Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
NextSTEP (Next Energy Sustainable Technology for the Planet) is an investment initiative of NextEnergy Group, established to support the development of climate tech startups. Founded in London and Milan, NextSTEP focuses on capitalizing and growing innovative early-stage startups in the field of Environmental Sustainability. The organization operates with a clear mission to address environmental challenges through innovative solutions.
Currently, NextSTEP manages a portfolio of 10 companies and operates as a corporate-backed accelerator. The firm emphasizes hands-on support and strategic guidance, leveraging its affiliation with NextEnergy Group to provide additional resources and potential commercial partnerships in the renewable energy sector. This operational model enhances the growth prospects of its startups, making it a compelling partner for organizations looking to collaborate on sustainability initiatives.
NextSTEP invests in early-stage climate tech businesses, providing flexible equity funding options and operational support. The accelerator focuses on sectors such as AgriTech, Circular Economy, Energy, Mobility, and Water, ensuring a comprehensive approach to environmental sustainability. Their investment strategy includes stages from pre-seed to Series A, allowing them to engage with startups at various points in their development.
The organization operates a startup studio that guides companies through critical phases including ideation, discovery, validation, and launch. This structured support helps founders transform their ideas into viable businesses. NextSTEP looks for founders who are committed to sustainability and possess innovative solutions that can address pressing environmental challenges.
NextSTEP's portfolio includes notable companies that exemplify its focus on climate tech:
These companies reflect NextSTEP's commitment to fostering innovative solutions that address environmental challenges and contribute to a sustainable future.
Claudio Colombo - Managing Director. Claudio has extensive experience in the renewable energy sector and leads NextSTEP's strategic initiatives.
Aldo Beolchini - Chair of the Investment Committee. Aldo brings a wealth of knowledge in investment strategies and has a strong background in sustainability.
Davide Nielsen - Investment Director. Davide focuses on identifying and supporting promising climate tech startups.
Claudia Abelli - Communication & Marketing Manager. Claudia is responsible for NextSTEP's outreach and engagement strategies.
Michele Catanzaro - Head of Legal. Michele oversees legal matters and compliance for the accelerator.
Dario Rjeili - Investor & Program Director. Dario manages the accelerator's programs and investor relations.
To pitch to NextSTEP, founders should apply through their website at NextSTEP Apply. The pitch deck should include a clear business model, market analysis, and details on how the startup addresses environmental challenges. Founders are encouraged to provide data-driven insights and demonstrate the sustainability impact of their solutions.
NextSTEP typically responds to applications within a few weeks. Warm introductions are beneficial but not mandatory. The accelerator operates cohort-based programs, so timing of applications may align with their scheduled rounds.
NextSTEP runs a single program, the NextSTEP accelerator, which focuses on supporting early-stage climate tech startups. This program provides funding, mentorship, and operational support to help founders develop their ideas into viable businesses.
Eligibility for the program includes startups in the climate tech sector that are in the pre-seed to Series A stages. Founders can apply through the NextSTEP website, where they can find more details on the application process.
In recent activity, NextSTEP has invested EUR 1M across 10 startups, with EUR 590K deployed into 5 CleanTech startups in the UK. The accelerator runs cohort-based programs, indicating ongoing investment activity in the climate tech sector.
NextSTEP is active through at least 2025, as confirmed by sustainability reports from NextEnergy Group and listings on F6S. Their commitment to supporting climate tech startups continues to drive their investment strategy.
What are NextSTEP's investment criteria?
NextSTEP invests in early-stage climate tech startups across various sectors, including AgriTech, Circular Economy, Energy, Mobility, and Water. They focus on companies that demonstrate innovative solutions to environmental challenges.
How can I apply or pitch to NextSTEP?
Founders can apply through the NextSTEP website at NextSTEP Apply. The application process typically involves submitting a pitch deck that outlines the business model, market opportunity, and sustainability impact.
What makes NextSTEP different from other accelerators?
NextSTEP is backed by NextEnergy Group, providing unique access to resources and potential commercial partnerships in the renewable energy sector. Their hands-on support model and focus on climate tech set them apart.
What is the geographic scope of NextSTEP's investments?
NextSTEP has a global investment focus, with a strong presence in Europe and the United Kingdom. They actively seek startups that can operate in these regions.
What is the typical check size for investments?
While specific check sizes are not disclosed, NextSTEP operates as a corporate-backed accelerator, which typically involves smaller investments compared to traditional venture capital firms.
What kind of post-investment support does NextSTEP provide?
NextSTEP offers hands-on support, strategic guidance, and access to a network of industry experts. Their startup studio model ensures that founders receive assistance throughout the development phases of their business.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.