'You can't build on hype cycles': Europe's oldest energy tech VC lifts lid on investment strategy
20 Jul 2026
06:00
Almost two decades ago, SET Ventures chose a thesis that would prove quite resilient to the ups and downs of the clean tech hype cycles.
In this exclusive interview, we sat down with managing partner Anton Arts to discuss:
→ The "orchestration" thesis behind its four fund vintages
→ What worked and what didn't across two decades
→ Why the fund is bullish on new dual-use energy tech
→ Where it is deploying €200m now
In this exclusive interview, we sat down with managing partner Anton Arts to discuss:
→ The "orchestration" thesis behind its four fund vintages
→ What worked and what didn't across two decades
→ Why the fund is bullish on new dual-use energy tech
→ Where it is deploying €200m now
Last week, SET Ventures' exited a firm it first invested in 18 years ago.
General Fusion, the Canadian fusion company, listed on Nasdaq to become the first publicly traded pure-play fusion firm. SET backed it around 2008, when the firm was a small Amsterdam fund called Sustainable Energy Technologies, founded a year earlier by René Savelsberg and Wouter Jonk.