Irena Spazzapan leads Systemiq Capital, the climate-tech VC spin-off from the world’s largest pure-play climate advisory firm Systemiq. She built the current team and led most investments in Fund I, including companies like Charm Industrial and Brimstone who are directly involved with CDR. In 2022, Irena led the spin out of Systemiq Capital from Systemiq with a launch of Fund II, continuing to back early-stage companies across the UK, EU and North America. The restoration of climate through carbon and methane removal is one of the fund’s focus areas alongside decarbonisation of hard to abate sectors, climate biotech and Software as a Service (SaaS).
Irena comes from a real assets background, coming to climate tech after spending over 10 years at Goldman Sachs Commodities where she was deeply involved in the first decade of the ETS launch. Irena is also a director with MiQ, the methane certification non-profit that she helped to spin out of Systemiq, and CWP H1 Energy, a major developer of PtX projects, which focus on utilising cheap renewable electricity to produce hydrogen, ammonia, synthetic fuels or for carbon removal.