The Luxembourg Institute of Science and Technology (List) is joining forces with the Luxembourg- and Czech Republic-based venture capital firm Ilavska Vuillermoz Capital (IVC) to, in the phrasing of an IVC press release, “address climate challenges through the advancement of decarbonisation technologies.”

Their stated aim is “to bridge the gap between scientific innovation and the commercialisation of breakthrough technologies” while supporting the other’s entrepreneurial endeavours via spin-offs, startups and joint ventures.

, interim CEO of List, explained in the press release: “This partnership is all about utilising the two entity’s capabilities. On one hand, IVC will bring in its expertise in deal-making and understanding of investor activities, while the advisor bureau will support List by offering insights into investor activities and facilitating communication between scientists, detailing venture investment preferences beyond technology.”

“On the other hand,” added IVC principal Quentin Dupraz, “List will provide scientific expertise, insights and evaluations related to the technological aspects of investment opportunities we assess in the field of decarbonisation.” The institute will also provide lab access, equipment and methodologies.

This article in Paperjam. It has been translated and edited for Delano.