Avesta Fund

EVident Battery offers inspection hardware and analytics software for EV battery packs.

CapeZero is a software-as-a-service company providing financial technology solutions to counterparties evaluating investment, financing, and sale options for clean energy projects. Almost every renewable energy project benefits from receiving a “structured tax credit investment” (i.e. tax equity, transferability, and direct pay). CapeZero’s modeling and deal analysis software provides developers, investors, and advisors with a platform to efficiently navigate structured tax credit investments. CapeZero enables stakeholders to make real-time, profit-optimizing decisions and build a clean energy future together.

A tech-enabled marketplace for clean energy tax credits

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 advanced software solutions for the sustainable energy sector, primarily focusing on utility-scale solar assets. Their modeling software aids in the planning, design, and management of solar energy systems by monitoring operating conditions and utilizing a low-voltage energy aggregation framework. Enurgen's unique bifacial performance model captures and analyzes the optical and electrical performance of solar arrays, enhancing the efficiency of energy resource distribution. By addressing issues of underperformance in utility-scale plants, Enurgen aims to provide energy firms with clearer insights, reduce investment risks, and lower computational costs.

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 newcomers, immigrants, young individuals, and those with limited financial means. The company offers personalized products aimed at helping members build their credit and savings. Its platform provides tailored guidance on selecting suitable banking options and credit cards, as well as strategies for quickly and safely establishing credit. By offering step-by-step instructions, Upwardli enables users to navigate financial services more effectively, empowering them to make informed decisions in their financial journeys.

Embue specializes in providing smart apartment solutions and building intelligence through its cloud-based service platform. This platform is designed for the management of multifamily apartment buildings, offering a comprehensive dashboard that integrates building automation and analytics. By utilizing a network of smart devices, Embue enables property owners and managers to enhance operational efficiency, reduce operating expenses, and ultimately increase net operating income. Additionally, the company focuses on sustainability by helping clients lower carbon emissions, contributing to both financial performance and environmental responsibility. Through these innovations, Embue enhances the value of real estate assets while streamlining apartment management processes.

Drover AI specializes in advanced micro-mobility technologies that enhance urban transportation through artificial intelligence and Internet of Things (IoT) solutions. The company has developed an innovative sensor fusion IoT module for light electric vehicles, which enables real-time, granular distinction of urban infrastructure such as sidewalks, streets, and bike lanes. This technology operates effectively without relying on precise GPS or ground truth information, allowing cities to manage regulatory compliance across various operators while providing users with seamless navigation. By facilitating safer and more efficient micro-mobility solutions, Drover AI supports the integration of these vehicles into smart city ecosystems, contributing to sustainable urban transportation initiatives.

Noteworthy AI specializes in enhancing the management and evaluation of electric distribution grids through advanced technology. The company provides fleet-mounted smart cameras that capture critical data during routine vehicle operations. This data is processed by an artificial intelligence platform that monitors equipment conditions, identifies defects, and supports utilities in improving the reliability, safety, and efficiency of their operations. Noteworthy's solutions also facilitate various applications, including asset inspection, vegetation management, joint use compliance, and lighting audits, while effectively lowering operational and maintenance costs for electric utility companies.

WattBuy is a company that aims to make cleaner and more affordable electricity accessible to households across the United States. Based in New York City, Washington, D.C., and Seattle, WattBuy has assembled a team of product leaders and engineers with backgrounds from major tech firms. The company has developed an electricity management platform that empowers users to take control of their electricity usage. By utilizing a personalized recommendation engine, the platform helps residents identify and set up electricity plans tailored to their preferences and consumption patterns. This approach not only enables clients to save money but also facilitates switching to more cost-effective electricity suppliers in their area, thereby promoting both financial savings and environmental sustainability.