Drawdown Fund

The Drawdown Fund, established in 2018 and based in Park City, Utah, is a growth equity investment firm focused on businesses that contribute positively to environmental sustainability. Managed by Tiger Grass Capital, the firm targets sectors such as sustainable cities, food and agriculture, and energy, seeking to capitalize on market-based solutions to climate change. The Drawdown Fund invests in companies with proven technologies, established revenue streams, and strong growth potential, emphasizing those that can effectively reduce emissions or sequester greenhouse gases. With a commitment to generating both attractive risk-adjusted returns for investors and significant climate impact, the firm provides the necessary growth capital to help these businesses scale and thrive.

Erik Snyder

CEO and Founder

Laura Witt

General Partner

7 past transactions

Hayden AI

Series C in 2024
Hayden AI develops artificial intelligence and machine learning technologies for automated enforcement in dedicated bus lanes and stops. Their platform aims to enhance public transit efficiency, improve street safety, and promote sustainable urban mobility.

Hayden AI

Series B in 2023
Hayden AI develops artificial intelligence and machine learning technologies for automated enforcement in dedicated bus lanes and stops. Their platform aims to enhance public transit efficiency, improve street safety, and promote sustainable urban mobility.

Source

Series D in 2022
Source is a developer and manufacturer of solar-powered devices that extract drinkable water from the atmosphere. Its hydro panel technology uses advanced materials science to pull water from even the driest conditions and mineralize it for delivery to taps, enabling clean water access for residential, commercial, industrial, and community use. The company was founded in 2014 and is headquartered in Scottsdale, Arizona.

Arcadia

Series E in 2022
Arcadia, Inc. is a technology company based in Washington, D.C., founded in 2014, that focuses on providing access to clean energy solutions. Through its platform, Arc, the company connects subscribers to renewable energy sources such as wind farms and community solar projects. By enabling users to manage their accounts, track energy usage, and participate in clean energy initiatives, Arcadia aims to democratize access to renewable energy and combat the fossil fuel monopoly. The platform aggregates energy data from over 125 utilities, representing more than 80% of U.S. electric utility accounts, thus facilitating a significant shift toward sustainable energy practices. Additionally, Arcadia's community solar program addresses energy injustice while promoting economic growth, contributing over five Terawatt-hours of energy demand from residential and commercial users.

Mori

Series B in 2022
Mori, formerly known as Overlook Research, is a company that develops a natural biopolymer coating designed to extend the shelf life of perishable foods. Founded in 2016 and headquartered in Boston, Massachusetts, Mori's innovative coating is made from proteins extracted from natural silk using salt and water. This protective layer helps slow the spoiling process of various food items, including fruits, vegetables, meat, and seafood, thereby reducing food waste. By focusing on sustainable and economical solutions, Mori aims to transform the food supply and enhance the efficiency of the food, agriculture, and packaging industries.

Arcadia

Series D in 2021
Arcadia, Inc. is a technology company based in Washington, D.C., founded in 2014, that focuses on providing access to clean energy solutions. Through its platform, Arc, the company connects subscribers to renewable energy sources such as wind farms and community solar projects. By enabling users to manage their accounts, track energy usage, and participate in clean energy initiatives, Arcadia aims to democratize access to renewable energy and combat the fossil fuel monopoly. The platform aggregates energy data from over 125 utilities, representing more than 80% of U.S. electric utility accounts, thus facilitating a significant shift toward sustainable energy practices. Additionally, Arcadia's community solar program addresses energy injustice while promoting economic growth, contributing over five Terawatt-hours of energy demand from residential and commercial users.

Mori

Series B in 2021
Mori, formerly known as Overlook Research, is a company that develops a natural biopolymer coating designed to extend the shelf life of perishable foods. Founded in 2016 and headquartered in Boston, Massachusetts, Mori's innovative coating is made from proteins extracted from natural silk using salt and water. This protective layer helps slow the spoiling process of various food items, including fruits, vegetables, meat, and seafood, thereby reducing food waste. By focusing on sustainable and economical solutions, Mori aims to transform the food supply and enhance the efficiency of the food, agriculture, and packaging industries.
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