Copenhagen-based venture capital firm Nine Realms has successfully secured €50 million from the European Investment Fund (EIF) for its Fund I K/S, targeting a total of €200 million. This funding will support early-stage companies in the supply chain technology sector, with a strong emphasis on climate and environmental impact, including the blue economy.
With a primary focus on the European Union, Nine Realms plans to allocate at least 70% of the investments within EU countries, with Germany being a key market. The fund aims to address the gap in early-stage funding for supply chain technology startups in Europe, where logistics venture funding lags behind despite the continent’s significant role in the global supply chain industry.
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A Vision for Sustainable Supply Chains
Nine Realms, led by a team with deep expertise in supply chain and venture capital, including the former Managing Partner of Maersk Growth, is committed to investing in technologies that enhance efficiency, resilience, and sustainability in the supply chain sector. The firm’s Managing Partner, Sune Stilling, emphasized the potential of supply chain innovation to drive significant environmental impact, positioning Nine Realms as a key player in the €7 trillion global market.
This investment by EIF underscores the importance of supply chain optimization in addressing climate challenges and supports the VC’s mission to foster transformative technologies that will shape the future of global supply chains.
