Loading organizations...

§ Venture Capital · Amsterdam, Netherlands
Venture capital firm investing in early-stage startups and growth companies in climate tech, clean technology, and life sciences.
Icos Capital is a venture capital firm based in Rotterdam, Netherlands, that invests in early-stage, expansion-stage, and growth capital opportunities within breakthrough climate tech, technology, life sciences, and clean technology sectors. Its investment focus spans diverse areas such as water technologies, energy efficiency, waste recycling, green materials, food technologies, energy generation, nanotechnology, and biotechnology. Icos Capital manages a portfolio of funds, with one new fund launched in August 2023 and five prior funds now closed, though specific fund sizes remain undisclosed. The firm's leadership includes General Partners Nityen Lal and Peter van Gelderen, with John van Grootel serving as Chair of the Investment Committee and Rudi Dupper as Chief Financial Officer. Among its recent portfolio additions, Icos Capital invested in Plantics. The firm was established in 2005.
Key people at Icos Capital.
Icos Capital has 3 tracked investments across 3 companies. The latest tracked deal is $3.2M Series A in MOA foodtech in June 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 26, 2024 | MOA foodtech | $3.2M Series A | ICOS Capital | — |
| Aug 3, 2021 | Carbon Clean Solutions | $8.0M Series B Extension | — | Gonzalo Galindo, Equinor Ventures, ICOS Capital, Praveen Sahay |
| Jul 26, 2011 | BioActor | $2.9M Series A | — | Hans VAN DER Saag, ICOS Capital, Limburg Ventures, Nedermaas Hightech Ventures |
Icos Capital is a Rotterdam-based venture capital firm specializing in climatetech investments focused on sectors such as food systems, chemicals and materials, sustainable industrial processes, digital technologies, and decarbonization. Their mission is to support ambitious founders addressing urgent environmental challenges by providing capital and a collaborative venturing model that fosters growth and strategic partnerships. They primarily invest in early growth-stage startups across Europe, aiming to accelerate innovation in climate solutions and sustainable technologies[1][5].
Founded in 2005, Icos Capital was established to back breakthrough climate technology startups. The firm is led by key partners including Founder and CEO Nityen Lal, along with other general partners such as John van Grootel and Peter van Gelderen. Over time, Icos Capital has evolved into a premier early growth-stage investor in Europe’s cleantech ecosystem, leveraging over 50 years of combined investment experience and more than 75 years of operational expertise. Their portfolio includes over 40 European technology companies with multiple successful exits via M&A and IPOs[1][2][6].
Icos Capital is positioned at the intersection of rising global demand for climate solutions and sustainable innovation. They capitalize on accelerating market forces such as decarbonization mandates, circular economy trends, and digital transformation in industrial processes. By investing early in promising cleantech startups, they help shape the future of sustainable industries and contribute to Europe’s leadership in climate innovation. Their timing aligns with increasing corporate and governmental commitments to net-zero targets, making their role critical in driving scalable climate impact[1][4][5].
Looking ahead, Icos Capital is likely to deepen its focus on breakthrough technologies that address climate change at scale, including advanced materials, carbon capture, and sustainable food production. Trends such as increased regulatory pressure on emissions and growing corporate ESG commitments will fuel demand for their portfolio companies. Their influence is expected to grow as they continue to bridge startups with strategic corporate partners and expand their collaborative investment model. This positions Icos Capital as a key enabler of Europe’s transition to a low-carbon economy, reinforcing their leadership in the climate tech venture capital space[1][2][6].
Key people at Icos Capital.