Climate-SAFE
The ClimAccelerator operates under a three-stage process. Companies that are selected to progress to Stage 2 will receive investment from EIT Climate-KIC in the form of our Climate-SAFE.
The Climate-SAFE has been designed as a founder-friendly, and efficient means for Climate-KIC to invest in Europe’s most exciting Climate-tech companies. The Climate-SAFE is a simple agreement for future equity - a convertible investment.
The key terms of the Climate-SAFE are:
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€50,000 value
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24 month long-stop date
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No valuation cap - we don’t want to limit the valuation of any future funding rounds!
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20% discount rate
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No most-favoured nation clause
The Climate-SAFE is structured as a cash + services investment and grants access to the following package of support:
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Access to ClimAccelerator Stage 2 (including €25,000 funding)
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Carbon Impact Forecasting, Modelling and Validation
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Access to ClimateHIVE community
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Fundraising support & connections to Climate-KIC investor network
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Commercialisation Opportunities
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EU Policy & Affairs support
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A dedicated portfolio manager
If you have any questions about this please contact the Climate-KIC Investment team on investments@climate-kic.org