and the firm argues that carry structures exacerbate short-term financial-return incentives incompatible with regenerative timelines. Individual investors may exit after five years — a hybrid liquidity mechanism — while the fund itself continues deploying across cycles. This governance choice, coupled with the direct land-ownership vehicle, makes Planetary more akin to a permanent-holding company for regenerative assets than a standard venture fund. ## Sectors - AgriTech & FoodTech - ClimateTech - Real Estate ## People - Thomas Høgenhaven — Founder, Managing Partner, Investment Committee Member - Annette Hartvig Bohé — Co-Founder, Partner and Investment Committee Chair - Morten Koefoed — Partner and Investment Director - Thomas R. Dünweber — Fund Director - Jacob Jelsing — Partner and Chairperson of the Board - Mikkel Lehmann — Investment Manager - Oliver Vassard — Investment Committee Member - Silja Nyboe Andersen — Partner and Board Member - Frederikke Aasted — Board Member - Mikkel Palsby — Board Member - Martin Møller — Senior Advisor and Investment Committee Member ## Questions ### Who runs investment decisions at 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. ### How does Planetary Impact Ventures structure its funds? 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. ### Does Planetary Impact Ventures make direct investments, fund commitments, or both? 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. ### Where does Planetary Impact Ventures' capital come from? 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. ### How is the Soil Fund separated from the Venture Fund in governance and operations? 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. ## Related profiles - [Farvatn Venture](https://altss.com/profile/planet-9-venture) - [Planetary Technologies](https://altss.com/profile/planetary-technologies) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/planetary-impact-ventures Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology