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 is a software development company specializing in modeling solutions for power systems, particularly in the sustainable energy sector. Their software is designed to monitor and enhance the performance of utility-scale solar assets, enabling efficient planning, design, and management throughout the lifecycle of solar projects. By utilizing a bifacial performance model that assesses optical and electrical performance based on representative array geometry, Enurgen's technology captures and distributes energy resources effectively. This innovative approach helps energy firms address the challenges of underperformance in utility-scale plants, providing a more reliable framework for investment decisions while reducing 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 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 is a provider of a cloud-based service platform designed for the management of multifamily apartment buildings. The company specializes in delivering smart apartment solutions and building intelligence through an integrated network of smart devices and a comprehensive analytics dashboard. By utilizing data-driven insights, Embue enables owners and managers to optimize operations, reduce operating expenses, and enhance net operating income. The platform supports portfolio-wide management, allowing clients to improve asset value while also contributing to sustainability efforts by minimizing carbon emissions. Through these innovative solutions, Embue aims to transform the landscape of apartment management, moving away from traditional practices towards more efficient and informed decision-making.

Drover AI specializes in developing advanced micro-mobility technologies that integrate artificial intelligence and IoT capabilities to enhance the safety and efficiency of light electric vehicles (LEVs). The company's innovative sensor fusion module enables real-time infrastructure distinction, allowing for accurate identification of sidewalks, streets, and bike lanes without relying on ground truth information or precise GPS. This technology supports cities in managing regulatory compliance among various operators and facilitates seamless navigation for users. By aligning with the micro-mobility revolution, Drover AI contributes to the creation of sustainable urban transportation ecosystems, promoting safer and more organized public spaces.

Noteworthy AI is an infrastructure intelligence company that specializes in enhancing the management and evaluation of energy distribution grids. The company provides fleet vehicle-mounted smart cameras equipped with artificial intelligence, designed to assist utility companies in improving the reliability, resiliency, and safety of electric distribution networks. By autonomously operating during routine vehicle activities, Noteworthy AI's technology enhances situational awareness and facilitates cost savings across various applications, such as geolocation, asset inventory, asset inspection, vegetation management, joint use compliance, and lighting audits. The data captured by these smart cameras is transmitted to an AI-based platform that monitors equipment conditions and alerts users to potential defects, enabling electric utilities to achieve greater operational efficiency and reduce maintenance costs.

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.