What does Pale Blue Dot do?

Pale Blue Dot is a seed-stage venture capital firm located in Malmö, Sweden. Founded in 2020, the firm focuses on investing in climate tech startups that aim to address the climate crisis. With a small team of 1-10 employees, Pale Blue Dot manages at least two closed funds, with sizes reported at €53M and €87M. The firm specializes in early-stage investments, often leading deals with check sizes ranging from $100K to $3M. Its primary investment focus is on climate tech, but it also has interests in life sciences, consumer products, and business services. Pale Blue Dot primarily targets companies in Europe and the United States, seeking around a 10% shareholding in its portfolio companies. The team includes founders Hampus Jakobsson, Heidi Lindvall, and Joel Larsson, along with Ida Vig, who oversees people and operations. The firm supports remote work and aligns its mission with the UN Sustainable Development Goals.