Avesta Fund

EVident Battery specializes in non-destructive, automated inspection solutions for electric vehicle (EV) battery packs. The company's proprietary hardware and artificial intelligence (AI) technology analyze vibration data to assess battery pack conditions, enhancing transparency and certainty in the EV market. This enables EV manufacturers, insurance companies, dealerships, and service providers to better understand and manage EV battery conditions, ultimately reducing financial losses.

CapeZero is a software-as-a-service company specializing in financial technology solutions for clean energy projects. Its platform enables counterparties, including developers, investors, and advisors, to efficiently evaluate and navigate structured tax credit investments, such as tax equity and transferability. By providing real-time, profit-optimizing analysis, CapeZero facilitates informed decision-making and accelerates the development of renewable energy projects.

Concentro operates a technology-driven marketplace that facilitates the monetization of renewable energy tax credits for clean energy developers. By connecting these developers with tax-paying corporations, Concentro focuses primarily on middle-market transactions, enabling them to transfer tax credits efficiently. The company’s platform features tools that provide access to investment opportunities and streamline tax credit optimization processes. This structure allows clean energy developers and investors to engage effectively, thereby capitalizing on sustainable investment prospects while promoting the growth of the clean energy sector.

Cambium Carbon is an early-stage social enterprise focused on addressing climate change through innovative reforestation and urban wood reuse initiatives. The company collaborates with cities and various public and private partners to salvage fallen city trees that would otherwise end up in landfills. By transforming this wood waste into valuable resources, Cambium Carbon establishes reforestation hubs that create a circular economy for urban forests. These hubs not only generate revenue to support tree planting and maintenance projects but also foster sustainable job creation and contribute to the development of resilient urban environments. Through its efforts, Cambium Carbon aims to implement systems-level natural climate solutions that benefit both the environment and local communities.

Enurgen develops software for power systems, specializing in modeling solar assets. Their key product is a bifacial performance model that calculates optical and electrical performance based on physically representative array geometry.

QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope. They process thousands of images using its proprietary software, transforming each pixel into a comprehensive 3D model of the building for quantifiable data and insights. Using 10,000+ high-resolution drone images, proprietary QEA Tech software converts each pixel into quantifiable data and a comprehensive 3D model before uploading each image to the cloud-based dashboard for 24/7 access. The QEA System identifies where and how much energy is being wasted in a building's envelope, allowing you to prioritize repairs and calculate payback and ROI. The QEA Solution calculates Negawatt (NKwh), which quantifies energy gushers (heat and cool air escaping) through the walls, windows, doors, and roof of the building.

Upwardli is a technology-driven financial services agency focused on assisting individuals, particularly newcomers, immigrants, and young people with limited financial resources. The company offers personalized credit and savings solutions aimed at helping members make informed financial decisions. By leveraging its innovative platform, Upwardli guides users in selecting suitable banking options and credit cards, while also providing tools to build credit quickly and securely. The platform features tailored step-by-step instructions that facilitate access to essential financial services, empowering users to improve their financial literacy and overall economic well-being.

Embue specializes in smart apartment solutions for residents and intelligent building management systems for owners. Its cloud-based platform and in-building network optimize multifamily property operations through data analytics, reducing expenses, enhancing net operating income, and increasing asset value.

Drover AI develops an artificial intelligence-enabled sensor fusion module for light electric vehicles used in micro-mobility. The onboard module performs real-time, granular infrastructure distinction without ground truth data or precise GPS, accurately identifying sidewalks, streets, and bike lanes. This supports fleet operators in regulatory compliance and enhances safety for riders and other stakeholders. The technology interoperates with smart city ecosystems to enable the broader adoption of micro-mobility as part of sustainable urban transportation, helping cities manage, monitor, and scale fleets while aligning with existing regulations.

Noteworthy AI equips fleet vehicles with smart cameras and AI technology to enhance the reliability and safety of electric distribution grids. Its autonomous system collects data during routine operations, enabling utilities to optimize asset management, reduce operational costs, and improve efficiency across various use cases.

WattBuy is a technology company focused on providing households with access to cleaner and more affordable electricity. Headquartered in New York City, Washington D.C., and Seattle, the company comprises a team of product leaders and engineers with backgrounds from major tech firms. WattBuy has developed an electricity management platform that allows users to take control of their electricity consumption. Through a personalized recommendation engine, the platform helps residents select electricity plans tailored to their preferences and usage patterns, enabling them to save money and switch to the most cost-effective suppliers in their regions. The company's mission centers on leveraging technology to address energy inequality and contribute positively to climate change.