Climate Investment

Climate Investments is a London-based venture capital firm established in 2016, focusing on technologies and projects aimed at mitigating climate change. The firm specializes in investments that target the reduction of methane and carbon dioxide emissions, as well as advancements in carbon capture, recycling, and storage solutions. In the broader context of climate action, many leading oil and gas companies are aligning with the objectives of the Paris Agreement through initiatives like the Oil and Gas Climate Initiative (OGCI). This collaboration seeks to enhance the effectiveness and reach of their individual efforts to lower greenhouse gas emissions while also exploring innovative technologies and alternative business models.

Marc van den Berg

Global Managing Director, Investments

Joey Bernica

Director

Mike Bishop

Director, Investments

Cindi Bough

Managing Director, Investments

Juan Higuera

Principal, Investments

James Mackey

Managing Director, Investments

Felicity O'Kelly

Investment Principal

Pratima Rangarajan

CEO

Will Shimer

Principal, Investments

Patrick Yip

Managing Director and Head of Growth

David Horsup Ph.D

Managing Director, Technology

35 past transactions

Norsepower

Series C in 2023
Norsepower Oy Ltd is a Finnish clean technology and engineering company that focuses on harnessing renewable wind energy for the maritime industry. Founded in 2012 and based in Helsinki, Norsepower develops low-maintenance, software-operated auxiliary wind propulsion systems, specifically its Rotor Sail Solution. This innovative technology employs the Magnus effect through a spinning cylinder to generate wind power, aiding in the propulsion of vessels. The company's solutions aim to reduce fuel consumption and greenhouse gas emissions, thereby enhancing the efficiency and sustainability of maritime operations. Norsepower has secured over $6 million in funding from various investors, including Power Fund III and Lifeline Ventures Oy, as well as support from the Finnish Funding Agency for Technology and Innovation.

Turntide

Venture Round in 2022
Turntide Technologies (formerly Software Motor Company) has developed an efficient and intelligent electric motor system. The revolutionary Smart Motor System is based on proven switched reluctance technology, now managed with advanced cloud software and connected to precise controls via IoT. Turntide’s vision is to eliminate the 25% of global electricity consumption that is wasted by legacy motors, thus accelerating the world’s transition from fossil fuels. Turntide is based in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Turntide has installed Smart Motor Systems with dozens of customers, reducing their motor electricity consumption by an average of 64%, and is powering the systems of leading OEMs.

Qnovo

Series C in 2022
Qnovo Incorporated specializes in adaptive charging software for mobile devices, enhancing battery performance through innovative algorithms. Founded in 2009 and based in Newark, California, the company offers several products, including QNS, an adaptive charging solution for smartphones that allows for rapid charging while extending battery life to over 800 cycles. It also provides µQNS for two-in-one laptops and a solution for wearables that optimizes high energy-density batteries for fast charging and longevity. Additionally, Qnovo offers predictive analytics that help device manufacturers and mobile carriers gain insights into battery performance, ultimately reducing return costs. By continuously measuring battery health and adjusting charging parameters in real-time, Qnovo significantly improves the mobile user experience by enabling faster charging, longer daily usage, and enhanced overall battery lifespan.

Qnergy

Series C in 2021
Qnergy Inc. is a company that specializes in the development and manufacturing of Stirling engines and systems for various power applications, including residential, commercial, and industrial uses. Founded in 2009 and headquartered in Ogden, Utah, with additional offices in Calgary and Houston, Qnergy offers innovative solutions to generate electricity from diverse heat sources such as biofuels, natural gas, and waste heat. The company's technology is designed to be highly efficient, with a total efficiency exceeding 90%, making it suitable for micro-combined heat and power systems, solar power generation, and liquefied natural gas applications. Additionally, Qnergy provides compressed air pneumatics solutions that reduce methane emissions from pneumatic devices. By enabling on-site power generation, Qnergy helps its customers improve operational efficiency while minimizing their environmental impact.

