Rockstart 2023 Wrap-Up

2023 was a big year at Rockstart! From welcoming new founders to our ecosystem to launching a second AgriFood fund, we were able to strengthen our commitment to supporting purpose-driven founders. As we gear up for 2024, let’s take a look back:

36 startups join the Rockstart ecosystem 

In Europe throughout Spring 2023, 15 startups joined our thriving ecosystem in AgriFood, Energy, and Emerging Tech. Fall 2023 brought an additional 11 trailblazing startups into the Rockstart portfolio, fostering a diverse community of forward-thinkers and pioneers. In LATAM, another 10 startups recently received investments from Rockstart throughout the fall.

Notable funding rounds for several Rockstart portfolio companies

Our portfolio companies have had an active year across different sectors. In Emerging Tech, Molecular Quantum Solutions raised a €600k pre-seed round to bridge the gap between laboratories and quantum chemistry. Meanwhile, in AgriFood, Nanomik Biotechnology secured an €800k seed round to expand the use of biological plant protection.

Within our Energy domain, Circadian secured €1.25M, focusing on challenging markets in Africa. obtained €3.5M to advance carbon removal technology, while Helio made waves in cloud computing, raising an impressive €4.9M. Additionally, Dexter Energy secured a substantial €10.5M in Series B funding, further propelling the energy transition toward a fully renewable power system.

Ørsted Propel: A continuing collaboration for four startups 

Following the Ørsted Propel program, co-led by Rockstart and Ørsted, four outstanding startups—Geyser Batteries, phelas, RFC Power, and suena—continue their journey in collaboration with Ørsted. These ventures showcase the creativity and dedication vital to propelling sustainable energy solutions forward.

Anne Mette Frejsel joins as COO

We welcomed Anne Mette Frejsel as our new COO, bringing over a decade of experience in strategy, sales, and operations to collaborate closely with our CEO, Rune Theill, and the entire Rockstart team as we gear up for our next growth phase.

Launching Rockstart’s AgriFood Fund II

With a focus on a regenerative future, we unveiled AgriFood Fund II, aiming to close at €50M. Supported by trusted partners like EIFO, De Hoge Dennen, and Danish Agro, this fund is prepared to invest in up to 50 startups over the next 5 years, amplifying sustainability and creative solutions in the agricultural sector.

As we move forward, Rockstart remains committed to fostering creativity and supporting purpose-driven founders. The achievements of 2023 set the stage for an even more impactful journey ahead. We’re dedicated to nurturing collaborations, propelling founders forward, and continuing our mission to drive positive change globally.