Aera VC

Aera VC is a venture capital investment firm established in 2016 and based in Singapore, specializing in early-stage investments in deep-tech ventures that promote sustainability. The firm is committed to supporting climate technology companies that align with the United Nations Sustainable Development Goals, aiming to address pressing environmental challenges and foster innovative solutions for a sustainable future. Aera VC manages multiple funds, including the Aera Climate Focused Fund and the Aera Climate & Frontier Fund, both located in Auckland, New Zealand. These funds target climate-focused startups, with plans to invest in up to 30 companies, prioritizing impact investments and generally seeking minority stakes. Through its investments, Aera VC seeks to back pioneering ideas that can create new markets and drive significant financial returns while contributing positively to the environment.

Guneet Banga

Partner

Derek Handley

Co-Founder and Partner

Mohnish Mehta

Venture Partner

Milena Nikolova

Partner

Alex André de La Porte

Venture Partner

Dipti Pratt

Investor

Daniel Tan

Senior Associate and Analyst

Nick Winstone

Co-Founder and Managing Partner

Shine Wu

Analyst

26 past transactions

Fable Food

Series A in 2023
Producer of plant-based meat products intended to offer a vegan substitute to meat dishes and products. The company's products are based on shiitake mushrooms to mimic the taste and texture of meat, enabling food and meat enthusiasts to have a nutritional and healthy substitute for meat.

AstroForge

Seed Round in 2022
AstroForge is an asteroid mining company. Instead of bringing back the entire asteroid, break it up, refine it, and return only what’s valuable. It was founded in 2021 and headquartered in Huntington Beach, California.

Praan

Pre Seed Round in 2022
Praan specializes in creating hyperlocal clean air zones in various open areas, including corporate campuses, schools, universities, hotels, hospitals, residential complexes, malls, and industrial regions. The company develops a unique air purification device that operates without filters, utilizing artificial intelligence to enhance outdoor air quality. By implementing this low-cost technology, Praan aims to provide individuals with access to clean, healthy, and safe air, addressing the challenges of air pollution in urban environments.

Open Forest Protocol

Seed Round in 2022
Open Forest Protocol (OFP) is an open-source platform designed to facilitate the measurement, reporting, and verification (MRV) of forestation data for projects of any size globally. By utilizing blockchain technology, OFP enables individuals, communities, NGOs, entrepreneurs, and governments to create transparent and immutable proof-of-impact data that is verified by independent experts. This innovative approach aims to enhance the monitoring and funding of reforestation, afforestation, and conservation initiatives. OFP seeks to establish a more inclusive and scalable framework for financing nature-based climate solutions, thereby contributing to the global response to climate change.

Aqua Cultured Foods

Pre Seed Round in 2021
Producer of fungi-based food products intended to offer fermentation-enabled alternative seafood space. The company utilizes science to create plant-based alternatives that mimic the taste, texture, and freshness of traditional seafood, enabling consumers to enjoy delicious and healthy seafood options without harming the oceans.

Fable Food

Seed Round in 2021
Producer of plant-based meat products intended to offer a vegan substitute to meat dishes and products. The company's products are based on shiitake mushrooms to mimic the taste and texture of meat, enabling food and meat enthusiasts to have a nutritional and healthy substitute for meat.

Noya

Seed Round in 2021
Noya captures CO2 from the sky and re-sells it for 2x cheaper than existing options. We do this by retrofitting existing industrial equipment like cooling towers and converting them into CO2 capture machines.

Fable Food

Seed Round in 2021
Producer of plant-based meat products intended to offer a vegan substitute to meat dishes and products. The company's products are based on shiitake mushrooms to mimic the taste and texture of meat, enabling food and meat enthusiasts to have a nutritional and healthy substitute for meat.

Gilgamesh Pharmaceuticals

Seed Round in 2020
Gilgamesh Pharmaceuticals, Inc. is a preclinical biotechnology company based in New York, founded in 2019. The company specializes in developing innovative psychotropic drugs aimed at treating various neuropsychiatric conditions, including depression, anxiety, substance use disorders, and stress-related issues. Gilgamesh focuses on creating novel chemical entities through a blend of medicinal chemistry, neuroscience, and drug development expertise. By leveraging its unique approach, the company aims to provide effective therapies that enhance recovery for patients dealing with central nervous system disorders.