Urbint

Series C in 2021
Urbint is an artificial intelligence company focused on enhancing infrastructure and utility safety. It develops AI-powered solutions that help utilities and infrastructure operators effectively manage risks while optimizing resource allocation. By utilizing proprietary Models of the World and machine learning, Urbint enables risk-driven decision-making that improves safety, reliability, and cost-effectiveness, all while aiming to reduce emissions. The company's technology proactively predicts and prevents threats to critical infrastructure, safeguarding both the facilities and the workers involved in their maintenance. Urbint's platform is designed to empower operators in the construction, servicing, replacement, and protection of infrastructure, ultimately making communities safer and more resilient.

Insight M

Series C in 2021
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Metron

Series B in 2021
Metron, based in Paris, France, specializes in software solutions for the management, maintenance, and optimization of energy resources. Founded in 2013, the company operates an energy services platform that processes and analyzes data from industrial sites in real time, interfacing with energy markets to enhance efficiency. Metron employs predictive analytics and big data techniques to help clients identify new opportunities for energy optimization. By leveraging a combination of artificial intelligence, data science algorithms, and human expertise, the firm aims to improve sustainability and productivity for businesses. Additionally, Metron's virtual assistant, METRON-EVA®, supports the deployment of its solutions across various industrial environments, further facilitating the management and optimization of energy flows.

75F

Series A in 2021
75F is a U.S.-based building intelligence company making smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment. 75F is currently headquartered in Burnsville, Minnesota.

GHGSat

Series B in 2021
GHGSat Incorporated provides greenhouse gas emissions monitoring data and services. The company offers data products, including surface reflectance images, abundance datasets, concentration maps, and monitoring and emission rates. Its analysis services include monitoring of targeted sites, such as natural gas leaks from pipelines; emission rate estimations, including inventory analysis emission rate of species; augmented analysis of emissions; mosaics of commercial satellite imagery products; and trending analysis of emissions from individual sites, or grouped sites. The company offers its products through a network of resellers to oil and gas, power generation, mining, waste management, and agriculture markets in Canada and internationally. GHGSat Incorporated was founded in 2011 and is based in Montreal, Canada.

Seekops

Series B in 2021
SeekOps Inc. specializes in leak detection services for oil and gas service providers and regulators. The company offers quantification and handheld concentration measurement services, catering to customers both in the United States and internationally. Founded in 2017 and based in Austin, Texas, SeekOps delivers comprehensive gas emissions inspection operations to meet industry needs.

Solidia

Venture Round in 2021
Solidia Technologies enables next generation products that offer superior performance while significantly minimizing environmental impact. Solidia is an advanced materials company, focusing on developing scalable solutions for the world of building and construction materials. Their technology enables the design of next generation products made by low energy processes that utilize waste materials and consume CO2. The products offer superior performance and value when compared to cement, concrete and stone while significantly minimizing environmental impact.

Andium

Series A in 2021
Andium Inc. develops and manufactures cloud-based computing devices aimed at real-time data management. The company’s product line includes the Andium Industrial Edge v2.0, which is designed for data monitoring and sensor management specifically in oil and gas applications, the Andium Flow Computer v1.2 for gas volumetric flow computation, and Andium Truck Wi-Fi, a solution that enhances in-vehicle digital communications for fleet connectivity. Founded in 2014 and headquartered in New York, Andium was previously known as Mobile Iris, Inc. before rebranding in June 2016. The company emphasizes bringing advanced computing capabilities to compact, cost-effective hardware, making sophisticated technology more accessible.

Svante

Series D in 2021
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

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.

GHGSat

Series B in 2020
GHGSat Incorporated provides greenhouse gas emissions monitoring data and services. The company offers data products, including surface reflectance images, abundance datasets, concentration maps, and monitoring and emission rates. Its analysis services include monitoring of targeted sites, such as natural gas leaks from pipelines; emission rate estimations, including inventory analysis emission rate of species; augmented analysis of emissions; mosaics of commercial satellite imagery products; and trending analysis of emissions from individual sites, or grouped sites. The company offers its products through a network of resellers to oil and gas, power generation, mining, waste management, and agriculture markets in Canada and internationally. GHGSat Incorporated was founded in 2011 and is based in Montreal, Canada.

