Climate tech is booming thanks to troubles in the European energy sector. Still, the proportion of investments in climate tech has to grow from very low levels, said Sebastian Heitmann, co-founder, and partner at Extantia Capital.

“The goal is to significantly increase this over the coming years,” Heitmann said. “In our world, the current situation is an acceleration. And we see more interest than before.”

Berlin-headquartered Extantia Capital invests primarily in startups developing technology for renewable baseload power sources or carbon capture.

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“At the end of the day, CO2 is a molecule. We cannot blockchain it away,” Heitmann said.

In the NatureBacked podcast of Single.Earth, Tarmo Virki talks with investors and entrepreneurs about their vision of the new green world.

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