Fabio Lancellotti moved from helping large corporations build new businesses at Bain into venture investing, and he describes deliberately adapting that consulting background into a more founder-side, non-executive style of working with companies. He focuses much of his attention on deeptech and industrial transition sectors like hydrogen, approaching them by first helping stabilize the underlying technology and then shape the industrial product, often looking for a dual business model that funds the harder, more radical part of the technology through earlier, simpler revenue.
About their Fund
Sectors
Climate, Energy, Transportation, Deeptech / Hardware, Logistics
Rounds
Seed - Series B+
Avg Check Size
€500K–€5M
Notable Investments
Aster focuses on hard-to-abate industrial sectors like energy, mobility, logistics, manufacturing, hydrogen, and infrastructure rather than lighter climate software, and has built a niche as a buyer of entire climate-tech portfolios from corporations looking to unwind their venture holdings, as seen in its 2023 purchase of TotalEnergies Ventures' 18-company portfolio. It also runs a Business Hub connecting startups with industrial partners, which it says generated more than 500 contacts and about 20 startup-industrial partnerships in a single year.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
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12
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