OnTruck

Venture Round in 2020
OnTruck is a technology-driven platform that facilitates regional merchandise transport by connecting businesses with a network of professional freight carriers. The service allows companies to obtain immediate and transparent pricing for shipping pallets of goods, streamlining the process of scheduling shipments, which can be completed in under two minutes. OnTruck operates in Spain and the United Kingdom, covering areas such as Madrid, Catalonia, Valencia, and London. The platform offers real-time tracking of shipments and aims to optimize the use of industrial vehicles by efficiently generating delivery routes, thereby minimizing empty kilometers traveled. Additionally, OnTruck's pricing is competitive, providing rates that can be up to 50% lower than typical industry standards. The company utilizes artificial intelligence to match shipments with the appropriate carriers quickly, enhancing the overall efficiency of freight management.

Qnergy

Series B in 2020
Qnergy Inc. is a company that specializes in the development and manufacturing of Stirling engines and systems for various power applications, including residential, commercial, and industrial uses. Founded in 2009 and headquartered in Ogden, Utah, with additional offices in Calgary and Houston, Qnergy offers innovative solutions to generate electricity from diverse heat sources such as biofuels, natural gas, and waste heat. The company's technology is designed to be highly efficient, with a total efficiency exceeding 90%, making it suitable for micro-combined heat and power systems, solar power generation, and liquefied natural gas applications. Additionally, Qnergy provides compressed air pneumatics solutions that reduce methane emissions from pneumatic devices. By enabling on-site power generation, Qnergy helps its customers improve operational efficiency while minimizing their environmental impact.

Insight M

Series C in 2020
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

XL Fleet

Convertible Note in 2019
XL Fleet is a provider of electrified powertrain solutions for commercial fleet vehicles. The company provides real-time data monitoring and analytics and will expand its “Electrification-as-a Service” solution, which includes power management, charging infrastructure, and onsite power and storage offerings. XL has developed a flexible proprietary electrification powertrain platform that transforms traditional fossil fuel-powered fleet vehicles into hybrid and plug-in hybrid electric vehicles as they are manufactured.

Norsepower

Venture Round in 2019
Norsepower Oy Ltd is a Finnish clean technology and engineering company that focuses on harnessing renewable wind energy for the maritime industry. Founded in 2012 and based in Helsinki, Norsepower develops low-maintenance, software-operated auxiliary wind propulsion systems, specifically its Rotor Sail Solution. This innovative technology employs the Magnus effect through a spinning cylinder to generate wind power, aiding in the propulsion of vessels. The company's solutions aim to reduce fuel consumption and greenhouse gas emissions, thereby enhancing the efficiency and sustainability of maritime operations. Norsepower has secured over $6 million in funding from various investors, including Power Fund III and Lifeline Ventures Oy, as well as support from the Finnish Funding Agency for Technology and Innovation.

Seekops

Series A in 2019
SeekOps Inc. specializes in leak detection services for oil and gas service providers and regulators. The company offers quantification and handheld concentration measurement services, catering to customers both in the United States and internationally. Founded in 2017 and based in Austin, Texas, SeekOps delivers comprehensive gas emissions inspection operations to meet industry needs.

75F

Series A in 2019
75F is a U.S.-based building intelligence company making smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment. 75F is currently headquartered in Burnsville, Minnesota.

Svante

Series C in 2019
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

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.

Svante

Series C in 2019
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

Kelvin

Series B in 2018
Kelvin Inc. is a technology company based in San Francisco, California, established in 2013. It specializes in the design and development of the Kelvin Oil App, a software solution that leverages artificial intelligence to automate the optimization and operation of physical systems, specifically catering to the oil field markets. By utilizing advanced A.I. techniques, Kelvin aims to simplify the management of complex systems, enhancing operational efficiency and effectiveness for its clients in the industry.

