VKR Holdings is a cornerstone investor of the venture partnership’s Fund 1, which will back early-stage companies developing technologies designed to alleviate climate change.

Kompas, a Denmark-headquartered venture capital partnership managed by former corporate venturers Sebastian Peck and Talia Rafaeli, has formed a $160m first fund anchored by building materials manufacturer VKR Holding.

Kompas’ Fund 1 will target late seed to series A-stage startups across Europe, Israel and the United States working on smart city, climate, enterprise software and industrial automation technologies applied in the real estate, construction and manufacturing sectors. The initial ticket size will be between $1m and $5m per deal.

Netherlands-based…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.