Breakthrough Energy

Breakthrough Energy is an impact investment firm founded in 2016 and based in Kirkland, Washington. It is composed of members from the Breakthrough Energy Coalition and focuses on investing in innovative technologies aimed at providing reliable and affordable energy without contributing to climate change. The firm targets companies in the environmental services and cleantech sectors, making minority investments at various stages of development, including seed, early, and later stages. Breakthrough Energy emphasizes the importance of a public-private partnership involving governments, research institutions, and investors to accelerate the development of zero-emission energy solutions. By leveraging scientific and technological expertise, Breakthrough Energy aims to address pressing energy needs, particularly in underserved regions, while fostering the creation of transformative energy technologies that can mitigate climate change impacts.

Bunmi Adekore

Investor

Tara Bansal

Investor

Gaetan Bonhomme Ph.D

Partner, Breakthrough Energy Ventures

Jim Cabot

Managing Director

Bhargavi Chevva

Investor

Quinn Cornelius

Investor

David Danielson Ph.D

Managing Director, Breakthrough Energy Ventures

Christian Garcia

Managing Director

Thomas Griffin

Investor

Mark Hartney

Principal

Timothy Heidel

Principal

Christina Karapataki

Partner

Sila Kiliccote

Partner

Allegra Kowalewski-Ferreira

Investor

Phil Larochell

Principal

Phil Larochelle

Partner, Breakthrough Energy Ventures

Cheua Lovan

Investor

Jack Ma

Founder

Brian Mayers

Investor

Jeff Momplaisir

Senior Associate

Juilia Reinaud

Senior Director

Cooper Rinzler

Investor

Chris Rivest

Investor

David Rubenstein

Investor

Eric Toone

Managing Director

Peter Turner

Investor

Libby Wayman

Investor

Stefan Zlatev

Investor

Julia Reinaud Ph.D

Senior Director, Europe

Past deals in Metals and Mining

Stratus Materials

Series A in 2023
Stratus Materials is a developer and manufacturer of manganese-rich, cobalt-free cathode active materials for lithium-ion batteries.

Terra CO2

Series A in 2022
Terra CO2 Technologies is an industrial technology company that reduces material and logistics costs while reducing the environmental footprint in the cement and mining sectors. It develops innovative environmental technologies to tackle challenging environmental problems. It was founded in 2012 and employs a diverse group of engineers, scientists, and specialists to bring projects from the ideation stage to market.

KoBold Metals

Series B in 2022
KoBold Metals is investing in battery materials projects across the globe by combining basic ore-deposit science, big data, and scientific computing with patient private capital.The company's software uses datasets with conventional geochemical, geophysical and geological data in statistical association models to identify prospects to ensure a cobalt supply for the electric vehicle revolution, enabling mineral exploration companies to find new sources of cobalt through machine learning and data analysis.

Lilac Solutions

Series B in 2021
Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Their process is modular and can be ramped up quickly through pilot and commercial projects. Lilac is a mining technology company and is building partnerships with brine developers and operators around the world.

Redwood Materials

Series C in 2021
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.

Boston Metal

Series B in 2021
Boston Metal is a technology company specializing in industrial-scale metal production solutions through its innovative Molten Oxide Electrolysis (MOE) process. Founded in 2012 as a spin-out from MIT, the company focuses on providing the metals industry with an efficient, cost-effective, and environmentally friendly method for producing various metals and alloys from diverse feedstocks. The MOE technology employs an electrolytic cell to convert raw iron ore into ferroalloys, which are essential for manufacturing specific grades of steel. Since its inception, Boston Metal has successfully scaled its technology by 1,000 times, producing thousands of kilograms of metal. The company is headquartered in Woburn, Massachusetts, where it operates its industrial development center.

Terra CO2

Seed Round in 2020
Terra CO2 Technologies is an industrial technology company that reduces material and logistics costs while reducing the environmental footprint in the cement and mining sectors. It develops innovative environmental technologies to tackle challenging environmental problems. It was founded in 2012 and employs a diverse group of engineers, scientists, and specialists to bring projects from the ideation stage to market.

Redwood Materials

Venture Round in 2020
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.

Boston Materials

Convertible Note in 2020
Boston Materials, Inc. is a materials science company based in Bedford, Massachusetts, founded in 2016. The company specializes in manufacturing 3D reinforced carbon fiber pre-pregs, including its innovative Carbon Supercomposite, which is magnetically assembled. Boston Materials' products cater to various industries, including aerospace, automotive, marine, wind energy, and sports equipment, as well as general purpose applications. The company's focus on developing high-strength composites positions it at the forefront of advanced material technology.

Lilac Solutions

Series A in 2020
Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Their process is modular and can be ramped up quickly through pilot and commercial projects. Lilac is a mining technology company and is building partnerships with brine developers and operators around the world.

Lilac Solutions

Series A in 2020
Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Their process is modular and can be ramped up quickly through pilot and commercial projects. Lilac is a mining technology company and is building partnerships with brine developers and operators around the world.

Boston Metal

Series A in 2019
Boston Metal is a technology company specializing in industrial-scale metal production solutions through its innovative Molten Oxide Electrolysis (MOE) process. Founded in 2012 as a spin-out from MIT, the company focuses on providing the metals industry with an efficient, cost-effective, and environmentally friendly method for producing various metals and alloys from diverse feedstocks. The MOE technology employs an electrolytic cell to convert raw iron ore into ferroalloys, which are essential for manufacturing specific grades of steel. Since its inception, Boston Metal has successfully scaled its technology by 1,000 times, producing thousands of kilograms of metal. The company is headquartered in Woburn, Massachusetts, where it operates its industrial development center.
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