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The infrastructure running climate transition runs on software built in 2004.

Meridian Ventures Fund I
Seed Stage, Climate-Infra Software
$180B
legacy ERP spend in grid, water, and energy utilities — 34% flagged for replacement by 2027
Source: Wood Mackenzie 2024
The modernization cycle is live and under-ventured.

Nadia Osei-Amponsah

9 years at Siemens Energy Ventures and Schneider Electric Digital, where she led 14 software evaluations across grid modernization, demand response, and building-grid coordination.

Sourced $220M in corporate VC checks into early-stage climate-infra software companies, building the operator network that now feeds Meridian's deal flow.

Former software product manager at ABB Grid Automation. BS Electrical Engineering, MIT.

7 SPVs. 3 markups. 1 partial exit at 4.1x.

Track Record Portfolio

GridSense
Pre-seed • Grid Analytics
Check: $175K
4.1x realized
Vaultara
Seed • Utility Data Vault
Check: $300K
2.8x marked
Fluxnode
Seed • Demand-Response SaaS
Check: $250K
1.9x marked
AquaPath
Pre-seed • Water Utility IoT
Check: $150K
1.0x cost

Fund I Construction

18 seed checks
Avg $2.2M per check
Follow-on reserve $8M
Q1 2025
First Close $18M
Q2–Q3 2025
Deploy initial checks
Q4 2025
Final Close $40M

Positioning

Operator Depth of GP → Climate-Infra Focus → Meridian BEV Lux Capital Generic Seed
3.1x
Net TVPI target at 10-year horizon
Modeled on 18% ownership at entry, 11% at exit, 3 fund-returners per cohort
Nadia saw GridSense before any institutional check was in the room. That's the edge.
Marcus Lindqvist, Managing Partner
Atoll Infrastructure Partners (LP, SPV co-investor)

Fund Economics

Term Value
Management Fee 2% / 10yr
Carry 20% / 8% hurdle
GP Commit $800K (2%)
First Close $18M Q1 2025
Target Close $40M Q4 2025
Hard Cap $50M
Lead the first close.
Q4 2025