# Emerald Technology Ventures: portfolio, investments and team

> Emerald Technology Ventures is a vc firm based in Switzerland. 69 investments on record, 8 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/emerald-technology-ventures (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Investor](https://millionrounds.com/investors)

# Emerald Technology Ventures

Last cheque observed Sep 2026; 69 cheques on record.

Deploying now VC firm

Seed Series A Series B Energy Materials Water

Deploying now

**62%** of best year **8** **cheques in 12 months**, 69 on record

Since the last cheque **55** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **3 of 69** Sole investor **10 rounds** Exits **1 from the portfolio** Mostly in **United States, 27%**

Pitch Emerald Technology Ventures

## Emerald Technology Ventures highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Venture and Series A: 58% of its rounds
- 03 Sole investor in 10 rounds, median $5.0M
- 04 1 exits from the portfolio

## What they do

> We invest in sustainable industrial innovation From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Energy Materials Water
- **Based in:** Zurich, Switzerland
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **69 appearances**

- **2026** 7 rounds
- **Sept** **[NLM Photonics](https://millionrounds.com/company/nlm-photonics)** Venture · US **Undisclosed** With 3 others
- **Jul** **[Alva Industries](https://millionrounds.com/company/alva-industries)** NO · Firms' own news pages **$18M** *Led*
- **Jul** **[Vytal](https://millionrounds.com/company/vytal)** Venture · DE **$16M** With 3 others
- **May** **[Thea Energy](https://millionrounds.com/company/thea-energy)** Series B · US · TechCrunch **$100M** With 16 others
- **May** **[SG Enviro](https://millionrounds.com/company/sg-enviro)** Venture · SG **Undisclosed** With 1 other
- **May** **[P2 Science](https://millionrounds.com/company/p2-science)** US · Firms' own news pages **$23M** With 9 others
- **Mar** **[Fido Tech](https://millionrounds.com/company/fido-tech)** Venture · GB **Undisclosed** Sole investor
- **2025** 11 rounds
- **Nov** **[Sofi Filtration](https://millionrounds.com/company/sofi-filtration)** Grant · FI **$1.0M** With 2 others
- **Oct** **[enspired](https://millionrounds.com/company/enspired)** Series B · AT **$17M** With 2 others
- **Oct** **[INERATEC](https://millionrounds.com/company/ineratec)** Venture · DE **Undisclosed** With 2 others
- **Sept** **[Xampla](https://millionrounds.com/company/xampla)** Series A · GB · Firms' own news pages **$14M** With 7 others
- **Sept** **[FREDsense](https://millionrounds.com/company/fredsense)** Series A · CA **$7.0M** With 3 others
- **Aug** **[Waterly](https://millionrounds.com/company/waterly)** Series A · US **$4.0M** Sole investor
- **Aug** **[SG Enviro](https://millionrounds.com/company/sg-enviro)** Venture · SG **$6.2M** Sole investor
- **May** **[Cajo Technologies](https://millionrounds.com/company/cajo-technologies)** Venture · FI **Undisclosed** Sole investor
- **Mar** **[Vytal](https://millionrounds.com/company/vytal)** Growth · DE · Silicon Canals **$16M** With 7 others
- **Feb** **[bNovate Technologies](https://millionrounds.com/company/bnovate-technologies)** Grant · CH **$4.2M** With 1 other
- **Jan** **[StormHarvester](https://millionrounds.com/company/stormharvester)** Series A · GB **$10M** With 4 others
- **2024** 13 rounds
- **Dec** **[Mantis Robotics](https://millionrounds.com/company/mantis-robotics)** Venture · US **$5.0M** Sole investor
- **Dec** **[Embotech](https://millionrounds.com/company/embotech)** Series B · CH **$26M** With 2 others
- **Nov** **[Keto Software](https://millionrounds.com/company/keto-software)** FI · Silicon Canals **$6.8M** *Led*
- **Oct** **[Fido Tech](https://millionrounds.com/company/fido-tech)** Venture · GB **Undisclosed** Sole investor
- **Oct** **[xFarm Technologies](https://millionrounds.com/company/xfarm-technologies)** Series C · CH **$40M** With 4 others
- **Sept** **[NanoGraf Corporation](https://millionrounds.com/company/nanograf-corporation)** Grant · US **$60M** With 3 others
- **Jun** **[Kilimo](https://millionrounds.com/company/kilimo)** Series A · AR **$7.5M** With 3 others
- **May** **[Eologix](https://millionrounds.com/company/eologix)** Venture · AT **Undisclosed** With 1 other
- **Apr** **[Actnano](https://millionrounds.com/company/actnano)** Series C · US **$40M** With 1 other
- **Apr** **[P97 Networks](https://millionrounds.com/company/p97-networks)** Debt · US **$10M** With 2 others
- **Jan** **[Paptic](https://millionrounds.com/company/paptic)** Growth · FI · Firms' own news pages **$4.9M** With 4 others
- **Jan** **[INDRA](https://millionrounds.com/company/indra)** Series A **$4.0M** Sole investor
- **Jan** **[MoviePass (NEW)](https://millionrounds.com/company/moviepass-new)** Seed · US **$1.0M** With 4 others
- **2023** 2 rounds
- **Aug** **[Spotlight](https://millionrounds.com/company/spotlight)** Series A · US · Firms' own news pages **$6.7M** With 4 others
- **Aug** **[sewts](https://millionrounds.com/company/sewts)** Series A · DE **$7.7M** With 2 others
- **2022** 1 round
- **May** **[Meeat Food Tech Oy](https://millionrounds.com/company/meeat-food-tech-oy)** Seed · FI **$8.5M** Sole investor
- **2021** 3 rounds
- **Dec** **[Believer Meats](https://millionrounds.com/company/believer-meats)** Series B **$347M** With 1 other
- **Sept** **[Open Mineral AG](https://millionrounds.com/company/open-mineral-ag)** Series C · CH **$33M** With 1 other
- **Jul** **[DeepSea Technologies](https://millionrounds.com/company/deepsea-technologies)** Series B · GR **$5.9M** With 1 other
- **2019** 2 rounds
- **Oct** **Future Meat** IL · Nocamels **$14M** With 1 other
- **Sept** **[Spear Power Systems](https://millionrounds.com/company/spear-power-systems)** Series B **$15M** With 2 others
- **2018** 1 round
- **Jun** **[Tropic Biosciences](https://millionrounds.com/company/tropic-biosciences)** Series A · GB · FinSMEs **$10M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

