-64%

est. 2Y upside i

Climate TechSeries B

Stage: growth. Country: Denmark

Rank

#3796

Sector

Climate Tech

Est. Liquidity

~5Y

Data Quality

Data: Low

Given the lack of a current valuation, stale round data, recent write-down, and high competition, the expected upside over 2 years is strongly negative (-64%).

Last updated: July 3, 2026

Bull (10%)+40%

Strong adoption drives revenue to $80M by 2028; exit multiple expands to 4x on category leadership and IPO window, but dilution and entry valuation limit upside to 40%.

Base (40%)-45%

Revenue grows modestly to $60M; exit multiple compresses to 2.5x due to competition and lack of profitability; dilution subtracts 20pp, resulting in -45%.

Bear (50%)-100%

Revenue declines or stagnates at $45M; exit multiple falls to 1.5x; exit value below $84.2M preferred stack leads to total loss for common stock.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

4210%

Total funding of $84.2M represents 42% of assumed $200M valuation, giving preferred holders a large overhang.

Dilution Risk

high

Likely need to raise capital within 2 years given no new round since 2023; down-round risk is significant.

Secondary Liquidity

none

Secondary implied valuation is null; no active secondary market observed.

All — 1 role

View all 1 open roles at Agreena →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Agreena's data — designed to show you've done your homework.

  • 1

    “How does Agreena plan to defend against large agribusinesses like Bayer and Cargill entering the carbon credit space?”

  • 2

    “What is the company's current cash runway and when do you anticipate needing to raise additional capital?”

  • 3

    “Given the recent write-down, how does management view the path to profitability and liquidity events?”

Community

Valuation Sentiment

Our model estimates -64% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.