The Climate Pledge

The Climate Pledge, founded in 2019 and based in Seattle, Washington, is a corporate venture capital initiative by Amazon aimed at fostering sustainable and decarbonizing technologies and services. In June 2020, it launched The Climate Pledge Fund with an initial investment of $2 billion to support innovative companies that contribute to the transition towards a low-carbon economy. Through this dedicated investment program, The Climate Pledge seeks to identify and invest in visionary enterprises whose products and solutions align with its environmental goals, thereby promoting broader corporate responsibility in addressing climate change.

Ken Alston

Investor

Adiari Vázquez

Investor

20 past transactions

Turntide Technologies

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.

Brimstone Energy

Series A in 2022
Brimstone Energy is a hardware cleantech startup that aims to reduce CO2 emissions through innovative technologies.

ZeroAvia

Series B in 2021
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Hippo Harvest

Seed Round in 2021
Hippo Harvest develops an agriculture technology to help scale sustainable agriculture. It was founded in 2019 and is based in Half Moon Bay, California.

Infinium

Venture Round in 2021
Infinium specializes in the production of electrofuels designed to decarbonize the transportation sector. By offering a net-zero carbon alternative to traditional liquid fuels, Infinium's electrofuels serve as drop-in replacements for petroleum-derived products, allowing immediate use in various transportation fleets, including planes, ships, and trucks. This innovative solution enables clients to significantly reduce harmful greenhouse gas emissions without the need for extensive capital investments or time-consuming upgrades to existing infrastructure.

CMC Srl

Private Equity Round in 2021
CMC Srl, founded in 1980 and headquartered in Città di Castello, Italy, specializes in the design and manufacture of packaging and mailing machinery. The company offers a range of innovative products, including envelope-inserting systems, paper wrapping solutions, and various packaging technologies such as CMC cartonwrap, CMC cartonpack, CMC smart mailer, and CMC bubblewrapper. CMC Srl also provides logistics solutions and has developed the award-winning CMC 3D right sizing packaging technology, which supports retailers and logistics companies in optimizing their fulfillment processes. By focusing on customer retention and tailored solutions, CMC Srl aims to meet the evolving needs of the mailing, graphic arts, e-commerce, and logistics industries while promoting sustainability in packaging.

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.

Rivian

Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company focused on developing and manufacturing electric adventure vehicles, including five-passenger pickup trucks and sports utility vehicles. Founded in 2009 by Robert J. Scaringe, Rivian is headquartered in Plymouth, Michigan, with additional facilities located in California, Illinois, the United Kingdom, and Canada. The company aims to advance sustainable mobility through innovative products and services that redefine traditional automotive economics and enhance the ownership experience. Rivian also emphasizes the development of autonomous electric vehicles designed for comfort and eco-friendliness, contributing to the shift towards a more sustainable transportation future.

ION Energy

Seed Round in 2021
ION Energy is accelerating Earth's transition to an all-electric planet. With a cutting-edge battery management system, advanced analytics software and artificial intelligence-powered platform, ION is enabling electric vehicle and energy storage space providers to unlock the power of data to make faster and smarter decisions. ION is empowering organizations with the flexibility, independence, and autonomy to buy ready-to-deploy BMS platforms or build custom zero-downtime BMS models. Their versatility and adaptability have helped them to continually emerge as the ideal battery technology partner for OEMs and battery pack manufacturers.

ZeroAvia

Venture Round in 2021
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Beta Technologies

Series A in 2021
Beta Technologies specializes in the design and development of electric aircraft including advanced flight control and electric propulsion systems, with a focus on clean aviation technology.

Turntide Technologies

Venture Round in 2021
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.

Infinium

Venture Round in 2021
Infinium specializes in the production of electrofuels designed to decarbonize the transportation sector. By offering a net-zero carbon alternative to traditional liquid fuels, Infinium's electrofuels serve as drop-in replacements for petroleum-derived products, allowing immediate use in various transportation fleets, including planes, ships, and trucks. This innovative solution enables clients to significantly reduce harmful greenhouse gas emissions without the need for extensive capital investments or time-consuming upgrades to existing infrastructure.

Rivian

Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company focused on developing and manufacturing electric adventure vehicles, including five-passenger pickup trucks and sports utility vehicles. Founded in 2009 by Robert J. Scaringe, Rivian is headquartered in Plymouth, Michigan, with additional facilities located in California, Illinois, the United Kingdom, and Canada. The company aims to advance sustainable mobility through innovative products and services that redefine traditional automotive economics and enhance the ownership experience. Rivian also emphasizes the development of autonomous electric vehicles designed for comfort and eco-friendliness, contributing to the shift towards a more sustainable transportation future.

ZeroAvia

Series A in 2020
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Turntide Technologies

Venture Round in 2020
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.

CarbonCure Technologies

Venture Round in 2020
CarbonCure Technologies Inc. provides technology to existing concrete plants that allows producers to sequester carbon dioxide into their concrete products. Its technology recycles waste carbon dioxide (CO2) to make concrete products. The company source waste CO2 from industrial emitters, and is added to the concrete during production, where it is chemically converted into a limestone-like mineral. The company was formerly known as Carbon Sense Solutions Inc. and changed its name to CarbonCure Technologies Inc. in January 2011. The company was incorporated in 2007 and is based in Dartmouth, Canada.

Redwood Materials

Funding 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.
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