About This Fund
EQT Foundation Fund is the dedicated impact investment vehicle of EQT Foundation, the philanthropic entity established as a long-term shareholder and strategic sponsor of EQT Group, one of Europe's largest alternative investment organizations. The fund launched investment activity in 2021 and operates as an evergreen vehicle — with no fixed fund term — providing catalytic, patient equity capital to early-stage companies developing breakthrough scientific and technological solutions to systemic challenges in climate and nature, health and wellbeing, and equality of opportunity. The EQT Foundation Fund is managed by EQT Foundation, headquartered in Stockholm, Sweden, and draws on the full resources of EQT's global network of senior industry executives, operational advisors, and sector specialists to support portfolio companies beyond capital alone.
The EQT Foundation Fund's investment thesis is organized around three impact pillars. The Climate & Nature pillar targets companies that measurably reduce greenhouse gas emissions, remove carbon from the atmosphere, restore degraded ecosystems, or develop nature-based solutions with verified additionality and commercial scalability. The Health & Wellbeing pillar backs innovations in biotechnology, digital health, diagnostics, reproductive health, and medical technology that improve human health outcomes at scale — including companies addressing underserved medical conditions and healthcare equity gaps. The Equality of Opportunity pillar invests in companies that broaden access to quality education, skills development, economic mobility, and professional opportunity across underrepresented communities. The fund employs a catalytic capital approach, deliberately accepting higher early-stage risk in exchange for the potential for transformational, durable societal impact. Individual investments range from early seed-stage to growth equity, with the Foundation Fund typically acting as a minority co-investor alongside mission-aligned venture capital and impact funds.
The EQT Foundation Fund portfolio spans more than 24 active companies across its three impact themes. Notable Climate & Nature investments include Living Carbon (engineered trees for enhanced carbon sequestration), Made of Air (biochar-based carbon-negative building materials), Noya (direct air capture technology integrated into industrial cooling towers), Patch (enterprise carbon credit procurement and management platform), Ducky (corporate carbon footprint measurement), and Qarbotech (agricultural carbon capture innovation). Health & Wellbeing investments include Vara (AI-powered mammography screening for breast cancer detection), Fertifa (fertility and family-forming employee benefits), ClexBio (scaffold-free bioprinting platform for tissue engineering), Biographica (AI-driven drug discovery), Molecular Attraction (targeted RNA delivery), Videm (digital therapeutic for chronic pain), and Syngular Technology (biosensor diagnostics). The portfolio reflects EQT Foundation's commitment to backing companies at stages where foundation capital can materially improve development timelines and long-term impact outcomes.