Nordic Alpha Partners

About Nordic Alpha Partners

Nordic Alpha Partners is a Danish climate-tech growth equity firm with €400 million of assets under management across two funds (NAP Fund II at €266 million / DKK 2 billion closed June 2024, exceeding target and more than doubling Fund I), headquartered in Hellerup, Copenhagen. The firm was founded in 2017 as an independent industrial greentech specialist focused on pioneering hardware-tech companies in scaling phase. Nordic Alpha Partners remains a partner-owned independent firm.

Investment thesis

Nordic Alpha Partners deploys capital through two flagship funds (NAP Fund I and NAP Fund II) targeting industrial greentech growth equity in pioneering hardware-tech companies that have reached the scaling phase. Sector focus spans energy efficiency and inverter technology, sustainable manufacturing, climate and dehumidification tech, agricultural technology, water technology and additive manufacturing, with geographic deployment across Northern and Central Europe (Nordics core plus DACH expansion). The firm's proprietary Economic Sustainability operational toolkit balances capital efficiency against CO2 impact, with cumulative portfolio impact of 1.96 million tonnes of GHG emissions avoided since inception.

Recent activity

Recent realised exits include solar and rooftop solar (Sunroof, 2025) and agricultural robotics (Agrointelli, 2026). Recent acquisitions include battery storage (STABL), climate control (Airwatergreen), industrial heat (Variolytics) and plastics recycling (DyeMansion). The platform continues active deployment of Fund II across the industrial greentech thesis. Detailed buyer names and multiple data available on Pro at €49/month.