Organization · Accelerator
NextSTEP
NextSTEP is a corporate-backed accelerator based in London and Milan, focused on early-stage startups in the climate tech sector. It provides funding and hands-on support to help founders develop sustainable business solutions.
Overview
What NextSTEP does
What NextSTEP is
NextSTEP is a corporate-backed accelerator based in London and Milan, focused on early-stage startups in the climate tech sector. It provides funding and hands-on support to help founders develop sustainable business solutions.
How it participates in the startup ecosystem
The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Accelerator
- Structured capabilities
- Funder · Program host
- Last reviewed
- March 27, 2026
What Accelerator means
An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.
Open the glossary entryOfficial channels
Find NextSTEP elsewhere
Open the official website or a supported primary organization account.
Capability profile
NextSTEP as a funder
Investment thesis
NextSTEP focuses on capitalizing and growing innovative early-stage startups in the field of Environmental Sustainability, particularly in climate tech.
Focus narrative
NextSTEP invests in early-stage climate tech businesses, offering flexible equity funding options and operational support. Their startup studio guides companies through ideation, discovery, validation, and launch phases. Key focus areas include AgriTech, Circular Economy, Energy, Mobility, and Water, ensuring a comprehensive approach to environmental sustainability.
Value beyond capital
NextSTEP adds value to portfolio companies through hands-on support, strategic guidance, and access to a network of industry experts. Their affiliation with NextEnergy Group provides additional resources and potential commercial partnerships in the renewable energy sector, enhancing the growth prospects of their startups.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A
- Regions
- Europe · Global · Uk
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 10
Portfolio context
Notable portfolio companies include: GEVI: Develops vertical-axis wind turbines with AI-enabled control systems for optimized energy output. Byewaste: Provides recycling services for pre-loved items, promoting sustainability. Leafr: Connects businesses with freelance sustainability specialists to enhance their initiatives. Switch: A B2B SaaS platform that improves urban mobility through AI tools. SIEve: Innovates wastewater treatment with a regenerable filter that repurposes hazardous waste. Algapelago: Cultivates sustainable seaweed products for agriculture, aiding carbon sequestration. Snelix: Focuses on sustainable protein production through advanced snail farming techniques.
Capability profile
NextSTEP as a program host
Program thesis
NextSTEP is focused on the capitalization and growth of innovative early-stage startups in the field of Environmental Sustainability, particularly in climate tech.
Focus narrative
NextSTEP invests in early-stage climate tech businesses, offering flexible equity funding options and operating a startup studio that guides startups through ideation, discovery, validation, and launch phases. Their investment focus includes sectors such as AgriTech, Circular Economy, Energy, Mobility, and Water.
Value and support
NextSTEP offers funding, mentorship, and access to a network of industry experts and resources to help startups succeed in the climate tech sector.
Terms and economics
- Indicative investment
- $1,000,000
Availability
- Application state
- Accepting
Focus and fit
- Stages
- Accelerator · Pre-seed · Seed
- Regions
- EuropeUnited Kingdom
Alumni and track record
Alumni context
Notable portfolio companies include GEVI, which develops vertical-axis wind turbines; Byewaste, a recycling service for pre-loved items; Leafr, connecting businesses with sustainability specialists; Switch, a B2B SaaS platform for urban mobility; SIEve, innovating wastewater treatment; Algapelago, cultivating sustainable seaweed products; and Snelix, focusing on sustainable protein production.
Common questions
What to know about NextSTEP
Upseed classifies NextSTEP under the Accelerator organization type. Its current public profile includes funder and program host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 27, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.