CV **Charles Vaslet** Senior Partner i Form ADV

GD **Gina Domanig** Managing Partner i Form ADV

HD **Hans Dellenbach** Senior Partner i Form ADV

MM **Markus Moor** Senior Partner i Form ADV

NC **Neil Cameron** Partner i Form ADV

PH **Philipp Hasler** Investment Director i Form ADV

We also hold **68** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$679M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Emerald Technology Ventures AG
- **SEC number:** CRD 284858

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 3 we have independently watched raise

ESPIF PDF Kara5 Portfolio

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[SynapSense](https://millionrounds.com/company/synapsense)** Bought by Panduit **Undisclosed** May 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$10M** the round, not its cheque Alone, median **$5.0M**

Led 3 of 69 rounds **4%**

- **Sole investor:** 10 rounds
- **Last cheque:** Sept 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Venture *18*
- Series A said *14*
- Series B said *14*
- Series C *6*
- Grant *3*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Nth Power](https://millionrounds.com/fund/nth-power) 6
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 4
- [American River Ventures](https://millionrounds.com/fund/american-river-ventures) 3
- [DFJ Frontier](https://millionrounds.com/fund/dfj-frontier) 3
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 3
- [Siemens](https://millionrounds.com/fund/siemens) 3

**Pitching Emerald Technology Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Emerald Technology Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Nth Power** VC firm **6** rounds together](https://millionrounds.com/fund/nth-power)[**Sequoia Capital** VC firm **4** rounds together](https://millionrounds.com/fund/sequoia-capital)[**American River Ventures** Growth equity **3** rounds together](https://millionrounds.com/fund/american-river-ventures)[**DFJ Frontier** Investment firm **3** rounds together](https://millionrounds.com/fund/dfj-frontier)[**EIC Accelerator** Government **3** rounds together](https://millionrounds.com/fund/eic-accelerator)[**Siemens** Corporate VC **3** rounds together](https://millionrounds.com/fund/siemens)[**ATMOS** Growth equity **2** rounds together](https://millionrounds.com/fund/atmos)[**BASF Venture Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/basf-venture-capital)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**BayTech Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/baytech-venture-capital)[**Crosslink Capital** VC firm **2** rounds together](https://millionrounds.com/fund/crosslink-capital)[**EnerTech Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/enertech-capital)

## Recently backed

The latest companies Emerald Technology Ventures put money into.

[**NLM Photonics** Sept 2026](https://millionrounds.com/company/nlm-photonics)[**Alva Industries** $18M · Jul 2026](https://millionrounds.com/company/alva-industries)[**Thea Energy** $100M · May 2026](https://millionrounds.com/company/thea-energy)[**Fido Tech** Mar 2026](https://millionrounds.com/company/fido-tech)[**Sofi Filtration** $1.0M · Nov 2025](https://millionrounds.com/company/sofi-filtration)[**enspired** $17M · Oct 2025](https://millionrounds.com/company/enspired)

## Mentioned on podcasts

Episodes that name Emerald Technology Ventures in their description, not their title.

- [Inevitable](https://millionrounds.com/podcasts/inevitable) 16 Jan 2024 · 56 min From Chevron to Climate Tech with Barbara Burger With [Barbara Burger](https://millionrounds.com/person/barbara-burger) Mentions [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures)[Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures)[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Apple PodcastsShow page

## Quick answers about Emerald Technology Ventures

### What does Emerald Technology Ventures invest in?

Emerald Technology Ventures invests most often at Venture and Series A (58% of the rounds on record), in sectors such as Energy, Materials and Water.

### How active is Emerald Technology Ventures?

69 investments on record, 8 of them in the last 12 months, and it led 3. The most recent was in Sept 2026.

### What has Emerald Technology Ventures invested in recently?

Its most recent investments on record: NLM Photonics (Venture, Sept 2026), Alva Industries (Jul 2026) and Vytal (Venture, Jul 2026).

### How big are Emerald Technology Ventures's cheques?

The median round it joins is $10M.

### Does Emerald Technology Ventures lead rounds?

Sometimes: it led 3 of its 69 investments on record (4%).

### Where does Emerald Technology Ventures invest?

Most of the companies it backs are in the United States (27%), the United Kingdom (14%) and Finland (14%).

### Is Emerald Technology Ventures investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Emerald Technology Ventures invest alongside?

Most often Nth Power (6 rounds together), Sequoia Capital (4 rounds together) and American River Ventures (3 rounds together).

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