Investor

Inclimo

inclimo.com ↗ ·Barcelona ·Early stage ·Actively investing

Inclimo is a Barcelona-based venture capital fund investing in early-stage European Climate Tech companies, targeting Seed, Pre-Series A and Series A rounds. It focuses on startups delivering measurable decarbonization impact across Utility Tech (energy & water), FoodTech, AgroTech, Circular Economy, PropTech and Sustainable Mobility, and is the first fund managed by The Climate Hub SGEIC, classified as Article 9 under EU sustainability taxonomy.

Portfolio

Team

AUM

€33.6M

Rounds

Cheque

€0.1–2M

SectorsUtility Tech (Energy & Water), FoodTech, AgroTech, Circular Economy, PropTech, Sustainable Mobility VC MapSeries A

Profile updated 18 Jul 2026

Team

Partners 3 Investment Team 3 Others 1

Alejandro (Alex) Pardo Pérez

Co-founder & General Partner

Fernando Casado Cañeque

Co-founder & General Partner

Gerard Olivé

Co-founder & General Partner

Portfolio companies 11

Energiot

energiot.com

Company Seed Barcelona

Floox

flooxpower.com

Company Series A L'Hospitalet de Llobregat

Company Series A Barcelona

Heydiga

heydiga.com

Company Seed Barcelona

oceanecostructures.com

Company Series A Barcelona

Recovo

recovo.co

Company Seed Barcelona

ScrapAd

scrapad.com

Company Series A Eibar

Tennders

tennders.com

Company Series A Barcelona

Tether

tetherev.io

Company Pre-seed Barcelona

Funding rounds 10

HeyDiga · Other

Conversational-AI startup HeyDiga was one of four companies (with Flipflow, Mathew and Ruit) in Decelera's 2026 Menorca batch, which deploye…

2026-06-23

Floox · Other · €2M

Catalan designer-manufacturer of 7–400 kW DC fast chargers raised €2M led by Inclimo, with Generalitat vehicle Avançsa, to fund European cer…

2026-06-18

Energiot · Other · €1.5M

IMB-CNM/CSIC spin-off making self-powered, battery-free piezoelectric sensors that digitalize power grids (users include Iberdrola, REE, Ene…

2026-06-02

ScrapAd · Series A · €6M

ScrapAd, a B2B digital marketplace for trading recyclable metals operating in 47 countries, raised a €6M Series A co-led by Inclimo Climate …

2025-12-01

Hamelyn · Series A · €2M

Hamelyn, which buys and resells second-hand books, music, films and video games, raised over €2M led by climate impact fund Inclimo Climate …

2025-07-09

Ocean Ecostructures · Seed · €3M

Barcelona-based Ocean Ecostructures raised €3M led by Seven Seas Capital, with existing shareholders Ship2B Ventures (via its BSocial Impact…

2025-06-25

Tether · Pre-seed · €1.3M

Barcelona climate-tech startup Tether, founded in 2023 at Norrsken Barcelona, raised a €1.3M pre-seed (reported as $1.5M in Spanish press) c…

2025-06-20

HEMAV Technology · Series A · €8M

HEMAV raised €8M co-led by Dutch funds Future Food Fund and PureTerra Ventures together with Spanish climate fund Inclimo, with no single le…

2024-12-09

Ocean Ecostructures · Seed · €1.6M

Ocean Ecostructures, which installs biomimetic micro-reefs that turn port and marine infrastructure into biodiversity hotspots, closed its f…

2023-11-23

Tennders · Series A · €1.5M

Freight-management platform Tennders, founded in 2021, announced a first close of €1.5 million on a Series A targeting €5 million in total, …

2023-11-07

News & media 7

Published	Article
2026-06-01	Energiot closes a €1.5 million round led by Inclimo to digitalise power grids with battery-free sensors ↗ Capital-Riesgo.es
2025-10-08	Inclimo Climate Tech Fund successfully closes its first fund at €33.6 million and consolidates a leading portfolio in climate innovation ↗ Capital-Riesgo.es
2025-07-09	Inclimo Climate Tech Leads €2 Million Funding Round in Hamelyn to Scale Its Circular Economy Model ↗ Capital-Riesgo.es
2025-06-25	Ocean Ecostructures closes €3 million funding round with Seven Seas Capital, Ship2B Ventures, and Inclimo Tech Fund ↗ Capital-Riesgo.es
2025-03-07	Building Europe's climate tech future: Insights from Inclimo's GP Fernando Casado ↗ EU-Startups
2024-12-09	Barcelona-based HEMAV raises €8 million to advance AI-driven sustainable agriculture ↗ EU-Startups
2023-05-24	Inclimo Climate Tech Fund I lands in Barcelona to invest €40 million in 25 early-stage startups ↗ Novobrief