CarbonChain

Seed Round in 2020
CarbonChain.io Limited develops software as a service (SaaS) tool to automate accounting of carbon emissions. The company helps metals and mining, oil and gas, and agriculture industries to track and manage supply chain carbon emissions. It offers tool to commodities producers, commodities traders, logistics companies, and financial institutions. CarbonChain.io was incorporated in 2017 and is based in London, United Kingdom.

54gene

Series A in 2020
54gene develops a pan-African biobank to identify new drug targets, and develop diagnostics and treatments for diseases. The company targets multiple disease states, including cancer, cardiovascular disease, and neuro-degenerative disease. It also provides genetic testing and molecular diagnostics services. The company was founded in 2019 and is based in San Francisco, California with an additional offices in Lagos, Nigeria.

Shiru

Seed Round in 2019
Shiru, Inc., a food technology company, develops and produces proteins. The company focuses on producing edible proteins to replace dairy products and eggs in the food industry. Shiru, Inc. was incorporated in 2019 and is based in Oakland, California.

Everna

Seed Round in 2019
Everna Limited develops drugs that can offset the effects of ageing damage on key cell functions. The company’s drugs are being used for the treatment of neurodegenerative diseases, atherosclerosis, and non-alcoholic fatty liver diseases. Everna Limited was incorporated in 2016 and is based in London, United Kingdom.

54gene

Seed Round in 2019
54gene develops a pan-African biobank to identify new drug targets, and develop diagnostics and treatments for diseases. The company targets multiple disease states, including cancer, cardiovascular disease, and neuro-degenerative disease. It also provides genetic testing and molecular diagnostics services. The company was founded in 2019 and is based in San Francisco, California with an additional offices in Lagos, Nigeria.

Bitwise Industries

Series A in 2019
Bitwise Industries Inc. is a technology ecosystem company based in Fresno, California, founded in 2013. It aims to advance the local technology landscape by focusing on education, software development, and collaborative workspaces. Through its Geekwise Academy, Bitwise offers accelerated coding programs designed to equip individuals of all backgrounds with essential technology skills, particularly targeting marginalized groups. The company also operates Shift3 Technologies, a custom software development firm that pairs experienced professionals with entry-level programmers to create software solutions. Additionally, Bitwise provides physical spaces for technologists and technology companies, including collaborative work environments and tech venues, fostering a community for innovation and growth. New projects, such as Bitwise|41 and Bitwise State Center Warehouse, are currently under development to further enhance its offerings.

Paloma Health

Seed Round in 2019
Paloma Health is an online medical practice focused on providing specialized care for hypothyroidism, a chronic condition affecting approximately 25 million Americans. The company aims to improve patient satisfaction by offering a convenient and effective treatment experience. Paloma Health utilizes telemedicine to connect patients with expert doctors and nutritionists who offer personalized care, including evidence-based treatment approaches and dietary guidance. The service integrates at-home thyroid test kits with ongoing physician consultations, ensuring continuous remote care and easy access to a dedicated team of thyroid specialists. This model allows patients to manage their condition from the comfort of their own homes, enhancing both the quality and accessibility of care for those struggling with hypothyroidism.

Shiok Meats

Seed Round in 2019
Shiok Meats Pte. Ltd., founded in 2018 and based in Singapore, is a pioneering company in South-East Asia focused on producing cell-based crustacean meats and seafood. By utilizing cellular aquaculture techniques, Shiok Meats aims to provide a sustainable and health-conscious alternative to traditional meat products. The company specializes in developing lab-cultured shrimp and seafood, emphasizing animal welfare and environmental benefits. Their products promise to deliver the same taste, texture, and nutritional value as conventional seafood while eliminating the need for animal harvesting.

New Culture

Seed Round in 2019
New Culture Inc. is a food and beverage company that specializes in producing cheese from protein using innovative methods. By employing microflora to create dairy proteins and dairy products, the company aims to revolutionize traditional cheese-making processes. Founded in 2018 and headquartered in San Francisco, California, New Culture is committed to developing sustainable and alternative cheese options that appeal to a growing market of health-conscious and environmentally aware consumers.

