Course Corrected

Profile

Course Corrected is a venture capital firm based in Stockholm, founded by Christine Ahlstrand, Katja Bergman, and Kerstin Cooley, who all serve as General Partners. The firm has a unique structure promoting shared decision-making among its founders. Course Corrected sets itself apart by focusing on the energy and resource transition, predominantly within the Nordics and Europe, while maintaining a broader perspective that accommodates companies beyond pure climate tech sectors.

The firm invests in pre-seed to Series A stages, primarily targeting companies involved in the energy and resource transition. Their investment themes include industrial optimization, electrification, and resource-smart solutions, along with generation and storage within energy systems. Their second fund, Climate Tech Fund II, closed at €80 million (approximately $88 million USD). Notable LPs include the European Investment Fund, which made a substantial early commitment, likely helping to secure additional backing from pension investors.

Course Corrected has supported several impactful portfolio companies. Notable investments include Holyvolt, which advances battery materials, Tavion, specializing in grid-scale battery storage, and Cosmic Aerospace, which develops electric aircraft. Others in their portfolio are Renasens for textile fiber recovery, Hyperion Robotics for low-carbon concrete, and Longbow Motors focusing on lightweight electric sports cars.