The starting point of that theory of change and our vision is that innovations funded by Matterwave will allow the European industry to become more sustainable, more resilient, more cost-competitive and as a result more successful not only locally but across the
world.

Our strategic objective at Matterwave Ventures is to strengthen European industry by providing access to decarbonization, resource-efficient technologies, fundamental innovation / frontier technologies and digitization & automation. We believe that European industry needs access to all the above to further grow, to keep its sovereignty in geopolitically uncertain times and to lead positive change in the world.

The industrial sector – producing goods through manufacturing, processing, and assembly – is undergoing a profound transformation. Driven by the evolution of environmental necessities and regulations, geopolitical tensions, demographics and market dynamics, this transformation seems inevitable. The stakes are especially high for Europe. The industrial enterprises that it has relied on for centuries to sustain prosperous societies, economic growth, and social stability need innovation to evolve, grow and stay competitive.

In our view, Europe has undeniable strengths and resources – prolific universities and research institutions, motivated entrepreneurs, production efficiency and quality, financially healthy enterprises, and an excellent reputation in the global business world for industrial
goods.

Improving European industry in all aspects leads to optimal usage of available resources such as capital, labour and natural resources, therefore supporting resource efficiency, economic growth and social peace.

European industry has a global position of having to follow the strictest environmental, decarbonization and social regulation, thus ensuring that industrial activity in the region is best possibly aligned with ESG criteria. By strengthening European industry, we strengthen best-in-class ESG alignment, we avoid “offloading” industrial activity to less regulated regions and create a global competitive tension towards better industrial activity.

The Matterwave team has been investing following this vision since 2012 (and before), and in the following we will provide you with some older and some more recent examples that demonstrate our strong positive impact strategy – some investments that fall very obviously into “typical ESG themes” and other industrial technologies which will drive strong positive impact at least as much – if not more.

On the one hand, we do make investments that can be considered typical ESG investments, thus meaning supporting decarbonization, circularity, resource efficiency, biodiversity and pollution reduction. In these cases, we measure KPIs that are scientific, pragmatic and focused on realistic future impact. We do not believe in forcing young, lean companies into reporting frameworks designed for large corporates and rather see them spending their time and talent on creating real impact.

• Electrochaea (invested since 2014)

Revolutionizes the energy sector with its innovative power-to-gas process, which in a first step converts renewable energy into hydrogen through electrolysis. This green hydrogen, along with carbon dioxide, is efficiently transformed into grid-quality renewable synthetic methane by archaea. This breakthrough technology enables the storage and distribution of renewable energy in the form of synthetic methane, offering a sustainable solution for on-demand energy needs. Electrochaea's scalable and disruptive approach addresses the increasing demand for storing renewable energy, displacing fossil fuels with renewable natural gas, and repurposing carbon dioxide to combat climate change. One 10 M We plant can convert 5,700 t of CO₂ a year and produce 2.8m Nm³ synthetic methane – sufficient to heat 2,400 homes or to power 100–120 trucks, preventing this same amount of CO₂(5,700 t/year) from being released into the atmosphere from fossil resources.

• LiveEO (invested since 2021)

Is an Earth Observation company that offers Trade Aware, a platform designed to monitor deforestation in plantations such as cocoa and palm oil. Their services also include vegetation management for longitudinal assets, enabling businesses to track and mitigate environmental impacts in real-time. With LiveEO, organizations can make informed decisions to promote sustainable practices and preserve natural ecosystems.

• Tvarit (invested since 2022)

Developed an AI-driven platform for metal manufacturing processes, which offers a transformative solution that directly addresses key sustainability goals within the industry. By efficiently optimizing energy-heavy manufacturing processes such as die casting, the platform enables significant reductions in both scrap and energy consumption. This not only leads to measurable cost savings for manufacturers but also has a direct positive impact on the environment. Through the implementation of Tvarit’s AI platform, metal manufacturing companies can achieve substantial reductions in CO₂ emissions, amounting to 1,600 Mt of CO₂savings per plant annually.

• Optimuse (invested since 2023)

Developed a software platform that specializes in conducting energetic assessments of real estate portfolios to identify stranded assets and develop sustainable renovation strategies at scale with low data dependency. Through thermal and energy simulation, Optimuse helps organizations save significant amounts of CO₂ emissions across their entire portfolio. By leveraging this platform, businesses can make informed decisions to reduce their environmental footprint and create more sustainable buildings, thereby contributing to a greener future.

• EcoLocked (invested since 2024)

Is a pioneering carbon storage and utilization startup that specializes in creating carbon-neutral building materials using biochar derived from waste biomass. The company plays a crucial role in the fast-growing decarbonization sector by connecting biochar producers with building materials companies. With a goal to remove over 5 Mt of CO₂ annually by 2030 and a cumulative 1 Gt by 2040, EcoLockedis set to make a significant impact in reducing carbon emissions and promoting sustainable practices in the construction industry.

On the other hand, we do invest in companies that have developed technologies that will make key European industries more successful through fundamental innovation / frontier technologies and digitization & automation. Beyond our core objective to change the world via a successful European Industry as described above, many of those investments also do have strong positive direct effects on energy consumption, manufacturing efficiency and overall use of resources.

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• EFFECT Photonics (invested since 2014)

Leverages existing leading-edge microelectronics supply chains to offer affordable, highly integrated connectivity solutions for inter-data center and 5G access networks, enabling energy-efficient(-94%) and high-speed computation in Europe.

• Cybus (invested since 2019)

Offers a cutting-edge data architecture tailored for seamless and secure shop floor connectivity across multiple plants, enabling scalability and enhanced operational efficiency within manufacturing environments. By providing a robust foundation for integrating and managing data streams from various sources, Cybus creates a centralized base data layer that forms the backbone of energy management systems. This holistic approach not only optimizes energy consumption and resource allocation, but also directly impacts emissions reduction efforts. Through the implementation of Cybus’s advanced data architecture, manufacturing plants can effectively monitor and manage energy usage, leading to significant reductions in carbon emissions and overall environmental impact.

Leverages existing leading-edge microelectronics supply chains to offer affordable, highly integrated connectivity solutions for inter-data center and 5G access networks, enabling energy-efficient(-94%) and high-speed computation in Europe.

• Codasip (invested since 2021)

Enables companies to develop uniquely better products and experiences through their custom compute offering, harnessing the full power of RISC-V. RISC-V is the only viable alternative to ARM's monopoly and the computing instruction standard of the future, which makes Codasip a highly relevant supplier for the European semiconductor industry.

• Roseman Labs (invested since 2023)

Enables industrial corporates to combine, link and analyze sensitive information across multiple organizations without exposing any party’s source data. With encrypted computing, users have the strongest guarantees on data minimization, control and security safeguards—addressing strict European privacy rules and the increasing competitive need for data sharing.

• Zeropoint Technologies (invested since 2024)

Delivers more performance per watt in semiconductor devices by compressing and compacting data on all levels of the memory stack, tackling the significant challenges with performance, costs and energy consumption resulting from the limitations of memory technologies. With Zeropoint’s technology, processors can operate more efficiently and thus generate energy savings of up to 80 TWh annually.