Startups creating new materials, including for food industries, can have a significant climate impact, making them interesting targets for the Nordic investment firm Inventure,  partner Tuomas Kosonen said in an interview on the sidelines of the TechChill startup conference in Riga in late April 2022.Inventure is a Helsinki-headquartered seed-stage investor, known for its investments in companies like Wolt and Swappie.**A few key takeaways from Tuomas Kosonen:**We are not an impact investor. We are a pure financial investor, but in the past years, all ESG-related topics have raised their meaning, coming from all also from the portfolio and from LPs. We have to be very aware of all these topics.**That's something that is like super important on the agenda of pension funds, insurance companies, and public money. And, of course, it is super nice to see what kind of impact money can make. So if the big money or institutional investors would not care for it, most of the investors, at least, wouldn't put that much effort into that one. But actually, you might not even qualify for the money, like the LP commitment, if you're not part of that.**Especially what we have done in the past is on new materials, so like, plastic replacement, or like carbon nanotubes. That's something that has a huge environmental impact. So that's something we are now looking for in the coming two years. **Food-related companies will have a direct impact line quite fast, much faster, some material technologies. And then the food, I guess, is superheated as well. Yes, and we have looked at meat replacement companies; unfortunately not invested single one of them yet. There have been some quite interesting ones.