• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deals search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Unquote
  • DACH

Newly launched Utopia Capital aims to deploy EUR 10m-plus by 2028

Christian Schroeder of Utopia Capital
Christian Schroeder, Utopia Capital
  • Ero Partsakoulaki
  • 26 April 2023
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  

German angel investor Christian Schroeder has launched Utopia Capital, a new investment vehicle targeting early-stage technology companies addressing climate change, world hunger, health and poverty.

The firm hopes to invest more than EUR 10m in new deals over the next five years via its balance sheet and the returns its founder has secured on various investments, Schroeder told Unquote. The former investment director at Germany-based venture capital firm Global Founders Capital and founder of venture firm 10x Value Partners, said he is not planning to launch a fund for Utopia Capital in the next two years.

Having completed five investments since 2022, the firm is at the due diligence stage before closing a deal with a Germany-based startup developing technology to reduce consumption in container ships through changing the chemical structure of the fuel, he said.

Utopia Capital

  • Target:

    EUR 10m

  • Launched:

    2023

  • Focus:

    Early-stage tech companies addressing humanitarian issues

  • Fund manager:

    Angel investor Christian Schroeder

Utopia Capital will deploy between EUR 100,000 and up to EUR 500,000 per deal in early-stage companies, including some pre-seed and seed investments, he added, noting that it will consider co-investments alongside family offices −mostly based in Germany.

Investments
The firm’s impact investment thesis is largely targeting carbon sequestration and climate tech startups, said Schroeder.

“We look for companies that solve big problems in an innovative, novel way that is truly disruptive when it comes to addressing a global humanitarian issue, often providing 10x cheaper solutions than conventionally thought possible,” he added.

The firm has invested so far in US-based plant growth technology company Argarius, which seeks to address world hunger by increasing agricultural crop yields by 10%- 50% through a bio-engineered soil stimulant, as well as UK-based 1010 Solutions, a river restoration company that neutralises pollution by cultivating the dominant native species of river systems using pollutants as nutrients, also sequestering large amounts of carbon and heavy metals.

Other companies Utopia Capital has backed include ArcBuild, which is based in the US and specialises in the delivery of sustainable, cost-effective modular housing solutions, as well as a Norway-based Carbon Crusher, which builds more durable, carbon-negative roads at a lower cost compared to conventional road construction.

The team at Utopia Capital is comprised of founder and CEO Schroeder and venture partner Ziyaad Aboobaker. They are working closely with the investment team of Schroeder’s 10x Value Partners, which invests mostly in revenue-generating software and fintech startups.

Looking ahead, the founder is bullish on the early-stage market, already observing deal flow picking up, especially when it comes to AI, climate and impact tech opportunities.

“There's currently a lot of dry powder prompting activity and driving demand for innovative solutions −that might not even exist today− to solve the problems that humanity is facing,” he said, noting that later-stage deals have slowed down mainly due to the “very high” watermark valuations raised in the last two years.

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • DACH
  • Funds
  • Venture
  • GPs
  • Venture
  • Investments
  • Technology
  • Germany
  • United Kingdom
  • Norway
  • Venture

More on DACH

EMEA Public to Private M&A
Change of mind: Sponsors take to de-listing their own assets

EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater

  • Investments
  • 04 September 2023
EU foreign subsidies regulations
EU FSR could impact PE fundraising with potential rise in ‘clean funds’

FSR could lead GPs to create funds without foreign LPs; red tape around sovereign wealth funds likely

  • Regulation
  • 01 September 2023
Jan Cerny of BHM Group
BHM Group builds on PE strategy, eyes European medtech and renewable energy acquisitions

Czech Republic-headquartered family office is targeting DACH and CEE region deals

  • Investments
  • 01 September 2023
Bettina Curtze of Redalpine
Redalpine expands leadership team amid CHF 1bn-plus fundraise

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

  • Venture
  • 31 August 2023

Latest News

Fund closes in US dollars
  • Funds
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote

  • 05 September 2023
Clinical trials and biotechnology
  • Buyouts
Permira to take Ergomed private for GBP 703m

Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO

  • 04 September 2023
Public sector software
  • Exits
Partners Group to release IMs for Civica sale in mid-September

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

  • 04 September 2023
EMEA Public to Private M&A
  • Investments
Change of mind: Sponsors take to de-listing their own assets

EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater

  • 04 September 2023
Back to Top
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013