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 a dedicated investment initiative of NextEnergy Group, established to support the growth of climate tech startups. Founded with a mission to address pressing environmental challenges, NextSTEP operates from its bases in London and Milan. The firm emphasizes sustainability and innovation, providing both funding and hands-on support to help founders transform their ideas into viable businesses. With a focus on early-stage investments, NextSTEP has successfully deployed EUR 1M across a portfolio of 10 startups, demonstrating its commitment to fostering innovative solutions in the climate tech sector.
NextSTEP's affiliation with NextEnergy Group, a prominent global renewable energy investment manager, enhances its reputation and operational capabilities. The firm is recognized for its strategic approach to investment, leveraging the extensive resources and industry connections of its parent company. This relationship not only provides NextSTEP with a robust network of industry experts but also opens doors for potential commercial partnerships within the renewable energy sector. The firm is actively engaged in the market, with plans to continue its operations through at least 2025, as indicated by its ongoing accelerator programs and investment activities.
NextSTEP specializes in early-stage investments in climate tech businesses, with a particular emphasis on sectors such as AgriTech, Circular Economy, Energy, Mobility, and Water. The firm offers flexible equity funding options and operational support to help startups navigate the complexities of bringing innovative solutions to market. Their startup studio model guides companies through critical phases including ideation, discovery, validation, and launch, ensuring that founders receive the necessary resources and mentorship to succeed.
NextSTEP seeks to invest in startups that demonstrate a strong commitment to environmental sustainability and innovative approaches to addressing climate-related challenges. The firm is particularly interested in businesses that can provide scalable solutions and have the potential for significant impact in their respective sectors. By focusing on these key areas, NextSTEP aims to capitalize on the growing demand for sustainable technologies and practices, positioning itself as a leader in the climate tech investment landscape.
NextSTEP's portfolio includes a diverse range of innovative companies that are making significant strides in the climate tech sector. Notable investments include:
With a total of 10 companies in its portfolio, NextSTEP is committed to supporting startups that align with its mission of promoting environmental sustainability and innovation.
To pitch NextSTEP, founders should visit their application page at nextstepaccelerator.com/apply-now. They prefer structured applications that clearly articulate the startup's vision and sustainability impact. Warm introductions are beneficial but not mandatory.
NextSTEP operates a single accelerator program designed to support early-stage climate tech startups. This program provides funding, mentorship, and access to a network of industry experts. The accelerator runs cohort-based rounds, allowing startups to benefit from structured support as they develop their business ideas. Founders interested in applying can find more information on their website.
NextSTEP invests in early-stage companies, specifically at the Pre-seed, Seed, Seed+ (Extension), and Series A stages. This focus allows them to support startups from their initial concept through to more developed phases of growth.
Founders interested in pitching to NextSTEP can apply through their official pitch URL at nextstepaccelerator.com/apply-now. The firm encourages applications that clearly outline the startup's vision, sustainability impact, and business model.
NextSTEP primarily focuses on climate tech sectors, including AgriTech, Circular Economy, Energy, Mobility, and Water. They seek innovative solutions that address environmental challenges and promote sustainability.
The specific check sizes for NextSTEP are not disclosed, but as a corporate-backed accelerator, they typically provide smaller investments aligned with accelerator funding models.
NextSTEP has a global investment focus, with particular emphasis on Europe and the United Kingdom. This geographic scope allows them to tap into a wide range of innovative climate tech startups.
The application process for NextSTEP involves submitting a pitch through their online platform. They operate cohort-based accelerator rounds, which means that applications are reviewed periodically as new cohorts are formed.
NextSTEP offers hands-on support and strategic guidance to its portfolio companies. This includes access to a network of industry experts and potential commercial partnerships through NextEnergy Group, enhancing the growth prospects of their startups.
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.