New Climate Ventures

New Climate Ventures is an early-stage venture capital firm based in Houston, Texas, founded in 2021. The firm focuses on investing in innovative companies that specialize in carbon reduction and avoidance technologies, as well as those operating in the energy, food, ag tech, climate tech, and finance sectors. New Climate Ventures employs a diversified investment approach, utilizing its expertise in various fields, including technology and market analysis, to support entrepreneurs during the critical early stages of business development. The firm actively collaborates with founders by offering operational guidance, investment strategies, team-building support, and access to a broad network of investors, startups, and corporations, all aimed at facilitating the success of its portfolio companies.

Jonathan Greene

Investment Principal

Eric Rubenstein

Founding Managing Partner

9 past transactions

Cloverly

Series A in 2023
Provide tools for businesses and organizations to achieve carbon neutrality by connecting online buyers to local, high-quality renewable energy through their Sustainability-as-a-Service platform. Clean-tech startup creating a sustainability-as-a-service platform to make carbon offsets accessible for everyday activities.

Mantel

Seed Round in 2022
Mantel is focused on developing innovative carbon capture technology aimed at reducing carbon dioxide emissions and achieving net-negative emissions. The company's method captures CO2 before it can enter the atmosphere, utilizing low energy processes to enhance efficiency. Designed for integration within boilers, kilns, and furnaces, Mantel's technology leverages biomass waste and residue to facilitate significant carbon removal. This approach addresses sustainability challenges while utilizing liquid-phase chemistry applicable across various sectors, including industrial heat, steel, and chemicals. By enabling clients to lower their costs associated with carbon capture and storage, Mantel plays a crucial role in the transition towards a more sustainable future.

MIRICO

Funding Round in 2022
MIRICO Ltd. is a UK-based laser spectroscopy instrumentation company formed in 2015 as a spin-out from the Science and Technology Facilities Council. The technology underpinning MIRICO was developed by the RAL Space Laser Spectroscopy Team, led by Dr. Damien Weidmann. The laser spectroscopy team consists of 8 senior scientists who carry out cutting edge research and development. Over the years they have developed a range of spectroscopy techniques that overcome the major downfalls of current technologies. The company was formed to commercialise and take these technologies to market.

Imagindairy

Seed Round in 2022
Producer of protein-based dairy products intended to provide healthy and tasty animal-free dairy goods. The company uses an integrating system and synthetic biology for maximal milk protein production and offers milk and other dairy products that are developed by deep tech, enabling consumers with an alternative to animal products at an affordable price.

CarbiCrete

Series A in 2022
Carbicrete Inc. is a technology company based in Westmount, Canada, specializing in the development of innovative building solutions that significantly reduce greenhouse gas emissions. Founded in 2016, Carbicrete offers a unique technology that enables the production of cement-free, carbon-negative concrete by utilizing industrial by-products and captured carbon dioxide. The company replaces traditional cement in the concrete mix with steel slag and employs a curing process that incorporates carbon dioxide, effectively eliminating the emissions associated with cement production and permanently sequestering carbon dioxide from the atmosphere. Carbicrete licenses its technology to precast concrete manufacturers, providing them with the means to produce low-cost, sustainable building materials.

Imagindairy

Seed Round in 2021
Producer of protein-based dairy products intended to provide healthy and tasty animal-free dairy goods. The company uses an integrating system and synthetic biology for maximal milk protein production and offers milk and other dairy products that are developed by deep tech, enabling consumers with an alternative to animal products at an affordable price.

Bucha Bio

Seed Round in 2021
Bucha Bio creates a novel biomaterial grown from infinitely renewable bacterial-nanocellulose. Strands of natural fibers interlock to form a high-performance textile with a luxuriously soft handfeel. Produced in weeks rather than months or years, use it in premium applications instead of animal leather, polyurethane, latex, vinyl, and so much more. Creating a reliable material is our goal, adding plastics and petrochemicals like PU polyurethane would make it easy, but we’ve never taken the easy way out. Committed to sustainability, Bucha Bio’s team is dedicated to creating a completely biodegradable textile that enables the next generation of designers to create products for a more sustainable future. Our biomaterial is water-resistant, scratch-resistant, sunlight-resistant, flame-resistant, and so many more reasons to test it out in your next product.
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