Insight M

Series B in 2018
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Clarke Valve

Series B in 2018
Clarke Valve is a developer of energy-saving shutter valves designed to work in a variety of industrial and aerospace applications. The company's technology can be easily scaled or customized to meet many challenging requirements and is currently deployed in a diverse spectrum of markets, including oil and gas, aerospace, chemical, power plants, and water management. Its valves offer a combination of zero pressure drop, zero flow restriction, full pluggability, precise flow control, negligible turbulence, low cavitation, low water hammer, low noise, ultra-thin footprint, low power consumption, plug and play adaptability and long-term reliability, that enable power plants, oil and gas facilities, and chemical plants to efficiently use these valves in various challenging applications. Clarke Valve was established in 2011 and is headquartered in North Kingstown, Rhode Island.

GHGSat

Series A in 2018
GHGSat Incorporated provides greenhouse gas emissions monitoring data and services. The company offers data products, including surface reflectance images, abundance datasets, concentration maps, and monitoring and emission rates. Its analysis services include monitoring of targeted sites, such as natural gas leaks from pipelines; emission rate estimations, including inventory analysis emission rate of species; augmented analysis of emissions; mosaics of commercial satellite imagery products; and trending analysis of emissions from individual sites, or grouped sites. The company offers its products through a network of resellers to oil and gas, power generation, mining, waste management, and agriculture markets in Canada and internationally. GHGSat Incorporated was founded in 2011 and is based in Montreal, Canada.

Insight M

Series B in 2018
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Svante

Series C in 2018
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

Econic Technologies

Venture Round in 2018
Econic Technologies Ltd. is a chemical technology company based in Macclesfield, United Kingdom, that specializes in developing novel catalysts and processes to convert waste carbon dioxide into valuable polymers and polyurethanes. Founded in 2011, the company focuses on producing polyols and surfactants that are utilized across various industries, including construction, automotive, furniture, and apparel. Their innovative approach allows for the creation of high-performance products, such as foams, coatings, sealants, and adhesives, by reacting carbon dioxide with conventional epoxides. This not only reduces dependence on fossil fuels but also transforms a harmful greenhouse gas into economically and environmentally beneficial materials. The company operates from a state-of-the-art facility at Alderley Park, where a skilled team of scientists and engineers continues to advance its patented catalyst technologies, aiming to enhance sustainability in polymer manufacturing while delivering tangible benefits to the market.

Solidia

Series C in 2017
Solidia Technologies enables next generation products that offer superior performance while significantly minimizing environmental impact. Solidia is an advanced materials company, focusing on developing scalable solutions for the world of building and construction materials. Their technology enables the design of next generation products made by low energy processes that utilize waste materials and consume CO2. The products offer superior performance and value when compared to cement, concrete and stone while significantly minimizing environmental impact.

Achates Power

Series D in 2017
Achates Power, Inc. is a company based in San Diego, California, specializing in the development, manufacturing, and marketing of internal combustion engines for various industries, including commercial trucks, passenger vehicles, military, maritime, and stationary power sectors. Founded in 2004, the company focuses on opposed-piston, two-stroke, and compression ignition engines designed to enhance fuel efficiency and reduce greenhouse gas emissions. Achates Power's engines utilize existing fuel infrastructure, allowing global equipment manufacturers to meet fuel efficiency and emissions standards without incurring additional costs or complexity. The company also offers engineering services, assisting clients in engine design and providing technology licenses for access to proprietary designs, tools, and patents. Its experienced team employs advanced testing, simulation, and analysis techniques to further innovate in the field of combustion engine technology.

Kelvin

Series A in 2016
Kelvin Inc. is a technology company based in San Francisco, California, established in 2013. It specializes in the design and development of the Kelvin Oil App, a software solution that leverages artificial intelligence to automate the optimization and operation of physical systems, specifically catering to the oil field markets. By utilizing advanced A.I. techniques, Kelvin aims to simplify the management of complex systems, enhancing operational efficiency and effectiveness for its clients in the industry.
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