Course Corrected VC

About Course Corrected VC

Course Corrected VC is a Stockholm-based climate-tech venture capital firm founded in 2021 by three female general partners, Kerstin Cooley, Katja Bergman and Christine Ahlstrand, each carrying more than a decade of prior VC investing and climate-sector operating experience. The firm is headquartered at Artiljerigatan 25 in Stockholm and operates as an independent venture capital manager rather than a corporate captive or family office. Total assets under management disclosed as of December 2024 stand at approximately €65 million for Fund II first close (SEK 720 million, with a target final close of SEK 1 billion). A Fund I vehicle preceded it and is reported by the firm to have backed 16 climate-tech companies. Course Corrected VC Fund II first close was anchored by the European Investment Fund under the InvestEU envelope, Saminvest (the Swedish state fund-of-funds), SEB Pension och Försäkring, SEB Stiftelsen and at least one undisclosed Swedish foundation. The firm is a registered AIFM.

Investment thesis

Course Corrected VC is a thesis-driven early-stage climate-tech venture capital firm investing across Seed and Series A rounds with selective follow-on capacity into Series B. The strategy targets companies addressing climate change through four primary verticals: electrification covering mobility, aviation and grid, energy efficiency and energy infrastructure, sustainable industrial technologies covering cement, steel, chemicals and materials, and carbon capture, utilisation and storage. Geographic focus is primarily Nordic across Sweden, Denmark, Norway and Finland, with selective European and trans-Atlantic deals where the technology is exceptional. Cheque sizes are not formally published but observed lead-investor positions range from approximately €1 million to €5 million at Seed and Series A. The limited partner base is institutional-anchored with the European Investment Fund as cornerstone alongside Saminvest and SEB Pension, giving the fund a clear Article 9 SFDR profile under EU sustainable-finance regulation.

Recent activity

Recent investments include Skye in energy efficiency and industrial autopilot (2025), Cosmic Aerospace in electric aviation (2024), Renasens in textile recycling (2024), Hyperion Robotic in concrete 3D printing (2024), Engrate in energy integration software (2024), Cloud Cycle in concrete digitisation (2023), Modvion in laminated-wood wind towers (2023), Echandia in maritime electrification (2023) and Globhe in drone-based earth observation (2022). Earlier Fund I positions include 1s1 Energy in green hydrogen, PaperShell in bio-based materials, Plant in construction carbon accounting, Petgood in insect-protein pet food and Holyvolt in energy storage. The firm has not publicly disclosed any exits to date.

Frequently asked questions

What investment strategy does Course Corrected VC focus on?

Course Corrected VC focuses on VC strategies in the private equity space.

How many portfolio companies does Course Corrected VC have?

Course Corrected VC has 18 active portfolio companies and 2 funds tracked on GP Intel.

Where is Course Corrected VC headquartered?

Course Corrected VC is headquartered in Stockholm, Sweden.

When was Course Corrected VC founded?

Course Corrected VC was founded in 2021.

What sectors does Course Corrected VC invest in?

Course Corrected VC invests across Energy, Industrials.