Buildings & Industry startup ecosystem

C Contrarian Ventures

Contrarian Ventures is a pan-European seed-stage climate tech fund founded in 2017 and headquartered in Vilnius, with a secondary office in London. The fund exclusively backs startups targeting the sources of 77% of global greenhouse gas emissions — energy, transport, buildings, and heavy industry — deploying €1–4 million per initial ticket. Its second fund closed at €100 million in 2022, making it one of the largest dedicated climate VC vehicles out of the Baltics. The portfolio spans over 28 companies across 11 countries and skews 60% software-first, with the remaining 40% split between hardware-enabled software and deep tech hardware.