Our Team

Malin Carlstrom

Malin Carlström 🇸🇪

Malin is an award winning venture capitalist, having spent the last two decades investing for leading financial and corporate VC funds. She is an engineer with a passion for deep-tech and energy transformation, and she is deeply connected in the Nordic VC ecosystems. Malin has previously worked as an investor at Industrifonden, Verdane, SEB, and ABB, building extensive experience in sourcing, deal-making, portfolio management and exiting. She has realized 5 exits, including one at a 15x multiple

Malin has primarily focused on investing in the Nordics, with a particular focus on Sweden.

The climate problem is an atom based one - and it needs to be solved by frontier, atom based technologies, propelled with software capabilities.
— Malin Carlström
Doerte Hirschberg

Dörte Hirschberg 🇩🇪

Dörte is a seasoned entrepreneur and investor with a strong network, including from her time in consulting with McKinsey. She led the global HR team as well as the incubation programme at Rocket Internet, scaling more than 50 startups from the idea stage to Series A. In addition she built her own SaaS company (IdeaFox) and was part of the global leadership team of the unicorn HelloFresh. Dörte is passionate about increasing diversity in the investor ecosystem and supporting diverse founder teams.

Dörte is primarily focused on investing in DACH and also leads our investor relations efforts in the region.

To really transform high-emitting industries and significantly eliminate emissions, we need to embrace hardware and deep-tech solutions. We bring together the knowledge and courage to support hard tech founders.
— Dörte Hirschberg
Morten Halborg

Morten Halborg 🇩🇰

Morten spent 20+ years in the institutional investing world, the last 15 of which with Swedish pension giant Skandia Asset Management as COO, CIO and CEO. He was one of the pioneers in impact investing in the Nordic pension sector. He has a strong network in the institutional asset management and pension worlds, and has extensive experience with scaling up companies. He has held board roles for many years and enjoys supporting high-growth companies, especially with strategy and fundraising.

Morten has overall responsibility for investor relations, finance and operations (CEO/CFO/COO) while being primarily focused on investing in Denmark.

Mobilising institutional capital to invest in attractive, early-stage, and highly scalable European green innovation is mission-critical if we are to curb climate change in time.
— Morten Halborg
Stefan Maard

Stefan Mård 🇩🇰

Stefan has extensive experience in venture building, impact assessment, and innovation management, especially in the industrial biotech space. During his time at Novozymes he led the development of their climate impact innovation portfolio, the impact assessment & ESG team, an internal impact project incubator, and the most celebrated impact venture (CleanStar Mozambique). One of his teams developed the methodology for early-stage identification of high-impact business opportunities. Stefan also co-founded a corporate impact venturing studio (DIVA Ventures L3C), backed by WBCSD, DSM, Pillsbury, and Novozymes.

Stefan has overall responsibility for our impact-related activities while being primarily focused on investing in biotech opportunities.

The impact space needs investment vehicles that are fully competitive in the market. It’s the only way to bring sufficient leverage to the fight against global warming.
— Stefan Mård