Behind 2150 is, among others, Danish Jakob Bro, who was one of the angel investors in Spacemaker.
The Danish-founded fund with offices in London and Copenhagen invests in start-up companies to help make cities more climate-friendly and smart. It is aimed at projects in construction and infrastructure. Everything from materials, automation and sensor technology that makes buildings more energy efficient, to solutions for innovative infrastructure and micromobility that cuts climate emissions.
2150 has a total investment capital of 238 million Euros in its Urban Tech Sustainability Fund. The fund now receives a solid replenishment from the Norwegian major investors Nysnø and Ferd, which contribute 80 million Euros each, a total of around 158 million Norwegian kroner.
– Half of the world’s population lives in urban areas, and it is expected that this will increase to thirds in 2150. With this comes enormous climate challenges. By investing in scalable and sustainable climate technology, which meets many of these challenges, 2150 helps with solutions in one of the sectors that especially help with climate change, says investment director for Nysnø’s fund-of-fund investments, Lars Hvam in a press release.
2150 invests mainly in Europe, and has had Norwegian trade as a strategic focus area. This is shown, among other things, by a large volume of interesting sustainability startups in the Norwegian trade.
Investment Director Erik Bjørstad in Ferd Impact Investing believes that 2150 impresses in several areas. He points out that the team has extensive international experience.
– I also have many good investments on the merit list, and the team has put in and solid work in the fund’s sustainability strategy. We believe the portfolio companies to 2150 will make a significant positive difference and provide a financial return. We hope we can contribute along the way, says Bjørnstad.
Among the partners and founders of the 2150 fund is Jacob Bro, former product manager at the startup factory Rocket Internet. He was an angel investor in several entrepreneurial companies, including the Norwegian proptech company Spacemaker, which was sold to Autodesk for over billions of Norwegian kroner.
Bro points to companies such as Carbon Cure, Nodes & Links, Normative and Aeroseal in the 2150 portfolio – as examples of projects that show that the fund is well on its way to helping support solutions for more sustainable cities. Heating and cooling of buildings, work against air pollution and resource-efficient building technology are some of what Bro mentions as «focus areas».
In addition to Ferd and Nysnø, NREP, Christian Augustinus Industries, Fredensborg, Novo Holding and the Danish government investment fund Vækstfonden are in 2150.