GetLinks

Series A in 2019
Getlinks is an online recruitment platform founded in 2015 and located in Bangkok, Thailand. It serves as an ecosystem that connects tech talents to job opportunities across Asia, specifically focusing on startup and digital roles. The platform allows job seekers to create digital resumes that showcase their strengths and achievements, facilitating their interaction with potential employers. Users can follow job openings, apply for positions, and communicate directly with recruiters. By providing these services, Getlinks aims to help students and professionals find suitable employment and engage with the broader professional community.

Paloma Health

Seed Round in 2019
Paloma Health is an online medical practice focused on providing specialized care for hypothyroidism, a chronic condition affecting approximately 25 million Americans. The company aims to improve patient satisfaction by offering a convenient and effective treatment experience. Paloma Health utilizes telemedicine to connect patients with expert doctors and nutritionists who offer personalized care, including evidence-based treatment approaches and dietary guidance. The service integrates at-home thyroid test kits with ongoing physician consultations, ensuring continuous remote care and easy access to a dedicated team of thyroid specialists. This model allows patients to manage their condition from the comfort of their own homes, enhancing both the quality and accessibility of care for those struggling with hypothyroidism.

Eclipse Foods

Seed Round in 2019
Eclipse Foods manufactures plant-based dairy products that closely mimic the taste, texture, and functionality of traditional animal dairy items, such as ice cream, cream cheese, and sour cream. Founded in 2019 and headquartered in Walnut, California, the company utilizes innovative plant-processing technology to create dairy alternatives that avoid the health, environmental, and welfare issues associated with conventional dairy production. By focusing on delivering high-quality plant-based options, Eclipse Foods aims to provide consumers with healthier choices while preserving the familiar flavors of traditional dairy products.

Dawn Aerospace

Seed Round in 2018
Dawn Aerospace designs and manufactures reusable spacecraft to launch satellites. The company's products include MK-1, MK-2, MK-3, and MK-4 vehicles. Dawn Aerospace was founded in 2016 and is headquartered in Delft, Netherlands with research, manufacturing and test facility in Auckland, New Zealand.

Maths Pathway

Seed Round in 2018
Maths Pathway Pty Ltd is an Australian company based in South Melbourne that specializes in designing and developing an online learning platform for mathematics education. Founded in 2010, the company offers a data-driven approach to learning that aligns with curriculum standards and promotes continuum learning. The platform facilitates personalized education by delivering tailored content and assessments to students at the appropriate time, while also enhancing the skills and capabilities of teachers. This focus enables schools to fundamentally reform their methods of structuring, teaching, and assessing mathematics, fostering a more effective educational environment for both students and educators.

Wild Earth

Seed Round in 2018
Wild Earth is a technology startup based in Berkeley, California, founded in 2017. The company focuses on developing high-protein pet foods that prioritize health, environmental sustainability, and humane sourcing compared to traditional pet food products. By leveraging scientific advancements, Wild Earth aims to reinvent pet nutrition and create cleaner, more nutritious options for pet owners and their animals.

For Days

Seed Round in 2017
For Days, Inc. is a Brooklyn-based apparel manufacturer founded in 2016, specializing in the production and recycling of t-shirts for men and women. The company operates on a subscription and membership model, allowing customers to receive t-shirts made from recycled fabric and return them when they become stained or worn out. This process supports a closed-loop recycling system aimed at minimizing waste in the fashion industry. For Days seeks to foster a sustainable approach to basic apparel by promoting circularity, thereby reducing textile waste while making eco-friendly clothing accessible and affordable. Through its innovative platform, the company connects consumers and fashion retailers, encouraging a more responsible relationship with essential clothing items.

Solugen

Pre Seed Round in 2017
Solugen, Inc. is a specialty chemicals manufacturer based in Houston, Texas, founded in 2016. The company utilizes industrial biotechnology and green chemistry to produce a range of eco-friendly industrial chemicals. Its product offerings include BioPeroxide, a carbon-negative hydrogen peroxide; BioChelate, a biodegradable chelant; ScavSol, a multivalent metal sequestrant for energy applications; ScaleSol, a scale control alternative to phosphonates; and CorrSol, designed for corrosion and fouling control. Solugen focuses on creating safe, cost-effective, and environmentally-friendly solutions, serving various sectors such as agriculture, cleaning, energy, and water. The company employs a patented method that leverages bio-inspired reactions and plant materials as low-cost feedstocks, enabling it to produce innovative products that are competitively priced in the market.
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