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 Oil and Gas Exploration

Xcel Energy

Grant in 2023
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. It operates through 5 segments: electricity, natural gas, renewable energy, transmission, and innovation. The company is engaged in generating electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources; developing and leasing natural gas pipelines, and storage and compression facilities; and investing in rental housing projects. Xcel Energy was founded in 1909 and is based in Minneapolis, Minnesota.

C-Zero

Venture Round in 2022
C-Zero develops a natural gas decarbonizing technology designed to avoid the generation of carbon dioxide from energy processing. The company's technology removes the carbon from natural gas so that energy consumers can enjoy zero-emission, low-cost energy on demand. It uses high-temperature catalytic melt systems to break down methane, the primary molecule in natural gas, into hydrogen and solid carbon.

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.

44.01

Seed Round in 2021
Provider of carbon dioxide mineralization services intended to help companies permanently eliminate their captured carbon dioxide. The company's services use technology to accelerate the natural weathering process to turn carbon dioxide into rock, enabling industries to accelerate the safe and natural process of mineralization, turning carbon into harmless rock.

Fervo Energy

Series B in 2021
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.

Dandelion Energy

Series B in 2021
Dandelion Energy, Inc., founded in 2017 and headquartered in Palo Alto, California, specializes in affordable geothermal heating and cooling solutions for residential properties. The company's innovative home geothermal system replaces traditional air conditioning and heating equipment with a heat pump and underground pipes that efficiently transfer thermal energy between the earth and the home. This proprietary installation process allows homeowners to transition from conventional heating fuels to renewable geothermal energy, providing an environmentally friendly and cost-effective alternative for temperature regulation and hot water production.

C-Zero

Venture Round in 2021
C-Zero develops a natural gas decarbonizing technology designed to avoid the generation of carbon dioxide from energy processing. The company's technology removes the carbon from natural gas so that energy consumers can enjoy zero-emission, low-cost energy on demand. It uses high-temperature catalytic melt systems to break down methane, the primary molecule in natural gas, into hydrogen and solid carbon.

Quidnet Energy

Series B in 2020
Quidnet Energy Inc. is a Houston-based company that specializes in developing grid-scale energy storage systems. Founded in 2013, the company utilizes a unique hydroelectric energy storage technology that involves pumping water under pressure into subsurface geological reservoirs. This stored water can then be released to drive turbines and generate electricity when renewable energy sources are unavailable. By leveraging established well-drilling and construction techniques, Quidnet Energy aims to enhance the reliability of the carbon-free electric grid. In addition to its headquarters in Houston, the company has offices in San Francisco and Saratoga Springs, New York.

C16 Biosciences

Series A in 2020
C16 Biosciences, founded in 2017 and based in New York, specializes in developing sustainable alternatives to palm oil through microbial fermentation. The company addresses the environmental concerns associated with traditional palm oil production, which often involves deforestation and unethical labor practices. By using established fermentation processes, C16 Biosciences aims to provide food manufacturers, refiners, traders, and consumers with bio-based oils that reduce the ecological impact of palm oil. Their innovative approach allows producers to invest in sustainable practices, ultimately protecting natural resources and wildlife. C16 Biosciences' mission is to create a world where consumers can enjoy their favorite products without contributing to harmful environmental practices.

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.

Sierra Energy

Series A in 2019
Since 2004, Sierra Energy has focused on the development of FastOx® gasification, a technology that turns trash into energy without burning. This sustainable solution is commercially available to meet the needs of the modern waste industry. The company continues to advance its technology and test new applications for gasification at the Sierra Energy Research Park in Davis, California. Sierra Energy’s commercial facility is located in Monterey County, California.
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