Nordic Salt Cycle
Nordic Salt Cycle
Accelerating the transition to a mineral economy
Investment vertical
- Circular economyabout /verticals/circular-economyCircular economy
Stage
- Pre-seed
Website
nordicsaltcycle.io about https://nordicsaltcycle.io/The challenge
The green transition relies on a steady supply of critical and strategic minerals, such as lithium, cobalt, and rare earth elements. Yet current recovery technologies are either energy-intensive, chemically demanding, or financially unviable in Europe compared to mining operations in China and other Asian countries. Without scalable, cost-effective solutions, Europe faces supply bottlenecks, dependence on foreign sources, and environmental impacts from resource extraction.
The solution
Nordic Salt Cycle’s breakthrough molten salt technology provides a low-cost, scalable way to recover critical minerals from end-of-life products, including EV batteries, wind turbines, and electronics. Their modular process uses significantly less energy and chemicals than conventional methods, keeping materials in circulation longer and strengthening European resilience in critical mineral supply.
Footprint team
Jonas draws on experience in investment, corporate finance, and strategy from philanthropy, private equity, and venture capital as well as from investment banking.
Before joining The Footprint Firm, Jonas was Head of Strategy & Special Projects and member of the Senior Leadership Team in the Novo Nordisk Foundation, with responsibility for impact investments and philanthropic strategy in both health and sustainability. Also, Jonas served on the Investment Advisory Board of Den Sociale Kapitalfond Invest and has been involved in the corporate governance development of the Novo Nordisk Foundation group of companies.
Prior to this Jonas worked at Novo Holdings, the Novo Nordisk Foundation’s investment company, covering an array of life science investments in sustainability, health and biotech companies, ranging from early start-ups to large mature companies in both the private and public space.
Moreover, Jonas worked for a leading Danish M&A advisor FIH Partners, where he advised on a variety of transactions.
Jonas holds a Master of Science in Applied Economics and Finance as well as a Bachelor of Science in International Business from Copenhagen Business School and has studied at Harvard.