Niels Wage, Founder of Perpetual Next

About Niels Wage

Niels Wage is the CEO of Perpetual Next, an Amsterdam-based climate tech company. Perpetual Next upgrades biological waste streams into renewable raw materials like bio-carbon and green gas. Founded in 2019 by Momentum Capital through the merger of existing climate tech portfolio companies, Perpetual Next raised €320 million ($337 million) in a Series A financing round in June 2022 to fund technology acquisitions and carbon removal projects. The company's mission is to prevent climate change by reducing CO2 emissions and extracting CO2 from the atmosphere.

Niels Wage at a glance

• Company: Perpetual Next
• Total raised: $337M
• Latest round: Series A
• Investors: Momentum Capital
• Location: Amsterdam, Netherlands

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