Azolla Ventures, founded in 2021 and based in Cambridge, Massachusetts, is an early-stage investment firm focused on climate innovations that aim to mitigate the impacts of catastrophic climate change. The firm prioritizes investments that promise significant greenhouse gas reductions and contribute to a more equitable climate future. By seeking out bold entrepreneurs and exploring opportunities beyond traditional venture capital frameworks, Azolla Ventures is committed to driving meaningful change in the climate sector.
BioLumic is a New Zealand-based company that specializes in innovative lighting solutions for horticultural producers, utilizing smart light array technology. Founded in 2012, BioLumic focuses on enhancing the quality and growth of transplant crop seedlings, as well as improving the growth and quality of indoor leafy vegetables and salad herbs. The company employs a photogenics platform that uses light signals to activate plant growth and unlock the genetic potential of various crops, including soybean, cannabis, and other vegetables and fruits. BioLumic's systems leverage ultraviolet radiation to regulate plant responses, resulting in increased crop yields, improved vigor, enhanced disease and pest resistance, and better crop composition, all without the need for chemicals or amendments.
Carbon Reform
Seed Round in 2025
Carbon Reform is a climate-tech startup that specializes in modular carbon capture and pollution-control devices aimed at reducing atmospheric CO2 levels. The company's technology is designed to retrofit commercial HVAC systems, enabling the capture and storage of carbon emissions while simultaneously eliminating volatile organic compounds, particulates, viruses, and bacteria from the air. This innovative approach not only enhances indoor air quality but also decreases overall building emissions and energy costs for operators. By employing a multi-phase methodology, Carbon Reform assesses air quality and collaborates with existing infrastructure to optimize performance, ultimately providing permanent carbon capture solutions and healthier indoor environments for occupants.
Muon Vision
Seed Round in 2025
Muon Vision specializes in enhancing the efficiency, sustainability, and safety of mineral processing and industrial operations through advanced subsurface visualization technology. The company has developed a sophisticated x-ray visualization and digitalization sensor that employs nuclear imaging techniques to assess the bulk density of geophysical assets. This technology enables the detection of issues within large material masses and monitors fluid migration in pore spaces over time. By providing geologists and mining companies with insights into the composition and distribution of materials, Muon Vision facilitates improved decision-making and operational effectiveness in various industrial processes, including leaching heaps and mine tailings dams.
Oxylus Energy
Seed Round in 2024
Oxylus Energy focuses on innovative carbon utilization technology aimed at producing sustainable e-fuels from captured carbon dioxide. By employing a proprietary electrochemical process, the company converts CO2 into methanol, a clean-burning and versatile fuel. This approach not only provides a valuable waste product transformation but also supports the industrial sector in reducing dependence on fossil fuels, contributing to significant carbon reductions. Oxylus Energy is committed to making carbon capture and conversion competitive, scalable, and sustainable, ultimately promoting a decarbonized future.
SiTration
Seed Round in 2024
SiTration, founded by Brendan Smith in 2020 and based in Cambridge, Massachusetts, specializes in the development of ultra-durable filtration membranes tailored for efficient separations in harsh environments. The company's innovative technology enhances energy efficiency in challenging industrial applications by integrating the low cost and exceptional durability of various advanced commercial membranes. This enables users to achieve resource-efficient operations even in demanding conditions, setting SiTration apart in the filtration industry.
Muon Vision
Pre Seed Round in 2023
Muon Vision specializes in enhancing the efficiency, sustainability, and safety of mineral processing and industrial operations through advanced subsurface visualization technology. The company has developed a sophisticated x-ray visualization and digitalization sensor that employs nuclear imaging techniques to assess the bulk density of geophysical assets. This technology enables the detection of issues within large material masses and monitors fluid migration in pore spaces over time. By providing geologists and mining companies with insights into the composition and distribution of materials, Muon Vision facilitates improved decision-making and operational effectiveness in various industrial processes, including leaching heaps and mine tailings dams.
Funga
Venture Round in 2023
Funga is a company founded in 2021 and based in Austin, Texas, that focuses on leveraging the forest fungal microbiome to enhance forestry outcomes and combat climate change. It develops forest fungal networks by integrating advanced DNA sequencing and machine learning technologies with innovative research on the forest microbiome. Funga aims to place native, biodiverse communities of mycorrhizal fungi in optimal locations, which enables clients to achieve higher quality wood production, increased carbon sequestration, and the development of more resilient forests.
Carbon Reform
Seed Round in 2022
Carbon Reform is a climate-tech startup that specializes in modular carbon capture and pollution-control devices aimed at reducing atmospheric CO2 levels. The company's technology is designed to retrofit commercial HVAC systems, enabling the capture and storage of carbon emissions while simultaneously eliminating volatile organic compounds, particulates, viruses, and bacteria from the air. This innovative approach not only enhances indoor air quality but also decreases overall building emissions and energy costs for operators. By employing a multi-phase methodology, Carbon Reform assesses air quality and collaborates with existing infrastructure to optimize performance, ultimately providing permanent carbon capture solutions and healthier indoor environments for occupants.
SiTration
Pre Seed Round in 2022
SiTration, founded by Brendan Smith in 2020 and based in Cambridge, Massachusetts, specializes in the development of ultra-durable filtration membranes tailored for efficient separations in harsh environments. The company's innovative technology enhances energy efficiency in challenging industrial applications by integrating the low cost and exceptional durability of various advanced commercial membranes. This enables users to achieve resource-efficient operations even in demanding conditions, setting SiTration apart in the filtration industry.
Heaten
Series A in 2022
Heaten is an industrial start-up focused on accelerating the electrification of heat to support deep decarbonization across various industries. With eight years of research and development, Heaten specializes in heat-to-power and power-to-heat technologies, particularly through its innovative piston compressor heat pumps. These systems are designed for industrial-scale applications and can achieve process temperatures of up to 400 degrees Celsius, addressing approximately 30% of the energy demand for industrial heating processes. The company's technology platform not only enhances efficiency but also aims to provide sustainable and reliable heating solutions. Heaten has successfully completed the full cycle of R&D, prototyping, and engineering, delivering 200kW heat pumps and industrial equipment to clients. As Heaten seeks to scale its platform, it remains committed to advancing its research and development efforts to meet industry requirements and maintain a competitive edge in the medium-temperature process heat market.
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