Azolla Ventures

Azolla Ventures is a venture capital firm based in Cambridge, Massachusetts, founded in 2021. The firm focuses on investing in early-stage technology companies that are developing innovative solutions to address climate change. By targeting investments in climate breakthroughs, Azolla Ventures aims to support ventures that have the potential to significantly mitigate the impacts of environmental challenges.

Tracie Burns

Investor

Amy Duffuor

Co-Founder and General Partner

Lauren Hartle Ph.D

Principal

Alexandra Steckmest

Investor

Ryan Taylor

Investment Associate

Cassandra Vickers

Associate

Jillian Chase Ph.D

Principal

2 past transactions

SiTration

Pre Seed Round in 2022
SiTration, founded by Brendan Smith in 2020 and based in Cambridge, Massachusetts, specializes in the development of ultra-durable filtration membranes tailored for efficient separations in harsh environments. The company's innovative technology enhances energy efficiency in challenging industrial applications by integrating the low cost and exceptional durability of various advanced commercial membranes. This enables users to achieve resource-efficient operations even in demanding conditions, setting SiTration apart in the filtration industry.

Heaten

Series A in 2022
Heaten is an industrial start-up, tackling one of the most difficult problems for numerous industries, namely, to accelerate the electrification of heat with the prospect of deep-decarbonization, while providing viable roadmaps, both technically and economically to rapidly de-carbonize industrial heating processes. Heaten is a start-up with an 8 years R&D history in heat-to-power (Organic Ranking Cycle) and power-to-heat machines (heat pump). Our technology platform and knowledge are leading the efforts to deliver process temperatures of currently realized 165 degrees Celsius which covers 30% of the energy demand of all industrial heating processes, equivalent to a €39billion TAM in the EU-28 market only. Heaten's technology platform can achieve up to 400 degrees Celsius (R&D roadmap). Heaten AS has gone through the full cycle of R&D, prototyping, engineering, and design to successfully deliver 200kW heat pumps and industrial equipment to a customer. We are now looking to scaling the existing platform to meet industry needs and staying ahead of the competition by leading R&D and secure IP into medium-temperature process heat.
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