A Welcome from the Founders
Trivara Capital – Investing in Europe’s Next Transformation
Europe stands at a new inflection point. The twin shifts toward decarbonisation and digitalisation define the world we live in and, already today, are crucial for economic growth and competitiveness. At the same time, AI transformation, the pursuit of economic resilience, and the localisation of supply chains are redrawing the industrial map of Europe. This convergence of technological disruption, regulatory change, data sovereignty, and geopolitical realignment is creating a new investment landscape - one that rewards depth of expertise, operational insight, and disciplined capital allocation.
We founded Trivara Capital to navigate this landscape with clarity and conviction. Having spent decades as investors and operators, we have seen how complexity can conceal opportunity. We believe transformation—whether digital, industrial, or environmental—creates enduring value when approached with the right mix of capital, capability, and collaboration.
From Specialisation to Integration
Traditional distinctions between venture capital, private equity, and infrastructure are dissolving. Venture investors are scaling into infrastructure; private-equity firms are taking earlier-stage or minority positions; infrastructure investors are backing technology platforms. At Trivara, we view this convergence as an opportunity.
While private equity is our foundation, we invest across the continuum as sector specialists. Our approach combines the discipline and rigor of private equity, the innovation mindset of venture capital, and the long-term mindset of infrastructure investing. Our operational approach enables us to help businesses managing change through multiple phases of their growth.
Managing Complexity as a Source of Advantage
Digital transformation, supply-chain shifts, and energy-transition policies are adding layers of complexity to every strategic decision executives make. We see this not as a barrier, but as a new field of value creation. Our experience in transforming and scaling businesses enables us to turn complexity into a competitive advantage – helping management teams navigate regulatory frameworks, expand market shares, and build resilient, future-proof business models.
Our Vision
Trivara was founded to accelerate Europe’s industrial and digital transformation.
We invest in companies that advance decarbonisation, digitalisation, and technological sovereignty – scaling their impact while strengthening Europe’s economic foundation.
Our values guide everything we do: responsibility for the world we live in, commitment to operational excellence, and dedication to achieving exceptional results.
Looking Ahead
Through Trivara Insights, we will share our perspectives on the trends shaping Europe’s transformation - from energy systems and industrial technology to AI innovation and policy developments – and most importantly updates from our portfolio. Our ambition is to connect analysis with action and ideas with impact.
“We invite you to be part of this dialogue – and to help shaping the next chapter of Europe’s transformation.”
— Leif Lupp & Thomas Gerstner
Founding Partners, Trivara Capital